Dimensional Fund Advisors LP decreased its stake in Regis Corp. (NYSE:RGS) by 5.4% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 4,193,084 shares of the company’s stock after selling 241,326 shares during the period. Dimensional Fund Advisors LP owned 8.92% of Regis Corp. worth $52,203,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. BNP Paribas Arbitrage SA increased its stake in shares of Regis Corp. by 86.1% in the second quarter. BNP Paribas Arbitrage SA now owns 12,731 shares of the company’s stock valued at $159,000 after buying an additional 5,889 shares during the last quarter. Boothbay Fund Management LLC purchased a new stake in shares of Regis Corp. during the first quarter valued at approximately $175,000. Airain ltd purchased a new stake in shares of Regis Corp. during the second quarter valued at approximately $185,000. SG Americas Securities LLC purchased a new stake in shares of Regis Corp. during the second quarter valued at approximately $219,000. Finally, Societe Generale purchased a new stake in shares of Regis Corp. during the second quarter valued at approximately $219,000. Institutional investors and hedge funds own 97.87% of the company’s stock.
Shares of Regis Corp. (NYSE:RGS) traded down 3.03% during mid-day trading on Friday, hitting $12.15. 233,345 shares of the stock traded hands. The stock’s market cap is $559.29 million. Regis Corp. has a 12 month low of $10.96 and a 12 month high of $18.13. The firm has a 50 day moving average of $12.80 and a 200 day moving average of $13.47.
Regis Corp. (NYSE:RGS) last issued its quarterly earnings results on Tuesday, August 23rd. The company reported $0.12 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.13. Regis Corp. had a negative net margin of 0.63% and a positive return on equity of 0.52%. The business had revenue of $47.70 million for the quarter, compared to analyst estimates of $456.17 million. During the same quarter in the prior year, the business posted $0.01 EPS. Regis Corp.’s revenue for the quarter was down 3.3% compared to the same quarter last year. On average, equities analysts expect that Regis Corp. will post $0.08 EPS for the current fiscal year.
About Regis Corp.
Regis Corporation owns, franchises and operates beauty salons. The Company operates in three segments: North American Value, North American Premium and International. As of June 30, 2015, the Company owned, franchised or held ownership interests in 9,556 locations around the world. The Company’s locations consist of around 9,300 company-owned and franchised salons and around 200 locations in which it maintains a non-controlling ownership interest.
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