Regis Corp Has Bullish Trade, Cramer Rosenthal Mcglynn Llc Bought Stake!

February 15, 2018 - By Hazel Jackson

 Regis Corp Has Bullish Trade, Cramer Rosenthal Mcglynn Llc Bought Stake!

Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.14, from 1.16 in 2017Q2. It turned negative, as 7 investors sold Regis Corporation shares while 43 reduced holdings. 18 funds opened positions while 33 raised stakes. 44.07 million shares or 0.73% more from 43.75 million shares in 2017Q2 were reported.

Deutsche National Bank & Trust Ag accumulated 0% or 292,560 shares. Aqr Cap Management Ltd accumulated 120,648 shares. Arizona State Retirement holds 18,057 shares or 0% of its portfolio. Plante Moran Ltd Liability Co has invested 0% in Regis Corporation (NYSE:RGS). Swiss Commercial Bank owns 0% invested in Regis Corporation (NYSE:RGS) for 63,400 shares. Illinois-based Peak6 L P has invested 0% in Regis Corporation (NYSE:RGS). Gsa Capital Prtnrs Llp has invested 0.05% in Regis Corporation (NYSE:RGS). Millennium Ltd Liability invested in 0% or 228,616 shares. Qs Limited Liability Corp reported 0% of its portfolio in Regis Corporation (NYSE:RGS). Sei reported 0% stake. Nationwide Fund Advsr has 40,069 shares. Goldman Sachs Grp Incorporated has 0% invested in Regis Corporation (NYSE:RGS) for 343,092 shares. National Bank & Trust Of Montreal Can reported 0% of its portfolio in Regis Corporation (NYSE:RGS). Morgan Stanley reported 53,717 shares. Tiaa Cref Inv Mngmt reported 0% of its portfolio in Regis Corporation (NYSE:RGS).

Since February 8, 2018, it had 1 insider buy, and 0 sales for $77,500 activity.

The New Cramer Rosenthal Mcglynn Llc Holding in Regis Corp

Cramer Rosenthal Mcglynn Llc reported SC 13G/A form with the SEC for Regis Corp. Access it here: 000114036118008123. As reported by Cramer Rosenthal Mcglynn Llc, the filler owns 6% or 2,777,217 shares of the Consumer Discretionary–company.

Regis Corp stake is new for [reportingPerson]. