91,586 Shares in Citizens Financial Group, Inc. (NYSE:CFG) Bought by B. Metzler seel. Sohn & Co. Holding AG

B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Citizens Financial Group, Inc. (NYSE:CFG - Free Report) in the third quarter, according to its most recent filing with the SEC. The fund acquired 91,586 shares of the bank's stock, valued at approximately $3,761,000.

Several other institutional investors have also recently made changes to their positions in CFG. Innealta Capital LLC bought a new position in Citizens Financial Group in the 2nd quarter worth about $25,000. Costello Asset Management INC bought a new position in shares of Citizens Financial Group during the 3rd quarter valued at $25,000. Ashton Thomas Securities LLC bought a new stake in Citizens Financial Group in the third quarter worth $27,000. Catalyst Capital Advisors LLC bought a new position in shares of Citizens Financial Group during the third quarter valued at about $28,000. Finally, Versant Capital Management Inc increased its holdings in shares of Citizens Financial Group by 262.8% in the second quarter. Versant Capital Management Inc now owns 936 shares of the bank's stock worth $34,000 after buying an additional 678 shares during the period. Hedge funds and other institutional investors own 94.90% of the company's stock.

Citizens Financial Group Trading Up 0.2 %

NYSE CFG opened at $46.12 on Thursday. The stock has a market cap of $20.33 billion, a P/E ratio of 18.16, a P/E/G ratio of 1.75 and a beta of 1.07. The stock's fifty day moving average price is $42.54 and its 200-day moving average price is $39.65. Citizens Financial Group, Inc. has a 12 month low of $26.13 and a 12 month high of $48.35. The company has a current ratio of 0.87, a quick ratio of 0.86 and a debt-to-equity ratio of 0.61.

Citizens Financial Group (NYSE:CFG - Get Free Report) last announced its quarterly earnings results on Wednesday, October 16th. The bank reported $0.79 earnings per share for the quarter, meeting the consensus estimate of $0.79. Citizens Financial Group had a net margin of 10.37% and a return on equity of 5.73%. The company had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter last year, the firm earned $0.85 earnings per share. The firm's quarterly revenue was down 5.6% compared to the same quarter last year. As a group, equities analysts forecast that Citizens Financial Group, Inc. will post 3.2 EPS for the current fiscal year.

Citizens Financial Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 13th. Stockholders of record on Wednesday, October 30th were issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.64%. The ex-dividend date of this dividend was Wednesday, October 30th. Citizens Financial Group's payout ratio is currently 66.14%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Barclays raised their price target on Citizens Financial Group from $40.00 to $47.00 and gave the stock an "equal weight" rating in a research report on Thursday, October 17th. Evercore ISI cut their price objective on Citizens Financial Group from $47.00 to $46.00 and set an "in-line" rating on the stock in a research report on Wednesday, October 2nd. Keefe, Bruyette & Woods raised their price target on Citizens Financial Group from $42.00 to $46.00 and gave the stock a "market perform" rating in a research note on Monday, September 30th. Morgan Stanley upped their price objective on shares of Citizens Financial Group from $41.00 to $50.00 and gave the stock an "equal weight" rating in a report on Monday, August 5th. Finally, DA Davidson boosted their price target on shares of Citizens Financial Group from $46.00 to $48.00 and gave the company a "buy" rating in a research report on Thursday, October 17th. Nine equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, Citizens Financial Group currently has an average rating of "Hold" and an average price target of $43.80.

Citizens Financial Group Profile

Citizens Financial Group, Inc operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, corporations, and institutions in the United States. The company operates in two segments, Consumer Banking and Commercial Banking.