Regional Management (NYSE:RM) was upgraded by equities research analysts at ValuEngine from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday.

A number of other equities analysts have also recently commented on the stock. Zacks Investment Research cut shares of Regional Management from a “buy” rating to a “hold” rating in a research note on Saturday, September 8th. Stephens reaffirmed a “hold” rating and set a $37.00 price target on shares of Regional Management in a research note on Wednesday, August 1st. TheStreet cut shares of Regional Management from a “b” rating to a “c+” rating in a research note on Monday, July 16th. Finally, BMO Capital Markets lifted their price target on shares of Regional Management from $32.00 to $36.00 and gave the stock a “market perform” rating in a research note on Thursday, August 2nd. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Regional Management presently has a consensus rating of “Hold” and an average target price of $34.60.

Shares of Regional Management stock traded down $0.12 during trading hours on Wednesday, reaching $28.13. The company’s stock had a trading volume of 675 shares, compared to its average volume of 69,166. Regional Management has a one year low of $21.50 and a one year high of $37.21. The company has a quick ratio of 47.26, a current ratio of 47.26 and a debt-to-equity ratio of 2.28. The company has a market cap of $341.21 million, a PE ratio of 12.50 and a beta of 0.89.

Regional Management (NYSE:RM) last posted its earnings results on Tuesday, July 31st. The credit services provider reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.05. Regional Management had a net margin of 11.64% and a return on equity of 12.87%. The firm had revenue of $72.42 million for the quarter, compared to the consensus estimate of $73.73 million. As a group, sell-side analysts expect that Regional Management will post 3.09 earnings per share for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the business. Mackay Shields LLC purchased a new stake in Regional Management in the 2nd quarter valued at about $284,000. Sun Life Financial INC purchased a new stake in Regional Management in the 2nd quarter valued at about $301,000. First Trust Advisors LP boosted its position in Regional Management by 19.7% in the 2nd quarter. First Trust Advisors LP now owns 10,784 shares of the credit services provider’s stock valued at $378,000 after buying an additional 1,775 shares during the period. Russell Investments Group Ltd. boosted its position in Regional Management by 534.8% in the 2nd quarter. Russell Investments Group Ltd. now owns 15,019 shares of the credit services provider’s stock valued at $526,000 after buying an additional 12,653 shares during the period. Finally, Citadel Advisors LLC purchased a new stake in Regional Management in the 2nd quarter valued at about $600,000. 86.02% of the stock is owned by institutional investors.

About Regional Management

Regional Management Corp., a diversified consumer finance company, provides various loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other traditional lenders. The company offers small and large installment loans; automobile purchase loans; loans to finance the purchase of furniture, appliances, and other retail products; insurance products, including credit life, credit accident and health, credit property, vehicle single interest, and credit involuntary unemployment insurance; collateral protection insurance; and property insurance, as well as reinsurance products.

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