NEW YORK, January 12, 2017 /PRNewswire/ --
Pre-market, Stock-Callers.com reviews the performances of four Regional Southeast Banks equities, namely: Regions Financial Corp. (NYSE: RF), BB&T Corp. (NYSE: BBT), First Horizon National Corp. (NYSE: FHN), and F.N.B. Corp. (NYSE: FNB). These stocks belong to the Financials sector, which turned moderately higher in late trade on Wednesday, January 11th, 2017, adding to little movement earlier in the session. As per a NASDAQ report, the NYSE Financials Sector Index rose about 0.2%, while Financials companies in the S&P 500 Index also were ahead by about 0.2%. Learn more about these stocks by accessing their free research reports at:
On Wednesday, shares in Birmingham, Alabama headquartered Regions Financial Corp. recorded a trading volume of 15.38 million shares. The stock ended the session 0.27% lower at $14.52. The Company's shares have gained 42.17% in the previous three months and 1.11% since the start of this year. The stock is trading 8.82% above its 50-day moving average and 41.64% above its 200-day moving average. Moreover, shares of Regions Financial, which together with its subsidiaries, provides banking and bank-related services to individual and corporate customers in the US, have a Relative Strength Index (RSI) of 59.43.
On January 05th, 2017, Regions Financial announced that José S. Suquet has been appointed to the Company's Board of Directors, effective immediately. Mr. Suquet will serve on the Risk Committee and the Compensation Committee of the Regions Financial's Board of Directors. Mr. Suquet is Chairman, President, and CEO of Pan-American Life Insurance Group.
Yesterday, research firm UBS resumed its 'Sell' rating on the Company's stock, with a target price of $13 per share. Free research report on RF is available at:
Winston-Salem, North Carolina headquartered BB&T Corp.'s stock closed the day 0.24% higher at $46.77. A total volume of 9.26 million shares was traded, which was above their three months average volume of 5.40 million shares. The Company's shares have advanced 21.62% in the previous three months. The stock is trading 5.04% and 23.02% above its 50-day and 200-day moving averages, respectively. Additionally, shares of BB&T, which operates as a financial holding company that provides various banking and trust services for retail and commercial clients, have an RSI of 56.34.
Yesterday, research firm UBS initiated a 'Neutral' rating on the Company's stock, with a target price of $49 per share.
On January 09th, 2017, BB&T announced that it will offer an odd-lot program to provide its shareholders with an alternate way to either round their holdings up to 100 shares or sell all their shares. Odd-lot programs are offered by public companies periodically to reduce administrative costs and offer a service to the investing community. BB&T's program will be administered by Georgeson, a Computershare, Inc. company. BB&T will not buy or sell any shares or otherwise participate in the program. The complimentary research report on BBT can be downloaded at:
First Horizon National
Shares in Memphis, Tennessee headquartered First Horizon National Corp. recorded a trading volume of 2.54 million shares, which was above their three months average volume of 2.19 million shares. The stock ended yesterday's trading session 0.83% higher at $20.58. The Company's shares have advanced 0.44% in the past month, 32.55% over the previous three months, and 2.85% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 9.68% and 33.46%, respectively. Furthermore, shares of First Horizon National, which operates as the bank holding company for First Tennessee Bank National Association that provides various financial services in the US and internationally, have an RSI of 63.86.
On December 21st, 2016, the Company announced that it will report Q4 2016 financial results in a news release prior to the market opening on January 13th, 2017 followed by a conference call at 8:30 a.m. CT.
On January 09th, 2017, research firm Wells Fargo upgraded the Company's stock rating from 'Underperform' to 'Market Perform'. Visit us today and access our complete research report on FHN at:
Pittsburgh, Pennsylvania headquartered F.N.B. Corp.'s stock finished Wednesday's session 0.37% higher at $16.08 with a total trading volume of 1.77 million shares. The Company's shares have advanced 30.00% over the previous three months and 0.31% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 6.80% and 22.93%, respectively. Additionally, shares of F.N.B., which provides a range of financial services to consumers, corporations, governments, and small- to medium-sized businesses primarily in Pennsylvania, eastern Ohio, and northern West Virginia, have an RSI of 58.41.
On December 20th, 2016, research firm FBR & Co. upgraded the Company's stock rating from 'Market Perform' to 'Outperform' while revising its previous target price from $14 a share to $19 a share. Get free access to your research report on FNB at:
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