Regional Management (NYSE:RM) Downgraded to "Buy" Rating by StockNews.com

StockNews.com downgraded shares of Regional Management (NYSE:RM - Free Report) from a strong-buy rating to a buy rating in a research note published on Sunday morning.

Separately, Keefe, Bruyette & Woods decreased their price target on shares of Regional Management from $33.00 to $30.00 and set a "market perform" rating on the stock in a research note on Friday, May 2nd.

Regional Management Stock Performance

RM traded up $0.19 on Friday, reaching $29.09. The company had a trading volume of 5,122 shares, compared to its average volume of 48,157. The stock has a market cap of $291.92 million, a P/E ratio of 6.99 and a beta of 1.25. The company has a debt-to-equity ratio of 3.94, a quick ratio of 44.42 and a current ratio of 44.42. Regional Management has a fifty-two week low of $25.41 and a fifty-two week high of $37.52. The company's fifty day moving average is $30.55 and its 200 day moving average is $32.17.

Regional Management (NYSE:RM - Get Free Report) last announced its earnings results on Wednesday, April 30th. The credit services provider reported $0.70 earnings per share for the quarter, topping analysts' consensus estimates of $0.67 by $0.03. The company had revenue of $152.97 million for the quarter, compared to analyst estimates of $153.59 million. Regional Management had a return on equity of 13.20% and a net margin of 7.01%. As a group, analysts predict that Regional Management will post 4.7 earnings per share for the current fiscal year.

Regional Management Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Wednesday, May 21st will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 4.13%. The ex-dividend date of this dividend is Wednesday, May 21st. Regional Management's dividend payout ratio is currently 36.36%.

Institutional Trading of Regional Management

A number of institutional investors and hedge funds have recently made changes to their positions in the company. US Bancorp DE acquired a new position in Regional Management during the first quarter valued at approximately $31,000. Tower Research Capital LLC TRC raised its holdings 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 worth $35,000 after buying an additional 339 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in shares of Regional Management by 16.2% during the 4th 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 in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Regional Management by 15.6% during the 3rd 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 last quarter. Finally, SG Americas Securities LLC grew its position 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 acquiring an additional 1,218 shares during the last quarter. 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.