--- title: "Meeder Advisory Services Inc. Makes New $1.65 Million Investment in Citizens Financial Group, Inc. $CFG" type: "News" locale: "en" url: "https://longbridge.com/en/news/296466743.md" description: "Meeder Advisory Services Inc. acquired a new $1.65 million position in Citizens Financial Group (CFG) during Q2, purchasing 23,478 shares. This follows similar moves by other institutions like BlackRock and Deutsche Bank. Meanwhile, CEO Saun Bruce Van sold approximately $9.3 million worth of shares. Analysts have recently raised price targets for CFG, with Citigroup, Barclays, RBC, and UBS upgrading their outlooks to 'Buy' or 'Overweight', contributing to a consensus 'Moderate Buy' rating." datetime: "2026-08-20T09:37:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296466743.md) - [en](https://longbridge.com/en/news/296466743.md) - [zh-HK](https://longbridge.com/zh-HK/news/296466743.md) generator: "portal-rs" --- # Meeder Advisory Services Inc. Makes New $1.65 Million Investment in Citizens Financial Group, Inc. $CFG Meeder Advisory Services Inc. acquired a new position in Citizens Financial Group, Inc. (NYSE:CFG - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 23,478 shares of the bank's stock, valued at approximately $1,645,000. - Top 3 Bank Stocks to Watch as Fed Rate Cuts Loom A number of other hedge funds also recently bought and sold shares of the company. Citizens Financial Group Inc. RI bought a new stake in Citizens Financial Group during the second quarter valued at approximately $22,071,000. Buckland Partners Management Co LLC bought a new position in Citizens Financial Group in the second quarter worth approximately $5,045,000. BlackRock Inc. purchased a new position in shares of Citizens Financial Group during the 2nd quarter worth $3,415,046,000. Pallas Capital Advisors LLC bought a new stake in shares of Citizens Financial Group during the 2nd quarter valued at $1,391,000. Finally, Deutsche Bank AG purchased a new stake in shares of Citizens Financial Group in the 2nd quarter worth $174,108,000. Hedge funds and other institutional investors own 94.90% of the company's stock. ## Citizens Financial Group Stock Down 3.7% NYSE CFG opened at $70.75 on Thursday. Citizens Financial Group, Inc. has a 12 month low of $47.96 and a 12 month high of $75.33. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 0.63. The stock has a market cap of $29.80 billion, a PE ratio of 15.35, a P/E/G ratio of 0.56 and a beta of 0.67. The stock's 50 day moving average is $71.04 and its 200 day moving average is $65.48. - Regional Bank Buybacks: 5 Institutions Making Big Moves Citizens Financial Group (NYSE:CFG - Get Free Report) last announced its quarterly earnings data on Thursday, July 16th. The bank reported $1.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.25 by $0.05. The business had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.25 billion. Citizens Financial Group had a net margin of 17.18% and a return on equity of 8.85%. The company's revenue was up 12.1% on a year-over-year basis. During the same period last year, the firm posted $0.92 EPS. Research analysts predict that Citizens Financial Group, Inc. will post 5.3 EPS for the current fiscal year. ## Citizens Financial Group Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Thursday, July 30th were issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Thursday, July 30th. Citizens Financial Group's payout ratio is currently 39.91%. ## Analysts Set New Price Targets - New York Community Bank stock plummets amid real estate risks Several research analysts have recently commented on the company. Citigroup raised their price objective on Citizens Financial Group from $78.00 to $84.00 and gave the stock a "buy" rating in a research note on Monday, July 20th. Barclays boosted their price objective on Citizens Financial Group from $77.00 to $81.00 and gave the company an "overweight" rating in a research note on Friday, July 17th. Royal Bank Of Canada raised their target price on shares of Citizens Financial Group from $70.00 to $79.00 and gave the stock an "outperform" rating in a research note on Friday, July 17th. Robert W. Baird lifted their price target on shares of Citizens Financial Group from $72.00 to $75.00 and gave the company a "neutral" rating in a report on Friday, July 17th. Finally, UBS Group upped their price target on shares of Citizens Financial Group from $75.00 to $82.00 and gave the stock a "buy" rating in a research report on Tuesday, July 7th. Sixteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Citizens Financial Group currently has a consensus rating of "Moderate Buy" and an average price target of $79.25. **Get Our Latest Analysis on Citizens Financial Group** ## Insider Buying and Selling In other Citizens Financial Group news, CEO Saun Bruce Van sold 129,369 shares of the business's stock in a transaction on Friday, July 24th. The shares were sold at an average price of $72.07, for a total value of $9,323,623.83. Following the sale, the chief executive officer owned 1,140,763 shares in the company, valued at $82,214,789.41. The trade was a 10.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.67% of the stock is currently owned by insiders. ## Citizens Financial Group Company Profile (Free Report) Citizens Financial Group, Inc NYSE: CFG is a bank holding company that provides a broad range of banking and financial services to individuals, small and middle-market businesses, corporations and institutional clients. Headquartered in Providence, Rhode Island, Citizens conducts its banking operations principally through its primary banking subsidiary, Citizens Bank, and serves customers through a combination of branch locations, ATMs and digital channels. The company is publicly traded and operates under the regulatory framework applicable to U.S. ## Read More - Five stocks we like better than Citizens Financial Group - Bloom Energy’s AI Surge Meets a Valuation Reality Check - Target Is Winning Shoppers Back—Can the Rally Reach $180? - IonQ’s Space Contract Points to a New Frontier for Quantum Investors - Is Apple’s AI Strategy Smarter Than Skeptics Think? **Want to see what other hedge funds are holding CFG?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Citizens Financial Group, Inc. (NYSE:CFG - Free Report). *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in Citizens Financial Group Right Now? Before you consider Citizens Financial Group, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Citizens Financial Group wasn't on the list. While Citizens Financial Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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