Twin Lions Management LLC Buys New Position in Regional Management Corp. (NYSE:RM)

Twin Lions Management LLC purchased a new stake in shares of Regional Management Corp. (NYSE:RM - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 328,336 shares of the credit services provider's stock, valued at approximately $11,157,000. Regional Management accounts for about 10.8% of Twin Lions Management LLC's portfolio, making the stock its 6th biggest holding. Twin Lions Management LLC owned about 3.23% of Regional Management at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Tower Research Capital LLC TRC raised its position in shares of Regional Management by 49.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,019 shares of the credit services provider's stock valued at $35,000 after acquiring an additional 339 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Regional Management by 15.6% during the third quarter. JPMorgan Chase & Co. now owns 4,233 shares of the credit services provider's stock worth $138,000 after purchasing an additional 572 shares during the period. SG Americas Securities LLC grew its stake in shares of Regional Management by 38.0% during the fourth quarter. SG Americas Securities LLC now owns 4,425 shares of the credit services provider's stock worth $150,000 after purchasing an additional 1,218 shares during the period. State of Tennessee Department of Treasury bought a new stake in Regional Management in the fourth quarter valued at about $183,000. Finally, Wells Fargo & Company MN lifted its stake in Regional Management by 40.1% in the fourth quarter. Wells Fargo & Company MN now owns 5,575 shares of the credit services provider's stock valued at $189,000 after buying an additional 1,597 shares during the period. Institutional investors own 98.89% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com lowered Regional Management from a "strong-buy" rating to a "buy" rating in a research report on Friday, April 18th.

Regional Management Trading Down 0.0 %

RM traded down $0.01 during mid-day trading on Friday, hitting $33.54. The stock had a trading volume of 18,796 shares, compared to its average volume of 34,190. The stock's fifty day simple moving average is $31.23 and its 200-day simple moving average is $32.24. The firm has a market capitalization of $336.61 million, a price-to-earnings ratio of 8.06 and a beta of 1.27. Regional Management Corp. has a 1-year low of $25.00 and a 1-year high of $37.52. The company has a debt-to-equity ratio of 3.94, a current ratio of 44.42 and a quick ratio of 44.42.

Regional Management (NYSE:RM - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The credit services provider reported $0.98 EPS for the quarter, beating analysts' consensus estimates of $0.88 by $0.10. Regional Management had a net margin of 7.01% and a return on equity of 13.20%. As a group, research analysts forecast that Regional Management Corp. will post 4.7 EPS for the current fiscal year.

Regional Management Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.58%. The ex-dividend date was Thursday, February 20th. Regional Management's dividend payout ratio is currently 28.85%.

Insider Activity

In related news, CEO Robert William Beck sold 13,000 shares of the firm's stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $36.71, for a total transaction of $477,230.00. Following the sale, the chief executive officer now directly owns 101,673 shares in the company, valued at $3,732,415.83. This trade represents a 11.34 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 10.50% of the stock is currently owned by company insiders.

About Regional Management

Regional Management Corp., a diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States. It offers small and large installment loans; and retail loans to finance the purchase of furniture, appliances, and other retail products.