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BIRMINGHAM, AL – Jose Suquet, a director at Regions Financial Corp (NYSE:RF), recently executed a series of transactions involving the company’s common stock. According to a Form 4 filing with the Securities and Exchange Commission, Suquet sold shares worth $5,370, with the sale prices ranging from $23.76 to $24.15 per share. The transactions occurred as Regions Financial trades near $23.71, with a market capitalization of $21.2 billion. The company has maintained dividend payments for 22 consecutive years, currently offering a 4.3% yield.
In addition to the sales, Suquet also made several purchases of Regions Financial stock. The purchases, which took place over multiple transactions, totaled $57,687, with prices per share varying from $20.41 to $25.07.
These transactions are part of Suquet’s ongoing management of his holdings in the company. Following these activities, his total direct ownership of Regions Financial stock stands at 33,711 shares.
In other recent news, Regions Financial reported fourth-quarter earnings per share of $0.56, aligning with consensus figures, with an adjusted EPS of $0.58 surpassing the Visible Alpha Consensus estimate of $0.55. The bank’s net interest income for the quarter was slightly above expectations at $1.243 billion, contributing to a net interest margin of 3.55%. Regions Financial’s pre-provision net revenue exceeded expectations at $829 million, driven by higher net interest income and lower core expenses. Analysts from Goldman Sachs and Citi maintained their Buy ratings on the company, with price targets of $31 and $30, respectively, citing the company’s strategic financial maneuvers and positive fourth-quarter results.
Truist Securities, however, kept a Hold rating with a price target increase to $26, reflecting modest adjustments in future earnings projections. The firm’s projections include a year-over-year growth in average loans, net interest income, and fees, while expecting a slight rise in expenses. Regions Financial’s guidance for 2025 suggests a 2-5% increase in net interest income, aligning with current estimates, and a 1-3% rise in expenses, which could provide a slight advantage over consensus estimates. The bank’s Common Equity Tier 1 ratio improved by 20 basis points to 10.8%, although excluding accumulated other comprehensive income, it stood at 8.8%, slightly below management’s target range.
The company also executed $58 million in stock buybacks during the quarter, resulting in a pro-forma CET1 ratio decrease of approximately 30 basis points. Despite some areas not fully meeting market expectations, the overall financial health and strategic actions of Regions Financial are seen as supportive of investor confidence.
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