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Cwm LLC Purchases 87,158 Shares of Citizens Financial Group, Inc. $CFG
Cwm LLC significantly increased its stake in Citizens Financial Group (NYSE:CFG) by 86.9% in the fourth quarter, purchasing 87,158 additional shares to bring its total holdings to 187,477 shares valued at approximately $10.95 million. Citizens Financial Group recently reported strong Q1 earnings, beating analyst estimates with an EPS of $1.13 and revenue of $2.17 billion, along with announcing a quarterly dividend of $0.46. The stock generally receives bullish ratings from analysts, with a “Moderate Buy” consensus and an average price target of $70.90, while institutional investors collectively own about 94.9% of the company’s shares.