StockNews.com Begins Coverage on Regional Management (NYSE:RM)

StockNews.com started coverage on shares of Regional Management (NYSE:RM – Get Rating) in a research note issued to investors on Thursday morning. The firm issued a buy rating on the credit services provider’s stock.

A number of other equities analysts also recently commented on RM. Stephens upped their target price on shares of Regional Management from $26.00 to $38.00 in a research note on Thursday, February 9th. BMO Capital Markets upped their price target on shares of Regional Management from $34.00 to $37.00 and gave the stock a market perform rating in a research report on Friday, February 10th.

Regional Management Price Performance

Shares of RM stock opened at $25.19 on Thursday. The company has a debt-to-equity ratio of 4.36, a current ratio of 47.38 and a quick ratio of 47.39. The company has a market capitalization of $239.81 million, a P/E ratio of 4.83 and a beta of 1.49. The company’s 50-day simple moving average is $32.21 and its two-hundred day simple moving average is $30.76. Regional Management has a one year low of $25.15 and a one year high of $49.76.

Regional Management Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 15th. Stockholders of record on Wednesday, February 22nd were given a $0.30 dividend. The ex-dividend date was Tuesday, February 21st. This represents a $1.20 annualized dividend and a dividend yield of 4.76%. Regional Management’s payout ratio is presently 22.99%.

Institutional Investors Weigh In On Regional Management

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in Regional Management by 7.4% during the fourth quarter. JPMorgan Chase & Co. now owns 4,516 shares of the credit services provider’s stock valued at $126,000 after acquiring an additional 311 shares during the last quarter. Fuller & Thaler Asset Management Inc. lifted its position in Regional Management by 0.5% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 62,301 shares of the credit services provider’s stock valued at $3,026,000 after acquiring an additional 325 shares during the last quarter. Martingale Asset Management L P lifted its position in Regional Management by 1.8% during the second quarter. Martingale Asset Management L P now owns 20,242 shares of the credit services provider’s stock valued at $757,000 after acquiring an additional 362 shares during the last quarter. Quantbot Technologies LP lifted its position in Regional Management by 120.0% during the first quarter. Quantbot Technologies LP now owns 1,100 shares of the credit services provider’s stock valued at $53,000 after acquiring an additional 600 shares during the last quarter. Finally, BNP Paribas Arbitrage SA raised its holdings in shares of Regional Management by 76.4% in the second quarter. BNP Paribas Arbitrage SA now owns 1,977 shares of the credit services provider’s stock worth $74,000 after buying an additional 856 shares during the last quarter. Hedge funds and other institutional investors own 81.30% of the company’s stock.

Regional Management Company Profile

(Get Rating)

Regional Management Corp. engages in the provision of consumer financial services. The firm’s products include small, large, and retail installment loans. It also offers optional payment and collateral protection insurance products. The company was founded by Richard A. Godley and C. Glynn Quattlebaum on March 25, 1987 and is headquartered in Greer, SC.