Citizens Finl Group INC (CFG) Market Value Declined While Castine Capital Management LLC Has Boosted Its Position

February 14, 2018 - By Hazel Jackson

Investors sentiment increased to 1.01 in 2017 Q3. Its up 0.01, from 1 in 2017Q2. It increased, as 50 investors sold CFG shares while 178 reduced holdings. 55 funds opened positions while 175 raised stakes. 468.84 million shares or 1.38% less from 475.38 million shares in 2017Q2 were reported. Rbf Cap Ltd Limited Liability Company invested 0.05% of its portfolio in Citizens Financial Group, Inc. (NYSE:CFG). Caxton Assocs Ltd Partnership invested in 0.02% or 12,900 shares. Eqis Cap, California-based fund reported 9,470 shares. Fincl Bank Of Nova Scotia holds 0.02% of its portfolio in Citizens Financial Group, Inc. (NYSE:CFG) for 86,872 shares. Allsquare Wealth Mgmt Ltd reported 0.03% stake. Laurion Capital Mngmt Limited Partnership owns 132,825 shares for 0.02% of their portfolio. Credit Agricole S A invested in 235,422 shares or 0.03% of the stock. Blackrock Incorporated holds 45.43 million shares. State Treasurer State Of Michigan has invested 0.05% in Citizens Financial Group, Inc. (NYSE:CFG). Aviva Public Limited has invested 0.07% of its portfolio in Citizens Financial Group, Inc. (NYSE:CFG). Paradigm Asset Mgmt Limited Liability invested in 0.88% or 89,930 shares. Kbc Nv invested in 0.22% or 637,344 shares. 27.25M are held by State Street. D E Shaw stated it has 2.11M shares. Qs Invsts accumulated 0.03% or 101,210 shares.

Castine Capital Management Llc increased its stake in Citizens Finl Group Inc (CFG) by 98.79% based on its latest 2017Q3 regulatory filing with the SEC. Castine Capital Management Llc bought 116,785 shares as the company’s stock declined 8.64% while stock markets rallied. The institutional investor held 235,000 shares of the finance company at the end of 2017Q3, valued at $8.90M, up from 118,215 at the end of the previous reported quarter. Castine Capital Management Llc who had been investing in Citizens Finl Group Inc for a number of months, seems to be bullish on the $21.84 billion market cap company. The stock increased 0.98% or $0.43 during the last trading session, reaching $44.39. About 3.44M shares traded. Citizens Financial Group, Inc. (NYSE:CFG) has risen 50.96% since February 14, 2017 and is uptrending. It has outperformed by 34.26% the S&P500.

Castine Capital Management Llc, which manages about $395.38 million and $270.95M US Long portfolio, decreased its stake in Sterling Bancorp Del (NYSE:STL) by 308,322 shares to 177,219 shares, valued at $4.37 million in 2017Q3, according to the filing.

More important recent Citizens Financial Group, Inc. (NYSE:CFG) news were published by: Reuters.com which released: “BRIEF-Citizens Financial Group Q4 Earnings Per Share $1.35” on January 19, 2018, also Businesswire.com published article titled: “Eric Schuppenhauer Joins Citizens Bank as President of Home Mortgage”, Businesswire.com published: “Citizens Financial Group to Present at the Credit Suisse 19” on January 25, 2018. More interesting news about Citizens Financial Group, Inc. (NYSE:CFG) was released by: Nasdaq.com and their article: “Ex-Dividend Reminder: Aon, Northwest Bancshares and Citizens Financial Group” with publication date: January 29, 2018.

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

Among 26 analysts covering Citizens Financial Group (NYSE:CFG), 12 have Buy rating, 3 Sell and 11 Hold. Therefore 46% are positive. Citizens Financial Group had 82 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Citizens Financial Group, Inc. (NYSE:CFG) has “Outperform” rating given on Thursday, September 14 by Bernstein. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Friday, August 11 report. The stock has “Hold” rating by Barclays Capital on Tuesday, January 2. The stock has “Outperform” rating by Bernstein on Wednesday, August 26. The stock of Citizens Financial Group, Inc. (NYSE:CFG) has “Buy” rating given on Sunday, January 21 by Keefe Bruyette & Woods. The firm has “Buy” rating given on Tuesday, January 26 by Compass Point. Barclays Capital maintained the shares of CFG in report on Tuesday, January 3 with “Equal Weight” rating. The rating was upgraded by Zacks on Thursday, August 27 to “Sell”. The stock of Citizens Financial Group, Inc. (NYSE:CFG) has “Outperform” rating given on Monday, May 1 by Wedbush. The rating was maintained by Citigroup with “Neutral” on Monday, October 9.

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