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Main » Trading Notes on Regions Financial Corporation (NYSE:RF): Active Stock Recap

Trading Notes on Regions Financial Corporation (NYSE:RF): Active Stock Recap

20 Mai 2017

It operates through three divisions: cellular services, which include wireless voice and data transmission services, sales of wireless devices, IoT solutions platform services and lifestyle enhancement platform services; fixed-line telecommunication services, which include fixed-line telephone services, broadband Internet services, advanced media platform services (including Internet Protocol television (IPTV)) and business communications services, and other businesses, which include its commerce business, its hardware business and other operations. In addition to business demand, savings and money market accounts, it also provides cash management services and deposit products. Carolina Financial Corporation is based in Charleston, South Carolina.

Several other research firms also recently commented on CARO.

Shares of Regions Financial Corp (NYSE:RF) traded down 3.78% during trading on Wednesday, reaching $13.99. Analysts giving shares a rating of 1 or 2 would be indicating a Buy.

In terms of Buy, Sell or Hold recommendations, Regions Financial Corp (NYSE:RF) has analysts' mean recommendation of 2.8. The company has an average rating of "Buy" and an average target price of $30.17.

Regions Financial Corporation closed its last trading session at $14.34 with the gain of 1.39%. They now have a United States dollars 23 price target on the stock. The Company has 52-week high of $15.96 and 52-week low of $7.68. The company has market cap of $285.30 million. The firm has a 50-day moving average price of $29.82 and a 200 day moving average price of $28.83. The company's current price-earnings ratio amounts to 16.22 times earnings, below the average P/E ratio of 18.00 times earnings. The company beat the analyst EPS Estimate with the difference of $0.01.

Regions Financial Corporation (RF) has a market capitalization of 17.54 Billion while its Major Index membership is at S&P 500.

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Additionally on 5/01/17 Wedbush "Downgrades" Regions Financial Corp (NYSE:RF) to Neutral setting price target at $0 and on 4/19/17 Evercore ISI Group "Downgrades" the stock to In-Line at $15.

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The company also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Investors of record on Thursday, June 15th will be given a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.52%. The ex-dividend date of this dividend is Wednesday, May 3rd. Perhaps, that suggests something about why 1.12% of the outstanding share supply is held by institutional investors. Systematic Financial Management LP acquired a new stake in shares of Carolina Financial Corp during the fourth quarter valued at $8,074,000. Ltd. raised its position in shares of Regions Financial Corp by 0.6% in the third quarter. Carolina Financial Corp's payout ratio is 11.35%. Teachers Advisors LLC boosted its position in Carolina Financial Corp by 17.8% in the first quarter. Following the completion of the transaction, the director now directly owns 99,453 shares of the company's stock, valued at approximately $1,690,701.

Carolina Financial Corporation is a bank holding company. The Company, through its branches, offers a range of commercial and consumer loans and deposits, as well as ancillary financial services. The Company operates through three segments: community banking, wholesale mortgage banking (mortgage banking) and other.