Regions Financial Corporation (NYSE:RF) recovered 30.38% of its value since hitting low of $13.00. The recent move of 1.8% gain helped the stock to close at $16.95 when trading ended on 12/04/2017. At recent session, the prices were hovering between $16.855 and $17.12. This company shares are -4.84% up from its target price of $16.13 and the current market capitalization stands at $19.64B. The recent change has given its price a 10.05% lead over SMA 50 and 0.06% lead over its 52-week high. The stock witnessed 7.89% gains, 24.27% gains and 25.56% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found RF’s volatility during a week at 2.92% and during a month it has been found around 2.17%.Regions Financial Corporation (RF) Top Holders
Institutional investors currently hold around $15.11 billion or 78.6% in RF stock. Look at its top three institutional owners. Vanguard Group Inc owns $2.25 billion in Regions Financial Corporation, which represents roughly 11.47% of the company’s market cap and approximately 14.91% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 90,731,564 shares of the stock are valued at $1.51 billion. The third largest holder is State Street Corp, which currently holds $1.11 billion worth of this stock and that ownership represents nearly 5.65% of its market capitalization.Regions Financial Corporation 13F Filings
At the end of 09/30/2017 reporting period, 277 institutional holders increased their position in Regions Financial Corporation (NYSE:RF) by some 73,976,068 shares, 295 decreased positions by 80,578,239 and 118 held positions by 752,632,193. That puts total institutional holdings at 907,186,500 shares, according to SEC filings. The stock grabbed 50 new institutional investments totaling 15,257,404 shares while 77 institutional investors sold out their entire positions totaling 15,717,345 shares.Regions Financial Corporation (NYSE:RF) Insider Trades
Multiple company employees have indulged in significant insider trading. Regions Financial Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that SEVP Owen John B has sold 40,000 shares of Regions Financial Corporation (RF) in trading session dated Nov. 07, 2017. These shares are worth $626,800 and were traded at $15.67 each. The SEC filing shows that Jones Ellen S. performed a sale of 17,000 shares. The SEVP disposed these shares by way of transaction on Oct. 27, 2017. The company’s shares were given away at $15.74 per share worth to an income of some $267,580 on account of Jones Ellen S..
SEVP, Peters Scott M., sold 25,000 common shares of Regions Financial Corporation (RF) in the open market. In a transaction dated Oct. 26, 2017, the shares were put up for sale at an average price of $15.84, raking in a sum of $396,000. After this sale, 172,805 common shares of RF are directly owned by the insider, with total stake valued at $2,929,045.
In the transaction dated Aug. 07, 2017, the great number of shares disposed came courtesy the CFO; Turner David J Jr disposed a total of 65,000 shares at an average price of $14.95, amounting to approximately $971,750. The insider now directly owns 174,268 shares worth $2,953,843.Regions Financial Corporation (RF) Analyst Guide
Several analysts have released their opinion on Regions Financial Corporation (NYSE:RF), with 2 analysts believing it is a strong buy. Whereas 15 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 1 strong sell ratings, collectively assigning a 2.84 average brokerage recommendation.