Allworth Financial LP Purchases 543,538 Shares of Citizens Financial Group, Inc. $CFG
Allworth Financial LP significantly increased its stake in Citizens Financial Group (NYSE:CFG) by 4,283.2% in the third quarter, acquiring 543,538 additional shares to hold a total of 556,228 shares valued at approximately $35.5 million. Citizens Financial Group currently holds a "Moderate Buy" rating from analysts with an average price target of $76.79. The bank also recently increased its quarterly dividend from $0.46 to $0.52 per share, offering an annualized yield of 3.2%.
Put this headline into context
Use TradingAgents AI to connect the story to the company's filings, fundamentals, market structure, competing bull and bear arguments, and risk review.
Headlines and excerpts belong to the original publisher. Ticker associations are informational and may be incomplete. Market news is not personalized financial advice.