Two Sigma Advisers LP Trims Holdings in Regis Co. (RGS)

Two Sigma Advisers LP decreased its position in Regis Co. (NYSE:RGS) by 16.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 177,214 shares of the company’s stock after selling 35,700 shares during the quarter. Two Sigma Advisers LP owned 0.38% of Regis worth $2,722,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in the business. BlackRock Inc. increased its stake in 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 during the last quarter. Bank of New York Mellon Corp increased its stake in 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 during the last quarter. Oaktree Capital Management LP bought a new stake in Regis in the 3rd quarter worth approximately $4,593,000. Deutsche Bank AG increased its stake in 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 during the last quarter. Finally, ArrowMark Colorado Holdings LLC increased its stake in Regis by 7.0% in the 4th quarter. ArrowMark Colorado Holdings LLC now owns 305,601 shares of the company’s stock worth $4,694,000 after acquiring an additional 20,000 shares during the last quarter. 97.25% of the stock is currently owned by institutional investors and hedge funds.

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Several research firms have recently weighed in on RGS. Zacks Investment Research downgraded Regis from a “hold” rating to a “sell” rating in a research report on Wednesday. KeyCorp began coverage on Regis in a research report on Wednesday, December 20th. They set a “sector weight” rating on the stock. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $18.00.

NYSE RGS opened at $14.64 on Friday. The company has a market cap of $679.89, a PE ratio of 244.00, a P/E/G ratio of 4.37 and a beta of 1.36. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.52 and a current ratio of 2.07. Regis Co. has a fifty-two week low of $9.02 and a fifty-two week high of $17.13.

Regis (NYSE:RGS) last released its earnings results on Thursday, February 1st. The company reported $0.06 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.04. The firm had revenue of $308.52 million for the quarter, compared to the consensus estimate of $316.30 million. Regis had a positive return on equity of 1.68% and a negative net margin of 0.51%. equities analysts expect that Regis Co. will post 0.37 earnings per share for the current year.

In related news, Director David Patrick Williams bought 5,000 shares of the business’s stock in a transaction dated Thursday, February 8th. The shares were purchased at an average price of $15.50 per share, with a total value of $77,500.00. Following the transaction, the director now owns 96,861 shares in the company, valued at approximately $1,501,345.50. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 24.00% of the company’s stock.

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Regis Company Profile

Regis Corporation owns, operates, and franchises hairstyling and hair care salons. The company operates through four segments: North American Value, North American Franchise, North American Premium, and International. Its salons offer haircutting and styling, including shampooing and conditioning; custom styling, cutting, and hair coloring, as well as professional hair care products; and other services.

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Institutional Ownership by Quarter for Regis (NYSE:RGS)

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