Regions Financial Co. (NYSE:RF) Holdings Raised by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG boosted its stake in shares of Regions Financial Co. (NYSE:RF - Free Report) by 43.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 211,643 shares of the bank's stock after buying an additional 63,720 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Regions Financial were worth $4,980,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. LBP AM SA increased its holdings in Regions Financial by 149.4% during the 4th quarter. LBP AM SA now owns 730,614 shares of the bank's stock valued at $17,184,000 after acquiring an additional 437,691 shares in the last quarter. Aigen Investment Management LP acquired a new stake in Regions Financial during the 4th quarter valued at $1,965,000. Aprio Wealth Management LLC purchased a new position in Regions Financial during the fourth quarter worth $1,247,000. Nordea Investment Management AB increased its position in Regions Financial by 60.4% during the fourth quarter. Nordea Investment Management AB now owns 263,131 shares of the bank's stock worth $6,220,000 after buying an additional 99,115 shares in the last quarter. Finally, Vest Financial LLC raised its holdings in shares of Regions Financial by 20.4% in the fourth quarter. Vest Financial LLC now owns 1,479,865 shares of the bank's stock worth $34,806,000 after acquiring an additional 250,729 shares during the last quarter. 79.39% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Regions Financial

In other news, Director Joia M. Johnson bought 2,300 shares of the firm's stock in a transaction on Tuesday, March 11th. The stock was purchased at an average price of $21.18 per share, for a total transaction of $48,714.00. Following the transaction, the director now owns 17,486 shares in the company, valued at approximately $370,353.48. This trade represents a 15.15 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. In the last ninety days, insiders have purchased 3,868 shares of company stock worth $86,722. 0.29% of the stock is currently owned by company insiders.

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Regions Financial Stock Performance

Shares of RF stock traded down $1.01 on Friday, hitting $18.61. 11,487,463 shares of the stock traded hands, compared to its average volume of 7,860,153. The company's fifty day moving average is $23.00 and its 200 day moving average is $23.90. Regions Financial Co. has a 1-year low of $17.72 and a 1-year high of $27.96. The company has a market capitalization of $16.85 billion, a PE ratio of 9.58, a PEG ratio of 1.93 and a beta of 1.19. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.84 and a quick ratio of 0.83.

Regions Financial (NYSE:RF - Get Free Report) last posted its quarterly earnings results on Friday, January 17th. The bank reported $0.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.55 by $0.01. Regions Financial had a net margin of 20.20% and a return on equity of 12.83%. The company had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.86 billion. During the same period last year, the firm posted $0.39 EPS. The company's revenue for the quarter was up .2% on a year-over-year basis. On average, equities research analysts predict that Regions Financial Co. will post 2.26 earnings per share for the current fiscal year.

Regions Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 3rd were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 5.37%. The ex-dividend date of this dividend was Monday, March 3rd. Regions Financial's dividend payout ratio (DPR) is presently 51.55%.

Analyst Ratings Changes

A number of research firms recently commented on RF. JPMorgan Chase & Co. decreased their price objective on Regions Financial from $26.00 to $23.00 and set a "neutral" rating on the stock in a research note on Thursday. Truist Financial cut their target price on Regions Financial from $26.00 to $24.00 and set a "hold" rating on the stock in a research report on Friday, March 21st. Compass Point lifted their price target on shares of Regions Financial from $25.00 to $31.00 and gave the company a "buy" rating in a research report on Tuesday, December 10th. Citigroup lowered their target price on Regions Financial from $28.00 to $25.00 and set a "buy" rating for the company in a research note on Monday, March 24th. Finally, Morgan Stanley reissued an "equal weight" rating and set a $32.00 target price (up from $28.00) on shares of Regions Financial in a research report on Monday, December 9th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $26.95.

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.