338 institutional investors are raising stakes in Regions Financial Corporation (RF)

Regions Financial Corporation (NYSE:RF) enjoyed a 42.38% run-up in share price since hitting record low of $13.00. The stock managed -2.48% fall and now stands at $18.51 as of 04/13/2018. At recent session, the prices were hovering between $18.4 and $19.15. This company shares are 8.64% off its target price of $20.11 and the current market capitalization stands at $22.19B. The recent change has given its price a -3.06% deficit over SMA 50 and -8.41% deficit over its 52-week high. The stock witnessed -4.59% declines, 1.7% gains and 23.07% 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 2.56% and during a month it has been found around 2.84%.

Regions Financial Corporation (RF) Top Holders

Institutional investors currently hold around $16.53 billion or 78.8% in RF stock. Look at its top three institutional owners. Vanguard Group Inc owns $2.48 billion in Regions Financial Corporation, which represents roughly 11.16% of the company’s market cap and approximately 14.98% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 90,160,203 shares of the stock are valued at $1.71 billion. The third largest holder is State Street Corp, which currently holds $1.23 billion worth of this stock and that ownership represents nearly 5.56% of its market capitalization.

Regions Financial Corporation 13F Filings

At the end of 12/31/2017 reporting period, 338 institutional holders increased their position in Regions Financial Corporation (NYSE:RF) by some 56,910,547 shares, 276 decreased positions by 83,534,350 and 117 held positions by 730,282,360. That puts total institutional holdings at 870,727,257 shares, according to SEC filings. The stock grabbed 126 new institutional investments totaling 18,445,428 shares while 34 institutional investors sold out their entire positions totaling 3,208,650 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 Director Fast Eric C has sold 20,000 shares of Regions Financial Corporation (RF) in trading session dated Mar. 09, 2018. These shares are worth $396,000 and were traded at $19.8 each. The SEC filing shows that Smith Ronald G. performed a sale of 92,301 shares. The SEVP disposed these shares by way of transaction on Feb. 23, 2018. The company’s shares were given away at $19.32 per share worth to an income of some $1,783,255 on account of Smith Ronald G..

SEVP, Peters Scott M., sold 25,627 common shares of Regions Financial Corporation (RF) in the open market. In a transaction dated Jan. 24, 2018, the shares were put up for sale at an average price of $19.5, raking in a sum of $499,727. After this sale, 148,752 common shares of RF are directly owned by the insider, with total stake valued at $2,753,400.

In the transaction dated Jan. 24, 2018, the great number of shares disposed came courtesy the SEVP; Jones Ellen S. disposed a total of 35,000 shares at an average price of $19.38, amounting to approximately $678,300. The insider now directly owns 21,152 shares worth $391,524.

Regions Financial Corporation (RF) Analyst Guide

Several analysts have released their opinion on Regions Financial Corporation (NYSE:RF), with 4 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 2 strong sell ratings, collectively assigning a 2.77 average brokerage recommendation.

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