Regional Management (NYSE:RM) Rating Lowered to Buy at StockNews.com

Regional Management (NYSE:RM - Get Free Report) was downgraded by stock analysts at StockNews.com from a "strong-buy" rating to a "buy" rating in a report issued on Friday.

Regional Management Stock Up 2.2 %

RM stock traded up $0.70 during midday trading on Friday, hitting $33.01. 15,242 shares of the company's stock were exchanged, compared to its average volume of 33,971. The firm has a 50 day moving average price of $31.40 and a 200-day moving average price of $32.19. Regional Management has a 12-month low of $25.00 and a 12-month high of $37.52. The stock has a market capitalization of $331.26 million, a price-to-earnings ratio of 7.94 and a beta of 1.27. The company has a current ratio of 44.42, a quick ratio of 44.42 and a debt-to-equity ratio of 3.94.

Regional Management (NYSE:RM - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The credit services provider reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.10. Regional Management had a net margin of 7.01% and a return on equity of 13.20%. On average, analysts anticipate that Regional Management will post 4.7 EPS for the current year.

Insiders Place Their Bets

In other Regional Management news, CEO Robert William Beck sold 13,000 shares of the 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 of the company's stock, valued at approximately $3,732,415.83. This represents a 11.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 10.50% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Regional Management

A number of institutional investors have recently modified their holdings of the business. Tower Research Capital LLC TRC boosted its stake in Regional Management by 49.9% in the fourth 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 period. BNP Paribas Financial Markets increased its position in Regional Management by 16.2% in the fourth quarter. BNP Paribas Financial Markets now owns 2,162 shares of the credit services provider's stock worth $73,000 after buying an additional 301 shares during the period. JPMorgan Chase & Co. increased its position in Regional Management by 15.6% in the third quarter. JPMorgan Chase & Co. now owns 4,233 shares of the credit services provider's stock worth $138,000 after buying an additional 572 shares during the period. SG Americas Securities LLC lifted its stake in Regional Management by 38.0% in the fourth quarter. SG Americas Securities LLC now owns 4,425 shares of the credit services provider's stock valued at $150,000 after buying an additional 1,218 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Regional Management by 8.9% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,792 shares of the credit services provider's stock valued at $163,000 after acquiring an additional 390 shares during the period. Institutional investors own 98.89% of the company's stock.

Regional Management Company Profile

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.