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Munich Reinsurance Co Stock Corp in Munich Acquires 24,236 Shares of Citizens Financial Group, Inc. $CFG
Munich Reinsurance Co Stock Corp in Munich increased its stake in Citizens Financial Group (NYSE:CFG) by 60.9% in the fourth quarter, acquiring an additional 24,236 shares to hold a total of 64,009 shares valued at $3.77 million. This comes as Citizens Financial Group recently announced a quarterly dividend of $0.46 per share and reported Q1 earnings of $1.13 per share, exceeding analyst estimates with a 12% year-over-year revenue increase. Institutional investors now own 94.9% of the stock, while insiders hold 0.67%, following a recent insider sale of 13,258 shares by Susan Lamonica.