Texas Permanent School Fund Decreases Stake in Regions Financial Corp (RF)
- Author: Zachary Reyes May 20, 2017,
May 20, 2017, 17:05
Analysts have a mean recommendation of 2.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).
Other equities research analysts have also recently issued reports about the stock. Rafferty Capital Markets lowered shares of Regions Financial Corp from a "buy" rating to a "hold" rating and set a $15.00 target price on the stock.in a research report on Thursday, April 20th.
COPYRIGHT VIOLATION NOTICE: "Regions Financial Corp (RF) Downgraded to "Hold" at Rafferty Capital Markets" was first published by Markets Daily and is owned by of Markets Daily. Brean Capital restated a "hold" rating on shares of Carolina Financial Corp in a research note on Thursday, January 19th.
BankFinancial Corporation (BFIN) formed multiple top with $15.25 target or 4.00% above today's $14.66 share price. For the quarter, shares have been noted at -23.86%. Carolina Financial Corporation has a 52-week low of 16.50 and a 52-week high of 31.50. The stock's 50 day moving average is $26.16 and its 200 day moving average is $26.01. The business's quarterly revenue was up.1% compared to the same quarter past year. The financial services provider reported $0.41 EPS for the quarter, beating the Zacks' consensus estimate of $0.36 by $0.05. Carolina Financial Corp had a return on equity of 13.43% and a net margin of 19.48%. The business had revenue of $53.42 million during the quarter, compared to the consensus estimate of $52.07 million.
10/27/2015 - Oritani Financial Corp. was downgraded to "hold" by analysts at Sandler O'Neill.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 6th. Shareholders of record on Friday, June 9th will be issued a $0.07 dividend. This represents a $0.16 annualized dividend and a yield of 0.52%. The ex-dividend date of this dividend is Wednesday, June 7th. There is a large variety of Financial Ratios that can be considered while making an investment decision but here in the case of Regions Financial Corporation (RF), we will discuss a few. Charter Financial Corp (NASDAQ:CHFN) has risen 6.00% since April 17, 2017 and is uptrending. American International Group Inc. boosted its position in Carolina Financial Corp by 8.7% in the first quarter.
About 152,431 shares traded. Teachers Advisors LLC now owns 19,277 shares of the financial services provider's stock valued at $578,000 after buying an additional 2,909 shares in the last quarter. Virtus Investment Advisers Inc. acquired a new stake in Regions Financial Corp during the third quarter worth about $102,000.
Regions Financial Corporation closed its last trading session at $14.34 with the gain of 1.39%. Finally, TradeLink Capital LLC bought a new position in Regions Financial Corp during the third quarter valued at about $103,000.
The stock increased 1.81% or $0.54 during the last trading session, reaching $30.38. Corporate insiders own 6.31% of the company's stock. If you are viewing this story on another website, it was illegally copied and republished in violation of United States & global trademark & copyright law. They now have a United States dollars 19 price target on the stock.
10/10/2013 - Raymond James began new coverage on Oritani Financial Corp. giving the company a "outperform" rating. The Company conducts its banking operations through Regions Bank, an Alabama state-chartered commercial bank, which is a member of the Federal Reserve System. The company's loan portfolio comprises loans to small and medium-sized businesses, residential and commercial construction and development loans, commercial real estate loans, residential mortgage loans, residential lot loans, home equity loans, and consumer loans. The Company's community banking segment provides traditional banking services offered through CresCom Bank.