Large Outflow of Money Witnessed in Regions Financial Corporation

Regions Financial Corporation (RF) : Money flow in the Regions Financial Corporation (RF) stock was negative (4.9 million) on Friday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $11.92 million, compared to $16.81 million on downticks. The total uptick to downtick ratio was 0.71, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($4.55 million), indicating selling on the strength. The transaction value during uptick in block trades was $1.75 million. Downtick transaction value in block trades amounted to $6.3 million, indicating persistent selling. The uptick to downtick ratio was 0.28. Regions Financial Corporation (RF) traded $0.08 higher at $9.93 gaining 0.81% over the previous days close.


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 -55.17% . Institutional Investors own 74.89% of Regions Financial Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -60.92%.

In a related news, Peters Scott M., officer (SEVP) of Regions Financial Corp, unloaded 23,391 shares at an average price of $9.73 on August 26, 2016. The total amount of the transaction was worth $227,594, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Regions Financial Corporation (NYSE:RF): The stock opened at $9.9 and touched an intraday high of $9.98 on Friday. During the day, the stock corrected to an intraday low of $9.77, however, the bulls stepped in and pushed the price higher to close in the green at $9.93 with a gain of 0.81% for the day. The total traded volume for the day was 14,590,185. The stock had closed at $9.85 in the previous trading session.

Regions Financial Corporation (RF) : Traders are bullish on Regions Financial Corporation (RF) as it has outperformed the S&P 500 by a wide margin of 5.89% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.92%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.43% in the last 1 week, and is up 5.75% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

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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