The shares of Regions Financial Corporation (NYSE:RF) has been pegged with a rating of Underperform by Macquarie in its latest research note that was published on April 23rd, 2019. Macquarie wasn’t the only research firm that published a report of Regions Financial Corporation, with other equities research analysts also giving their opinion on the stock. Nomura advised investors in its research note published on March 29th, 2019, to Neutral the RF stock while also putting a $14 price target. The stock had earned Buy rating from Sandler O’Neill when it published its report on March 25th, 2019. The stock was given Hold rating by Sandler O’Neill in its report released on February 28th, 2019. Credit Suisse was of a view that RF is Neutral in its latest report on February 11th, 2019 while giving it a price target of $17. Wedbush thinks that RF is worth Neutral rating. This was contained in the firm’s report on February 4th, 2019.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 14 believe it has the potential for further growth, thus rating it as Hold while 5 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $17.08. The price of the stock the last time has raised by 15.58% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 35.18.
The shares of the company dipped by -1.51% during the trading session on Wednesday, reaching a low of $14.06 while ending the day at $14.32. During the trading session, a total of 9.89 million shares were traded which represents a 22.19% incline from the average session volume which is 12.71M shares. RF had ended its last session trading at 14.54. Regions Financial Corporation currently has a market cap of $14.60B, while its P/E ratio stands at 10.61, while its P/E earnings growth sits at 3.22, with a beta of 1.52. Regions Financial Corporation debt-to-equity ratio currently stands at 0.41, while its quick ratio hovers at . RF 52-week low price stands at $12.39 while its 52-week high price is $19.99.
The company in its last quarterly report recorded $0.37 earnings per share which is below the $0.37 predicted by most analysts. The Regions Financial Corporation generated $1,450.00 million in revenue during the last quarter, which is slightly lower than the $1,456.99 million predicted by analysts. In the second quarter last year, the firm recorded $0.37 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by 0%. Regions Financial Corporation has the potential to record 1.35 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Jefferies published a research note on July 18th, 2018 where it informed investors and clients that Avon Products, Inc. (NYSE:AVP) is now rated as Hold. Nomura also rated AVP as Upgrade on March 29th, 2019, with its price target of $27 suggesting that AVP could down by -8.03% from its current share price. Even though the stock has been trading at $3.19/share, analysts expect it to surge higher by 1.25% to reach $2.99/share. It started the day trading at $3.28 and traded between $3.14 and $3.23 throughout the trading session.
A look at its technical shows that AVP’s 50-day SMA is 2.93 while its 200-day SMA stands at 2.28. At the moment, only of Avon Products, Inc. shares were sold short. The company’s average trading volume currently stands at 7.18M shares, which means that the short-interest ratio is just 2.20 days. Over the past seven days, the company moved, with its shift of 10.24%. Looking further, the stock has raised 11.38% over the past 90 days while it gained 60.70% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. BlackRock Fund Advisors bought more AVP shares, increasing its portfolio by +1.55% during the last quarter. This move now sees BlackRock Fund Advisors purchasing 644,917 shares in the last quarter, thus it now holds 42,246,986 shares of AVP, with a total valuation of $134,345,415. Miller Value Partners LLC meanwhile bought more AVP shares in the recently filed quarter, changing its stake to $90,348,929 worth of shares. Fidelity Management Research Co followed the path by decreasing its AVP portfolio by -33.35% in the quarter. This means that Fidelity Management Research Co sold -8,358,076 shares in the last quarter and now controls 16,706,537 shares of the AVP stock, with the valuation hitting $53,126,788.
Similarly, Yacktman Asset Management LP decreased its Avon Products, Inc. shares by -19.65% during the recently filed quarter. After selling -3,752,794 shares in the last quarter, the firm now controls 15,345,092 shares of Avon Products, Inc. which are valued at $48,797,393. In the same vein, Renaissance Technologies LLC decreased its Avon Products, Inc. shares by during the most recent reported quarter. The firm sold -112,398 shares during the quarter which decreased its stakes to 14,128,478 shares and is now valued at $44,928,560. Following these latest developments, around 0.44% of Avon Products, Inc. stocks are owned by institutional investors and hedge funds.