State Board of Administration of Florida Retirement System Sells 136 Shares of Regis Corp. (RGS)
State Board of Administration of Florida Retirement System decreased its position in shares of Regis Corp. (NYSE:RGS) by 0.3% during the second quarter, Holdings Channel reports. The fund owned 45,015 shares of the company’s stock after selling 136 shares during the period. State Board of Administration of Florida Retirement System owned about 0.10% of Regis Corp. worth $560,000 as of its most recent SEC filing.
Several other hedge funds have also recently made changes to their positions in RGS. Norges Bank bought a new position in shares of Regis Corp. during the fourth quarter worth about $10,310,000. BlackRock Group LTD increased its position in shares of Regis Corp. by 3.4% in the first quarter. BlackRock Group LTD now owns 82,710 shares of the company’s stock worth $1,257,000 after buying an additional 2,750 shares during the period. BlackRock Fund Advisors increased its position in shares of Regis Corp. by 0.8% in the first quarter. BlackRock Fund Advisors now owns 2,338,965 shares of the company’s stock worth $35,529,000 after buying an additional 19,582 shares during the period. JPMorgan Chase & Co. increased its position in shares of Regis Corp. by 2.8% in the first quarter. JPMorgan Chase & Co. now owns 2,046,175 shares of the company’s stock worth $31,081,000 after buying an additional 56,175 shares during the period. Finally, Landscape Capital Management L.L.C. increased its position in shares of Regis Corp. by 56.8% in the first quarter. Landscape Capital Management L.L.C. now owns 47,673 shares of the company’s stock worth $724,000 after buying an additional 17,273 shares during the period. 97.87% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Regis Corp. (NYSE:RGS) traded down 0.08% during trading on Wednesday, hitting $12.68. The stock had a trading volume of 117,245 shares. Regis Corp. has a 52 week low of $10.96 and a 52 week high of $18.13. The firm has a 50-day moving average price of $12.86 and a 200 day moving average price of $13.50. The company’s market capitalization is $583.69 million.
Regis Corp. (NYSE:RGS) last announced its earnings results on Tuesday, August 23rd. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.13. The business had revenue of $47.70 million for the quarter, compared to analyst estimates of $456.17 million. Regis Corp. had a positive return on equity of 0.52% and a negative net margin of 0.63%. The company’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.01 EPS. Equities analysts anticipate that Regis Corp. will post $0.08 earnings per share for the current year.
About Regis Corp.
Regis Corporation owns, franchises and operates beauty salons. The Company operates in three segments: North American Value, North American Premium and International. As of June 30, 2015, the Company owned, franchised or held ownership interests in 9,556 locations around the world. The Company’s locations consist of around 9,300 company-owned and franchised salons and around 200 locations in which it maintains a non-controlling ownership interest.
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