Regis Co. (NYSE:RGS) Shares Sold by MetLife Investment Advisors LLC

MetLife Investment Advisors LLC lessened its holdings in Regis Co. (NYSE:RGS) by 28.9% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,930 shares of the company’s stock after selling 5,250 shares during the period. MetLife Investment Advisors LLC’s holdings in Regis were worth $254,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of RGS. Meeder Asset Management Inc. acquired a new stake in Regis during the 1st quarter worth $36,000. BNP Paribas Arbitrage SA raised its stake in Regis by 78.6% during the 1st quarter. BNP Paribas Arbitrage SA now owns 7,754 shares of the company’s stock worth $153,000 after acquiring an additional 3,412 shares in the last quarter. Municipal Employees Retirement System of Michigan acquired a new stake in Regis during the 4th quarter worth $165,000. Metropolitan Life Insurance Co. NY raised its stake in Regis by 309.7% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 10,727 shares of the company’s stock worth $182,000 after acquiring an additional 8,109 shares in the last quarter. Finally, United Services Automobile Association increased its stake in Regis by 14.3% in the fourth quarter. United Services Automobile Association now owns 11,341 shares of the company’s stock valued at $192,000 after purchasing an additional 1,417 shares during the period. 99.05% of the stock is owned by institutional investors.

Shares of Regis stock traded down $0.16 during trading hours on Thursday, hitting $17.99. The company’s stock had a trading volume of 268,724 shares, compared to its average volume of 276,874. The company has a quick ratio of 0.98, a current ratio of 1.62 and a debt-to-equity ratio of 0.29. Regis Co. has a 1-year low of $15.06 and a 1-year high of $22.40. The firm has a fifty day moving average price of $18.00. The firm has a market cap of $720.07 million, a P/E ratio of 30.49, a PEG ratio of 4.52 and a beta of 1.05.

Regis (NYSE:RGS) last posted its quarterly earnings data on Tuesday, April 30th. The company reported $0.37 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.08 by $0.29. Regis had a negative net margin of 0.36% and a positive return on equity of 10.20%. The company had revenue of $258.34 million during the quarter, compared to analyst estimates of $276.60 million. Analysts anticipate that Regis Co. will post 0.91 EPS for the current year.

A number of research analysts have commented on the stock. TheStreet upgraded shares of White Mountains Insurance Group from a “c” rating to a “b” rating in a research note on Monday, May 13th. Zacks Investment Research upgraded shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $71.00 price objective on the stock in a research note on Friday, June 28th. Loop Capital assumed coverage on shares of Regis in a research note on Friday, April 5th. They issued a “buy” rating and a $25.00 price objective on the stock. Finally, ValuEngine upgraded shares of United Overseas Bank from a “sell” rating to a “hold” rating in a research note on Monday, June 17th.

Regis Company Profile

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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Institutional Ownership by Quarter for Regis (NYSE:RGS)

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