Tieton Capital Management Lowers stake in Regional Management Corp (RM)

Regional Management Corp (RM) : Tieton Capital Management reduced its stake in Regional Management Corp by 4.38% during the most recent quarter end. The investment management company now holds a total of 318,377 shares of Regional Management Corp which is valued at $6,361,172 after selling 14,571 shares in Regional Management Corp , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Regional Management Corp makes up approximately 5.70% of Tieton Capital Management’s portfolio.

Other Hedge Funds, Including , Vanguard Group Inc boosted its stake in RM in the latest quarter, The investment management firm added 35,981 additional shares and now holds a total of 479,373 shares of Regional Management Corp which is valued at $9,577,873.Signia Capital Management reduced its stake in RM by selling 86,424 shares or 72.46% in the most recent quarter. The Hedge Fund company now holds 32,840 shares of RM which is valued at $640,380. Regional Management Corp makes up approx 1.89% of Signia Capital Management’s portfolio. Sippican Capital Advisors added RM to its portfolio by purchasing 14,987 company shares during the most recent quarter which is valued at $277,260. Regional Management Corp makes up approx 0.32% of Sippican Capital Advisors’s portfolio.Acadian Asset Management boosted its stake in RM in the latest quarter, The investment management firm added 12,017 additional shares and now holds a total of 15,269 shares of Regional Management Corp which is valued at $259,420.

Regional Management Corp closed down -0.12 points or -0.60% at $19.88 with 67,999 shares getting traded on Friday. Post opening the session at $19.88, the shares hit an intraday low of $19.78 and an intraday high of $20.05 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Regional Management Corp. (Regional) is a diversified specialty consumer finance company. The Company provides a range of loan products primarily to customers with limited access to consumer credit from banks thrifts credit card companies and other traditional lenders. It offers small loans large loans automobile loans retail loans and optional insurance products. The Company offers small loans ranging from $500 to $2500 through its branches as well as convenience check program. It offers large loans through its branches ranging from $2501 to $20000. The Company offers automobile loans of up to $27500 with terms of between 36 and 72 months. It markets and sells optional credit life insurance credit accident and health insurance and involuntary unemployment insurance products.

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