Penn Virginia (PVAC) Reaches $63.95 After 7.00% Up Move; Samlyn Capital Has Raised Regions Finl New (RF) Holding

May 16, 2018 - By George Granger

Regions Financial Corporation (NYSE:RF) Logo

The stock of Penn Virginia Corporation (NASDAQ:PVAC) is a huge mover today! The stock increased 4.59% or $2.805 during the last trading session, reaching $63.945. About 68,644 shares traded. Penn Virginia Corporation (NASDAQ:PVAC) has 0.00% since May 16, 2017 and is . It has underperformed by 11.55% the S&P500.The move comes after 6 months positive chart setup for the $962.92 million company. It was reported on May, 16 by Barchart.com. We have $68.42 PT which if reached, will make NASDAQ:PVAC worth $67.40 million more.

Samlyn Capital Llc increased Regions Finl Corp New (RF) stake by 99.05% reported in 2017Q4 SEC filing. Samlyn Capital Llc acquired 2.86 million shares as Regions Finl Corp New (RF)’s stock rose 4.69%. The Samlyn Capital Llc holds 5.75M shares with $99.35 million value, up from 2.89M last quarter. Regions Finl Corp New now has $21.62B valuation. The stock decreased 0.72% or $0.14 during the last trading session, reaching $19.25. About 2.36M shares traded. Regions Financial Corporation (NYSE:RF) has risen 29.90% since May 16, 2017 and is uptrending. It has outperformed by 18.35% the S&P500.

Investors sentiment increased to 1.18 in 2017 Q4. Its up 0.23, from 0.95 in 2017Q3. It increased, as 26 investors sold RF shares while 187 reduced holdings. 82 funds opened positions while 169 raised stakes. 823.54 million shares or 2.89% less from 848.03 million shares in 2017Q3 were reported. Commerce Retail Bank holds 0.01% or 29,155 shares. Laurion Capital Mngmt Limited Partnership holds 13,600 shares. Wedge Management L Lp Nc owns 2.01M shares for 0.31% of their portfolio. Delta Asset Mngmt Ltd Liability Corp Tn holds 0.13% or 51,880 shares in its portfolio. Cibc Ww Mkts reported 0.03% stake. Hussman Strategic Advisors Inc has 75,000 shares. Blair William & Co Il owns 310,871 shares or 0.04% of their US portfolio. Captrust Advsrs has invested 0.01% in Regions Financial Corporation (NYSE:RF). Teachers Retirement Of The State Of Kentucky reported 130,975 shares stake. Rowland Inv Counsel Adv owns 0.11% invested in Regions Financial Corporation (NYSE:RF) for 16,405 shares. Voya Inv Lc accumulated 621,740 shares. Smith Asset Management Group Incorporated Limited Partnership holds 0% or 2,870 shares. Martingale Asset Mngmt Lp reported 294,726 shares. Kentucky Retirement owns 0.09% invested in Regions Financial Corporation (NYSE:RF) for 71,532 shares. Tiaa Cref Mngmt Lc reported 0.04% in Regions Financial Corporation (NYSE:RF).

Among 35 analysts covering Regions Financial Corp (NYSE:RF), 9 have Buy rating, 4 Sell and 22 Hold. Therefore 26% are positive. Regions Financial Corp had 116 analyst reports since August 12, 2015 according to SRatingsIntel. On Monday, January 23 the stock rating was downgraded by Compass Point to “Neutral”. The rating was downgraded by Raymond James on Thursday, October 6 to “Outperform”. The company was initiated on Thursday, October 8 by Guggenheim. The rating was initiated by Piper Jaffray with “Neutral” on Tuesday, November 24. As per Monday, August 31, the company rating was upgraded by Raymond James. The rating was maintained by RBC Capital Markets on Thursday, June 22 with “Hold”. The firm earned “Neutral” rating on Wednesday, November 1 by JP Morgan. UBS upgraded Regions Financial Corporation (NYSE:RF) rating on Tuesday, December 12. UBS has “Hold” rating and $18.0 target. The firm has “Hold” rating given on Monday, November 9 by Deutsche Bank. Piper Jaffray maintained Regions Financial Corporation (NYSE:RF) rating on Sunday, September 17. Piper Jaffray has “Hold” rating and $14.5 target.

Samlyn Capital Llc decreased Shire Plc (NASDAQ:SHPG) stake by 21,092 shares to 56,236 valued at $8.72M in 2017Q4. It also reduced Burlington Stores Inc (Call) (NYSE:BURL) stake by 475,652 shares and now owns 150,700 shares. Constellation Brands Inc (NYSE:STZ) was reduced too.

Analysts await Penn Virginia Corporation (NASDAQ:PVAC) to report earnings on August, 14. They expect $1.90 earnings per share, up 175.36% or $1.21 from last year’s $0.69 per share. PVAC’s profit will be $28.61 million for 8.41 P/E if the $1.90 EPS becomes a reality. After $1.47 actual earnings per share reported by Penn Virginia Corporation for the previous quarter, Wall Street now forecasts 29.25% EPS growth.

Regions Financial Corporation (NYSE:RF) Institutional Positions Chart

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