First American Bank Trimmed Microchip Technology Com (MCHP) Stake; Regions Financial (RF) Covered By 9 Bullish Analysts Last Week

February 1, 2018 - By Annabelle Johnson

Among 34 analysts covering Regions Financial Corp (NYSE:RF), 9 have Buy rating, 4 Sell and 21 Hold. Therefore 26% are positive. Regions Financial Corp had 107 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Regions Financial Corporation (NYSE:RF) has “Hold” rating given on Tuesday, October 24 by Piper Jaffray. The stock of Regions Financial Corporation (NYSE:RF) earned “Buy” rating by Deutsche Bank on Wednesday, August 12. Susquehanna initiated the stock with “Positive” rating in Friday, November 6 report. The stock has “Hold” rating by Keefe Bruyette & Woods on Tuesday, June 20. Citigroup maintained Regions Financial Corporation (NYSE:RF) rating on Monday, October 9. Citigroup has “Neutral” rating and $16 target. As per Wednesday, November 16, the company rating was downgraded by PiperJaffray. On Monday, May 1 the stock rating was downgraded by Wedbush to “Neutral”. The stock of Regions Financial Corporation (NYSE:RF) has “Neutral” rating given on Wednesday, June 29 by Bank of America. SunTrust maintained Regions Financial Corporation (NYSE:RF) rating on Tuesday, November 28. SunTrust has “Buy” rating and $19.0 target. The rating was maintained by Susquehanna on Friday, January 19 with “Hold”. See Regions Financial Corporation (NYSE:RF) latest ratings:

22/01/2018 Broker: Barclays Capital Rating: Sell New Target: $20.0
22/01/2018 Broker: Sandler O’Neill Rating: Buy Upgrade
21/01/2018 Broker: Jefferies Rating: Hold New Target: $19.0 Maintain
19/01/2018 Broker: RBC Capital Markets Rating: Hold New Target: $18.0 Maintain
19/01/2018 Broker: Susquehanna Rating: Hold New Target: $19.0 Maintain
19/01/2018 Broker: SunTrust Rating: Buy New Target: $22.0 Maintain
19/01/2018 Broker: Piper Jaffray Rating: Hold New Target: $18.0 Maintain
19/01/2018 Broker: FBR Capital Rating: Hold New Target: $19.0
08/01/2018 Broker: SunTrust Rating: Buy New Target: $20.0 Maintain
08/01/2018 Broker: Vining Sparks Rating: Buy New Target: $20.0

First American Bank decreased Microchip Technology Inc Com (MCHP) stake by 20.98% reported in 2017Q3 SEC filing. First American Bank sold 9,931 shares as Microchip Technology Inc Com (MCHP)’s stock rose 11.86%. The First American Bank holds 37,400 shares with $3.36M value, down from 47,331 last quarter. Microchip Technology Inc Com now has $22.20B valuation. The stock decreased 0.31% or $0.293 during the last trading session, reaching $94.927. About 1.02 million shares traded. Microchip Technology Incorporated (NASDAQ:MCHP) has risen 68.30% since February 1, 2017 and is uptrending. It has outperformed by 51.60% the S&P500.

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.17, from 1.12 in 2017Q2. It dropped, as 61 investors sold Regions Financial Corporation shares while 185 reduced holdings. 58 funds opened positions while 176 raised stakes. 848.03 million shares or 4.66% less from 889.52 million shares in 2017Q2 were reported. Everence Capital Management accumulated 0.09% or 24,860 shares. Security has 0% invested in Regions Financial Corporation (NYSE:RF). Legal And General Public Ltd Liability Co, a United Kingdom-based fund reported 6.34 million shares. Verition Fund Mngmt Ltd holds 28,777 shares or 0.04% of its portfolio. Assetmark reported 45,728 shares. Mason Street Limited Liability holds 0.06% or 165,898 shares in its portfolio. First Midwest Bankshares Trust Division reported 0.11% stake. Lbmc Investment Advsr Ltd Liability Corporation has invested 0.06% of its portfolio in Regions Financial Corporation (NYSE:RF). Oppenheimer Asset stated it has 98 shares. Duncker Streett And holds 0.14% or 30,309 shares. Goldman Sachs Grp has 20.81M shares for 0.08% of their portfolio. Nordea Investment has 0.14% invested in Regions Financial Corporation (NYSE:RF). Hussman Strategic Inc has 0.55% invested in Regions Financial Corporation (NYSE:RF) for 150,000 shares. Moreover, Checchi Cap Advisers Ltd has 0.02% invested in Regions Financial Corporation (NYSE:RF). 1.11 million were reported by Aperio Group Incorporated Ltd Llc.

