Regions Financial Corp (NYSE:RF) Institutional Investor Sentiment Analysis

October 11, 2018 - By Nellie Frank

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Sentiment for Regions Financial Corp (NYSE:RF)

Regions Financial Corp (NYSE:RF) institutional sentiment increased to 1.16 in 2018 Q2. Its up 0.28, from 0.88 in 2018Q1. The ratio increased, as 257 hedge funds increased or opened new equity positions, while 222 cut down and sold their equity positions in Regions Financial Corp. The hedge funds in our partner’s database now possess: 802.09 million shares, down from 818.43 million shares in 2018Q1. Also, the number of hedge funds holding Regions Financial Corp in their top 10 equity positions increased from 7 to 8 for an increase of 1. Sold All: 41 Reduced: 181 Increased: 190 New Position: 67.

Regions Financial Corporation, together with its subsidiaries, provides banking and bank-related services to individual and corporate clients in the United States. The company has market cap of $20.11 billion. The Company’s Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending, as well as equipment lease financing services and corresponding deposits. It has a 15.28 P/E ratio. This segment serves corporate, middle market, and commercial real estate developers and investors.

The stock decreased 0.16% or $0.03 during the last trading session, reaching $18.24. About 2.81M shares traded. Regions Financial Corporation (NYSE:RF) has risen 39.78% since October 11, 2017 and is uptrending. It has outperformed by 24.16% the S&P500.

Analysts await Regions Financial Corporation (NYSE:RF) to report earnings on October, 23. They expect $0.36 EPS, up 44.00 % or $0.11 from last year’s $0.25 per share. RF’s profit will be $396.89 million for 12.67 P/E if the $0.36 EPS becomes a reality. After $0.34 actual EPS reported by Regions Financial Corporation for the previous quarter, Wall Street now forecasts 5.88 % EPS growth.

First Western Capital Management Co holds 3.17% of its portfolio in Regions Financial Corporation for 39,437 shares. Main Street Research Llc owns 951,998 shares or 2.65% of their US portfolio. Moreover, Cookson Peirce & Co Inc has 2.63% invested in the company for 1.66 million shares. The Missouri-based Jag Capital Management Llc has invested 2.49% in the stock. Ejf Capital Llc, a Virginia-based fund reported 1.41 million shares.

Regions Financial Corporation (NYSE:RF) Ratings Coverage

Ratings analysis reveals 14% of Regions Financial’s analysts are positive. Out of 7 Wall Street analysts rating Regions Financial, 1 give it “Buy”, 0 “Sell” rating, while 6 recommend “Hold”. The lowest target is $1900 while the high is $20.5000. The stock’s average target of $18.42 is 0.99% above today’s ($18.24) share price. RF was included in 7 notes of analysts from April 20, 2018. The firm has “Outperform” rating given on Monday, June 18 by RBC Capital Markets. The firm has “Hold” rating given on Tuesday, April 24 by FBR Capital. As per Sunday, April 22, the company rating was maintained by Piper Jaffray. Robert W. Baird upgraded the stock to “Neutral” rating in Thursday, June 28 report. B. Riley & Co maintained Regions Financial Corporation (NYSE:RF) rating on Tuesday, April 24. B. Riley & Co has “Neutral” rating and $20 target. The firm has “Hold” rating by Susquehanna given on Friday, April 20. The rating was maintained by Keefe Bruyette & Woods on Sunday, April 22 with “Hold”.

Regions Financial Corporation (NYSE:RF) Institutional Positions Chart

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