Basswood Capital Management Holding in Regions Finl New (RF) Has Lowered by $4.03 Million; Trustmark National Bank Trust Department Trimmed Its Holding in Walt Disney Company (DIS) by $427,378

January 15, 2018 - By Vivian Currie

Trustmark National Bank Trust Department decreased its stake in Walt Disney Company (DIS) by 19.89% based on its latest 2017Q3 regulatory filing with the SEC. Trustmark National Bank Trust Department sold 4,361 shares as the company’s stock declined 2.31% while stock markets rallied. The institutional investor held 17,565 shares of the television services company at the end of 2017Q3, valued at $1.73 million, down from 21,926 at the end of the previous reported quarter. Trustmark National Bank Trust Department who had been investing in Walt Disney Company for a number of months, seems to be less bullish one the $169.52 billion market cap company. The stock increased 1.33% or $1.48 during the last trading session, reaching $112.47. About 5.90 million shares traded. The Walt Disney Company (NYSE:DIS) has risen 9.26% since January 15, 2017 and is uptrending. It has underperformed by 7.44% the S&P500.

Matthew Lindenbaum decreased its stake in Regions Finl Corp New (RF) by 8.18% based on its latest 2017Q3 regulatory filing with the SEC. Basswood Capital Management Llc sold 268,572 shares as the company’s stock declined 8.39% while stock markets rallied. The hedge fund run by Matthew Lindenbaum held 3.01 million shares of the major banks company at the end of 2017Q3, valued at $45.89 million, down from 3.28 million at the end of the previous reported quarter. Basswood Capital Management Llc who had been investing in Regions Finl Corp New for a number of months, seems to be less bullish one the $21.20 billion market cap company. The stock increased 0.44% or $0.08 during the last trading session, reaching $18.28. About 7.14 million shares traded. Regions Financial Corporation (NYSE:RF) has risen 48.79% since January 15, 2017 and is uptrending. It has outperformed by 32.09% the S&P500.

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.20, from 1.09 in 2017Q2. It turned negative, as 90 investors sold DIS shares while 649 reduced holdings. 95 funds opened positions while 563 raised stakes. 898.84 million shares or 2.35% less from 920.44 million shares in 2017Q2 were reported. Pacad Investment invested in 0.61% or 27,910 shares. Eastern Commercial Bank accumulated 138,039 shares. 52,428 were reported by Highland Cap Management Limited Liability. The Washington-based Badgley Phelps Bell has invested 0.46% in The Walt Disney Company (NYSE:DIS). Gateway Inv Advisers Lc invested in 0.82% or 965,828 shares. Robeco Institutional Asset Mgmt Bv holds 0.22% or 353,295 shares. Barry Inv Ltd Llc accumulated 66,926 shares. Holt Cap Advsrs Limited Liability Corporation Dba Holt Cap LP reported 0.07% stake. Ohio-based Ptnrs Limited Oh Adv has invested 1.15% in The Walt Disney Company (NYSE:DIS). Fairview Capital Ltd Company has 8,463 shares. Tdam Usa Inc has invested 0.85% of its portfolio in The Walt Disney Company (NYSE:DIS). 34,754 are owned by Wallington Asset Management Ltd Limited Liability Company. Jump Trading Lc holds 0.04% or 2,028 shares. Tru Department Mb National Bank N A stated it has 4,933 shares or 0.05% of all its holdings. Swedbank has invested 1.2% in The Walt Disney Company (NYSE:DIS).

Trustmark National Bank Trust Department, which manages about $2.00 billion and $874.60 million US Long portfolio, upped its stake in Spdr by 23,768 shares to 459,730 shares, valued at $22.34M in 2017Q3, according to the filing. It also increased its holding in Powershares (PZA) by 126,942 shares in the quarter, for a total of 2.03M shares, and has risen its stake in Ishares (EFA).

Analysts await The Walt Disney Company (NYSE:DIS) to report earnings on February, 6. They expect $1.59 earnings per share, up 2.58% or $0.04 from last year’s $1.55 per share. DIS’s profit will be $2.40B for 17.68 P/E if the $1.59 EPS becomes a reality. After $1.07 actual earnings per share reported by The Walt Disney Company for the previous quarter, Wall Street now forecasts 48.60% EPS growth.

