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Evergreen Capital Management LLC Invests $1.94 Million in Regions Financial Corporation $RF
Evergreen Capital Management LLC has invested approximately $1.94 million in Regions Financial Corporation (NYSE:RF) by purchasing 71,514 shares in the fourth quarter, contributing to a total institutional ownership of 79.39%. This investment comes as Regions Financial slightly beat EPS estimates and reported 5% year-over-year revenue growth, with analysts maintaining a “Hold” consensus rating and an average target price of $30.12. The company also declared a quarterly dividend of $0.265 per share, offering a 3.8% yield.