Amalgamated Bank has sold a substantial number of
Citizens Financial Group shares, while seemingly undeterred,
International Assets Investment Management and
Savant Capital LLC have bought considerable shares. Meanwhile,
Charles Schwab Investment Management has reduced their stake in Citizens. The company itself has declared dividends on preferred stock, indicating stable financial status. Citizens Financial Group's stocks have been experiencing volatile performance, underperforming during some days while outperforming competitors on other days. While the company's first quarter 2024 earnings missed expectations, exhibiting mixed results amidst market challenges, analysts believe that it could beat earnings estimates again. A notable development includes
Citizens Financial planning to buy online planning firm
College Raptor. The bank's stock has been upgraded by several entities such as
StockNews.com and
Piper Sandler, however, its price target was cut by
JPMorgan Chase & Co. The group is expected to participate in several key conferences, including the
Bernstein 40th Annual Strategic Decisions Conference 2024 and the
Barclays Americas Select Franchise Conference. Despite a few stumbling blocks, Citizens continues to strategize for improved future performance.
Citizens Financial Group CFG News Analytics from Tue, 12 Sep 2023 07:00:00 GMT to Fri, 10 May 2024 13:31:33 GMT -
Rating 0
- Innovation -2
- Information 6
- Rumor 2
