Short Interest Filing: Citizens Financial Group Incorporated (NYSE:CFG) Just Reported Increased Shorts

November 29, 2016 - By Vivian Park   ·   0 Comments

Short Interest Filing: Citizens Financial Group Incorporated (NYSE:CFG) Just Reported Increased Shorts

The stock of Citizens Financial Group Incorporated (NYSE:CFG) registered an increase of 40.67% in short interest. CFG’s total short interest was 9.18 million shares in November as published by FINRA. Its up 40.67% from 6.53M shares, reported previously. With 5.02M shares average volume, it will take short sellers 2 days to cover their CFG’s short positions. The short interest to Citizens Financial Group Incorporated’s float is 1.78%. Citizens Financial Group Inc (NYSE:CFG) has risen 34.95% since April 26, 2016 and is uptrending. It has outperformed by 29.69% the S&P500.

Citizens Financial Group, Inc. is a retail bank holding firm in the United States. The company has a market cap of $16.02 billion. The Firm offers a range of retail and commercial banking services and products to individuals, institutions and companies. It has a 17.38 P/E ratio. The Firm operates in two divisions: Consumer Banking and Commercial Banking.

Insitutional Activity: The institutional sentiment decreased to 1.02 in 2016 Q2. Its down 0.64, from 1.66 in 2016Q1. The ratio fall, as 39 funds sold all Citizens Financial Group Inc shares owned while 109 reduced positions. 58 funds bought stakes while 187 increased positions. They now own 480.62 million shares or 3.26% less from 496.81 million shares in 2016Q1.
Strs Ohio last reported 29,566 shares in the company. West Family Invs Inc has 0.09% invested in the company for 24,000 shares. Glg Ltd Liability Co has invested 0.16% of its portfolio in Citizens Financial Group Inc (NYSE:CFG). Copper Rock Capital Ptnrs Ltd Llc last reported 10,499 shares in the company. The Michigan-based World Asset Mngmt has invested 0.04% in Citizens Financial Group Inc (NYSE:CFG). Evercore Wealth Mgmt Llc last reported 0% of its portfolio in the stock. The United Kingdom-based Algebris Investments (Uk) Llp has invested 0.28% in Citizens Financial Group Inc (NYSE:CFG). Calvert Investment Mgmt holds 0.04% of its portfolio in Citizens Financial Group Inc (NYSE:CFG) for 40,865 shares. Moreover, Cantab Capital Llp has 0% invested in Citizens Financial Group Inc (NYSE:CFG) for 139 shares. Moreover, Fjarde Ap has 0.06% invested in Citizens Financial Group Inc (NYSE:CFG) for 127,485 shares. Todd Asset Management Lc owns 758,479 shares or 0.48% of their US portfolio. Ibm Retirement Fund owns 62,799 shares or 0.05% of their US portfolio. Ubs Asset Management Americas has invested 0.08% of its portfolio in Citizens Financial Group Inc (NYSE:CFG). Ls Investment Advsr Limited Co holds 22,406 shares or 0.03% of its portfolio. Ameriprise Incorporated reported 575,901 shares or 0.01% of all its holdings.

Citizens Financial Group Inc (NYSE:CFG) Ratings Coverage

Out of 20 analysts covering Citizens Financial Group (NYSE:CFG), 6 rate it a “Buy”, 1 “Sell”, while 13 “Hold”. This means 30% are positive. Citizens Financial Group has been the topic of 35 analyst reports since July 22, 2015 according to StockzIntelligence Inc. As per Monday, January 11, the company rating was upgraded by Goldman Sachs. The firm has “Outperform” rating given on Friday, October 7 by Wedbush. The company was downgraded on Tuesday, November 8 by Citigroup. The firm has “Outperform” rating given on Tuesday, January 5 by Oppenheimer. On Monday, January 25 the stock rating was maintained by Oppenheimer with “Outperform”. The stock has “Buy” rating given by UBS on Monday, October 24. As per Wednesday, October 14, the company rating was maintained by Credit Suisse. Citigroup maintained it with “Buy” rating and $26 target price in Monday, June 6 report. Zacks upgraded Citizens Financial Group Inc (NYSE:CFG) on Friday, August 21 to “Sell” rating. The stock has “Perform” rating given by Oppenheimer on Tuesday, November 15.

CFG Company Profile

Citizens Financial Group, Inc., incorporated on November 21, 1984, is a retail bank holding firm in the United States. The Firm offers a range of retail and commercial banking services and products to individuals, institutions and companies. The Firm operates approximately 1,200 branches in over 10 states footprint across the New England, Mid-Atlantic and Midwest regions, and through its online, telephone and mobile banking platforms. The Firm operates in two divisions: Consumer Banking and Commercial Banking. The Company’s subsidiaries are Citizens Bank, N.A. (CBNA) and Citizens Bank of Pennsylvania (CBPA).

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By Vivian Park


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