TFS Capital LLC Takes Position in Regis Corporation (RGS)

TFS Capital LLC purchased a new stake in shares of Regis Corporation (NYSE:RGS) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,795 shares of the company’s stock, valued at approximately $150,000.

Several other large investors also recently made changes to their positions in RGS. Norges Bank bought a new stake in shares of Regis Corporation during the fourth quarter valued at about $9,723,000. Brown Advisory Inc. increased its stake in Regis Corporation by 9.1% in the fourth quarter. Brown Advisory Inc. now owns 3,512,510 shares of the company’s stock valued at $51,001,000 after buying an additional 293,569 shares in the last quarter. Guggenheim Capital LLC increased its stake in Regis Corporation by 273.2% in the fourth quarter. Guggenheim Capital LLC now owns 244,390 shares of the company’s stock valued at $3,548,000 after buying an additional 178,905 shares in the last quarter. BlackRock Fund Advisors increased its stake in Regis Corporation by 5.0% in the third quarter. BlackRock Fund Advisors now owns 2,541,081 shares of the company’s stock valued at $31,891,000 after buying an additional 122,142 shares in the last quarter. Finally, Two Sigma Investments LP increased its stake in Regis Corporation by 265.6% in the fourth quarter. Two Sigma Investments LP now owns 121,546 shares of the company’s stock valued at $1,765,000 after buying an additional 88,301 shares in the last quarter. 96.37% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for Regis Corporation (NYSE:RGS)

Shares of Regis Corporation (NYSE RGS) traded down 0.76% during mid-day trading on Friday, reaching $10.48. 288,687 shares of the company’s stock were exchanged. The stock has a 50-day moving average of $9.86 and a 200 day moving average of $12.23. The firm’s market capitalization is $485.85 million. Regis Corporation has a one year low of $9.02 and a one year high of $15.61.

Regis Corporation (NYSE:RGS) last announced its quarterly earnings data on Thursday, May 4th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.02 by $0.20. The firm had revenue of $412.60 million for the quarter. Regis Corporation had a negative net margin of 0.69% and a negative return on equity of 0.01%. On average, analysts forecast that Regis Corporation will post $0.13 EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: “TFS Capital LLC Takes Position in Regis Corporation (RGS)” was first reported by Transcript Daily and is the sole property of of Transcript Daily. If you are reading this report on another website, it was copied illegally and reposted in violation of US & international trademark & copyright laws. The correct version of this report can be read at https://transcriptdaily.com/2017/06/17/tfs-capital-llc-buys-shares-of-12795-regis-co-rgs-updated-updated.html.

RGS has been the topic of a number of recent analyst reports. TheStreet downgraded shares of Regis Corporation from a “c-” rating to a “d” rating in a research report on Friday, May 5th. ValuEngine downgraded shares of Regis Corporation from a “hold” rating to a “sell” rating in a research report on Friday, June 2nd.

In other Regis Corporation news, Director Michael J. Merriman acquired 10,000 shares of Regis Corporation stock in a transaction that occurred on Monday, May 8th. The stock was bought at an average cost of $9.24 per share, for a total transaction of $92,400.00. Following the acquisition, the director now owns 46,253 shares of the company’s stock, valued at $427,377.72. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Hugh E. Sawyer III acquired 10,500 shares of Regis Corporation stock in a transaction that occurred on Monday, May 8th. The stock was acquired at an average price of $9.81 per share, with a total value of $103,005.00. Following the completion of the acquisition, the chief executive officer now directly owns 100,186 shares in the company, valued at approximately $982,824.66. The disclosure for this purchase can be found here. 24.00% of the stock is owned by company insiders.

Regis Corporation Company Profile

Regis Corporation owns, franchises and operates beauty salons. The Company operates through three segments: North American Value, North American Premium and International. As of June 30, 2016, the Company’s North American Value salon operations consisted of 5,784 Company-owned salons and 2,496 franchised salons operating in the United States, Canada and Puerto Rico.

Receive News & Ratings for Regis Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Regis Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply