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MUFG Asset Management Buys New Citizens Financial Stake Worth About $72.9M

Mitsubishi UFJ Financial logoMitsubishi UFJ Financial
Sig2.04Sen+1.70Env0.00Soc0.00Gov0.00
Citizens Financial Group logoCitizens Financial Group
Sig1.35Sen+1.25Env0.00Soc0.00Gov0.00

Mitsubishi UFJ Asset Management bought 1,040,637 Citizens Financial Group shares for about $72.9M in the second quarter. The disclosure also notes HBK Sorce Advisory LLC added a smaller position. Royal Bank of Canada raised its target and kept an outperform rating, while Truist lifted its target. Analysts largely rate the stock as Buy.

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