Goldman Sachs Group Inc. lowered its position in Regis Co. (NYSE:RGS) by 62.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 127,238 shares of the company’s stock after selling 215,854 shares during the quarter. Goldman Sachs Group Inc. owned about 0.27% of Regis worth $1,955,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. California Public Employees Retirement System grew its holdings in Regis by 5.9% during the 3rd quarter. California Public Employees Retirement System now owns 217,872 shares of the company’s stock valued at $3,109,000 after buying an additional 12,089 shares in the last quarter. Stone Ridge Asset Management LLC purchased a new position in Regis during the 4th quarter valued at about $1,057,000. OxFORD Asset Management LLP purchased a new position in Regis during the 3rd quarter valued at about $1,146,000. Wells Fargo & Company MN grew its holdings in Regis by 17.1% during the 3rd quarter. Wells Fargo & Company MN now owns 96,428 shares of the company’s stock valued at $1,376,000 after buying an additional 14,072 shares in the last quarter. Finally, AXA grew its holdings in Regis by 280.7% during the 4th quarter. AXA now owns 118,400 shares of the company’s stock valued at $1,819,000 after buying an additional 87,300 shares in the last quarter. 97.25% of the stock is owned by institutional investors.

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A number of research analysts have weighed in on RGS shares. Zacks Investment Research lowered Regis from a “buy” rating to a “hold” rating in a report on Wednesday, February 21st. KeyCorp started coverage on Regis in a report on Wednesday, December 20th. They set a “sector weight” rating for the company. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $18.00.

RGS stock opened at $14.76 on Tuesday. The stock has a market cap of $681.29, a price-to-earnings ratio of 246.67, a P/E/G ratio of 4.38 and a beta of 1.36. The company has a quick ratio of 1.52, a current ratio of 2.07 and a debt-to-equity ratio of 0.23. Regis Co. has a twelve month low of $9.02 and a twelve month high of $17.13.

Regis (NYSE:RGS) last issued its quarterly earnings results on Thursday, February 1st. The company reported $0.06 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.04. The firm had revenue of $308.52 million during the quarter, compared to the consensus estimate of $316.30 million. Regis had a positive return on equity of 1.68% and a negative net margin of 0.51%. sell-side analysts expect that Regis Co. will post 0.37 EPS for the current fiscal year.

In other Regis news, Director David Patrick Williams purchased 5,000 shares of the company’s stock in a transaction dated Thursday, February 8th. The stock was purchased at an average price of $15.50 per share, for a total transaction of $77,500.00. Following the transaction, the director now owns 96,861 shares in the company, valued at approximately $1,501,345.50. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 24.00% of the company’s stock.

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About Regis

Regis Corporation owns, operates, and franchises hairstyling and hair care salons. The company operates through four segments: North American Value, North American Franchise, North American Premium, and International. Its salons offer haircutting and styling, including shampooing and conditioning; custom styling, cutting, and hair coloring, as well as professional hair care products; and other services.

Institutional Ownership by Quarter for Regis (NYSE:RGS)

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