NEOS Investment Management LLC significantly increased its stake in Citizens Financial Group (NYSE:CFG) by 46.8%, acquiring an additional 19,502 shares to bring its total holdings to 61,147 shares valued at $3.25 million. This move highlights institutional confidence in CFG, which reported strong third-quarter earnings of $1.13 EPS, exceeding estimates, and revenue growth of 8.6% year-over-year. The bank also recently distributed a quarterly dividend of $0.46 and holds a “Moderate Buy” consensus rating from Wall Street analysts.
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NEOS Investment Management LLC Purchases 19,502 Shares of Citizens Financial Group, Inc. $CFG
NEOS Investment Management LLC significantly increased its stake in Citizens Financial Group (NYSE:CFG) by 46.8%, acquiring an additional 19,502 shares to bring its total holdings to 61,147 shares valued at $3.25 million. This move highlights institutional confidence in CFG, which reported strong third-quarter earnings of $1.13 EPS, exceeding estimates, and revenue growth of 8.6% year-over-year. The bank also recently distributed a quarterly dividend of $0.46 and holds a “Moderate Buy” consensus rating from Wall Street analysts.