Baird Upgraded Regions Financial (NYSE:RF)’s Rating.

June 29, 2018 - By Robert Case

Regions Financial Corporation (NYSE:RF) Corporate Logo

During Q1 2018 the big money sentiment decreased to 0.88. That’s change of 0.30, from 2017Q4’s 1.18. 43 investors sold all, 221 reduced holdings as Regions Financial Corporation ratio is negative. 155 increased positions while 76 funds amassed positions. Funds hold 818.43 million shares thus 0.62% less from 2017Q4’s 823.54 million shares.

Assetmark Incorporated holds 0% or 20,180 shs in its capital. Bancorporation holds 27,478 shs or 0.01% of its capital. Hartford Financial Management Incorporated, Connecticut-based fund reported 5,700 shs. Pictet Asset Mngmt Ltd has 0.03% invested in Regions Financial Corporation (NYSE:RF). Cleararc Capital Incorporated invested in 0.08% or 28,691 shs. Pension Serv invested in 1.21 million shs. Glob X Mngmt Llc accumulated 48,947 shs. Balyasny Asset Mngmt Limited Liability Com reported 0.8% in Regions Financial Corporation (NYSE:RF). Kings Point Capital reported 648 shs stake. Barometer Capital Mgmt holds 1.18% of its capital in Regions Financial Corporation (NYSE:RF) for 752,400 shs. Signaturefd Ltd Liability Corp has invested 0.02% of its capital in Regions Financial Corporation (NYSE:RF). 7,177 were reported by Stratos Wealth Ptnrs Limited. Livingston Asset (Operating As Southport Cap Management) accumulated 0.16% or 19,365 shs. State Treasurer State Of Michigan stated it has 0.05% of its capital in Regions Financial Corporation (NYSE:RF). Chevy Chase Tru holds 0.08% or 960,253 shs.

Baird Improved Regions Financial (NYSE:RF)’s Rating to “Neutral”.

Baird increased Regions Financial (NYSE:RF)‘s rating on 28 June. The boost was from “Underperform” to “Neutral”.

Regions Financial Corporation (NYSE:RF) Ratings Coverage

Total analysts of 13 have positions in Regions Financial (NYSE:RF) as follows: 4 rated it a “Buy”, 1 with “Sell” and 8 with “Hold”. The positive are 31%. Since January 2, 2018 according to StockzIntelligence Inc Regions Financial has 23 analyst reports. On Tuesday, January 2 the firm has “Sell” rating given by Robert W. Baird. On Sunday, January 21 the stock of Regions Financial Corporation (NYSE:RF) earned “Hold” rating by Jefferies. On Friday, January 19 the rating was maintained by Susquehanna with “Hold”. On Tuesday, April 24 the stock of Regions Financial Corporation (NYSE:RF) has “Neutral” rating given by B. Riley & Co. On Friday, January 19 RBC Capital Markets maintained Regions Financial Corporation (NYSE:RF) with “Hold” rating. On Friday, February 2 the stock of Regions Financial Corporation (NYSE:RF) has “Equal-Weight” rating given by Morgan Stanley. On Monday, January 8 SunTrust maintained Regions Financial Corporation (NYSE:RF) with “Buy” rating. In Sunday, April 22 report Keefe Bruyette & Woods maintained it with “Hold” rating and $20.5000 target. On Thursday, June 28 the firm has “Neutral” rating given by Robert W. Baird. On Tuesday, April 24 the stock of Regions Financial Corporation (NYSE:RF) earned “Hold” rating by FBR Capital.

RF is touching $18.295 during the last trading session, after increased 1.70%.Currently Regions Financial Corporation is uptrending after 33.12% change in last June 29, 2017. RF has 5.84M shares volume. RF outperformed the S&P500 by 20.55%.

Earnings report for Regions Financial Corporation (NYSE:RF) is awaited on July, 20., RTT reports. Analysts expect change of 32.00 % or $0.08 from previous year’s $0.25 earnings per share compared to current’s $0.33 earnings per share. If earnings per share of $0.33 is reported the profit of RF could hit $370.64M giving it 13.86 P/E. Wall Street now predicts -5.71 % negative EPS growth despite Regions Financial Corporation last quarter’s EPS of $0.35.

Regions Financial Corporation, together with its subsidiaries, provides banking and bank-related services to individual and corporate clients in the United States.The company has $20.55 billion market cap. The Company’s Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending, as well as equipment lease financing services and corresponding deposits.The P/E ratio is 18.2. This segment serves corporate, middle market, and commercial real estate developers and investors.

For more Regions Financial Corporation (NYSE:RF) news brought out recently go to: Livetradingnews.com, 247Wallst.com, Streetinsider.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Wall Street’s Top Analysts Upgrades, Downgrades & Initiations” brought out on June 29, 2018, “Top Analyst Upgrades and Downgrades: CBS, Disney, Regions Financial, Salesforce, T-Mobile and Many More” on June 28, 2018, “UPDATE: Baird Upgrades Regions Financial (RF) to Neutral” with a publish date: June 28, 2018, “Banks report dividend boost, buybacks on no objection to its capital plan” and the last “Federal Reserve objects to Deutsche Bank USA’s capital return plan” with publication date: June 28, 2018.

Regions Financial Corporation (NYSE:RF) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.