Citizens Financial Group Inc. (CFG) has been a key subject of focus among investors and analysts, as evidenced by their extensive stake movements and various presentations. Notably, CFG's CEO presented at the Goldman Sachs Financial Services Conference. With positions reduced by Rockefeller Capital, Point72 DIFC, and Hotchkis & Wiley Capital, and increased by the likes of Quantinno Capital, Paloma Partners, and Zurcher Kantonalbank Zurich Cantonalbank, the company is undeniably pivotal. Jim Cramer, a noted financial commentator, expressed belief in CFG. Other significant transactions include BRITISH COLUMBIA INVESTMENT MANAGEMENT selling shares, Caisse DE Depot ET Placement DU Quebec acquiring a hefty investment and Fmr LLC holding $164.33 million of CFG's stocks. Despite some indication of a potential earnings decline, CFG's asset base remains strong at $219.7B and it announced a dividend of $0.42. CFG's Q3 net income was $382 million, meeting Wall Street projections. A SWOT analysis suggests a mixed outlook, yet they've managed to strengthen their consumer banking. In the eyes of Goldman Sachs, CFG is a stock with high consensus return on equity, notwithstanding missed estimates for Q3 2024 earnings.
Citizens Financial Group CFG News Analytics from Mon, 15 Apr 2024 07:00:00 GMT to Sat, 07 Dec 2024 14:02:46 GMT -
Rating 8
- Innovation 4
- Information 9
- Rumor -6
