Jefferies Initiates Coverage of Regions Financial Preferred Stock

Fintel reports that on May 21, 2025, Jefferies initiated coverage of Regions Financial Corporation – Preferred Stock (NYSE: RF.PRF) with a Hold recommendation.

Fund Sentiment Overview

Currently, 32 funds or institutions hold positions in Regions Financial Corporation – Preferred Stock. This marks an increase of three owners or 10.34% from the previous quarter. The average portfolio weight assigned to RF.PRF by these funds is 0.77%, reflecting a rise of 4.65%. Over the last three months, total shares owned by institutions rose by 3.55%, amounting to 7,828K shares.

Actions of Other Shareholders

The PFF – iShares Preferred and Income Securities ETF holds 1,859K shares. Previously, it reported owning 1,910K shares, indicating a decrease of 2.71%. Nonetheless, the firm increased its portfolio allocation in RF.PRF by 3.17% over the last quarter.

The PFFA – Virtus InfraCap U.S. Preferred Stock ETF now holds 960K shares, down from 1,230K shares, reflecting a decrease of 28.03%. This firm decreased its portfolio allocation in RF.PRF by 26.79% in the past quarter.

The PNARX – Spectrum Preferred and Capital Securities Income Fund owns 846K shares, slightly down from 851K shares, showing a decrease of 0.59%. However, this firm increased its portfolio allocation in RF.PRF by 1.48% during the last quarter.

The PGX – Invesco Preferred ETF holds 825K shares, down from 848K shares, representing a decrease of 2.83%. The firm decreased its portfolio allocation in RF.PRF by 0.69% over the last quarter.

Lastly, the PGF – Invesco Financial Preferred ETF increased its holdings to 394K shares from 386K shares, indicating a rise of 1.97%. The firm increased its portfolio allocation in RF.PRF by 11.54% during the last quarter.

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of any specific financial institution.