Second Curve Capital LLC Increased Regional Mgmt Corp (RM) Stake

May 3, 2018 - By Gregory Tomko

Big Money Sentiment increased to 1.12 in 2017 Q4. It has change of 0.25, from 2017Q3’s 0.87. The ratio is positive due to RM positioning: 2 sold and 31 reduced. 13 funds amassed positions and 24 increased positions. Investors holded 10.07 million in 2017Q3 but now own 10.32 million shares or 2.46% more. New York State Common Retirement Fund invested in 0% or 35,307 shs. Royal Bankshares Of Canada reported 38,126 shs or 0% of all its holdings. 45,429 were reported by Massachusetts Fincl Serv Ma. The Massachusetts-based Arrowstreet Limited Partnership has invested 0.01% in Regional Management Corp. (NYSE:RM). Northern Corp has 0% invested in Regional Management Corp. (NYSE:RM). Parametric Portfolio Assoc Lc has 0% invested in Regional Management Corp. (NYSE:RM). Citigroup invested in 9,230 shs. Financial Bank Of Montreal Can reported 387 shs or 0% of all its holdings. Los Angeles Cap Mngmt & Equity invested in 0% or 8,951 shs. Tower Research Cap Lc (Trc) reported 0% in Regional Management Corp. (NYSE:RM). Jpmorgan Chase And reported 0% of its capital in Regional Management Corp. (NYSE:RM). Metropolitan Life Insur Company Ny owns 3,845 shs. California Public Employees Retirement Systems reported 34,700 shs. Atwood & Palmer reported 200 shs. D E Shaw And owns 68,185 shs for 0% of their capital.

RM registered $523,598 net activity with 2 insider buys and 2 selling transactions since December 29, 2017. 2,400 shs valued at $74,912 were bought by Campos Roel C on Tuesday, March 13. Taggart Daniel J. sold $97,440 worth of Regional Management Corp. (NYSE:RM) on Monday, February 26.

In 2017Q4 SEC form is reported Tom Brown’s holdings in Regional Mgmt Corp (RM) which was upped by 70.3%. The company’s stock rose 15.89% while stock markets declined as Second Curve Capital Llc bought 445,000 shares. The consumer services company reported $28.36M value for the 2017Q4. Now the hedge fund run by Tom Brown is holding 1.08 million shares, compared to the 633,034 from the previous quarter. Second Curve Capital Llc has cut its stake in Bank Of America Corporation and also reduced its holding in Zions Bancorporation (NASDAQ:ZIONW) by 213,300 shares in the quarter, for a total of 493,352 shares.

Regional Management Corp. (NYSE:RM) Ratings Coverage

A total of 4 analysts rate Regional Management (NYSE:RM) as follows: 1 “Buy”, 3 “Hold” and 0 “Sell”. Тherefore 25% are bullish. The firm has $3800 highest and $25.0 lowest target. The avg target $32 is -8.96% below the last ($35.15) price. (NYSE:RM) has 7 ratings reports on 3 May 2018 according to StockzIntelligence. In Thursday, December 21 report Keefe Bruyette & Woods maintained the stock with “Hold” rating. On Wednesday, January 3 Stephens maintained Regional Management Corp. (NYSE:RM) with “Hold” rating. On Friday, March 23 Jefferies maintained Regional Management Corp. (NYSE:RM) with “Buy” rating. On Sunday, April 8 the stock has “Hold” rating by Keefe Bruyette & Woods. On Tuesday, February 13 the rating was maintained by Keefe Bruyette & Woods with “Hold”. The company rating was maintained by Jefferies on Wednesday, January 10. The company rating was maintained by BMO Capital Markets on Thursday, November 9.

Regional Management Corp. (NYSE:RM) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.