Copper Rock Capital Partners LLC increased its stake in shares of Regions Financial Corporation (NYSE:RF) by 48.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 529,783 shares of the bank’s stock after buying an additional 173,265 shares during the quarter. Copper Rock Capital Partners LLC’s holdings in Regions Financial were worth $9,208,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Seven Eight Capital LP acquired a new stake in Regions Financial during the 2nd quarter valued at $111,000. Sun Life Financial INC increased its holdings in Regions Financial by 98,133.3% during the 2nd quarter. Sun Life Financial INC now owns 8,841 shares of the bank’s stock valued at $129,000 after purchasing an additional 8,832 shares in the last quarter. Salem Investment Counselors Inc. increased its holdings in Regions Financial by 0.3% during the 2nd quarter. Salem Investment Counselors Inc. now owns 9,124 shares of the bank’s stock valued at $134,000 after purchasing an additional 26 shares in the last quarter. Captrust Financial Advisors acquired a new stake in Regions Financial during the 2nd quarter valued at $139,000. Finally, Steward Partners Investment Advisory LLC acquired a new stake in Regions Financial during the 3rd quarter valued at $150,000. Institutional investors and hedge funds own 75.25% of the company’s stock.

Regions Financial Corporation (NYSE:RF) opened at $17.47 on Tuesday. Regions Financial Corporation has a 12-month low of $13.00 and a 12-month high of $17.73. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.85 and a quick ratio of 0.84. The stock has a market capitalization of $20,260.00, a price-to-earnings ratio of 18.39, a PEG ratio of 1.23 and a beta of 1.30.

Regions Financial (NYSE:RF) last posted its quarterly earnings results on Tuesday, October 24th. The bank reported $0.25 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.25. Regions Financial had a return on equity of 7.56% and a net margin of 20.14%. The business had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.45 billion. During the same period last year, the company earned $0.24 EPS. The firm’s revenue was down 1.3% on a year-over-year basis. research analysts anticipate that Regions Financial Corporation will post 0.99 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Stockholders of record on Friday, December 8th were given a $0.09 dividend. The ex-dividend date was Thursday, December 7th. This represents a $0.36 annualized dividend and a dividend yield of 2.06%. Regions Financial’s dividend payout ratio is currently 37.89%.

A number of research firms recently weighed in on RF. Piper Jaffray Companies reaffirmed a “hold” rating and set a $17.00 price target on shares of Regions Financial in a report on Tuesday. Robert W. Baird reissued a “sell” rating and issued a $17.00 target price on shares of Regions Financial in a research note on Wednesday, January 3rd. Barclays lifted their target price on Regions Financial from $15.00 to $19.00 and gave the company an “underweight” rating in a research note on Tuesday, January 2nd. Wedbush raised Regions Financial from a “neutral” rating to an “outperform” rating and set a $20.00 target price for the company in a research note on Thursday, December 21st. Finally, UBS Group raised Regions Financial from a “sell” rating to a “neutral” rating and lifted their target price for the company from $15.00 to $18.00 in a research note on Tuesday, December 12th. Three research analysts have rated the stock with a sell rating, sixteen have given a hold rating, three have issued a buy rating and two have given a strong buy rating to the stock. Regions Financial currently has an average rating of “Hold” and an average target price of $16.65.

In other Regions Financial news, Director John E. D. D. S. Maupin, Jr. sold 15,000 shares of Regions Financial stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $17.04, for a total transaction of $255,600.00. Following the transaction, the director now directly owns 59,436 shares in the company, valued at $1,012,789.44. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP John B. Owen sold 40,000 shares of Regions Financial stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $15.67, for a total value of $626,800.00. The disclosure for this sale can be found here. Insiders sold a total of 80,000 shares of company stock worth $1,278,400 over the last 90 days. 0.52% of the stock is owned by corporate insiders.

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Regions Financial Company Profile

Regions Financial Corporation is a financial holding company. The Company conducts its banking operations through Regions Bank, an Alabama state-chartered commercial bank, which is a member of the Federal Reserve System. It operates in three segments: Corporate Bank, which represents its commercial banking functions, including commercial and industrial, commercial real estate and investor real estate lending; Consumer Bank, which represents its branch network, including consumer banking products and services related to residential first mortgages, home equity lines and loans, small business loans, indirect loans, consumer credit cards and other consumer loans, as well as the corresponding deposit relationships, and Wealth Management, which offers individuals, businesses, governmental institutions and non-profit entities a range of solutions to enable transfer of wealth.

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Institutional Ownership by Quarter for Regions Financial (NYSE:RF)

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