Regional Management (NYSE:RM – get rating) was demoted by StockNews.com from a “strong buy” rating to a “buy” rating in a research note issued to investors on Friday.

Separately, Zacks Investment Research lowered Regional Management from a “strong buy” rating to a “hold” rating in a research report on Wednesday, February 2.

RM shares opened at $46.57 on Friday. The company has a market cap of $457.64 million, a P/E ratio of 5.59, and a beta of 1.32. Regional Management has a twelve month minimum of $35.23 and a twelve month maximum of $67.60. The company has a 50-day simple moving average of $49.20 and a 200-day simple moving average of $54.27. The firm has a current ratio of 27.76, a quick ratio of 27.76, and a debt-to-equity ratio of 3.88.

Regional Management (NYSE:RM – get rating) last announced its quarterly earnings results on Wednesday, February 9. The credit services provider reported earnings per share of $2.04 for the quarter, beating analyst consensus estimates of $1.79 by $0.25. The business had revenue of $119.48 million during the quarter, compared to analyst expectations of $116.84 million. The Regional Management had a return on capital of 31.59% and a net margin of 20.70%. During the same quarter last year, the company posted earnings per share of $1.28. Research analysts predict that Regional Management will post 6.49 EPS for the current fiscal year.

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In other Regional Management news, CEO Robert William Beck sold 5,000 shares of the firm’s capital stock in a transaction that occurred on Tuesday, March 8. The share was sold at an average price of $47.74, for a total value of $238,700.00. The transaction was disclosed in a document filed with the SEC, which can be accessed via the SEC website. Also, the Director Basswood Capital Management, L sold 2,367 shares of Regional Management in a transaction that occurred on Wednesday, February 16. The share was sold at an average price of $53.92, for a total value of $127,628.64. Disclosure of this sale can be found here. The members of the company own 9.70% of the company’s shares.

Several institutional investors and hedge funds have recently modified their RM holdings. Forager Capital Management LLC acquired a new share of Regional Management stock in the fourth quarter valued at $25,332,000. Nuveen Asset Management LLC increased its stake in Regional Management stock by 12.9% in the fourth quarter. Nuveen Asset Management LLC now owns 211,182 shares of the credit services provider valued at $12,135,000 after purchasing an additional 24,151 shares during the period. Acadian Asset Management LLC increased its stake in Regional Management stock by 11.7% in the fourth quarter. Acadian Asset Management LLC now owns 183,836 shares of the credit service provider valued at $10,556,000 after purchasing an additional 19,221 shares during the period. Khrom Capital Management LLC increased its shareholding in Regional Management by 12.2% in the fourth quarter. Khrom Capital Management LLC now owns 174,139 shares of the credit service provider valued at $10,006,000 after purchasing an additional 19,000 shares during the period. Finally, Geode Capital Management LLC increased its stake in Regional Management stock by 11.4% in the 3rd quarter. Geode Capital Management LLC now owns 163,734 shares of the credit services provider valued at $9,526,000 after purchasing an additional 16,691 shares during the period. Hedge funds and other institutional investors own 85.57% of the company’s shares.

Regional Management Company Profile (get rating)

Regional Management Corp., a diversified consumer finance company, offers various installment loan products primarily to customers with limited access to consumer credit from banks, savings banks, credit card companies and other lenders in the United States. It offers small and large installment loans; and retail loans to finance the purchase of furniture, appliances and other retail products.

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