Friday, 24 November, 2017

The Insider Activity Speaks Itself: Citizens Financial Group, Inc. (NYSE:CFG)

Sherri Watson | 17 February, 2017, 01:21

The average revenue estimate for the year ending December 2017 is $3.49B by 9 analysts. (NYSE:CFG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).

Aetna Inc. (NYSE:AET), stock is trading $136.22 above the 52-week high and has displayed a high EPS growth of 4.20% in last 5 years.

Several other hedge funds have also recently made changes to their positions in PFG. The legal version of this article can be accessed at https://www.com-unik.info/2017/02/14/investec-asset-management-ltd-purchases-shares-of-339775-citizens-financial-group-inc-cfg.html.

It is widely believed that the more practical proxy for the market's expectations is analyst's consensus price estimates. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 4.25% where SMA50 and SMA200 are 8.1% and 16.98% respectively. Strs Ohio boosted its stake in shares of Principal Financial Group by 25.5% in the second quarter. Finally, Deutsche Bank AG cut Citizens Financial Group from a "buy" rating to a "hold" rating and set a $27.00 target price on the stock.in a research report on Tuesday, November 8th.

The Principal Financial Group is a leading provider of retirement savings, investment and insurance products and services.

Principal Financial Group, Inc is an investment management company. (NYSE:CFG) opened at 38.37 on Thursday. The firm's 50 day moving average price is $58.77 and its 200 day moving average price is $54.09. The firm's stock has a market capitalization of $17.78 bln. Citizens Financial Group, Inc. has a 52 week low of $18.34 and a 52 week high of $38.43. (NYSE:PFG) soared 7.31% year-to-date. Principal Financial Group had a return on equity of 12.34% and a net margin of 10.63%. The High Revenue estimate is predicted as 1.35 Billion, while the Low Revenue Estimate prediction stands at 1.3 Billion. During the same period in the previous year, the company posted $0.42 EPS. The business's quarterly revenue was up 10.6% on a year-over-year basis.

Principal Financial Group Inc (NYSE:PFG) traded down 0.05% during midday trading on Tuesday, reaching $62.06.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 16th. Shareholders of record on Monday, March 6th will be issued a dividend of $0.45 per share. The Weekly and Monthly Volatility stands at 1.97% and 2.34%. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Citizens Financial Group, Inc. with MarketBeat.com's FREE daily email newsletter. Citizens Financial Group's dividend payout ratio (DPR) is 28.28%.

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CFG has been the topic of a number of recent research reports.

02/10/2016 - Citizens Financial Group, Inc. had its " rating reiterated by analysts at Guggenheim.

01/26/2016 - Citizens Financial Group, Inc. had its " rating reiterated by analysts at Compass Point. (NYSE:CFG). However, the stock price could fluctuate by $ 3.05 from the estimate as it is suggested by the standard deviation reading. Zacks Investment Research downgraded shares of Citizens Financial Group from a "buy" rating to a "hold" rating in a research note on Thursday, December 29th. Royal Bank Of Canada upped their price objective on shares of Principal Financial Group from $52.00 to $61.00 and gave the company an "outperform" rating in a research report on Thursday, November 17th.

The Stock now has Analyst' mean Recommendation of 2.6 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell. The 23 stock analysts following this company have an average price target at $37.79, with individual PT in the $32.00-$42.00 range.