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Edgestream Partners increased its stake in Regions Financial by 25.6%, reflecting growing investor interest in the bank.
Edgestream Partners L.P. increased its stake in Regions Financial (RF) by 25.6%, acquiring 39,095 shares in Q4.
The stock, currently rated "Moderate Buy" with a target price of $27.67, saw institutional ownership rise to 79.39%.
Regions Financial reported a strong quarter with EPS of $0.56, exceeding estimates, and announced a $0.25 quarterly dividend.
The financial company operates through Corporate Bank, Consumer Bank, and Wealth Management segments, with a market cap of $20.01 billion.
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Edgestream Partners aumentó su participación en Regions Financial en un 25,6%, reflejando el creciente interés de los inversores en el banco.