Economy

What Recent Ownership Trends Suggest About Regions Financial Corporation (RF)'s Future Performance

Regions Financial Corporation (RF) average trading volume of 10,458,515 during the past month is 32.18% below its average volume over the past year, indicating that investors have been less active than usual in the stock in recent times.

On 1/15/2014 Regions Financial Corporation announced a quarterly dividend of $0.03. The hedge fund run by Matthew Lindenbaum held 3.28 million shares of the major banks company at the end of 2017Q2, valued at $48.04 million, down from 3.54M at the end of the previous reported quarter. Wellington Management Group LLP now owns 896,549 shares of the bank's stock valued at $13,028,000 after buying an additional 779,760 shares during the last quarter. Eagle Advisors Ltd Liability holds 11,483 shares.

Among institutions that increased their positions, 62 were new positions. Ngam Advisors L.P. now owns 39,135 shares of the bank's stock valued at $569,000 after acquiring an additional 6,451 shares during the last quarter.

Basswood Capital Management Llc decreased Regions Finl Corp New (RF) stake by 7.21% reported in 2017Q2 SEC filing.

According to ON Semiconductor Corporation's Insider ownership is at 1.70%.

The company now has an insider ownership of 0.2 Percent and Institutional ownership of 78.4 Percent. RF's latest closing price was 3.18% away from the average price of 200 days while it maintained a distance of 3.43% from the 50 Day Moving Average and -0.11% away compared to its SMA 20. The company had a trading volume of 26,926,889 shares. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO David J. Turner, Jr. sold 65,000 shares of the firm's stock in a transaction dated Monday, August 7th. A lower P/B ratio could mean that the stock is undervalued. Following the completion of the sale, the executive vice president now owns 109,318 shares of the company's stock, valued at approximately $1,594,949.62. The disclosure for this sale can be found here.

Regions Financial Corporation (RF) saw 504 million in free cash flow last quarter, representing a quarterly net change in cash of -243 million. If you are reading this story on another publication, it was stolen and republished in violation of United States & worldwide trademark & copyright laws. If a company looks good after the research is complete, patience may still be desirable. Samlyn Capital LLC now owns 11,611,786 shares of the company's stock valued at $91,152,000 after buying an additional 4,616,877 shares in the last quarter. Deutsche Bank AG reaffirmed a "hold" rating on shares of Regions Financial Corporation in a research note on Monday, July 3rd. BidaskClub cut Regions Financial Corporation from a "hold" rating to a "sell" rating in a report on Tuesday, July 25th. Bank of America Corporation reaffirmed a "buy" rating and issued a $17.00 target price on shares of Regions Financial Corporation in a report on Wednesday, July 26th. Etrade Cap Management Limited Liability Company owns 0.01% invested in Regions Financial Corp (NYSE:RF) for 15,455 shares. Many individual investors would agree that information is highly important when picking stocks. Shares have moved $4.12 over the past month and more recently, $-0.96 over the past week heading into the earnings announcement.

Regions Financial Corporation (NYSE:RF) closed its last session at $14.78.

Regions Financial Corporation (NYSE:RF) last released its quarterly earnings results on Friday, July 21st. The bank reported $0.25 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.24 by $0.01.

A commonly used tool among technical stock analysts is the moving average. The business's revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.20 EPS.

The company has mean EPS estimate of 0.26 reported by 22 number of analyst for the quarter ending Current Qtr.(Sep2017). Investors of record on Friday, December 8th will be paid a dividend of 0.09 per share by the bank on Tuesday, January 2nd. Paradigm Asset Lc holds 0% or 314,960 shares in its portfolio.

Regions Financial Corporation (NYSE:RF) gross margin percentage stands at 0% while its operating margin for the past trailing twelve month is 86.2 percent and its overall profit margin (ttm) is 30.3 Percent. This repurchase authorization authorizes the bank to repurchase up to 8.7% of its stock through open market purchases. Toronto Dominion Bank & Trust stated it has 0.02% in Regions Financial Corp (NYSE:RF).



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