Twin Lions Management LLC Invests $11.16 Million in Regional Management Corp. (NYSE:RM)

Twin Lions Management LLC purchased a new stake in Regional Management Corp. (NYSE:RM) during the 4th quarter, HoldingsChannel reports. The fund purchased 328,336 shares of the credit services provider’s stock, valued at approximately $11,157,000. Regional Management makes up approximately 10.8% of Twin Lions Management LLC’s holdings, making the stock its 6th largest position.

Other large investors have also recently bought and sold shares of the company. Tieton Capital Management LLC increased its holdings in Regional Management by 23.5% during the 4th quarter. Tieton Capital Management LLC now owns 255,251 shares of the credit services provider’s stock valued at $8,673,000 after purchasing an additional 48,541 shares in the last quarter. Proficio Capital Partners LLC bought a new position in shares of Regional Management in the fourth quarter valued at about $831,000. Renaissance Technologies LLC lifted its position in Regional Management by 10.6% during the 4th quarter. Renaissance Technologies LLC now owns 228,937 shares of the credit services provider’s stock worth $7,779,000 after buying an additional 21,990 shares in the last quarter. Barclays PLC grew its holdings in Regional Management by 73.4% during the 3rd quarter. Barclays PLC now owns 23,416 shares of the credit services provider’s stock worth $766,000 after acquiring an additional 9,910 shares during the last quarter. Finally, Trexquant Investment LP increased its position in Regional Management by 58.0% in the 4th quarter. Trexquant Investment LP now owns 19,054 shares of the credit services provider’s stock valued at $647,000 after acquiring an additional 6,998 shares in the last quarter. 98.89% of the stock is currently owned by institutional investors.

Insider Activity at Regional Management

In other Regional Management news, CEO Robert William Beck sold 13,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $36.71, for a total value of $477,230.00. Following the completion of the sale, the chief executive officer now owns 101,673 shares of the company’s stock, valued at approximately $3,732,415.83. This represents a 11.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 10.50% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Regional Management from a “strong-buy” rating to a “buy” rating in a research note on Friday.

Regional Management Price Performance

Regional Management stock opened at $31.46 on Tuesday. The business’s 50-day simple moving average is $31.47 and its 200 day simple moving average is $32.19. The company has a quick ratio of 44.42, a current ratio of 44.42 and a debt-to-equity ratio of 3.94. The stock has a market cap of $315.70 million, a price-to-earnings ratio of 7.56 and a beta of 1.27. Regional Management Corp. has a 12-month low of $25.00 and a 12-month high of $37.52.

Regional Management (NYSE:RM) last posted its quarterly earnings results on Wednesday, February 5th. The credit services provider reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.10. Regional Management had a net margin of 7.01% and a return on equity of 13.20%. As a group, research analysts anticipate that Regional Management Corp. will post 4.7 earnings per share for the current year.

Regional Management Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 13th. Investors of record on Thursday, February 20th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, February 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.81%. Regional Management’s dividend payout ratio (DPR) is presently 28.85%.

Regional Management Company Profile

Regional Management Corp., a diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States. It offers small and large installment loans; and retail loans to finance the purchase of furniture, appliances, and other retail products.