Regis Corporation (RGS) Shares Bought by Cramer Rosenthal Mcglynn LLC
Cramer Rosenthal Mcglynn LLC increased its holdings in shares of Regis Corporation (NYSE:RGS) by 15.1% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 3,578,452 shares of the company’s stock after purchasing an additional 469,955 shares during the period. Cramer Rosenthal Mcglynn LLC owned 7.72% of Regis Corporation worth $36,751,000 as of its most recent filing with the SEC.
A number of other institutional investors have also bought and sold shares of the stock. Texas Permanent School Fund increased its position in Regis Corporation by 0.9% during the second quarter. Texas Permanent School Fund now owns 25,696 shares of the company’s stock worth $264,000 after buying an additional 227 shares during the last quarter. Arizona State Retirement System raised its stake in Regis Corporation by 1.7% in the first quarter. Arizona State Retirement System now owns 18,357 shares of the company’s stock valued at $215,000 after buying an additional 300 shares during the period. Public Employees Retirement System of Ohio raised its stake in Regis Corporation by 6.1% in the first quarter. Public Employees Retirement System of Ohio now owns 10,389 shares of the company’s stock valued at $122,000 after buying an additional 599 shares during the period. Thrivent Financial For Lutherans raised its stake in Regis Corporation by 4.7% in the first quarter. Thrivent Financial For Lutherans now owns 19,890 shares of the company’s stock valued at $233,000 after buying an additional 890 shares during the period. Finally, Wedge Capital Management L L P NC raised its stake in Regis Corporation by 10.3% in the second quarter. Wedge Capital Management L L P NC now owns 15,716 shares of the company’s stock valued at $161,000 after buying an additional 1,464 shares during the period. Institutional investors and hedge funds own 95.35% of the company’s stock.
A number of analysts have recently issued reports on the company. BidaskClub raised Regis Corporation from a “hold” rating to a “buy” rating in a research report on Saturday, August 26th. Jefferies Group LLC started coverage on Regis Corporation in a report on Wednesday, September 13th. They set a “buy” rating and a $15.00 target price on the stock. Finally, ValuEngine raised Regis Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 29th. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $15.00.
Regis Corporation (NYSE:RGS) traded down 0.33% during trading on Wednesday, hitting $15.20. 25,687 shares of the company’s stock traded hands. The company’s market cap is $705.26 million. The company’s 50 day moving average price is $12.77 and its 200 day moving average price is $11.02. Regis Corporation has a 52-week low of $9.02 and a 52-week high of $15.61.
Regis Corporation (NYSE:RGS) last announced its earnings results on Wednesday, August 23rd. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.12. The firm had revenue of $424.20 million during the quarter. Regis Corporation had a positive return on equity of 0.70% and a negative net margin of 0.95%. Analysts expect that Regis Corporation will post $0.13 earnings per share for the current year.
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Regis Corporation 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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