EAM Global Investors LLC bought a new position in shares of Regis Co. (NYSE:RGS) during the third quarter, HoldingsChannel.com reports. The fund bought 67,095 shares of the company’s stock, valued at approximately $1,371,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Piedmont Investment Advisors LLC purchased a new position in shares of Regis during the second quarter worth approximately $134,000. ClariVest Asset Management LLC purchased a new position in shares of Regis during the third quarter worth approximately $137,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its position in shares of Regis by 72.3% during the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 12,392 shares of the company’s stock worth $205,000 after acquiring an additional 5,200 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of Regis during the second quarter worth approximately $218,000. Finally, Engineers Gate Manager LP acquired a new stake in shares of Regis during the third quarter worth $254,000. Institutional investors and hedge funds own 99.50% of the company’s stock.

In related news, COO Jim Brian Lain sold 9,320 shares of the stock in a transaction on Tuesday, November 13th. The stock was sold at an average price of $17.88, for a total transaction of $166,641.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 25.10% of the stock is owned by company insiders.

Shares of NYSE RGS opened at $18.08 on Monday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.88 and a quick ratio of 1.26. Regis Co. has a 1-year low of $14.31 and a 1-year high of $22.40. The firm has a market cap of $801.45 million, a P/E ratio of 24.43, a P/E/G ratio of 2.64 and a beta of 1.62.

Regis (NYSE:RGS) last issued its quarterly earnings results on Tuesday, October 30th. The company reported ($0.02) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.22). Regis had a return on equity of 6.86% and a net margin of 2.60%. The company had revenue of $287.84 million for the quarter, compared to analyst estimates of $288.10 million. On average, sell-side analysts predict that Regis Co. will post 0.76 earnings per share for the current fiscal year.

Several brokerages recently weighed in on RGS. ValuEngine raised Regis from a “hold” rating to a “buy” rating in a report on Thursday. Zacks Investment Research downgraded Regis from a “buy” rating to a “hold” rating in a report on Friday, July 27th. Finally, TheStreet downgraded Regis from a “b” rating to a “c+” rating in a report on Tuesday, October 30th.

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About Regis

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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Want to see what other hedge funds are holding RGS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Regis Co. (NYSE:RGS).

Institutional Ownership by Quarter for Regis (NYSE:RGS)

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