Banco Bilbao Vizcaya Argentaria S.A. Has $4.14 Million Stock Position in Regions Financial Co. (NYSE:RF)

Banco Bilbao Vizcaya Argentaria S.A. boosted its holdings in shares of Regions Financial Co. (NYSE:RF - Free Report) by 216.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 175,831 shares of the bank's stock after acquiring an additional 120,301 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Regions Financial were worth $4,137,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Y.D. More Investments Ltd grew its position in shares of Regions Financial by 122.9% in the 4th quarter. Y.D. More Investments Ltd now owns 1,150 shares of the bank's stock valued at $27,000 after purchasing an additional 634 shares during the period. Sierra Ocean LLC bought a new stake in shares of Regions Financial during the fourth quarter worth $28,000. Picton Mahoney Asset Management raised its holdings in shares of Regions Financial by 2,354.9% during the fourth quarter. Picton Mahoney Asset Management now owns 1,252 shares of the bank's stock worth $29,000 after acquiring an additional 1,201 shares during the period. Millstone Evans Group LLC bought a new stake in Regions Financial in the 4th quarter valued at $32,000. Finally, Creative Capital Management Investments LLC acquired a new position in Regions Financial in the 4th quarter worth $44,000. 79.39% of the stock is owned by institutional investors and hedge funds.

Regions Financial Stock Performance

Shares of NYSE:RF traded up $0.16 on Monday, hitting $20.44. The company had a trading volume of 5,151,185 shares, compared to its average volume of 8,095,718. The stock has a market cap of $18.51 billion, a price-to-earnings ratio of 10.54, a P/E/G ratio of 1.93 and a beta of 1.01. The stock has a 50 day moving average price of $21.08 and a 200 day moving average price of $23.44. Regions Financial Co. has a 1-year low of $17.72 and a 1-year high of $27.96. The company has a current ratio of 0.84, a quick ratio of 0.83 and a debt-to-equity ratio of 0.37.

Regions Financial (NYSE:RF - Get Free Report) last announced its quarterly earnings results on Thursday, April 17th. The bank reported $0.54 EPS for the quarter, beating analysts' consensus estimates of $0.51 by $0.03. Regions Financial had a net margin of 20.20% and a return on equity of 12.83%. The business had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same quarter in the prior year, the business earned $0.37 EPS. Analysts expect that Regions Financial Co. will post 2.26 EPS for the current year.

Regions Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Friday, May 2nd will be paid a $0.25 dividend. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $1.00 annualized dividend and a yield of 4.89%. Regions Financial's dividend payout ratio (DPR) is presently 48.08%.

Analysts Set New Price Targets

A number of analysts have recently commented on RF shares. Barclays cut their price target on Regions Financial from $26.00 to $24.00 and set an "underweight" rating on the stock in a report on Monday, April 21st. Stephens reduced their price target on Regions Financial from $26.00 to $24.00 and set an "overweight" rating for the company in a research report on Monday, April 21st. Wells Fargo & Company cut their price objective on shares of Regions Financial from $28.00 to $26.00 and set an "equal weight" rating on the stock in a research report on Friday, March 28th. Keefe, Bruyette & Woods decreased their target price on shares of Regions Financial from $28.00 to $26.00 and set an "outperform" rating for the company in a research report on Monday, April 21st. Finally, The Goldman Sachs Group cut their price target on shares of Regions Financial from $28.00 to $25.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, Regions Financial presently has an average rating of "Moderate Buy" and an average target price of $25.53.

Insider Buying and Selling at Regions Financial

In other Regions Financial news, Director Joia M. Johnson bought 2,300 shares of the firm's stock in a transaction on Tuesday, March 11th. The shares were purchased at an average price of $21.18 per share, for a total transaction of $48,714.00. Following the transaction, the director now directly owns 17,486 shares in the company, valued at approximately $370,353.48. This trade represents a 15.15 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.29% of the company's stock.

About Regions Financial

Regions Financial Corporation, a financial holding company, provides banking and bank-related services to individual and corporate customers. It operates through three segments: Corporate Bank, Consumer Bank, and Wealth Management. The Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending; equipment lease financing; deposit products; and securities underwriting and placement, loan syndication and placement, foreign exchange, derivatives, merger and acquisition, and other advisory services.