Institutional investors purchased a net $1.8 million shares of CIT during the quarter ended March 2016 and now own 97.56% of the total shares outstanding. This majority interest is a greater percentage than is typical for companies in the Finance/Rental/Leasing industry and highlights that the smart money sees this stock as an important holding.
Mutual fund holders
Largest Quarterly Institutional Transactions
Latest Institutional Activity
FIRST PACIFIC ADVISORS LLC Bought 7.0 Million shares of CIT Group Inc
MORGAN STANLEY & CO. LLC Bought 6.6 Million shares of CIT Group Inc
KINGSTOWN CAPITAL MANAGEMENT LP Bought 2.0 Million shares of CIT Group Inc