New York Community Bancorp, Inc. (NYCB), 3D Systems Corporation (DDD), Regions Financial Corporation (RF): Here’s What This Annual 20% Gainer Has Been Buying

Regions Financial Corporation (NYSE:RF), based in Alabama, posted second-quarter results that were solid but not exciting. Management pointed to increases in its loan balances outstanding, customer base, and core checking accounts, along with reduced future funding costs and an improved debt and capital structure. Its improved performance in Federal Reserve stress tests and its ambition to profit off mobile banking have encouraged investors, but some still see the company, overall, stuck in neutral. Regions Financial Corporation (NYSE:RF) tripled its dividend in April.

Finally, Caxton Associates’ biggest closed positions included calls on both Anadarko Petroleum and General Motors. Other closed positions of interest include Freeport McMoRan Copper & Gold, the world’s largest publicly traded copper producer, which has been challenged by falling copper and gold prices. Its second quarter was encouraging, featuring estimate-topping earnings (and revenue a bit below expectations), along with effective cost-cutting. While some wait for better days, other see Freeport’s stock as undervalued.

We should never blindly copy any investor’s moves, no matter how talented the investor. But it can be useful to keep an eye on what smart folks are doing. 13-F forms can be great places to find intriguing candidates for our portfolios.

The article Here’s What This Annual 20% Gainer Has Been Buying originally appeared on Fool.com and is written by Selena Maranjian.

Longtime Fool contributor Selena Maranjian, whom you can follow on Twitter, owns shares of Ford. The Motley Fool recommends 3D Systems, Ford, and General Motors. It owns shares of 3D Systems, Ford, and Freeport-McMoRan Copper & Gold and has the following options: short January 2014 $36 calls on 3D Systems and short January 2014 $20 puts on 3D Systems.

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