The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.02. Analysts at Jefferies Group raised their price target on shares of Fulton Financial Corp from $13.00 to $14.00 in a research note on Thursday, July 2nd. Analysts at Barclays raised their price target on shares of Fulton Financial Corp from $12.00 to $14.00 and gave the company an “equal weight” rating in a research note on Tuesday, June 16th.
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In accordance with OctaFinance’s sophisticated equities trend-following model, we rate Regions Financial Corp’s stock “NEUTRAL”, even after considering David Turner’s up-to-date knowledge. Six research analysts have rated the stock with a hold rating, Fulton Financial Corp has an average rating of “Hold” and an average price target of $13.20. Of those thirty-two, sixteen have a Buy rating, fourteen have a Hold rating and two have a Sell rating. Regions Financial Corp has a 1-year low of $8.59 and a 1-year high of $10.87.
Fulton Financial Corp (NASDAQ:FULT) released its earnings data on Tuesday. The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.31 billion. This trade decreased his ownership of the Company to 0.02% market cap or 213,897 shares. On a trailing twelve month basis, the company’s earnings per share stands at 0.81. E*Trade, which ended the quarter with 3.2 million brokerage accounts, also closed down an ancillary “global trading platform” that it said was expensive to run and accounted for just 1 percent of all client trades in 2014. Regions Financial Corporation is up 6.13% in the last 3-month period.
Regions Financial Corporation (NYSE:RF) rose 2.79% or 0.29 points on Wednesday and made its way into the gainers of the day. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing. Now the company Insiders own 0.3% of Regions Financial Corporation Company shares.
Shares of Fulton Financial Corp (NASDAQ:FULT) opened at 13.32 on Friday. The disclosure for this sale can be found here.
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Quarterly home lending activity at Regions Financial Corp. popped thanks to a almost one-half surge in purchase financing. The Company operates a bank with the primary goal of maximizing the value of deposits generated though its brokerage business. The Company provides these services to customers both online and through their network of customer service representatives and Financial Consultants – over the phone and in person at 30 Company branches across the United States. The Wealth Management segment offers individuals, businesses, Governmental institutions and non-profit entities a range of solutions to enable transfer of wealth.
