Citizens Financial Group Inc (NYSE:CFG) had its price objective trimmed by Oppenheimer from $30.00 to $27.00 in a research report report published on Monday morning, AnalystRatingsNetwork.com reports. The firm currently has an outperform rating on the stock.

In other Citizens Financial Group news, insider Donald H. Mccree III purchased 80,000 shares of the firm’s stock in a transaction on Thursday, November 12th. The shares were acquired at an average cost of $25.83 per share, with a total value of $2,066,400.00. Following the completion of the acquisition, the insider now directly owns 80,000 shares in the company, valued at $2,066,400. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Bank Of Scotland Group P. Royal sold 110,461,782 shares of the firm’s stock in a transaction dated Tuesday, November 3rd. The shares were sold at an average price of $23.38, for a total value of $2,582,596,463.16. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in Citizens Financial Group stock. Livforsakringsbolaget Skandia Omsesidigt raised its position in shares of Citizens Financial Group Inc (NYSE:CFG) by 50.7% during the fourth quarter, according to its most recent filing with the SEC. The hedge fund owned 51,400 shares of the company’s stock after buying an additional 17,300 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Citizens Financial Group were worth $1,346,000 as of its most recent SEC filing.

Citizens Financial Group (NYSE:CFG) opened at 19.79 on Monday. The company has a market capitalization of $10.44 billion and a price-to-earnings ratio of 12.77. Citizens Financial Group has a 52 week low of $19.73 and a 52 week high of $28.71. The firm has a 50-day moving average price of $24.86 and a 200-day moving average price of $25.05.

Citizens Financial Group (NYSE:CFG) last posted its earnings results on Friday, January 22nd. The company reported $0.42 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.42. The business earned $1.20 billion during the quarter. The company’s quarterly revenue was up 4.5% on a year-over-year basis. During the same period last year, the firm posted $0.39 earnings per share. Analysts anticipate that Citizens Financial Group will post $1.87 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 18th. Shareholders of record on Thursday, February 4th will be issued a dividend of $0.10 per share. The ex-dividend date is Tuesday, February 2nd. This represents a $0.40 dividend on an annualized basis and a yield of 2.02%.

A number of other research firms have also commented on CFG. Ladenburg Thalmann raised Citizens Financial Group from a neutral rating to a buy rating in a report on Monday, October 12th. Compass Point reissued a buy rating and issued a $33.00 target price on shares of Citizens Financial Group in a report on Tuesday, December 8th. Piper Jaffray started coverage on Citizens Financial Group in a report on Monday, November 23rd. They issued an overweight rating and a $31.00 target price for the company. Citigroup Inc. raised Citizens Financial Group from a neutral rating to a buy rating and set a $29.00 target price for the company in a report on Monday, October 12th. Finally, Barclays dropped their price target on Citizens Financial Group from $27.00 to $25.00 and set an equal weight rating on the stock in a research note on Monday. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and twelve have assigned a buy rating to the stock. The company has an average rating of Buy and a consensus price target of $28.06.

Citizens Financial Group, Inc. is a retail bank holding company in the United States. The Company offers a range of retail and commercial banking products and services to individuals, institutions and companies. The Company operates approximately 1,200 branches in an 11-state footprint across the New England, Mid-Atlantic and Midwest regions. The Company serves the financial needs of customers and prospects through its online, telephone and mobile banking platforms. It also maintains over 100 retail and commercial non-branch offices located both in the Company’s banking footprint and in eleven other states and the District of Columbia. The Company operates in two segments: Consumer Banking and Commercial Banking. The Company’s subsidiaries are Citizens Bank, N.A. (NYSE:CFG) and Citizens Bank of Pennsylvania (CBPA).

12 Month Chart for NYSE:CFG

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