Capstone Asset Management Co. cut its stake in Regis Corporation (NYSE:RGS) by 1.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,053 shares of the company’s stock after selling 340 shares during the period. Capstone Asset Management Co.’s holdings in Regis Corporation were worth $226,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in RGS. Norges Bank acquired a new position in Regis Corporation during the fourth quarter valued at approximately $9,723,000. Teachers Advisors LLC increased its position in Regis Corporation by 77.9% in the fourth quarter. Teachers Advisors LLC now owns 104,143 shares of the company’s stock valued at $1,512,000 after buying an additional 45,604 shares during the period. Bank of Montreal Can increased its position in Regis Corporation by 2.8% in the first quarter. Bank of Montreal Can now owns 25,960 shares of the company’s stock valued at $304,000 after buying an additional 710 shares during the period. Louisiana State Employees Retirement System increased its position in Regis Corporation by 1.4% in the first quarter. Louisiana State Employees Retirement System now owns 14,300 shares of the company’s stock valued at $168,000 after buying an additional 200 shares during the period. Finally, Wells Fargo & Company MN increased its position in Regis Corporation by 12.9% in the first quarter. Wells Fargo & Company MN now owns 82,401 shares of the company’s stock valued at $966,000 after buying an additional 9,421 shares during the period. 94.39% of the stock is owned by institutional investors.

Regis Corporation (NYSE:RGS) traded down 1.76% during mid-day trading on Friday, reaching $10.07. 103,404 shares of the company’s stock traded hands. The company’s market cap is $466.85 million. The stock has a 50 day moving average of $10.30 and a 200 day moving average of $10.92. Regis Corporation has a 12-month low of $9.02 and a 12-month high of $15.61.

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Several research analysts recently commented on RGS shares. TheStreet downgraded shares of Regis Corporation from a “c-” rating to a “d” rating in a report on Friday, May 5th. ValuEngine cut shares of Regis Corporation from a “hold” rating to a “sell” rating in a research note on Friday, June 2nd. Finally, BidaskClub cut shares of Regis Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th.

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.

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

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