Regional Management Corp Q2 2018 Institutional Investor Sentiment Better Than Expected

Sentiment for Regional Management Corp (NYSE:RM)

Regional Management Corp (NYSE:RM) institutional sentiment increased to 1.48 in 2018 Q2. Its up 0.62, from 0.86 in 2018Q1. The ratio is more positive, as 49 active investment managers started new and increased equity positions, while 33 cut down and sold their positions in Regional Management Corp. The active investment managers in our partner’s database now possess: 9.72 million shares, down from 9.75 million shares in 2018Q1. Also, the number of active investment managers holding Regional Management Corp in their top 10 equity positions was flat from 3 to 3 for the same number . Sold All: 2 Reduced: 31 Increased: 31 New Position: 18.

Regional Management Corp., a diversified consumer finance company, provides various loan products primarily to clients with limited access to consumer credit from banks, thrifts, credit card companies, and other traditional lenders. The company has market cap of $303.03 million. The firm offers small and large installment loans; automobile purchase loans; loans to finance the purchase of furniture, appliances, and other retail products; optional payment products, including credit life, credit accident and health, credit property insurance, and credit involuntary unemployment insurance; collateral protection insurance; and property insurance, as well as reinsurance products. It has a 8.73 P/E ratio. The Company’s loan products are secured and structured on a fixed rate, fixed term basis with fully amortizing equal monthly installment payments, and repayable at any time without penalty.

The stock decreased 2.98% or $0.79 during the last trading session, reaching $25.7. About 110,499 shares traded or 96.91% up from the average. Regional Management Corp. (NYSE:RM) has risen 32.86% since December 8, 2017 and is uptrending. It has outperformed by 17.24% the S&P500.

Analysts await Regional Management Corp. (NYSE:RM) to report earnings on February, 12. They expect $0.79 earnings per share, up 27.42 % or $0.17 from last year’s $0.62 per share. RM’s profit will be $9.32 million for 8.13 P/E if the $0.79 EPS becomes a reality. After $0.85 actual earnings per share reported by Regional Management Corp. for the previous quarter, Wall Street now forecasts -7.06 % negative EPS growth.

Second Curve Capital Llc holds 8.09% of its portfolio in Regional Management Corp. for 600,558 shares. Tieton Capital Management Llc owns 194,325 shares or 5.27% of their US portfolio. Moreover, Basswood Capital Management L.L.C. has 2.52% invested in the company for 1.53 million shares. The Washington-based Signia Capital Management Llc has invested 1.57% in the stock. Pacific Global Investment Management Co, a California-based fund reported 64,720 shares.

More important recent Regional Management Corp. (NYSE:RM) news were published by: Globenewswire.com which released: “Report: Developing Opportunities within FBL Financial Group, Medley Capital, Manchester United, Seadrill Partners, eMagin, and Regional Management — Future Expectations, Projections Moving into 2018 – GlobeNewswire” on November 26, 2018, also Twst.com published article titled: “Regional Management Corp.: Regional Management Corp. Announces Third Quarter 2018 Results – The Wall Street Transcript”, Livetradingnews.com published: “A Ferrari (NYSE:RACE) 1956 Ferrari 290MM for Christmas – Live Trading News” on December 04, 2018. More interesting news about Regional Management Corp. (NYSE:RM) was released by: Fool.com and their article: “Better Buy: Albemarle Corporation vs. ConocoPhillips – Motley Fool” with publication date: November 16, 2018.

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

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