Systematic Financial Management LP Decreased Holding in Citizens Financial Group INC (CFG) by $3.25 Million

May 25, 2018 - By Migdalia James

Citizens Financial Group, Inc. (NYSE:CFG) LogoInvestors sentiment decreased to 0.94 in Q4 2017. Its down 0.07, from 1.01 in 2017Q3. It worsened, as 38 investors sold CFG shares while 197 reduced holdings. 66 funds opened positions while 155 raised stakes. 456.57 million shares or 2.62% less from 468.84 million shares in 2017Q3 were reported. Winslow Evans & Crocker reported 0% in Citizens Financial Group, Inc. (NYSE:CFG). Bkd Wealth Advisors Limited Com holds 12,715 shares. New York-based Claar Advisors Ltd Llc has invested 2.97% in Citizens Financial Group, Inc. (NYSE:CFG). Boston Advsr Limited Co reported 0.65% in Citizens Financial Group, Inc. (NYSE:CFG). Frontier Mgmt Communication Lc owns 0.05% invested in Citizens Financial Group, Inc. (NYSE:CFG) for 163,230 shares. British Columbia Inv Mgmt has 517,721 shares. Brinker Capital Inc accumulated 0.01% or 5,183 shares. Nuveen Asset Mgmt accumulated 13,218 shares. Stoneridge Investment Prns Limited Liability Corp accumulated 135,153 shares. Tarbox Family Office Inc reported 25 shares stake. The New York-based Salzhauer Michael has invested 0.2% in Citizens Financial Group, Inc. (NYSE:CFG). Nebraska-based Ameritas Invest Partners has invested 0.02% in Citizens Financial Group, Inc. (NYSE:CFG). Samlyn Cap Ltd Liability Company reported 1.86M shares. Apg Asset Mngmt Nv holds 157,019 shares. Symphony Asset Mgmt Ltd Llc invested in 0.3% or 70,494 shares.

Systematic Financial Management Lp decreased its stake in Citizens Financial Group Inc. (CFG) by 3.7% based on its latest 2017Q4 regulatory filing with the SEC. Systematic Financial Management Lp sold 79,342 shares as the company’s stock declined 2.44% with the market. The institutional investor held 2.06 million shares of the finance company at the end of 2017Q4, valued at $86.61 million, down from 2.14 million at the end of the previous reported quarter. Systematic Financial Management Lp who had been investing in Citizens Financial Group Inc. for a number of months, seems to be less bullish one the $20.02 billion market cap company. The stock decreased 0.58% or $0.24 during the last trading session, reaching $41.3. About 705,245 shares traded. Citizens Financial Group, Inc. (NYSE:CFG) has risen 21.47% since May 25, 2017 and is uptrending. It has outperformed by 9.92% the S&P500.

Systematic Financial Management Lp, which manages about $14.04B and $5.00 billion US Long portfolio, upped its stake in Triton International Limited C by 770,431 shares to 1.13 million shares, valued at $42.22M in 2017Q4, according to the filing. It also increased its holding in Msg Networks Inc. Class A by 849,193 shares in the quarter, for a total of 971,893 shares, and has risen its stake in Hudbay Minerals Inc. (NYSE:HBM).

Analysts await Citizens Financial Group, Inc. (NYSE:CFG) to report earnings on July, 20. They expect $0.85 earnings per share, up 34.92 % or $0.22 from last year’s $0.63 per share. CFG’s profit will be $412.01M for 12.15 P/E if the $0.85 EPS becomes a reality. After $0.78 actual earnings per share reported by Citizens Financial Group, Inc. for the previous quarter, Wall Street now forecasts 8.97 % EPS growth.

Another recent and important Citizens Financial Group, Inc. (NYSE:CFG) news was published by Bizjournals.com which published an article titled: “Citizens, Santander no longer ‘too big to fail’ under bill sent to Trump” on May 23, 2018.

Citizens Financial Group, Inc. (NYSE:CFG) Ratings Coverage

Among 14 analysts covering Citizens Financial Group (NYSE:CFG), 9 have Buy rating, 0 Sell and 5 Hold. Therefore 64% are positive. Citizens Financial Group had 27 analyst reports since December 13, 2017 according to SRatingsIntel. Piper Jaffray maintained it with “Buy” rating and $51.0 target in Friday, January 19 report. Vining Sparks initiated Citizens Financial Group, Inc. (NYSE:CFG) rating on Friday, April 20. Vining Sparks has “Buy” rating and $5700 target. The rating was maintained by Morgan Stanley on Wednesday, December 13 with “Overweight”. Sandler O’Neill upgraded the shares of CFG in report on Monday, April 23 to “Buy” rating. BMO Capital Markets maintained the shares of CFG in report on Monday, April 23 with “Outperform” rating. The rating was maintained by Robert W. Baird with “Hold” on Friday, January 19. Deutsche Bank upgraded the stock to “Buy” rating in Wednesday, April 4 report. The firm has “Hold” rating by Barclays Capital given on Tuesday, January 2. The firm earned “Buy” rating on Friday, April 20 by BMO Capital Markets. As per Wednesday, April 4, the company rating was maintained by Keefe Bruyette & Woods.

Citizens Financial Group, Inc. (NYSE:CFG) Institutional Positions Chart

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