Taikang Asset Management Hong Kong Co Ltd Boosts Stake in Citizens Financial Group, Inc. $CFG

Posted by Francis Steltz on Jun 17th, 2026

Taikang Asset Management Hong Kong Co Ltd raised its position in Citizens Financial Group, Inc. (NYSE:CFG – Free Report) by 108.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 104,741 shares of the bank’s stock after buying an additional 54,482 shares during the quarter. Taikang Asset Management Hong Kong Co Ltd’s holdings in Citizens Financial Group were worth $6,118,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of Citizens Financial Group during the 4th quarter worth about $26,000. Activest Wealth Management increased its position in Citizens Financial Group by 5,600.0% during the 4th quarter. Activest Wealth Management now owns 513 shares of the bank’s stock worth $30,000 after purchasing an additional 504 shares in the last quarter. Fortitude Family Office LLC raised its holdings in Citizens Financial Group by 632.0% in the fourth quarter. Fortitude Family Office LLC now owns 710 shares of the bank’s stock valued at $41,000 after buying an additional 613 shares during the period. Elyxium Wealth LLC purchased a new position in Citizens Financial Group in the fourth quarter valued at approximately $50,000. Finally, State of Wyoming acquired a new position in Citizens Financial Group during the second quarter valued at approximately $39,000. 94.90% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Citizens Financial Group news, insider Michelle Moosally sold 6,050 shares of Citizens Financial Group stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $62.16, for a total transaction of $376,068.00. Following the sale, the insider directly owned 22,565 shares in the company, valued at $1,402,640.40. The trade was a 21.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.67% of the stock is currently owned by company insiders.

Citizens Financial Group Stock Performance

Citizens Financial Group stock opened at $67.26 on Wednesday. Citizens Financial Group, Inc. has a 12-month low of $40.25 and a 12-month high of $68.79. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.85 and a quick ratio of 0.84. The company has a market capitalization of $28.44 billion, a price-to-earnings ratio of 15.90, a price-to-earnings-growth ratio of 0.53 and a beta of 0.68. The firm’s fifty day moving average price is $63.78 and its 200 day moving average price is $61.57.

Citizens Financial Group (NYSE:CFG – Get Free Report) last announced its earnings results on Thursday, April 16th. The bank reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.03. Citizens Financial Group had a return on equity of 8.31% and a net margin of 16.21%.The company had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.16 billion. During the same period last year, the firm earned $0.77 earnings per share. The company’s revenue was up 12.0% on a year-over-year basis. On average, research analysts forecast that Citizens Financial Group, Inc. will post 5.2 EPS for the current fiscal year.

Citizens Financial Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Thursday, April 30th were paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Thursday, April 30th. Citizens Financial Group’s dividend payout ratio (DPR) is 43.50%.

Analysts Set New Price Targets

CFG has been the subject of several recent research reports. Truist Financial increased their price objective on shares of Citizens Financial Group from $63.00 to $69.00 and gave the stock a “hold” rating in a research report on Friday, April 17th. Citigroup restated a “buy” rating on shares of Citizens Financial Group in a report on Friday, May 8th. Keefe, Bruyette & Woods upped their price target on shares of Citizens Financial Group from $70.00 to $72.00 and gave the stock an “outperform” rating in a research report on Friday, April 17th. Stephens began coverage on Citizens Financial Group in a report on Monday. They issued an “equal weight” rating for the company. Finally, Robert W. Baird raised Citizens Financial Group from a “neutral” rating to an “outperform” rating and set a $65.00 price objective on the stock in a research report on Monday, March 9th. Eighteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $70.88.

View Our Latest Research Report on Citizens Financial Group

Citizens Financial Group Company Profile

(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.