Fort Sheridan Advisors LLC Has $855,000 Holdings in Citizens Financial Group, Inc. (NYSE:CFG)

Fort Sheridan Advisors LLC grew its position in Citizens Financial Group, Inc. (NYSE:CFG) by 155.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,532 shares of the bank’s stock after buying an additional 11,880 shares during the quarter. Fort Sheridan Advisors LLC’s holdings in Citizens Financial Group were worth $855,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. My Legacy Advisors LLC grew its position in Citizens Financial Group by 1.0% during the 4th quarter. My Legacy Advisors LLC now owns 22,810 shares of the bank’s stock worth $1,074,000 after purchasing an additional 229 shares in the last quarter. Brooklyn Investment Group lifted its stake in Citizens Financial Group by 3.3% in the 4th quarter. Brooklyn Investment Group now owns 7,304 shares of the bank’s stock worth $320,000 after acquiring an additional 233 shares in the last quarter. SeaCrest Wealth Management LLC boosted its position in Citizens Financial Group by 0.9% during the 4th quarter. SeaCrest Wealth Management LLC now owns 28,726 shares of the bank’s stock worth $1,257,000 after acquiring an additional 246 shares during the period. Ballentine Partners LLC grew its stake in Citizens Financial Group by 3.3% during the 4th quarter. Ballentine Partners LLC now owns 7,777 shares of the bank’s stock valued at $340,000 after acquiring an additional 247 shares in the last quarter. Finally, Commerce Bank increased its holdings in shares of Citizens Financial Group by 1.9% in the 3rd quarter. Commerce Bank now owns 13,177 shares of the bank’s stock valued at $541,000 after purchasing an additional 250 shares during the period. Institutional investors and hedge funds own 94.90% of the company’s stock.

Citizens Financial Group Stock Performance

CFG opened at $45.15 on Friday. Citizens Financial Group, Inc. has a 12-month low of $30.54 and a 12-month high of $49.25. The firm has a market capitalization of $19.74 billion, a P/E ratio of 14.90, a price-to-earnings-growth ratio of 0.81 and a beta of 1.10. The stock’s 50 day moving average price is $45.85 and its two-hundred day moving average price is $44.09. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.56.

Citizens Financial Group (NYSE:CFG) last announced its earnings results on Friday, January 17th. The bank reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.02. The business had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.96 billion. Citizens Financial Group had a net margin of 12.21% and a return on equity of 6.75%. Citizens Financial Group’s revenue was down .1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.85 earnings per share. On average, equities analysts forecast that Citizens Financial Group, Inc. will post 3.92 earnings per share for the current year.

Citizens Financial Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, January 31st were given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date was Friday, January 31st. Citizens Financial Group’s dividend payout ratio (DPR) is presently 55.45%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Raymond James reaffirmed a “strong-buy” rating and set a $58.00 price objective (up from $55.00) on shares of Citizens Financial Group in a research report on Tuesday, January 21st. Compass Point upped their price target on shares of Citizens Financial Group from $45.00 to $57.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Citigroup lifted their price objective on Citizens Financial Group from $50.00 to $58.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Barclays upped their target price on Citizens Financial Group from $47.00 to $52.00 and gave the stock an “equal weight” rating in a research report on Monday, January 6th. Finally, Stephens reiterated an “overweight” rating and set a $53.00 price target on shares of Citizens Financial Group in a report on Wednesday, January 29th. Nine equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $49.00.

About Citizens Financial Group

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.