Fjarde AP Fonden Fourth Swedish National Pension Fund Has $4.09 Million Stock Holdings in Citizens Financial Group, Inc. $CFG

Fjarde AP Fonden Fourth Swedish National Pension Fund lowered its stake in Citizens Financial Group, Inc. (NYSE:CFG) by 11.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,984 shares of the bank’s stock after selling 9,500 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Citizens Financial Group were worth $4,092,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CFG. Trust Co. of Vermont boosted its holdings in shares of Citizens Financial Group by 177.5% during the 2nd quarter. Trust Co. of Vermont now owns 641 shares of the bank’s stock valued at $29,000 after acquiring an additional 410 shares in the last quarter. GoalVest Advisory LLC increased its holdings in Citizens Financial Group by 16,900.0% in the 2nd quarter. GoalVest Advisory LLC now owns 680 shares of the bank’s stock worth $30,000 after purchasing an additional 676 shares in the last quarter. True Wealth Design LLC raised its position in Citizens Financial Group by 891.5% in the third quarter. True Wealth Design LLC now owns 585 shares of the bank’s stock valued at $31,000 after purchasing an additional 526 shares during the last quarter. REAP Financial Group LLC boosted its stake in shares of Citizens Financial Group by 72.4% during the second quarter. REAP Financial Group LLC now owns 736 shares of the bank’s stock valued at $33,000 after purchasing an additional 309 shares in the last quarter. Finally, Capital A Wealth Management LLC grew its holdings in shares of Citizens Financial Group by 3,970.0% during the second quarter. Capital A Wealth Management LLC now owns 814 shares of the bank’s stock worth $36,000 after purchasing an additional 794 shares during the last quarter. Institutional investors own 94.90% of the company’s stock.

Wall Street Analysts Forecast Growth

CFG has been the subject of a number of research reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Citizens Financial Group in a report on Monday, December 29th. Bank of America raised shares of Citizens Financial Group from a “neutral” rating to a “buy” rating and raised their price target for the company from $52.00 to $65.00 in a research note on Thursday, October 9th. Baird R W lowered shares of Citizens Financial Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 11th. Evercore ISI restated an “outperform” rating and issued a $69.00 price objective on shares of Citizens Financial Group in a report on Tuesday, January 6th. Finally, DA Davidson reaffirmed a “buy” rating and set a $59.00 target price on shares of Citizens Financial Group in a report on Thursday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $60.33.

Citizens Financial Group Price Performance

CFG stock opened at $60.82 on Monday. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 0.44. The firm has a market cap of $26.12 billion, a price-to-earnings ratio of 17.04, a PEG ratio of 0.53 and a beta of 0.72. The company’s fifty day simple moving average is $56.81 and its 200 day simple moving average is $52.61. Citizens Financial Group, Inc. has a 12-month low of $32.60 and a 12-month high of $62.16.

Citizens Financial Group Profile

Citizens Financial Group, Inc (NYSE: CFG) is a bank holding company that provides a broad range of banking and financial services to individuals, small and middle-market businesses, corporations and institutional clients. Headquartered in Providence, Rhode Island, Citizens conducts its banking operations principally through its primary banking subsidiary, Citizens Bank, and serves customers through a combination of branch locations, ATMs and digital channels. The company is publicly traded and operates under the regulatory framework applicable to U.S.