Regional Management Corp. (NYSE:RM) Shares Purchased by Tieton Capital Management LLC

Tieton Capital Management LLC lifted its stake in Regional Management Corp. (NYSE:RM) by 23.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 255,251 shares of the credit services provider’s stock after acquiring an additional 48,541 shares during the quarter. Regional Management accounts for 3.5% of Tieton Capital Management LLC’s investment portfolio, making the stock its 14th largest position. Tieton Capital Management LLC’s holdings in Regional Management were worth $8,673,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in RM. Connor Clark & Lunn Investment Management Ltd. increased its stake in Regional Management by 11.4% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 23,513 shares of the credit services provider’s stock worth $769,000 after buying an additional 2,406 shares during the period. FMR LLC increased its stake in Regional Management by 34.1% during the 3rd quarter. FMR LLC now owns 31,384 shares of the credit services provider’s stock worth $1,027,000 after buying an additional 7,985 shares during the period. PDT Partners LLC purchased a new stake in Regional Management during the 3rd quarter worth approximately $213,000. State Street Corp increased its stake in Regional Management by 0.6% during the 3rd quarter. State Street Corp now owns 152,572 shares of the credit services provider’s stock worth $4,991,000 after buying an additional 971 shares during the period. Finally, Barclays PLC increased its position in shares of Regional Management by 73.4% in the 3rd quarter. Barclays PLC now owns 23,416 shares of the credit services provider’s stock valued at $766,000 after purchasing an additional 9,910 shares during the last quarter. 98.89% of the stock is owned by hedge funds and other institutional investors.

Regional Management Trading Up 2.0 %

Shares of NYSE:RM opened at $31.30 on Monday. Regional Management Corp. has a 52 week low of $23.35 and a 52 week high of $37.52. The company’s 50 day moving average is $33.91 and its two-hundred day moving average is $32.47. The company has a current ratio of 44.42, a quick ratio of 44.42 and a debt-to-equity ratio of 3.94. The company has a market cap of $307.77 million, a PE ratio of 7.52 and a beta of 1.53.

Regional Management (NYSE:RM) last announced its quarterly earnings data on Wednesday, February 5th. The credit services provider reported $0.98 EPS for the quarter, beating 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%. Equities analysts predict that Regional Management Corp. will post 4.7 earnings per share for the current fiscal year.

Regional Management Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.83%. The ex-dividend date was Thursday, February 20th. Regional Management’s dividend payout ratio is presently 28.85%.

Insider Buying and Selling at Regional Management

In related news, CEO Robert William Beck sold 13,000 shares of the stock in a transaction 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 transaction, the chief executive officer now directly owns 101,673 shares of the company’s stock, valued at $3,732,415.83. This trade represents a 11.34 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, major shareholder Fund L.P. Forager sold 5,300 shares of the stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $33.50, for a total transaction of $177,550.00. Following the completion of the transaction, the insider now directly owns 1,080,802 shares in the company, valued at $36,206,867. This trade represents a 0.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 70,741 shares of company stock valued at $2,387,771. Insiders own 10.50% of the company’s stock.

Regional Management 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.