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.
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.
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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.
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