Citizens Financial Group, Inc. (CFG) Touches $45.52 High on Jan, 14; Grantham Mayo Van Otterloo & Co Upped Vale S A (VALE) Position

January 14, 2018 - By Dolores Ford

The stock of Citizens Financial Group, Inc. (NYSE:CFG) reached all time high today, Jan, 14 and still has $47.34 target or 4.00% above today’s $45.52 share price. This indicates more upside for the $22.40 billion company. This technical setup was reported by Barchart.com. If the $47.34 PT is reached, the company will be worth $895.80M more. The stock increased 0.49% or $0.22 during the last trading session, reaching $45.52. About 2.27 million shares traded. Citizens Financial Group, Inc. (NYSE:CFG) has risen 50.96% since January 14, 2017 and is uptrending. It has outperformed by 34.26% the S&P500.

Grantham Mayo Van Otterloo & Co Llc increased Vale S A (VALE) stake by 964.17% reported in 2017Q3 SEC filing. Grantham Mayo Van Otterloo & Co Llc acquired 1.08 million shares as Vale S A (VALE)’s stock declined 20.71%. The Grantham Mayo Van Otterloo & Co Llc holds 1.19 million shares with $12.02M value, up from 112,200 last quarter. Vale S A now has $71.63B valuation. The stock increased 0.59% or $0.08 during the last trading session, reaching $13.53. About 19.01 million shares traded. Vale S.A. (NYSE:VALE) has risen 111.11% since January 14, 2017 and is uptrending. It has outperformed by 94.41% the S&P500.

Among 26 analysts covering Citizens Financial Group (NYSE:CFG), 12 have Buy rating, 3 Sell and 11 Hold. Therefore 46% are positive. Citizens Financial Group had 75 analyst reports since July 22, 2015 according to SRatingsIntel. As per Monday, October 2, the company rating was downgraded by Bank of America. The stock has “Hold” rating by Deutsche Bank on Tuesday, November 8. The company was maintained on Monday, October 23 by Barclays Capital. As per Thursday, September 3, the company rating was downgraded by Zacks. The firm has “Neutral” rating given on Wednesday, November 16 by PiperJaffray. The rating was upgraded by Citigroup on Monday, October 12 to “Buy”. The rating was maintained by Robert W. Baird on Tuesday, January 2 with “Hold”. As per Wednesday, September 30, the company rating was upgraded by UBS. Oppenheimer maintained the stock with “Hold” rating in Wednesday, June 21 report. The rating was maintained by Jefferies on Thursday, June 8 with “Hold”.

Investors sentiment increased to 1.01 in Q3 2017. Its up 0.01, from 1 in 2017Q2. It is positive, as 50 investors sold Citizens Financial Group, Inc. shares while 178 reduced holdings. 55 funds opened positions while 175 raised stakes. 468.84 million shares or 1.38% less from 475.38 million shares in 2017Q2 were reported. Wellington Grp Limited Liability Partnership reported 969,869 shares or 0.01% of all its holdings. Advisory Research has 0.02% invested in Citizens Financial Group, Inc. (NYSE:CFG) for 38,001 shares. Gotham Asset Mngmt Ltd Liability invested 0.01% in Citizens Financial Group, Inc. (NYSE:CFG). Elizabeth Park Advsrs Limited holds 293,755 shares or 4.32% of its portfolio. Banque Pictet And Cie Sa has invested 0.15% of its portfolio in Citizens Financial Group, Inc. (NYSE:CFG). Dean Investment Assoc Lc holds 0.09% of its portfolio in Citizens Financial Group, Inc. (NYSE:CFG) for 16,222 shares. Blair William & Il has 0.01% invested in Citizens Financial Group, Inc. (NYSE:CFG) for 31,775 shares. Price T Rowe Associate Md holds 0.03% or 5.33M shares. Andra Ap owns 0.13% invested in Citizens Financial Group, Inc. (NYSE:CFG) for 142,200 shares. Lazard Asset Ltd Liability has 0.28% invested in Citizens Financial Group, Inc. (NYSE:CFG). Quinn Opportunity Llc has 0.1% invested in Citizens Financial Group, Inc. (NYSE:CFG) for 16,000 shares. The Tennessee-based State Of Tennessee Treasury Department has invested 0.11% in Citizens Financial Group, Inc. (NYSE:CFG). Mutual Of America Capital Management Limited Liability Corp, a New York-based fund reported 60,314 shares. Old Mutual (Uk) Ltd has 0.06% invested in Citizens Financial Group, Inc. (NYSE:CFG) for 163,941 shares. 49,958 were reported by Stephens Ar.

Citizens Financial Group, Inc. operates as the bank holding firm for Citizens Bank, N.A. and Citizens Bank of Pennsylvania that provide retail and commercial banking services and products in the United States. The company has market cap of $22.40 billion. It operates in two divisions, Consumer Banking and Commercial Banking. It has a 18.42 P/E ratio. The Consumer Banking segment offers traditional banking services and products, including checking, savings, mortgage and home equity lending, student loans, personal unsecured lines and loans, credit cards, business loans, and wealth management and investment services for retail clients and small businesses.

Analysts await Citizens Financial Group, Inc. (NYSE:CFG) to report earnings on January, 19 before the open. They expect $0.67 EPS, up 21.82% or $0.12 from last year’s $0.55 per share. CFG’s profit will be $329.63 million for 16.99 P/E if the $0.67 EPS becomes a reality. After $0.68 actual EPS reported by Citizens Financial Group, Inc. for the previous quarter, Wall Street now forecasts -1.47% negative EPS growth.

Grantham Mayo Van Otterloo & Co Llc decreased Lear Corp (NYSE:LEA) stake by 60,077 shares to 85,780 valued at $14.85M in 2017Q3. It also reduced General Dynamics Corp (NYSE:GD) stake by 37,600 shares and now owns 29,640 shares. Goldman Sachs Group Inc (NYSE:GS) was reduced too.

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