9,109 Shares in Citizens Financial Group, Inc. $CFG Bought by Mystic Asset Management Inc.

Posted by on Aug 21st, 2026

Mystic Asset Management Inc. purchased a new stake in Citizens Financial Group, Inc. (NYSE:CFG – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 9,109 shares of the bank’s stock, valued at approximately $638,000.

Several other large investors have also bought and sold shares of CFG. Portfolio Design Labs LLC purchased a new stake in shares of Citizens Financial Group in the second quarter valued at about $615,000. Advisors Capital Management LLC bought a new position in shares of Citizens Financial Group during the second quarter valued at about $718,000. MJP Associates Inc. ADV purchased a new position in Citizens Financial Group during the second quarter worth about $216,000. Vise Technologies Inc. purchased a new position in Citizens Financial Group during the second quarter worth about $2,996,000. Finally, Asahi Life Asset Management CO. LTD. bought a new stake in Citizens Financial Group in the 2nd quarter worth about $419,000. 94.90% of the stock is currently owned by institutional investors.

Citizens Financial Group Stock Performance

Shares of CFG stock opened at $69.77 on Friday. The firm’s 50 day moving average is $71.10 and its 200 day moving average is $65.53. The stock has a market capitalization of $29.39 billion, a P/E ratio of 15.13, a PEG ratio of 0.54 and a beta of 0.67. Citizens Financial Group, Inc. has a 12 month low of $47.96 and a 12 month high of $75.33. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 0.63.

Citizens Financial Group (NYSE:CFG – Get Free Report) last released its quarterly earnings data on Thursday, July 16th. The bank reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $1.25 by $0.05. Citizens Financial Group had a net margin of 17.18% and a return on equity of 8.85%. The business had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.25 billion. During the same period in the previous year, the business earned $0.92 EPS. Citizens Financial Group’s revenue was up 12.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Citizens Financial Group, Inc. will post 5.3 earnings per share for the current year.

Citizens Financial Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Thursday, July 30th were issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Thursday, July 30th. Citizens Financial Group’s dividend payout ratio (DPR) is presently 39.91%.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Citigroup increased their price objective on shares of Citizens Financial Group from $78.00 to $84.00 and gave the company a “buy” rating in a research note on Monday, July 20th. Barclays upped their target price on Citizens Financial Group from $77.00 to $81.00 and gave the company an “overweight” rating in a report on Friday, July 17th. JPMorgan Chase & Co. increased their price target on Citizens Financial Group from $76.00 to $78.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Evercore reiterated an “outperform” rating and set a $80.00 price target on shares of Citizens Financial Group in a report on Monday, July 6th. Finally, Keefe, Bruyette & Woods boosted their price objective on Citizens Financial Group from $75.00 to $90.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Sixteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Citizens Financial Group presently has an average rating of “Moderate Buy” and a consensus price target of $79.25.

Read Our Latest Stock Report on CFG

Insider Buying and Selling at Citizens Financial Group

In other news, CEO Saun Bruce Van sold 129,369 shares of Citizens Financial Group stock in a transaction on Friday, July 24th. The stock was sold at an average price of $72.07, for a total value of $9,323,623.83. Following the completion of the transaction, the chief executive officer directly owned 1,140,763 shares in the company, valued at approximately $82,214,789.41. The trade was a 10.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.67% of the company’s stock.

About Citizens Financial Group

(Free Report)

Citizens Financial Group, Inc (NYSE: CFG) is a bank holding company that provides a broad range of banking and financial services to individuals, small and middle-market businesses, corporations and institutional clients. Headquartered in Providence, Rhode Island, Citizens conducts its banking operations principally through its primary banking subsidiary, Citizens Bank, and serves customers through a combination of branch locations, ATMs and digital channels. The company is publicly traded and operates under the regulatory framework applicable to U.S.

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Institutional Ownership by Quarter for Citizens Financial Group (NYSE:CFG)

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