Nationwide Fund Advisors raised its holdings in Regis Co. (NYSE:RGS) by 32.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 40,069 shares of the company’s stock after buying an additional 9,906 shares during the period. Nationwide Fund Advisors owned about 0.09% of Regis worth $572,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Cramer Rosenthal Mcglynn LLC lifted its position in shares of Regis by 15.1% during the second quarter. Cramer Rosenthal Mcglynn LLC now owns 3,578,452 shares of the company’s stock valued at $36,751,000 after purchasing an additional 469,955 shares in the last quarter. Northern Trust Corp lifted its position in shares of Regis by 84.5% during the second quarter. Northern Trust Corp now owns 876,077 shares of the company’s stock valued at $8,998,000 after purchasing an additional 401,194 shares in the last quarter. Citadel Advisors LLC lifted its position in shares of Regis by 230.4% during the second quarter. Citadel Advisors LLC now owns 307,170 shares of the company’s stock valued at $3,154,000 after purchasing an additional 214,203 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of Regis by 11.5% during the second quarter. Renaissance Technologies LLC now owns 1,960,200 shares of the company’s stock valued at $20,131,000 after purchasing an additional 202,700 shares in the last quarter. Finally, Cornerstone Capital Management Holdings LLC. lifted its position in shares of Regis by 44.9% during the second quarter. Cornerstone Capital Management Holdings LLC. now owns 311,965 shares of the company’s stock valued at $3,203,000 after purchasing an additional 96,700 shares in the last quarter. 95.55% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Regis Co. (RGS) opened at $15.36 on Tuesday. Regis Co. has a 1-year low of $9.02 and a 1-year high of $16.68. The company has a current ratio of 1.94, a quick ratio of 1.48 and a debt-to-equity ratio of 0.25. The stock has a market cap of $715.50, a PE ratio of -16.88, a P/E/G ratio of 9.54 and a beta of 1.44.

Regis (NYSE:RGS) last posted its quarterly earnings data on Tuesday, October 31st. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.03). Regis had a positive return on equity of 0.81% and a negative net margin of 2.70%. The company had revenue of $309.87 million for the quarter, compared to analysts’ expectations of $334.10 million. During the same quarter last year, the business posted $0.12 EPS. analysts forecast that Regis Co. will post 0.23 EPS for the current fiscal year.

A number of research firms recently weighed in on RGS. Zacks Investment Research lowered shares of Regis from a “buy” rating to a “hold” rating in a research report on Wednesday, December 6th. KeyCorp began coverage on shares of Regis in a research report on Wednesday, December 20th. They set a “sector weight” rating on the stock. Finally, Jefferies Group began coverage on shares of Regis in a report on Wednesday, September 13th. They set a “buy” rating and a $15.00 price objective for the company. One analyst has rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company. Regis currently has a consensus rating of “Hold” and an average target price of $17.00.

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Regis Profile

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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Institutional Ownership by Quarter for Regis (NYSE:RGS)

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