Landscape Capital Management L.L.C. Acquires 33,322 Shares of Regis Co. (RGS)

Landscape Capital Management L.L.C. lifted its holdings in shares of Regis Co. (NYSE:RGS) by 73.1% during the first quarter, HoldingsChannel reports. The institutional investor owned 78,887 shares of the company’s stock after acquiring an additional 33,322 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Regis were worth $1,194,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its stake in shares of Regis by 170.6% during the 1st quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 7,192 shares of the company’s stock valued at $109,000 after buying an additional 4,534 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its stake in shares of Regis by 0.9% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 516,524 shares of the company’s stock valued at $7,816,000 after buying an additional 4,635 shares in the last quarter. Northern Trust Corp lifted its stake in shares of Regis by 0.6% during the 1st quarter. Northern Trust Corp now owns 867,977 shares of the company’s stock valued at $13,132,000 after buying an additional 5,581 shares in the last quarter. California Public Employees Retirement System lifted its stake in shares of Regis by 3.1% during the 4th quarter. California Public Employees Retirement System now owns 224,710 shares of the company’s stock valued at $3,452,000 after buying an additional 6,838 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its stake in shares of Regis by 20.4% during the 4th quarter. Alliancebernstein L.P. now owns 60,604 shares of the company’s stock valued at $931,000 after buying an additional 10,260 shares in the last quarter. Institutional investors own 94.35% of the company’s stock.

Regis opened at $17.30 on Friday, according to Marketbeat.com. Regis Co. has a 1 year low of $9.40 and a 1 year high of $17.56. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.21 and a current ratio of 1.74. The company has a market capitalization of $801.22 million, a price-to-earnings ratio of 288.33 and a beta of 1.35.

Regis (NYSE:RGS) last posted its earnings results on Tuesday, May 1st. The company reported $0.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.10) by $0.31. Regis had a net margin of 0.39% and a return on equity of 5.24%. The business had revenue of $300.80 million for the quarter, compared to analysts’ expectations of $309.50 million. During the same period in the prior year, the company posted $0.07 EPS.

A number of analysts recently commented on the stock. Zacks Investment Research upgraded shares of Regis from a “sell” rating to a “hold” rating and set a $17.00 price target on the stock in a research note on Saturday, February 3rd. ValuEngine upgraded shares of Regis from a “hold” rating to a “buy” rating in a research note on Wednesday, May 2nd. Finally, TheStreet cut shares of Regis from a “b-” rating to a “c+” rating in a research note on Monday, May 7th. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $18.00.

Regis Company Profile

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.

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Institutional Ownership by Quarter for Regis (NYSE:RGS)

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