Regional Management (NYSE:RM) was downgraded by equities research analysts at ValuEngine from a “strong-buy” rating to a “buy” rating in a research note issued on Saturday.

A number of other brokerages have also weighed in on RM. BMO Capital Markets restated a “hold” rating and issued a $32.00 price objective on shares of Regional Management in a report on Monday, January 8th. Jefferies Group restated a “buy” rating and issued a $33.00 price objective on shares of Regional Management in a report on Thursday. Zacks Investment Research upgraded shares of Regional Management from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a report on Wednesday. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $27.00 target price on shares of Regional Management in a research note on Friday, December 22nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $29.00.

Shares of Regional Management (NYSE:RM) traded up $0.70 during midday trading on Friday, reaching $28.26. 121,635 shares of the company were exchanged, compared to its average volume of 68,323. Regional Management has a 52 week low of $18.31 and a 52 week high of $28.30. The stock has a market cap of $321.54, a price-to-earnings ratio of 13.02 and a beta of 1.38. The company has a debt-to-equity ratio of 2.34, a quick ratio of 39.39 and a current ratio of 39.39.

In related news, major shareholder Basswood Capital Management, L bought 13,786 shares of the firm’s stock in a transaction on Tuesday, January 2nd. The stock was acquired at an average cost of $26.31 per share, for a total transaction of $362,709.66. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. 9.50% of the stock is currently owned by insiders.

Large investors have recently bought and sold shares of the company. Hancock Holding Co. purchased a new stake in shares of Regional Management in the 2nd quarter worth $217,000. The Manufacturers Life Insurance Company increased its stake in shares of Regional Management by 6.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 9,194 shares of the credit services provider’s stock worth $218,000 after purchasing an additional 554 shares in the last quarter. Tudor Investment Corp ET AL purchased a new stake in shares of Regional Management in the 2nd quarter worth $219,000. Russell Investments Group Ltd. increased its stake in shares of Regional Management by 22.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 11,930 shares of the credit services provider’s stock worth $281,000 after purchasing an additional 2,219 shares in the last quarter. Finally, GSA Capital Partners LLP purchased a new stake in shares of Regional Management in the 2nd quarter worth $367,000. Hedge funds and other institutional investors own 86.40% of the company’s stock.

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Regional Management Company Profile

Regional Management Corp. is a diversified consumer finance company. The Company provides an array of loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies and other traditional lenders. Its products include small loans, large loans, automobile loans, retail loans, and optional payment and collateral protection insurance products.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Regional Management (NYSE:RM)

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