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Stieven Capital Advisors reduces stake in Regions Financial, while Norges Bank and Cincinnati Insurance increase holdings.
Stieven Capital Advisors has cut its stake in Regions Financial (NYSE: RF) by selling 77,300 shares, while other investors like Norges Bank and Cincinnati Insurance have increased their holdings.
Regions reported $1.73 billion in revenue, missing estimates, but beat earnings per share at $0.52.
The consensus target price is $21.51, with a mix of ratings from research firms.
Hedge funds now own 79.39% of the company, which offers a quarterly dividend of $0.25 per share.
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Stieven Capital Advisors reduce la participación en Regions Financial, mientras que Norges Bank y Cincinnati Insurance aumentan las participaciones.