Regional Management (NYSE:RM) Upgraded at Wall Street Zen

Key Points

• Regional Management was upgraded from a "buy" to a "strong-buy" rating by analysts at Wall Street Zen, indicating increased confidence in the company's performance.
• Keefe, Bruyette & Woods lowered their target price for Regional Management from $33.00 to $30.00, maintaining a "market perform" rating, which may reflect concerns regarding its future growth.
• The company reported an EPS of $1.03 for the last quarter, surpassing analyst expectations of $0.72 and indicating strong financial health despite rating fluctuations.

Regional Management (NYSE:RM - Get Free Report) was upgraded by analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research report issued on Sunday.

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

Regional Management Trading Down 1.1%

RM opened at $32.87 on Friday. Regional Management has a fifty-two week low of $25.41 and a fifty-two week high of $37.52. The company has a debt-to-equity ratio of 4.11, a current ratio of 45.13 and a quick ratio of 45.13. The firm has a market capitalization of $326.07 million, a price-to-earnings ratio of 9.47 and a beta of 1.25. The company's 50 day moving average price is $30.01 and its two-hundred day moving average price is $31.32.

Regional Management (NYSE:RM - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The credit services provider reported $1.03 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.31. Regional Management had a net margin of 5.68% and a return on equity of 10.96%. The company had revenue of $157.44 million for the quarter, compared to analyst estimates of $155.22 million. As a group, research analysts predict that Regional Management will post 4.7 earnings per share for the current year.

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 shares were sold at an average price of $30.39, for a total value of $187,202.40. Following the transaction, the chief executive officer directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Fund L.P. Forager bought 12,754 shares of the company's stock in a transaction on Tuesday, June 10th. The stock was bought at an average price of $28.20 per share, for a total transaction of $359,662.80. Following the completion of the purchase, the insider owned 1,016,236 shares of the company's stock, valued at approximately $28,657,855.20. The trade was a 1.27% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 36,082 shares of company stock worth $1,022,745. Corporate insiders own 10.80% of the company's stock.

Hedge Funds Weigh In On Regional Management

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RM. US Bancorp DE purchased a new stake in shares of Regional Management in the first quarter worth about $31,000. Tower Research Capital LLC TRC lifted its holdings in shares of 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 worth $35,000 after buying an additional 339 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Regional Management by 8.9% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,792 shares of the credit services provider's stock worth $163,000 after buying an additional 390 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in shares of Regional Management by 3,899.2% in the first quarter. GAMMA Investing LLC now owns 5,119 shares of the credit services provider's stock worth $170,000 after buying an additional 4,991 shares in 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.

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