Regional Management (NYSE:RM) Shares Pass Above 200 Day Moving Average - Time to Sell?

Regional Management Corp. (NYSE:RM - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $31.36 and traded as high as $33.03. Regional Management shares last traded at $32.22, with a volume of 40,571 shares traded.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Wall Street Zen lowered Regional Management from a "buy" rating to a "hold" rating in a research report on Friday, July 18th. Keefe, Bruyette & Woods decreased their price objective on shares of Regional Management from $33.00 to $30.00 and set a "market perform" rating for the company in a research note on Friday, May 2nd.

Regional Management Stock Down 0.3%

The stock has a market capitalization of $317.44 million, a price-to-earnings ratio of 9.70 and a beta of 1.18. The company has a quick ratio of 45.13, a current ratio of 45.13 and a debt-to-equity ratio of 4.11. The firm has a 50-day moving average of $29.55 and a two-hundred day moving average of $31.36.

Regional Management (NYSE:RM - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The credit services provider reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.03. The firm 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 10.57% and a net margin of 5.53%. As a group, sell-side analysts anticipate that Regional Management Corp. will post 4.7 earnings per share for the current year.

Regional Management Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 11th. Shareholders of record on Wednesday, May 21st were paid a $0.30 dividend. The ex-dividend date was Wednesday, May 21st. This represents a $1.20 dividend on an annualized basis and a yield of 3.75%. Regional Management's dividend payout ratio (DPR) is currently 36.36%.

Insider Transactions at Regional Management

In other Regional Management news, CEO Robert William Beck sold 6,160 shares of the business's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $30.39, for a total value of $187,202.40. Following the transaction, the chief executive officer owned 89,673 shares in the company, valued at $2,725,162.47. The trade was a 6.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder Fund L.P. Forager bought 12,754 shares of the stock in a transaction on Tuesday, June 10th. The stock was purchased at an average price of $28.20 per share, for a total transaction of $359,662.80. Following the purchase, the insider directly owned 1,016,236 shares of the company's stock, valued at approximately $28,657,855.20. This represents a 1.27% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired 36,082 shares of company stock worth $1,022,745 in the last 90 days. Corporate insiders own 10.80% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of RM. US Bancorp DE acquired a new position in shares of Regional Management during the 1st quarter valued at about $31,000. Tower Research Capital LLC TRC increased 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 valued at $35,000 after acquiring an additional 339 shares during the last quarter. BNP Paribas Financial Markets increased 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 valued at $73,000 after acquiring an additional 301 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Regional Management by 8.9% during the 4th 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 last quarter. Finally, GAMMA Investing LLC increased its holdings in shares of Regional Management by 3,899.2% during the 1st quarter. GAMMA Investing LLC now owns 5,119 shares of the credit services provider's stock valued at $170,000 after acquiring an additional 4,991 shares during the last quarter. Hedge funds and other institutional investors own 98.89% of the company's stock.

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.