Regis Corporation (RGS) Shares Sold by Wells Fargo & Company MN
Wells Fargo & Company MN lowered its holdings in shares of Regis Corporation (NYSE:RGS) by 0.1% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 82,356 shares of the company’s stock after selling 45 shares during the period. Wells Fargo & Company MN owned 0.18% of Regis Corporation worth $845,000 as of its most recent filing with the SEC.
A number of other institutional investors have also bought and sold shares of RGS. Ameriprise Financial Inc. grew its holdings in Regis Corporation by 3.8% during the first quarter. Ameriprise Financial Inc. now owns 185,742 shares of the company’s stock worth $2,178,000 after purchasing an additional 6,885 shares during the period. Principal Financial Group Inc. grew its holdings in Regis Corporation by 4.0% during the first quarter. Principal Financial Group Inc. now owns 267,386 shares of the company’s stock worth $3,134,000 after purchasing an additional 10,179 shares during the period. Teachers Advisors LLC grew its holdings in Regis Corporation by 8.9% during the first quarter. Teachers Advisors LLC now owns 113,378 shares of the company’s stock worth $1,329,000 after purchasing an additional 9,235 shares during the period. California Public Employees Retirement System grew its holdings in Regis Corporation by 6.3% during the first quarter. California Public Employees Retirement System now owns 216,483 shares of the company’s stock worth $2,537,000 after purchasing an additional 12,800 shares during the period. Finally, Thrivent Financial For Lutherans grew its holdings in Regis Corporation by 4.7% during the first quarter. Thrivent Financial For Lutherans now owns 19,890 shares of the company’s stock worth $233,000 after purchasing an additional 890 shares during the period. Institutional investors and hedge funds own 94.89% of the company’s stock.
A number of equities research analysts have recently issued reports on RGS shares. Jefferies Group LLC restated a “buy” rating and set a $17.00 price objective (up previously from $15.00) on shares of Regis Corporation in a report on Tuesday, October 10th. BidaskClub cut Regis Corporation from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Finally, ValuEngine upgraded Regis Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 29th.
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Shares of Regis Corporation (RGS) opened at $14.48 on Tuesday. The company has a current ratio of 1.94, a quick ratio of 1.48 and a debt-to-equity ratio of 0.25. Regis Corporation has a 1-year low of $9.02 and a 1-year high of $15.61. The stock has a market capitalization of $674.51, a P/E ratio of 161.89, a PEG ratio of 10.95 and a beta of 1.42.
Regis Corporation (NYSE:RGS) last released its quarterly earnings data on Tuesday, October 31st. The company reported $0.10 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by ($0.03). Regis Corporation had a negative net margin of 2.70% and a positive return on equity of 0.81%. The firm had revenue of $309.87 million for the quarter, compared to analyst estimates of $334.10 million. During the same period last year, the business earned $0.12 EPS. equities research analysts expect that Regis Corporation will post 0.19 EPS for the current year.
Regis Corporation 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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