Regions Financial Corp (RF) Files Form 4 Insider Selling : Ellen S. Jones Sells 20,000 Shares

Regions Financial Corp (RF): Ellen S. Jones , SEVP of Regions Financial Corp sold 20,000 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $9.61 per share for a total value of $192,200.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 26, 2016, Ellen S. Jones (SEVP) sold 20,000 shares at $9.61 per share price.On Mar 4, 2016, Susan W Matlock (director) sold 26,000 shares at $8.10 per share price.Also, On Dec 2, 2015, Cynthia M. Rogers (SEVP) sold 9,500 shares at $10.21 per share price.On Aug 18, 2015, Lee J Iii Styslinger (director) sold 10,000 shares at $10.52 per share price.

Regions Financial Corp: On Wednesday, May 25, 2016 heightened volatility was witnessed in Regions Financial Corp which led to swings in the share price. The shares opened for trading at $9.73 and hit $9.9 on the upside , eventually ending the session at $9.85, with a gain of 2.07% or 0.2 points. The heightened volatility saw the trading volume jump to 1,74,12,576 shares. The 52-week high of the share price is $10.865 and the company has a market cap of $12,477 M . The 52-week low of the share price is at $7.

Regions Financial Corp Money Flow Index Chart

On Apr 21, 2016, Regions Financial Corp announced a cash dividend of $0.0650. The company’s management has announced Jun 8, 2016 as the ex-dividend date and fixed the record date on Jun 10, 2016. The payable date has been fixed on Jul 1, 2016.

Company has been under the radar of several Street Analysts.Regions Financial Corp is Reiterated by Compass Point to Buy while Lowering the Price Target of the company shares to $ 11.50 from a previous price target of $12 . The Rating was issued on May 19, 2016.Regions Financial Corp is Downgraded by Keefe Bruyette to Underperform while Lowering the Price Target of the company shares to $ 9.50 from a previous price target of $10 . Earlier the firm had a rating of Mkt Perform on the company shares. The Rating was issued on May 16, 2016.Regions Financial Corp is Upgraded by FBR Capital to Outperform and the brokerage firm has set the Price Target at $10.50. Earlier the firm had a rating of Mkt Perform on the company shares. The Rating was issued on Apr 19, 2016.Regions Financial Corp is Downgraded by Macquarie to Neutral. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 1, 2016.

Regions Financial Corporation is a financial holding company. The Company conducts its banking operations through Regions Bank an Alabama state-chartered commercial bank which is a member of the Federal Reserve System. The Company carries out its business in three segments: Corporate Bank Consumer Bank and Wealth Management. The Corporate Bank segment represents the Company’s commercial banking functions including commercial and industrial commercial real estate and investor real estate lending. The Consumer Bank segment represents the Company’s branch network including consumer banking products and services related to residential first mortgages home equity lines and loans and small business loans among others. The Wealth Management segment offers individuals businesses Governmental institutions and non-profit entities a range of solutions to enable transfer of wealth.

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Regions Financial Corp - Is it time to Sell?

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