Bienville Capital Management LLC lowered its stake in Regions Financial Corporation (NYSE:RF) by 31.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,802 shares of the bank’s stock after selling 10,864 shares during the quarter. Bienville Capital Management LLC’s holdings in Regions Financial were worth $363,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of RF. NGAM Advisors L.P. raised its holdings in shares of Regions Financial by 119.3% in the 2nd quarter. NGAM Advisors L.P. now owns 85,823 shares of the bank’s stock valued at $1,256,000 after acquiring an additional 46,688 shares in the last quarter. Advisor Partners LLC raised its holdings in shares of Regions Financial by 0.3% in the 2nd quarter. Advisor Partners LLC now owns 20,041 shares of the bank’s stock valued at $293,000 after acquiring an additional 59 shares in the last quarter. Global X Management Co. LLC raised its holdings in shares of Regions Financial by 41.8% in the 2nd quarter. Global X Management Co. LLC now owns 49,813 shares of the bank’s stock valued at $729,000 after acquiring an additional 14,681 shares in the last quarter. Canada Pension Plan Investment Board raised its holdings in shares of Regions Financial by 10.4% in the 2nd quarter. Canada Pension Plan Investment Board now owns 2,025,530 shares of the bank’s stock valued at $29,654,000 after acquiring an additional 190,900 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. raised its holdings in shares of Regions Financial by 0.8% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 7,082,745 shares of the bank’s stock valued at $103,692,000 after acquiring an additional 54,334 shares in the last quarter. Institutional investors and hedge funds own 75.70% of the company’s stock.

Shares of Regions Financial Corporation (RF) traded up $0.11 during midday trading on Friday, hitting $17.08. The company had a trading volume of 8,320,040 shares, compared to its average volume of 12,173,375. The stock has a market cap of $19,812.30, a PE ratio of 17.79, a price-to-earnings-growth ratio of 1.55 and a beta of 1.30. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.39. Regions Financial Corporation has a 52 week low of $13.00 and a 52 week high of $17.17.

Regions Financial (NYSE:RF) last announced its quarterly earnings data on Tuesday, October 24th. The bank reported $0.25 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.25. The company had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.45 billion. Regions Financial had a return on equity of 7.56% and a net margin of 20.14%. Regions Financial’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same period last year, the firm posted $0.24 EPS. sell-side analysts anticipate that Regions Financial Corporation will post 0.99 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Friday, December 8th will be paid a $0.09 dividend. The ex-dividend date is Thursday, December 7th. This represents a $0.36 dividend on an annualized basis and a yield of 2.11%. Regions Financial’s dividend payout ratio (DPR) is currently 37.50%.

Several analysts have weighed in on RF shares. Goldman Sachs Group raised Regions Financial from a “buy” rating to a “conviction-buy” rating in a report on Thursday, November 16th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $15.50 price target on shares of Regions Financial in a report on Friday, September 15th. J P Morgan Chase & Co raised their price target on Regions Financial from $15.50 to $16.00 and gave the company a “neutral” rating in a report on Wednesday, November 1st. Citigroup reaffirmed a “neutral” rating and issued a $16.00 price target (up previously from $15.00) on shares of Regions Financial in a report on Monday, October 9th. Finally, Nomura reaffirmed a “neutral” rating and issued a $17.00 price target (up previously from $16.00) on shares of Regions Financial in a report on Thursday, October 26th. Four equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company. Regions Financial currently has a consensus rating of “Hold” and an average target price of $15.63.

In other Regions Financial news, EVP Scott M. Peters sold 25,000 shares of Regions Financial stock in a transaction that occurred on Thursday, October 26th. The stock was sold at an average price of $15.84, for a total value of $396,000.00. Following the transaction, the executive vice president now directly owns 121,459 shares of the company’s stock, valued at approximately $1,923,910.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John E. D. D S. Maupin, Jr. sold 15,000 shares of Regions Financial stock in a transaction that occurred on Tuesday, December 5th. The stock was sold at an average price of $17.04, for a total value of $255,600.00. Following the completion of the transaction, the director now directly owns 59,436 shares in the company, valued at $1,012,789.44. The disclosure for this sale can be found here. Insiders sold a total of 80,000 shares of company stock worth $1,278,400 over the last ninety days. Insiders own 0.52% of the company’s stock.

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Regions Financial 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 (NYSE:RF)

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