Exclusive: Regions Financial Corp (NYSE:RF) Quarterly Sentiment Report

November 25, 2016 - By kentuckypostne   ·   0 Comments

Exclusive: Regions Financial Corp (NYSE:RF) Quarterly Sentiment Report

Sentiment for Regions Financial Corp (NYSE:RF)

Regions Financial Corp (NYSE:RF) institutional sentiment decreased to 0.78 in 2016 Q2. Its down -0.16, from 0.94 in 2016Q1. The ratio dropped, as 226 funds started new and increased positions, while 241 cut down and sold stakes in Regions Financial Corp. The funds in our partner’s database now possess: 913.54 million shares, down from 933.80 million shares in 2016Q1. Also, the number of funds holding Regions Financial Corp in their top 10 positions increased from 5 to 6 for an increase of 1. Sold All: 33 Reduced: 208 Increased: 170 New Position: 56.

Regions Financial Corporation is a financial holding company. The company has a market cap of $16.63 billion. The Firm conducts its banking activities through Regions Bank, an Alabama state-chartered commercial bank, which is a member of the Federal Reserve System. It has a 15.7 P/E ratio. 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.

The stock increased 0.45% or $0.06 during the last trading session, hitting $13.36. About 7.29M shares traded hands. Regions Financial Corp (NYSE:RF) has risen 42.40% since April 22, 2016 and is uptrending. It has outperformed by 36.99% the S&P500.

Analysts await Regions Financial Corp (NYSE:RF) to report earnings on January, 20. They expect $0.22 earnings per share, up 4.76% or $0.01 from last year’s $0.21 per share. RF’s profit will be $273.85M for 15.18 P/E if the $0.22 EPS becomes a reality. After $0.24 actual earnings per share reported by Regions Financial Corp for the previous quarter, Wall Street now forecasts -8.33% negative EPS growth.

According to Zacks Investment Research, “Regions Financial Corporation is a regional bank holding company and has banking-related subsidiaries engaged in mortgage banking, credit life insurance, leasing, and securities brokerage activities with offices in various Southeastern states. Through its subsidiaries, Regions offers a broad range of banking and banking-related services.”

Basswood Capital Management L.L.C. holds 5.88% of its portfolio in Regions Financial Corp for 11.94 million shares. Elizabeth Park Capital Advisors Ltd. owns 1.61 million shares or 5.83% of their US portfolio. Moreover, Taylor Asset Management Inc has 5.34% invested in the company for 2.20 million shares. The Pennsylvania-based Schneider Capital Management Corp has invested 4.82% in the stock. Forest Hill Capital Llc, a Arkansas-based fund reported 3.83 million shares.#img1#

Regions Financial Corp (NYSE:RF) Ratings Coverage

Ratings analysis reveals 39% of Regions Financial Corp’s analysts are positive. Out of 23 Wall Street analysts rating Regions Financial Corp, 9 give it “Buy”, 3 “Sell” rating, while 11 recommend “Hold”. The lowest target is $9 while the high is $15. The stock’s average target of $11.02 is -17.51% below today’s ($13.36) share price. RF was included in 51 notes of analysts from August 12, 2015. As per Tuesday, April 19, the company rating was upgraded by FBR Capital. Compass Point maintained it with “Buy” rating and $12.0 target price in Tuesday, January 19 report. FBR Capital upgraded Regions Financial Corp (NYSE:RF) rating on Monday, November 14. FBR Capital has “Outperform” rating and $15 price target. The rating was upgraded by Raymond James on Monday, August 31 to “Outperform”. The stock of Regions Financial Corp (NYSE:RF) has “Market Perform” rating given on Monday, June 6 by Keefe Bruyette & Woods. Wedbush initiated the stock with “Outperform” rating in Friday, October 7 report. As per Thursday, October 8, the company rating was initiated by Guggenheim. The firm earned “Market Perform” rating on Monday, June 6 by Wood. The firm has “Mkt Perform” rating by FBR Capital given on Tuesday, October 11. The stock of Regions Financial Corp (NYSE:RF) earned “Outperform” rating by Wood on Monday, May 16.

RF Company Profile

Regions Financial Corporation, incorporated on February 13, 2004, is a financial holding company. The Firm conducts its banking activities through Regions Bank, an Alabama state-chartered commercial bank, which is a member of the Federal Reserve System. The Firm operates in three divisions: Corporate Bank, Consumer Bank and Wealth Management. The Firm provides traditional commercial, retail and mortgage banking services, as well as other financial services in the fields of asset management, wealth management, securities brokerage, insurance brokerage, trust services, merger and acquisition advisory services, and other specialty financing. The Firm operates approximately 1,960 automated teller machines (ATMs) and over 1,630 banking offices in Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, Texas and Virginia.

More news for Regions Financial Corp (NYSE:RF) were recently published by: Nasdaq.com, which released: “Commit To Buy Regions Financial Corp At $8, Earn 5.8% Using Options” on November 21, 2016. Moodys.com‘s article titled: “Moody’s Upgrades Regions Financial Corporation (Baa2 Senior Unsecured)” and published on November 02, 2016 is yet another important article.

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