OP Asset Management Ltd Invests $2.69 Million in Citizens Financial Group, Inc. $CFG

Posted by Francis Steltz on Jun 28th, 2026

OP Asset Management Ltd bought a new stake in shares of Citizens Financial Group, Inc. (NYSE:CFG – Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 44,853 shares of the bank’s stock, valued at approximately $2,690,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of CFG. NewEdge Advisors LLC increased its position in Citizens Financial Group by 2.4% during the first quarter. NewEdge Advisors LLC now owns 11,531 shares of the bank’s stock valued at $472,000 after acquiring an additional 274 shares during the last quarter. Empowered Funds LLC boosted its stake in shares of Citizens Financial Group by 6.7% during the 1st quarter. Empowered Funds LLC now owns 8,838 shares of the bank’s stock worth $362,000 after purchasing an additional 554 shares during the period. Woodline Partners LP boosted its stake in shares of Citizens Financial Group by 39.5% during the 1st quarter. Woodline Partners LP now owns 36,932 shares of the bank’s stock worth $1,513,000 after purchasing an additional 10,466 shares during the period. Sivia Capital Partners LLC grew its holdings in Citizens Financial Group by 93.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 9,814 shares of the bank’s stock valued at $439,000 after purchasing an additional 4,739 shares during the last quarter. Finally, Daiwa Securities Group Inc. grew its holdings in Citizens Financial Group by 5.2% during the 2nd quarter. Daiwa Securities Group Inc. now owns 65,564 shares of the bank’s stock valued at $2,934,000 after purchasing an additional 3,225 shares during the last quarter. Hedge funds and other institutional investors own 94.90% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Truist Financial upped their target price on Citizens Financial Group from $69.00 to $72.00 and gave the company a “hold” rating in a research note on Wednesday. Keefe, Bruyette & Woods raised their price target on Citizens Financial Group from $70.00 to $72.00 and gave the stock an “outperform” rating in a research note on Friday, April 17th. Evercore restated an “outperform” rating and set a $75.00 price objective on shares of Citizens Financial Group in a report on Tuesday, April 21st. Citigroup upped their price objective on Citizens Financial Group from $75.00 to $78.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Royal Bank Of Canada increased their target price on Citizens Financial Group from $67.00 to $70.00 and gave the stock an “outperform” rating in a research note on Friday, April 17th. Eighteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $71.36.

Get Our Latest Research Report on Citizens Financial Group

Citizens Financial Group Stock Down 0.5%

Shares of NYSE:CFG opened at $70.33 on Friday. The business’s 50 day moving average is $64.54 and its 200 day moving average is $62.29. The stock has a market cap of $29.74 billion, a P/E ratio of 16.63, a price-to-earnings-growth ratio of 0.56 and a beta of 0.68. Citizens Financial Group, Inc. has a 52-week low of $44.03 and a 52-week high of $71.21. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 0.51.

Citizens Financial Group (NYSE:CFG – Get Free Report) last released its quarterly earnings data 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 firm had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.16 billion. During the same period in the previous year, the company posted $0.77 earnings per share. The firm’s quarterly revenue was up 12.0% on a year-over-year basis. Sell-side analysts predict that Citizens Financial Group, Inc. will post 5.2 EPS for the current year.

Citizens Financial Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Thursday, April 30th were issued a $0.46 dividend. The ex-dividend date was Thursday, April 30th. This represents a $1.84 annualized dividend and a dividend yield of 2.6%. Citizens Financial Group’s payout ratio is currently 43.50%.

Insider Buying and Selling at Citizens Financial Group

In other news, insider Michelle Moosally sold 6,050 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $62.16, for a total transaction of $376,068.00. Following the transaction, the insider directly owned 22,565 shares in the company, valued at approximately $1,402,640.40. This trade represents a 21.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.67% of the company’s stock.

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.