Among 38 analysts covering The Walt Disney Company (NYSE:DIS), 22 have Buy rating, 3 Sell and 13 Hold. Therefore 58% are positive. The Walt Disney Company had 145 analyst reports since July 24, 2015 according to SRatingsIntel. CLSA maintained the stock with “Outperform” rating in Friday, September 23 report. The rating was maintained by Barclays Capital with “Equal-Weight” on Friday, October 13. As per Monday, October 9, the company rating was upgraded by RBC Capital Markets. The rating was downgraded by Atlantic Securities to “Neutral” on Tuesday, January 26. The firm has “Hold” rating given on Tuesday, August 25 by Cowen & Co. Jefferies maintained The Walt Disney Company (NYSE:DIS) on Thursday, July 6 with “Hold” rating. The rating was maintained by Macquarie Research with “Outperform” on Tuesday, September 1. BMO Capital Markets maintained it with “Sell” rating and $90.0 target in Monday, October 16 report. Evercore upgraded The Walt Disney Company (NYSE:DIS) on Tuesday, January 3 to “Buy” rating. The firm has “Outperform” rating by Wells Fargo given on Tuesday, September 5.

Basswood Capital Management Llc, which manages about $2.47 billion and $2.18 billion US Long portfolio, upped its stake in First Long Is Corp (NASDAQ:FLIC) by 167,099 shares to 1.34 million shares, valued at $40.72M in 2017Q3, according to the filing. It also increased its holding in Fnb Corp Pa (NYSE:FNB) by 409,184 shares in the quarter, for a total of 1.04 million shares, and has risen its stake in First Intst Bancsystem Inc (NASDAQ:FIBK).

Analysts await Regions Financial Corporation (NYSE:RF) to report earnings on January, 19. They expect $0.26 earnings per share, up 13.04% or $0.03 from last year’s $0.23 per share. RF’s profit will be $301.59M for 17.58 P/E if the $0.26 EPS becomes a reality. After $0.25 actual earnings per share reported by Regions Financial Corporation for the previous quarter, Wall Street now forecasts 4.00% EPS growth.

Among 34 analysts covering Regions Financial Corp (NYSE:RF), 8 have Buy rating, 4 Sell and 22 Hold. Therefore 24% are positive. Regions Financial Corp had 99 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Regions Financial Corporation (NYSE:RF) has “Outperform” rating given on Thursday, December 21 by Wedbush. RBC Capital Markets maintained Regions Financial Corporation (NYSE:RF) rating on Thursday, July 27. RBC Capital Markets has “Hold” rating and $1500 target. The stock of Regions Financial Corporation (NYSE:RF) has “Buy” rating given on Thursday, October 8 by Guggenheim. Robert W. Baird maintained Regions Financial Corporation (NYSE:RF) rating on Tuesday, January 2. Robert W. Baird has “Sell” rating and $17.0 target. The rating was upgraded by SunTrust on Thursday, February 16 to “Buy”. PiperJaffray downgraded Regions Financial Corporation (NYSE:RF) on Wednesday, November 16 to “Neutral” rating. The firm has “Neutral” rating given 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 by Keefe Bruyette & Woods given on Monday, August 14. The stock has “Hold” rating by Rafferty on Thursday, April 20.

Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.17, from 1.12 in 2017Q2. It turned negative, as 61 investors sold RF 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. Hartford Inv Mngmt holds 0.08% or 271,896 shares in its portfolio. 2.08 million are held by Canada Pension Plan Inv Board. Ahl Partners Llp holds 0.03% of its portfolio in Regions Financial Corporation (NYSE:RF) for 122,366 shares. Oppenheimer Asset has invested 0% in Regions Financial Corporation (NYSE:RF). Raymond James Tru Na has 34,803 shares. Paloma Ptnrs Management holds 0.04% or 209,100 shares in its portfolio. 50,400 were reported by Northcoast Asset Ltd. Rowland & Counsel Adv owns 0.1% invested in Regions Financial Corporation (NYSE:RF) for 16,405 shares. Etrade Mgmt Lc reported 0.01% of its portfolio in Regions Financial Corporation (NYSE:RF). Exxonmobil Investment Mngmt Tx stated it has 218,239 shares or 0.08% of all its holdings. Blackrock holds 0.07% or 90.73M shares in its portfolio. 221,190 were accumulated by Leavell Investment Mgmt Incorporated. Meridian Mgmt owns 18,226 shares. Warren Averett Asset Mgmt Limited Liability Co holds 26,796 shares or 0.09% of its portfolio. Patten Inc owns 2,156 shares.

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