Cramer Rosenthal Mcglynn LLC decreased its position in Regis Co. (NYSE:RGS) by 10.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,777,217 shares of the company’s stock after selling 317,778 shares during the quarter. Cramer Rosenthal Mcglynn LLC owned 0.06% of Regis worth $42,658,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. grew its position in shares of Regis by 1.8% in the 4th quarter. BlackRock Inc. now owns 4,618,760 shares of the company’s stock worth $70,946,000 after acquiring an additional 83,859 shares in the last quarter. State Street Corp grew its position in shares of Regis by 2.6% in the 2nd quarter. State Street Corp now owns 909,613 shares of the company’s stock worth $9,340,000 after acquiring an additional 23,241 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of Regis by 3.5% in the 4th quarter. Bank of New York Mellon Corp now owns 393,019 shares of the company’s stock worth $6,037,000 after acquiring an additional 13,277 shares in the last quarter. Oaktree Capital Management LP acquired a new position in shares of Regis in the 3rd quarter worth approximately $4,593,000. Finally, Deutsche Bank AG grew its position in shares of Regis by 5.8% in the 4th quarter. Deutsche Bank AG now owns 309,434 shares of the company’s stock worth $4,750,000 after acquiring an additional 16,874 shares in the last quarter. Institutional investors own 97.25% of the company’s stock.
In related news, Director David Patrick Williams acquired 5,000 shares of Regis stock in a transaction that occurred on Thursday, February 8th. The stock was acquired at an average price of $15.50 per share, for a total transaction of $77,500.00. Following the transaction, the director now directly owns 96,861 shares of the company’s stock, valued at approximately $1,501,345.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 24.00% of the company’s stock.
Regis Co. (NYSE RGS) opened at $15.92 on Tuesday. The company has a market capitalization of $746.20, a P/E ratio of -93.64, a PEG ratio of 6.17 and a beta of 1.33. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.07 and a quick ratio of 1.52. Regis Co. has a 12-month low of $9.02 and a 12-month high of $17.13.
Regis (NYSE:RGS) last issued its earnings results on Thursday, February 1st. The company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.02 by $0.04. The company had revenue of $308.52 million during the quarter, compared to analyst estimates of $316.30 million. Regis had a positive return on equity of 1.68% and a negative net margin of 0.51%. research analysts expect that Regis Co. will post 0.37 earnings per share for the current year.
Regis Corporation owns, franchises and operates beauty salons. The Company operates through two segments: North American Value and North American Premium. 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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