Shares Holding Above Moving Averages: Regions Financial Corporation (NYSE:RF)


Moreover, Junto Capital Management Lp has 4.07% invested in the company for 324,901 shares. Mackenzie Financial Corp owned 0.08% of Regions Financial Corporation worth $13,411,000 as of its most recent filing with the SEC. Also, the number of hedge funds holding Regions Financial Corp in their top 10 positions increased from 5 to 11 for an increase of 6.

News headlines about Regions Financial Corporation (NYSE:RF) have trended somewhat positive this week, according to Accern Sentiment Analysis. Creative Planning raised its position in shares of State Bank Financial 38.9% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 7,184 shares of the bank's stock worth $104,000 after buying an additional 666 shares during the period. Cornerstone Wealth Management LLC purchased a new position in shares of Regions Financial Corporation during the first quarter valued at $146,000. The firm owned 12,482 shares of the bank's stock at the end of the first quarter.

Regions Financial Corp (NYSE:RF) shows a Forward Annual Dividend Rate of $0.26 and Trailing Annual Dividend Yield of 1.76% according to MorningStar Inc. Following the completion of the transaction, the chief financial officer now directly owns 126,160 shares of the company's stock, valued at $1,743,531.20. Over the past 2 quarters, Regions Financial Corporation (NYSE:RF) is up 2.07%, compared with a gain of almost 6.16% for 3 months and about 2.77% for the past 30 days. Considering that the stock daily volume of 9.64 million shares, this represents a pretty noteworthy trading in volume size that is above six million trading capacity in last session. The stock of Regions Financial Corp (NYSE:RF) has "Neutral" rating given on Wednesday, November 16 by Piper Jaffray. The company has market cap of $17.59 billion. The Stock becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume.

Regions Financial Corporation (NYSE:RF) previously announced its periodic earnings reports on early Tue, Apr 18th. The firm had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.40 billion.

State Bank Financial Corporation. had a net margin of 22.61% and a return on equity of 8.45%. The business's revenue was up 11.8% on a year-over-year basis. Next quarter's EPS is expected be $0.25 and the next full year EPS is projected to be $1.13. Equities analysts forecast that Regions Financial Corporation will post $0.98 earnings per share for the current fiscal year. The ex-dividend date was Wednesday, June 7th. This is a positive change from Regions Financial Corporation's previous quarterly dividend of $0.07.

The stock decreased 1.45% or $0.08 on July 12, reaching $5.44. Regions Financial Corporation's payout ratio is now 31.11%.RF has been the topic of a number of recent research reports.

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03/15/2017 - Regions Financial Corporation had its "outperform" rating reiterated by analysts at FBR Capital Markets. If you are accessing this story on another website, it was illegally copied and reposted in violation of United States and global copyright law. The stock of State Bank Financial Corp (NASDAQ:STBZ) has "Buy" rating given on Wednesday, September 23 by Sandler O'Neill. If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up.

Analysts await Regions Financial Corp (NYSE:RF) to report earnings on July, 18. The firm has "Hold" rating given on Thursday, June 1 by Keefe Bruyette & Woods.

Among 28 analysts covering Regions Financial Corp (NYSE:RF), 7 have Buy rating, 4 Sell and 17 Hold. The company now has an average rating of "Hold" and an average price target of $14.18. Also, Director Michael B. Stubbs sold 40,000 shares of the stock in a transaction that occurred on Friday, May 19th. The stock now has an average rating of "Hold" and a consensus target price of $14.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

In other State Bank Financial Corporation. news, Director John D. Houser sold 4,481 shares of the firm's stock in a transaction on Monday, May 1st. The shares were sold at an average price of $13.51, for a total transaction of $2,732,140.81. Following the sale, the executive vice president now directly owns 204,537 shares of the company's stock, valued at approximately $2,924,879.10. The disclosure for this sale can be found here.

Multiple company employees have indulged in significant insider trading. The third largest holder is State Street Corp, which now holds $996.12 million worth of this stock and that ownership represents almost 5.61% of its market capitalization. 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 divisions: 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 services and products 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.