Regional Management Corp. (RM) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Regional Management Corp. (NYSE:RM) have received an average recommendation of “Hold” from the nine ratings firms that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $26.00.

A number of analysts recently weighed in on the company. ValuEngine upgraded Regional Management from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 1st. Zacks Investment Research cut Regional Management from a “hold” rating to a “sell” rating in a research note on Tuesday, November 14th. BMO Capital Markets reaffirmed a “hold” rating and issued a $25.00 price target on shares of Regional Management in a research note on Sunday, November 12th. Stephens assumed coverage on Regional Management in a research note on Wednesday, August 23rd. They issued an “equal weight” rating and a $25.00 price target on the stock. Finally, BidaskClub cut Regional Management from a “sell” rating to a “strong sell” rating in a research note on Monday, August 14th.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Second Curve Capital LLC increased its stake in shares of Regional Management by 67.5% during the third quarter. Second Curve Capital LLC now owns 633,034 shares of the credit services provider’s stock valued at $15,326,000 after buying an additional 255,000 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Regional Management by 4.9% during the third quarter. Dimensional Fund Advisors LP now owns 835,364 shares of the credit services provider’s stock valued at $20,224,000 after purchasing an additional 38,978 shares in the last quarter. Russell Investments Group Ltd. boosted its position in shares of Regional Management by 43.9% during the third quarter. Russell Investments Group Ltd. now owns 17,166 shares of the credit services provider’s stock valued at $415,000 after purchasing an additional 5,236 shares in the last quarter. Prudential Financial Inc. boosted its position in shares of Regional Management by 6.2% during the third quarter. Prudential Financial Inc. now owns 84,345 shares of the credit services provider’s stock valued at $2,042,000 after purchasing an additional 4,952 shares in the last quarter. Finally, American Century Companies Inc. boosted its position in shares of Regional Management by 8.0% during the third quarter. American Century Companies Inc. now owns 180,253 shares of the credit services provider’s stock valued at $4,364,000 after purchasing an additional 13,351 shares in the last quarter. 86.40% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Regional Management (NYSE:RM) opened at $23.75 on Thursday. The firm has a market capitalization of $276.74, a P/E ratio of 10.14 and a beta of 1.38. Regional Management has a 12-month low of $18.31 and a 12-month high of $27.56. The company has a debt-to-equity ratio of 2.34, a current ratio of 39.39 and a quick ratio of 39.39.

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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.

Analyst Recommendations for Regional Management (NYSE:RM)

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