Legal & General Group Plc raised its stake in Regis Corporation (NYSE:RGS) by 11.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 68,976 shares of the company’s stock after purchasing an additional 7,083 shares during the quarter. Legal & General Group Plc owned approximately 0.15% of Regis Corporation worth $708,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Wedge Capital Management L L P NC lifted its position in shares of 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 last quarter. Boston Partners acquired a new stake in shares of Regis Corporation in the second quarter valued at approximately $2,356,000. Schwab Charles Investment Management Inc. lifted its position in shares of Regis Corporation by 18.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 583,946 shares of the company’s stock valued at $5,998,000 after buying an additional 91,208 shares during the last quarter. Texas Permanent School Fund lifted its position in shares of Regis Corporation by 0.9% in the second quarter. Texas Permanent School Fund now owns 25,696 shares of the company’s stock valued at $264,000 after buying an additional 227 shares during the last quarter. Finally, Great West Life Assurance Co. Can lifted its position in shares of Regis Corporation by 9.8% in the second quarter. Great West Life Assurance Co. Can now owns 56,111 shares of the company’s stock valued at $575,000 after buying an additional 5,000 shares during the last quarter. Hedge funds and other institutional investors own 95.35% of the company’s stock.

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Regis Corporation (NYSE:RGS) traded up 0.34% during mid-day trading on Friday, reaching $14.72. The company had a trading volume of 250,106 shares. The stock’s market capitalization is $682.99 million. The company’s 50-day moving average is $13.73 and its 200-day moving average is $11.21. Regis Corporation has a one year low of $9.02 and a one year high of $15.61.

Regis Corporation (NYSE:RGS) last issued its quarterly earnings data on Wednesday, August 23rd. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.08 by $0.12. The firm had revenue of $424.20 million during the quarter. Regis Corporation had a negative net margin of 0.95% and a positive return on equity of 0.70%. Equities research analysts anticipate that Regis Corporation will post $0.13 earnings per share for the current year.

A number of research firms have recently issued reports on RGS. Jefferies Group LLC reaffirmed a “buy” rating and issued a $17.00 price objective (up from $15.00) on shares of Regis Corporation in a research report on Tuesday. ValuEngine raised Regis Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, August 29th. Finally, BidaskClub raised Regis Corporation from a “hold” rating to a “buy” rating in a report on Saturday, August 26th.

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.

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

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