Regis Co. (NYSE:RGS) SVP Kathryn Shawn Moren purchased 1,525 shares of the company’s stock in a transaction that occurred on Friday, August 30th. The stock was acquired at an average cost of $16.34 per share, with a total value of $24,918.50. Following the purchase, the senior vice president now directly owns 66,646 shares of the company’s stock, valued at $1,088,995.64. The purchase was disclosed in a legal filing with the SEC, which is available through this link.

RGS traded down $0.28 during trading on Friday, reaching $16.57. The stock had a trading volume of 1,403,159 shares, compared to its average volume of 409,677. The stock’s 50 day moving average is $17.35 and its two-hundred day moving average is $18.35. The company has a current ratio of 1.64, a quick ratio of 0.98 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $606.08 million, a price-to-earnings ratio of 11.87, a P/E/G ratio of 3.12 and a beta of 1.08. Regis Co. has a one year low of $14.50 and a one year high of $22.01.

Regis (NYSE:RGS) last posted its quarterly earnings data on Tuesday, August 27th. The company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.52. The business had revenue of $248.19 million during the quarter, compared to the consensus estimate of $250.30 million. Regis had a positive return on equity of 14.90% and a negative net margin of 1.33%. On average, equities research analysts predict that Regis Co. will post 0.72 earnings per share for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Victory Capital Management Inc. bought a new position in shares of Regis during the second quarter valued at $35,000. Quantamental Technologies LLC increased its holdings in shares of Regis by 590.1% during the second quarter. Quantamental Technologies LLC now owns 2,222 shares of the company’s stock valued at $37,000 after acquiring an additional 1,900 shares in the last quarter. Bank of Montreal Can increased its holdings in shares of Regis by 213.3% during the second quarter. Bank of Montreal Can now owns 3,525 shares of the company’s stock valued at $59,000 after acquiring an additional 2,400 shares in the last quarter. BNP Paribas Arbitrage SA increased its holdings in shares of Regis by 78.6% during the first quarter. BNP Paribas Arbitrage SA now owns 7,754 shares of the company’s stock valued at $153,000 after acquiring an additional 3,412 shares in the last quarter. Finally, Cubist Systematic Strategies LLC bought a new position in shares of Regis during the second quarter valued at $211,000. Institutional investors and hedge funds own 97.44% of the company’s stock.

A number of brokerages recently commented on RGS. ValuEngine lowered Regis from a “hold” rating to a “sell” rating in a research note on Wednesday, August 28th. TheStreet lowered Regis from a “b-” rating to a “c” rating in a research note on Monday, May 13th. Finally, Zacks Investment Research raised Regis from a “hold” rating to a “strong-buy” rating and set a $18.00 price target for the company in a research note on Saturday, August 31st.

Regis Company Profile

Regis Corporation owns, operates, and franchises hairstyling and hair care salons. The company operates through two operating segments, Company-owned salons and Franchise salons. Its salons operate primarily under the trade names of SmartStyle, Supercuts, MasterCuts, Regis Salons, and Cost Cutters; and serve value and premium categories of services.

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