Regions Financial Corporation, together with its subsidiaries, provides banking and bank-related services to individual and corporate clients in the United States. The company has market cap of $22.10 billion. The Company’s Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending, as well as equipment lease financing services and corresponding deposits. It has a 19.39 P/E ratio. This segment serves corporate, middle market, and commercial real estate developers and investors.

The stock increased 1.35% or $0.26 during the last trading session, reaching $19.49. About 3.84 million shares traded. Regions Financial Corporation (NYSE:RF) has risen 48.79% since February 1, 2017 and is uptrending. It has outperformed by 32.09% the S&P500.

Analysts await Microchip Technology Incorporated (NASDAQ:MCHP) to report earnings on February, 6. They expect $1.27 EPS, up 27.00% or $0.27 from last year’s $1 per share. MCHP’s profit will be $297.06 million for 18.69 P/E if the $1.27 EPS becomes a reality. After $1.37 actual EPS reported by Microchip Technology Incorporated for the previous quarter, Wall Street now forecasts -7.30% negative EPS growth.

First American Bank increased American Funds stake by 12,492 shares to 63,379 valued at $3.52M in 2017Q3. It also upped Pear Tree Funds stake by 33,353 shares and now owns 439,290 shares. First American Bank Conservative (Prn) was raised too.

Among 23 analysts covering Microchip Technology (NASDAQ:MCHP), 18 have Buy rating, 0 Sell and 5 Hold. Therefore 78% are positive. Microchip Technology has $123.0 highest and $43 lowest target. $94.86’s average target is -0.07% below currents $94.927 stock price. Microchip Technology had 59 analyst reports since August 5, 2015 according to SRatingsIntel. Morgan Stanley downgraded the shares of MCHP in report on Wednesday, November 1 to “Equal-Weight” rating. The stock of Microchip Technology Incorporated (NASDAQ:MCHP) has “Buy” rating given on Tuesday, June 6 by Needham. The firm earned “Buy” rating on Thursday, August 3 by Stifel Nicolaus. The stock of Microchip Technology Incorporated (NASDAQ:MCHP) has “Buy” rating given on Friday, August 4 by Needham. The rating was maintained by Stifel Nicolaus with “Buy” on Tuesday, September 26. The firm has “Buy” rating by Jefferies given on Thursday, October 19. The company was upgraded on Tuesday, September 8 by JP Morgan. As per Tuesday, November 7, the company rating was maintained by Susquehanna. The firm earned “Overweight” rating on Tuesday, August 9 by JP Morgan. The firm has “Buy” rating by Bank of America given on Tuesday, November 8.

Investors sentiment increased to 1.15 in Q3 2017. Its up 0.15, from 1 in 2017Q2. It is positive, as 25 investors sold MCHP shares while 231 reduced holdings. 72 funds opened positions while 223 raised stakes. 239.62 million shares or 1.85% more from 235.26 million shares in 2017Q2 were reported. Caprock Group Inc invested 0.14% in Microchip Technology Incorporated (NASDAQ:MCHP). Crossvault Cap Ltd Liability Company owns 15,661 shares. Moreover, Logan Capital Mgmt has 0.27% invested in Microchip Technology Incorporated (NASDAQ:MCHP). Chesley Taft & Associates Ltd Liability Co reported 0.11% of its portfolio in Microchip Technology Incorporated (NASDAQ:MCHP). Vanguard Grp has 25.09 million shares for 0.11% of their portfolio. South Dakota Investment Council reported 43,800 shares. Argent Trust owns 4,799 shares. Shaker Ltd Liability Company Oh reported 27,701 shares. Meiji Yasuda Asset Mgmt Ltd owns 8,223 shares. Connor Clark & Lunn Mgmt Limited has invested 0.04% in Microchip Technology Incorporated (NASDAQ:MCHP). Voya Invest Mgmt Limited Liability Corporation owns 0.86% invested in Microchip Technology Incorporated (NASDAQ:MCHP) for 4.47M shares. Lyons Wealth Mgmt Ltd Liability Corporation holds 0.52% or 3,843 shares in its portfolio. Mirador Cap Limited Partnership invested in 0.15% or 2,803 shares. Barrington Strategic Wealth Mgmt Gp Lc has 14,959 shares for 0.68% of their portfolio. Stephens Inc Ar holds 22,434 shares or 0.07% of its portfolio.