Regions Financial Corp. (NYSE:RF)‘s stock had its “sell” rating reaffirmed by investment analysts at Barclays PLC in a research report issued to clients and investors on Tuesday. They currently have a $10.00 target price on the stock. Barclays PLC’s price target suggests a potential downside of 3.57% from the company’s current price.

A number of other research firms also recently issued reports on RF. FBR & Co reissued a “buy” rating and issued a $10.50 price target on shares of Regions Financial Corp. in a research note on Wednesday, July 20th. Wedbush initiated coverage on shares of Regions Financial Corp. in a research note on Thursday, October 6th. They set an “outperform” rating and a $12.00 target price for the company. They noted that the move was a valuation call. Deutsche Bank AG reaffirmed a “hold” rating on shares of Regions Financial Corp. in a research note on Wednesday, June 15th. Evercore ISI reaffirmed a “buy” rating and set a $10.00 target price (up previously from $9.00) on shares of Regions Financial Corp. in a research note on Friday, July 22nd. Finally, Vetr raised shares of Regions Financial Corp. from a “buy” rating to a “strong-buy” rating and set a $10.50 target price for the company in a research note on Monday, June 13th. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. Regions Financial Corp. has a consensus rating of “Hold” and a consensus price target of $10.34.

Analyst Recommendations for Regions Financial Corp. (NYSE:RF)

Regions Financial Corp. (NYSE:RF) traded down 1.06% during midday trading on Tuesday, hitting $10.26. 15,210,775 shares of the company were exchanged. The stock has a market capitalization of $12.88 billion, a price-to-earnings ratio of 12.91 and a beta of 1.44. Regions Financial Corp. has a 1-year low of $7.00 and a 1-year high of $10.47. The stock has a 50 day moving average of $9.84 and a 200-day moving average of $9.22.

Regions Financial Corp. (NYSE:RF) last released its quarterly earnings results on Tuesday, July 19th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.21 by $0.01. Regions Financial Corp. had a return on equity of 6.65% and a net margin of 18.63%. The company earned $1.40 billion during the quarter, compared to the consensus estimate of $1.37 billion. Equities analysts expect that Regions Financial Corp. will post $0.83 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, October 3rd. Shareholders of record on Friday, September 9th were issued a $0.065 dividend. The ex-dividend date of this dividend was Wednesday, September 7th. This represents a $0.26 dividend on an annualized basis and a yield of 2.51%. Regions Financial Corp.’s dividend payout ratio is currently 32.91%.

In other Regions Financial Corp. news, EVP Scott M. Peters sold 23,391 shares of Regions Financial Corp. stock in a transaction on Friday, August 26th. The shares were sold at an average price of $9.73, for a total value of $227,594.43. Following the completion of the transaction, the executive vice president now directly owns 201,391 shares of the company’s stock, valued at approximately $1,959,534.43. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP C. Keith Herron sold 38,753 shares of Regions Financial Corp. stock in a transaction on Tuesday, August 9th. The stock was sold at an average price of $9.38, for a total transaction of $363,503.14. Following the completion of the transaction, the executive vice president now directly owns 290,384 shares of the company’s stock, valued at $2,723,801.92. The disclosure for this sale can be found here. 0.88% of the stock is currently owned by company insiders.

Several institutional investors have recently modified their holdings of the company. Meiji Yasuda Asset Management Co Ltd. boosted its position in shares of Regions Financial Corp. by 6.2% in the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 12,215 shares of the company’s stock worth $104,000 after buying an additional 710 shares during the last quarter. Kanaly Trust Co boosted its position in shares of Regions Financial Corp. by 9.6% in the second quarter. Kanaly Trust Co now owns 13,044 shares of the company’s stock worth $111,000 after buying an additional 1,145 shares during the last quarter. Wesbanco Bank Inc. boosted its position in shares of Regions Financial Corp. by 14.2% in the second quarter. Wesbanco Bank Inc. now owns 13,329 shares of the company’s stock worth $114,000 after buying an additional 1,662 shares during the last quarter. Paradigm Financial Advisors LLC acquired a new position in shares of Regions Financial Corp. during the second quarter worth approximately $119,000. Finally, Woodmont Investment Counsel LLC boosted its position in shares of Regions Financial Corp. by 3.1% in the second quarter. Woodmont Investment Counsel LLC now owns 14,144 shares of the company’s stock worth $120,000 after buying an additional 426 shares during the last quarter. 74.29% of the stock is owned by institutional investors and hedge funds.

Regions Financial Corp. Company 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.

5 Day Chart for NYSE:RF

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