Shares of Regions Financial Corporation (NYSE:RF) Sees Large Outflow of Money

Regions Financial Corporation (NYSE:RF) : The total money flow in Regions Financial Corporation (NYSE:RF) was negative ($1.78 million), which signals selling by the traders on Wednesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $7.64 million. In comparison, the inflow of money into the stock on upticks was $5.87 million. The uptick to downtick ratio was 0.77. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $2.69 million. The value of transactions on uptick was $1.06 million. The negative money flow of ($1.63 million) confirms the selling in Regions Financial Corporation (NYSE:RF) on strength. The uptick to downtick ratio of block trades was 0.39. Regions Financial Corporation (NYSE:RF) gained $0.05 at $8.28, a gain of 0.55% over the previous days close. However, the stock registered -2.99% in the week.


In an insider trading activity,The officer (SEVP) of Regions Financial Corp, Jones Ellen S. sold 20,000 shares at $9.61 on May 24, 2016. The Insider selling transaction had a total value worth of $192,200. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 0.88% of Regions Financial Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -23.56% . Institutional Investors own 74.03% of Regions Financial Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -11.27%.

The company shares have dropped -20.94% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $10.87 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $9.36 and the 200 Day Moving Average price is recorded at $8.66. Regions Financial Corporation (NYSE:RF): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $8.25 and $8.22 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $8.43. The buying momentum continued till the end and the stock did not give up its gains. It closed at $8.42, notching a gain of 2.31% for the day. The total traded volume was 20,291,677 . The stock had closed at $8.23 on the previous day.

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 Companys commercial banking functions, including commercial and industrial, commercial real estate and investor real estate lending. The Consumer Bank segment represents the Companys 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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