American Securities Has Cut Xerium Technologies (XRM) Position By $7.05 Million; 2 Analysts Covering Regional Management Corp. (RM)

June 23, 2018 - By Lawrence Diaz

Among 7 analysts covering Regional Management Corporation (NYSE:RM), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Regional Management Corporation had 21 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Regional Management Corp. (NYSE:RM) has “Buy” rating given on Thursday, September 7 by Jefferies. BMO Capital Markets maintained Regional Management Corp. (NYSE:RM) rating on Wednesday, August 2. BMO Capital Markets has “Market Perform” rating and $25 target. The stock has “Market Perform” rating by BMO Capital Markets on Friday, November 18. The stock has “Hold” rating by BMO Capital Markets on Wednesday, April 12. The stock of Regional Management Corp. (NYSE:RM) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. Keefe Bruyette & Woods maintained it with “Hold” rating and $30.0 target in Tuesday, February 13 report. The stock of Regional Management Corp. (NYSE:RM) earned “Hold” rating by Wood on Wednesday, April 12. The rating was upgraded by Jefferies on Wednesday, September 23 to “Buy”. As per Wednesday, January 3, the company rating was maintained by Stephens. The stock has “Buy” rating by Jefferies on Wednesday, June 28. See Regional Management Corp. (NYSE:RM) latest ratings:

08/04/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $35.0000 Maintain
23/03/2018 Broker: Jefferies Rating: Buy New Target: $38.0000 Maintain
13/02/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $30.0 Maintain
10/01/2018 Broker: Jefferies Rating: Buy New Target: $33.0 Maintain
03/01/2018 Broker: Stephens Rating: Hold New Target: $30.0 Maintain

American Securities Llc decreased Xerium Technologies Inc (XRM) stake by 89.15% reported in 2018Q1 SEC filing. American Securities Llc sold 1.17 million shares as Xerium Technologies Inc (XRM)’s stock rose 15.65%. The American Securities Llc holds 142,929 shares with $922,000 value, down from 1.32M last quarter. Xerium Technologies Inc now has $108.59M valuation. It closed at $6.61 lastly. It is up 5.41% since June 23, 2017 and is downtrending. It has underperformed by 17.98% the S&P500. Some Historical XRM News: 30/04/2018 – Xerium 1Q Net $2.23M; 12/04/2018 – Barington Capital Group, L.P., Affiliates Report Stake In Xerium; 12/04/2018 – Barington Capital Group Takes Stake in Xerium Tech: 13D Filing; 29/05/2018 – XERIUM, HOLDER WYNNEFIELD IN CONFIDENTIALITY-STANDSTILL PACT; 30/04/2018 – Xerium 1Q EPS 13c; 19/04/2018 – DJ Xerium Technologies Inc, Inst Holders, 1Q 2018 (XRM); 29/05/2018 – NELSON OBUS SAYS ON MAY 25, ENTERED INTO CONFIDENTIALITY AND STANDSTILL AGREEMENT WITH XERIUM TECHNOLOGIES INC – SEC FILING; 19/03/2018 – XERIUM TECHNOLOGIES INC – ALTERNATIVES COULD INCLUDE A SALE OF COMPANY OR OF ITS DIVISIONS AND SELECTED ASSETS IN SEPARATE TRANSACTIONS,; 12/04/2018 – Activist investor Barington nominates two directors at Xerium; 19/03/2018 Xerium Technologies Announces Review of Strategic Alternatives to Maximize Shareholder Value

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 $431.28 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 14.45 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.

Investors sentiment decreased to 0.86 in 2018 Q1. Its down 0.26, from 1.12 in 2017Q4. It is negative, as 8 investors sold Regional Management Corp. shares while 35 reduced holdings. 15 funds opened positions while 22 raised stakes. 9.75 million shares or 5.48% less from 10.32 million shares in 2017Q4 were reported. Dimensional Fund Advsr Lp has 973,839 shares. Los Angeles Capital Mgmt Equity Rech holds 8,951 shares. Morgan Stanley reported 0% stake. Ameritas Invest Ptnrs holds 0% or 935 shares in its portfolio. Nuveen Asset Management Limited Liability Corp stated it has 24,081 shares. Bnp Paribas Arbitrage Sa holds 2,111 shares or 0% of its portfolio. Denali Advisors Ltd stated it has 102 shares or 0% of all its holdings. Spark Invest Mngmt Lc invested in 57,900 shares. Eam Limited Liability invested in 27,648 shares or 0.15% of the stock. Brandywine Global Inv Limited Com holds 0% or 4,767 shares in its portfolio. Moreover, Parametric Associate Limited Liability Corp has 0% invested in Regional Management Corp. (NYSE:RM). Moreover, Basswood Capital Mngmt Ltd Liability Company has 2.07% invested in Regional Management Corp. (NYSE:RM). Second Curve Limited Liability reported 798,034 shares or 9.78% of all its holdings. Schwab Charles Invest has invested 0% in Regional Management Corp. (NYSE:RM). Atwood & Palmer Inc stated it has 0% in Regional Management Corp. (NYSE:RM).

The stock increased 0.41% or $0.15 during the last trading session, reaching $36.71. About 170,232 shares traded or 162.00% up from the average. Regional Management Corp. (NYSE:RM) has risen 72.55% since June 23, 2017 and is uptrending. It has outperformed by 59.98% the S&P500. Some Historical RM News: 29/03/2018 – First Internet Bank Promotes Tom Smith to Regional Vice President; 12/04/2018 – QBE North America Appoints Kevin Brogan Regional Executive – Central Region; 16/05/2018 – John Hancock Retirement Plan Services Promotes Preston Carbone Regional Vice President focusing on Southern Wisconsin, Western; 15/05/2018 – Skanska Announces Chris Toher as Chief Operating Officer; Jim Link, Len Vetrone and Kerim Evin Named Regional Executive Officers; 17/05/2018 – Regional Management at Non-Deal Roadshow Hosted By JMP Today; 05/03/2018 Jumio Continues Global Expansion with Asia Pacific Office and New Regional Vice President; 21/03/2018 – StandChart: Ms Marrs is Regional CEO, ASA and CEO, Commercial and Private Banking; 01/05/2018 – Republic Bank Hires Regional Vice President for Bucks County Market; 22/03/2018 – Denihan Hospitality Strengthens Senior Team with Promotion of Gul Goknar Turkmenoglu to Regional Vice President of Operations; 21/04/2018 – DJ Regional Management Corp, Inst Holders, 1Q 2018 (RM)

Since December 29, 2017, it had 3 buys, and 2 selling transactions for $46 activity. The insider BASSWOOD CAPITAL MANAGEMENT – L.L.C. bought 8,078 shares worth $214,300. 3,200 shares valued at $97,440 were sold by Taggart Daniel J. on Monday, February 26. $74,912 worth of Regional Management Corp. (NYSE:RM) shares were bought by Campos Roel C.

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

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