Regions Financial Corporation (NYSE:RF) marched up 29.54% compared to a 52-week low price of $12.39. The shares were last seen trading 1.52% higher, taking the closing price at $16.05 on 7/30/2019. At a recent session, the prices were hovering between $15.64 and $16.07. This company shares are 5.23% off its target price of $16.89 and the current market capitalization stands at $16.35B. The recent change has given its price a 9.18% lead over SMA 50 and -19.71% deficit over its 52-week high. The stock witnessed 7.43% gains, 3.35% gains and 3.35% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found RF’s volatility during a week at 2.59% and during a month it has been found around 2.22%.

What Does Regions Financial Corporation (RF) Do?

The company describes itself in regulatory filings as, “Regions Financial Corp. operates as a bank holding company. It provides traditional commercial, retail and mortgage banking services, as well as other financial services in the fields of investment banking, asset management, trust, mutual funds, securities brokerage, insurance and other specialty financing. The company operates through the following segments: Corporate Bank, Consumer Bank, and Wealth Management. The Corporate Bank segment represents the company’s commercial banking functions including commercial and industrial, commercial real estate and investor real estate lending. The Consumer Bank segment holds the company’s 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. The Wealth Management segment offers individuals, businesses, governmental institutions and non-profit entities a range of solutions to help protect grow and transfer wealth. Regions Financial was founded in 1971 and is headquartered in Birmingham, AL.” [Text can be found here: https://www.marketwatch.com/investing/stock/RF/profile under company description.]

Regions Financial Corporation (RF) Top Holders

Institutional investors currently hold around $11.62 billion or 74.9% in RF stock. Look at its top three institutional owners: Vanguard Group Inc owns $1.97 billion in Regions Financial Corporation, which represents roughly 12.03% of the company’s market cap and approximately 16.93% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 83,008,412 shares of the stock are valued at $1.31 billion. The third largest holder is State Street Corp, which currently holds $850.68 million worth of this stock and that ownership represents nearly 5.2% of its market capitalization.

Regions Financial Corporation 13F Filings

At the end of March reporting period, 324 institutional holders increased their position in Regions Financial Corporation (NYSE:RF) by some 51,720,244 shares, 329 decreased positions by 74,967,986 and 122 held positions by 608,044,031. That puts total institutional holdings at 734,732,261 shares, according to SEC filings. The stock grabbed 74 new institutional investments totaling 9,767,551 shares while 64 institutional investors sold out their entire positions totaling 15,767,478 shares.

Regions Financial Corporation (NYSE:RF) Insider Trades

Multiple company employees have indulged in significant insider trading. Regions Financial Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that SEVP Keenan David R. has sold 30,877 shares of Regions Financial Corporation (RF) in the trading session dated Apr. 26, 2019. These shares are worth $478,594 and were traded at $15.5 each. The SEC filing shows that Owen John B performed a sale of 61,756 shares. The SEVP & COO disposed these shares by way of transaction on Apr. 23, 2019. The company’s shares were given away at $15.25 per share worth to an income of some $941,779 to the account of Owen John B.

SEVP, Peters Scott M., sold 30,877 common shares of Regions Financial Corporation (RF) in the open market. In a transaction dated Apr. 23, 2019, the shares were put up for sale at an average price of $15.19, raking in a sum of $469,022. After this sale, 104,636 common shares of RF are directly owned by the insider, with total stake valued at $1,679,411.

In the transaction dated Jul. 31, 2018, a great number of shares sold came courtesy the SEVP; Herron C. Keith disposed a total of 23,186 shares at an average price of $18.76, amounting to approximately $434,969. The insider now directly owns 236,303 shares worth $3,792,667.

Regions Financial Corporation (RF) Analyst Guide

Several analysts have released their opinion on Regions Financial Corporation (NYSE:RF), with 5 analysts believing it is a strong buy. Whereas 14 of them predict the stock is a hold. Also, there are 6 buy, 2 sell and 0 strong sell ratings, collectively assigning a 2.48 average brokerage recommendation [T1].