Tieton Capital Management Lowers stake in Regional Management Corp (RM)

Regional Management Corp (RM) : Tieton Capital Management reduced its stake in Regional Management Corp by 9.77% during the most recent quarter end. The investment management company now holds a total of 332,948 shares of Regional Management Corp which is valued at $5.3 Million after selling 36,049 shares in Regional Management Corp , the firm said in a disclosure report filed with the SEC on May 11, 2016.Regional Management Corp makes up approximately 5.36% of Tieton Capital Management’s portfolio.

Other Hedge Funds, Including , Martingale Asset Management L P reduced its stake in RM by selling 4,816 shares or 7.45% in the most recent quarter. The Hedge Fund company now holds 59,800 shares of RM which is valued at $949,026. Regional Management Corp makes up approx 0.02% of Martingale Asset Management L P’s portfolio.Blackrock Advisors boosted its stake in RM in the latest quarter, The investment management firm added 974 additional shares and now holds a total of 3,836 shares of Regional Management Corp which is valued at $60,877.Nine Chapters Capital Management boosted its stake in RM in the latest quarter, The investment management firm added 13,200 additional shares and now holds a total of 38,400 shares of Regional Management Corp which is valued at $609,408. Regional Management Corp makes up approx 0.05% of Nine Chapters Capital Management’s portfolio.Signia Capital Management boosted its stake in RM in the latest quarter, The investment management firm added 31,567 additional shares and now holds a total of 119,264 shares of Regional Management Corp which is valued at $1.9 Million. Regional Management Corp makes up approx 5.49% of Signia Capital Management’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.

Regional Management Corp opened for trading at $15.95 and hit $16.14 on the upside on Monday, eventually ending the session at $15.88, with a gain of 0.06% or 0.01 points. The heightened volatility saw the trading volume jump to 81,010 shares. Company has a market cap of $191 M.

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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