Teachers Advisors LLC Boosts Position in Regional Management Corp. (RM)

Teachers Advisors LLC raised its position in Regional Management Corp. (NYSE:RM) by 0.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,045 shares of the credit services provider’s stock after acquiring an additional 152 shares during the quarter. Teachers Advisors LLC owned 0.15% of Regional Management Corp. worth $403,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of RM. American International Group Inc. grew its position in Regional Management Corp. by 7.1% in the first quarter. American International Group Inc. now owns 6,512 shares of the credit services provider’s stock valued at $127,000 after acquiring an additional 430 shares in the last quarter. UBS Group AG grew its position in shares of Regional Management Corp. by 115.0% during the first quarter. UBS Group AG now owns 7,137 shares of the credit services provider’s stock worth $138,000 after buying an additional 3,818 shares in the last quarter. PNC Financial Services Group Inc. acquired a new stake in shares of Regional Management Corp. during the first quarter worth approximately $165,000. Algert Global LLC acquired a new stake in shares of Regional Management Corp. during the second quarter worth approximately $234,000. Finally, Eqis Capital Management Inc. acquired a new stake in shares of Regional Management Corp. during the second quarter worth approximately $243,000. 86.78% of the stock is owned by institutional investors.

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RM has been the subject of a number of recent analyst reports. Stephens initiated coverage on shares of Regional Management Corp. in a research report on Wednesday, August 23rd. They set an “equal weight” rating and a $25.00 price target for the company. BMO Capital Markets reissued a “hold” rating and set a $25.00 price target on shares of Regional Management Corp. in a research report on Sunday. DA Davidson reissued a “neutral” rating and set a $27.00 price target on shares of Regional Management Corp. in a research report on Tuesday, July 18th. BidaskClub downgraded shares of Regional Management Corp. from a “sell” rating to a “strong sell” rating in a research report on Monday, August 14th. Finally, ValuEngine downgraded shares of Regional Management Corp. from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 17th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $25.83.

Regional Management Corp. (NYSE:RM) opened at $22.09 on Wednesday. Regional Management Corp. has a one year low of $18.31 and a one year high of $27.56. The stock has a market capitalization of $262.74, a price-to-earnings ratio of 9.62 and a beta of 1.40. The company has a debt-to-equity ratio of 2.34, a quick ratio of 39.39 and a current ratio of 39.39.

Regional Management Corp. Company Profile

Regional Management Corp. is a diversified consumer finance company. The Company provides an array of loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies and other traditional lenders. Its products include small loans, large loans, automobile loans, retail loans, and optional payment and collateral protection insurance products.

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Institutional Ownership by Quarter for Regional Management Corp. (NYSE:RM)

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