Signia Capital Management buys $1,878,408 stake in Regional Management Corp (RM)

Regional Management Corp (RM) : Signia Capital Management scooped up 31,567 additional shares in Regional Management Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 2, 2016. The investment management firm now holds a total of 119,264 shares of Regional Management Corp which is valued at $1,878,408.Regional Management Corp makes up approximately 5.49% of Signia Capital Management’s portfolio.

Regional Management Corp closed down -0.09 points or -0.57% at $15.75 with 96,524 shares getting traded on Friday. Post opening the session at $15.76, the shares hit an intraday low of $15.61 and an intraday high of $16.35 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Other Hedge Funds, Including , Rhumbline Advisers boosted its stake in RM in the latest quarter, The investment management firm added 1,375 additional shares and now holds a total of 15,452 shares of Regional Management Corp which is valued at $243,369.Prescott Group Capital Management L.l.c. boosted its stake in RM in the latest quarter, The investment management firm added 20,000 additional shares and now holds a total of 563,852 shares of Regional Management Corp which is valued at $9,314,835. Regional Management Corp makes up approx 2.18% of Prescott Group Capital Management L.l.c.’s portfolio. Russell Frank Co sold out all of its stake in RM during the most recent quarter. The investment firm sold 2,750 shares of RM which is valued $45,430. Bnp Paribas Arbitrage Sa sold out all of its stake in RM during the most recent quarter. The investment firm sold 1,037 shares of RM which is valued $18,604.

Regional Management Corp. (Regional) is a diversified specialty consumer finance company. The Company provides a range of loan products primarily to customers with limited access to consumer credit from banks thrifts credit card companies and other traditional lenders. It offers small loans large loans automobile loans retail loans and optional insurance products. The Company offers small loans ranging from $500 to $2500 through its branches as well as convenience check program. It offers large loans through its branches ranging from $2501 to $20000. The Company offers automobile loans of up to $27500 with terms of between 36 and 72 months. It markets and sells optional credit life insurance credit accident and health insurance and involuntary unemployment insurance products.

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