Citizens Financial Group Inc Draws Bullish Options Activity Today

 Citizens Financial Group Inc Draws Bullish Options Activity Today

In today’s session Citizens Financial Group Inc (CFG) registered an unusually high (884) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious CFG increase. With 884 contracts traded and 57124 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: CFG170120C00025000 closed last at: $6.3 or 3.1% down. About 1.19 million shares traded hands. Citizens Financial Group Inc (NYSE:CFG) has risen 39.66% since April 18, 2016 and is uptrending. It has outperformed by 35.23% the S&P500.

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. On Monday, January 25 the stock rating was maintained by Oppenheimer with “Outperform”. The stock of Citizens Financial Group Inc (NYSE:CFG) has “Sell” rating given on Thursday, August 27 by Zacks. Wedbush initiated it with “Outperform” rating and $29 target price in Friday, October 7 report. Zacks upgraded the shares of CFG in a report on Friday, August 21 to “Sell” rating. The stock of Citizens Financial Group Inc (NYSE:CFG) has “Neutral” rating given on Wednesday, August 26 by Guggenheim. The stock of Citizens Financial Group Inc (NYSE:CFG) earned “Buy” rating by Citigroup on Monday, June 6. The rating was downgraded by Bernstein to “Mkt Perform” on Wednesday, November 16. Sandler O’Neill upgraded the shares of CFG in a report on Wednesday, September 2 to “Buy” rating. The firm earned “Buy” rating on Wednesday, October 12 by Citigroup. The rating was downgraded by Oppenheimer to “Perform” on Tuesday, November 15.

According to Zacks Investment Research, “Citizens Financial Group, Inc. is a retail bank holding company. It offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. The Bank offers consumer loans, commercial loans, mortgage loans, deposit products, internet banking, and trust services. It also operates online, telephone, and mobile banking platforms. Citizens Financial Group, Inc. is headquartered in Providence, Rhode Island.”

Insitutional Activity: The institutional sentiment decreased to 1.02 in 2016 Q2. Its down 0.64, from 1.66 in 2016Q1. The ratio turned negative, 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.
Metropolitan Life Insurance last reported 0.04% of its portfolio in the stock. Teachers Retirement Systems Of The State Of Kentucky has invested 0.14% of its portfolio in Citizens Financial Group Inc (NYSE:CFG). Nikko Asset Management Americas reported 34,500 shares or 0.06% of all its holdings. Rafferty Asset Management Limited Liability Corporation accumulated 57,835 shares or 0.08% of the stock. Ny State Teachers Retirement Systems has invested 0.04% of its portfolio in Citizens Financial Group Inc (NYSE:CFG). Kingstown Mngmt Lp holds 3.25 million shares or 7.36% of its portfolio. Thrivent Financial For Lutherans, a Minnesota-based fund reported 16,040 shares. Millennium Management Lc has 0.13% invested in the company for 2.78 million shares. Winfield holds 0% of its portfolio in Citizens Financial Group Inc (NYSE:CFG) for 184 shares. Credit Suisse Ag owns 1.95 million shares or 0.04% of their US portfolio. First Interstate Savings Bank has 1,130 shares for 0% of their US portfolio. Pictet Asset holds 526,590 shares or 0.05% of its portfolio. Walleye Trading Ltd Liability holds 167,783 shares or 0.02% of its portfolio. Jupiter Asset Ltd holds 0.08% or 111,000 shares in its portfolio. Toronto Dominion Savings Bank last reported 4,507 shares in the company.

Citizens Financial Group, Inc. is a retail bank holding firm in the United States. The company has a market cap of $16.83 billion. The Firm offers a range of retail and commercial banking services and products to individuals, institutions and companies. It has a 17.4 P/E ratio. The Firm operates in two divisions: Consumer Banking and Commercial Banking.

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).

More news for Citizens Financial Group Inc (NYSE:CFG) were recently published by: Forbes.com, which released: “Ex-Dividend Reminder: Apple Hospitality REIT, Citizens Financial Group and …” on October 27, 2016. Finance.Yahoo.com‘s article titled: “Zacks.com featured highlights: General Motors, Dean Foods, Citizens Financial …” and published on November 16, 2016 is yet another important article.

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