Top 5 RE professions of the 2nd quarter

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FINANCIAL SOCIETY OF THE REGIONS recently filed its 13F report for the second quarter of 2022, which ended on 2022-06-30.

The 13F report details the stocks that were in a guru’s stock portfolio at the end of the quarter, although investors should note that these filings are limited in scope, containing only an overview of long stock positions. listed in the United States and American certificates of deposit at the end of the quarter. They are not required to include international holdings, short positions or other types of investments. Yet even this limited repository can provide valuable information.

Regions Financial Corp is a banking and financial services company which operates in the United States through its subsidiaries. The company was formed from the merger of three Alabama banks in 1971: First National Bank of Montgomery, established in 1871, Exchange Security Bank of Birmingham, established in 1928, and First National Bank of Huntsville, established in 1856 The combined company would be the first state-chartered bank holding company in the state of Alabama and would be known as First Alabama Bancshares. While the company would soon thereafter acquire and merge with other companies, the three original banking entities would operate independently until the formal merger in 1985. The company would change to its current name Regions Financial Corp in 1992 after expanding into other states, including Florida, Georgia, Tennessee and Arkansas, reflecting its development into a regional bank and consolidating its operating subsidiaries as Regions Bank. Regions Financial Corp would then continue to expand its presence, adding branches in various southwestern states including Texas, Louisiana and others, until it had branches throughout the Southwest region. western United States. In 2002, the company would be listed on the New York Stock Exchange, prompting further expansion and the opening of Regions Mortgage, its mortgage bank, a trust company, and Regions Investment Company, an investment company. . Regions Financial Corp is currently the largest deposit holder in Alabama and a member of the Fortune 500. The company has over 23,000 employees operating in over 1,700 branches located in 16 states and has over $120 billion in total assets , generating an annual revenue of $5.4 billion. . The company invests most in the financials sector, which alone accounts for almost a third of its total asset allocations, and also invests in the information technology, healthcare, consumer discretionary, basic consumption and energy, among others, in descending order of allocation.

According to the latest 13F report, the guru’s stock portfolio contained 851 stocks valued at a total of $10.51 billion. The top holdings were IVV (4.64%), IJH (3.25%) and IJR (3.06%).

According to data from GuruFocus, these were REGIONS FINANCIAL CORP’s top five deals of the quarter.

AT&T Inc.

During the quarter, REGIONS FINANCIAL CORP purchased 2,298,066 shares of NYSE:T for a total holding of 2,802,577. The transaction had a 0.46% impact on the equity portfolio. During the quarter, the stock traded at an average price of $19.91.

On 7/25/2022, AT&T Inc traded at a price of $18.53 per share and a market capitalization of $132.04 billion. The stock has returned -5.28% over the past year.

GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 7 out of 10.

In terms of valuation, AT&T Inc has a price/earnings ratio of 6.81, a price/book ratio of 1.10, an EV/Ebitda ratio of 5.15 and a price/sales ratio of 0.92.

The GF price-to-value ratio is 1.02, giving the stock a GF value rank of 5.

iShares Core S&P 500 ETF

REGIONS FINANCIAL CORP reduced its investment in ARCA:IVV by 72,696 shares. The transaction had an impact of 0.27% on the equity portfolio. During the quarter, the stock traded at an average price of $411.02.

On 07/25/2022, iShares Core S&P 500 ETF traded at a price of $397.65 per share and a market capitalization of $293.29 billion. The title returned -8.77% over the past year.

The data is insufficient to calculate the financial strength and profitability of the stock.

In terms of valuation, iShares Core S&P 500 ETF has a price-to-earnings ratio of 18.40 and a price-to-book ratio of 3.55.

Synchrony Financial

REGIONS FINANCIAL CORP reduced its investment in NYSE:SYF by 937,564 shares. The transaction had an impact of 0.27% on the equity portfolio. During the quarter, the stock traded at an average price of $34.72.

On 7/25/2022, Synchrony Financial traded at a price of $32.82 per share and a market capitalization of $15.81 billion. The stock has returned -27.54% over the past year.

GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 6 out of 10.

In terms of valuation, Synchrony Financial has a price/earnings ratio of 4.80, a price/book ratio of 1.27, a price/earnings/growth (PEG) ratio of 0.75 and a price/sales ratio of 1.12.

The GF price/value ratio is 0.87, giving the stock a GF value rank of 7.

Comcast Corporation

REGIONS FINANCIAL CORP reduced its investment in NAS:CMCSA by 659,510 shares. The transaction had an impact of 0.25% on the equity portfolio. During the quarter, the stock traded at an average price of $42.94.

On 7/25/2022, Comcast Corp traded at a price of $42.47 per share and a market capitalization of $190.27 billion. The stock has returned -25.45% over the past year.

GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 9 out of 10.

In terms of valuation, Comcast Corp has a price/earnings ratio of 13.71, a price/book ratio of 2.01, a price/earnings/growth (PEG) ratio of 1.88, an EV/EBITDA ratio of 7.34 and a price-to-sales ratio of 1.64.

The GF price-to-value ratio is 0.80, giving the stock a GF value rank of 9.

iShares S&P Small-Cap 600 Value ETF

REGIONS FINANCIAL CORP reduced its investment in ARCA:IJS by 213,655 shares. The transaction had an impact of 0.18% on the equity portfolio. During the quarter, the stock traded at an average price of $95.77.

On 07/25/2022, iShares S&P Small-Cap 600 Value ETF traded at a price of $93.18 per share and a market capitalization of $8.39 billion. The stock has returned -4.77% over the past year.

The data is insufficient to calculate the financial strength and profitability of the stock.

In terms of valuation, iShares S&P Small-Cap 600 Value ETF has a price-to-earnings ratio of 11.31 and a price-to-book ratio of 1.33.

Please note that figures and facts quoted are at the time of writing this article and may not reflect the latest business data or company announcements.

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