Dupont Capital Management Corp lowered its stake in Regions Financial Corporation (NYSE:RF) by 45.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 35,401 shares of the bank’s stock after selling 29,738 shares during the quarter. Dupont Capital Management Corp’s holdings in Regions Financial Corporation were worth $539,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of RF. Salem Investment Counselors Inc. lifted its position in shares of Regions Financial Corporation by 0.3% during the second quarter. Salem Investment Counselors Inc. now owns 9,124 shares of the bank’s stock worth $134,000 after purchasing an additional 26 shares in the last quarter. IFC Holdings Incorporated FL lifted its position in shares of Regions Financial Corporation by 0.3% during the second quarter. IFC Holdings Incorporated FL now owns 20,289 shares of the bank’s stock worth $295,000 after purchasing an additional 58 shares in the last quarter. Advisor Partners LLC lifted its position in shares of Regions Financial Corporation by 0.3% during the second quarter. Advisor Partners LLC now owns 20,041 shares of the bank’s stock worth $293,000 after purchasing an additional 59 shares in the last quarter. Lbmc Investment Advisors LLC increased its stake in shares of Regions Financial Corporation by 0.3% during the second quarter. Lbmc Investment Advisors LLC now owns 31,904 shares of the bank’s stock worth $467,000 after buying an additional 109 shares during the period. Finally, Huntington National Bank increased its stake in shares of Regions Financial Corporation by 0.9% during the second quarter. Huntington National Bank now owns 17,347 shares of the bank’s stock worth $254,000 after buying an additional 161 shares during the period. 77.72% of the stock is currently owned by institutional investors.

A number of analysts recently weighed in on RF shares. FBR & Co restated a “hold” rating and set a $16.00 target price on shares of Regions Financial Corporation in a research note on Wednesday, October 25th. J P Morgan Chase & Co upped their target price on shares of Regions Financial Corporation from $15.50 to $16.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 1st. Keefe, Bruyette & Woods restated a “hold” rating and set a $15.50 target price on shares of Regions Financial Corporation in a research note on Friday, September 15th. Bank of America Corporation restated a “buy” rating and set a $17.00 target price on shares of Regions Financial Corporation in a research note on Wednesday, July 26th. Finally, BidaskClub lowered shares of Regions Financial Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Four equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $15.31.

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Shares of Regions Financial Corporation (NYSE RF) opened at $15.17 on Friday. Regions Financial Corporation has a fifty-two week low of $12.00 and a fifty-two week high of $16.03. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.85 and a quick ratio of 0.84. The company has a market capitalization of $17,596.76, a price-to-earnings ratio of 15.80, a price-to-earnings-growth ratio of 1.37 and a beta of 1.29.

Regions Financial Corporation (NYSE:RF) last released its earnings results on Tuesday, October 24th. The bank reported $0.25 EPS for the quarter, meeting analysts’ consensus estimates of $0.25. Regions Financial Corporation had a return on equity of 7.56% and a net margin of 20.14%. The company had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter last year, the company earned $0.24 earnings per share. Regions Financial Corporation’s quarterly revenue was down 1.3% compared to the same quarter last year. equities research analysts expect that Regions Financial Corporation will post 0.99 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Friday, December 8th will be issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date of this dividend is Thursday, December 7th. Regions Financial Corporation’s dividend payout ratio (DPR) is currently 37.50%.

In other news, EVP John B. Owen sold 40,000 shares of the firm’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $15.67, for a total value of $626,800.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Scott M. Peters sold 25,000 shares of the firm’s stock in a transaction on Thursday, October 26th. The shares were sold at an average price of $15.84, for a total value of $396,000.00. Following the completion of the transaction, the executive vice president now owns 121,459 shares of the company’s stock, valued at approximately $1,923,910.56. The disclosure for this sale can be found here. Company insiders own 0.52% of the company’s stock.

Regions Financial Corporation Profile

Regions Financial Corporation is a financial holding company. 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 segments: 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 products and services 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.

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Institutional Ownership by Quarter for Regions Financial Corporation (NYSE:RF)

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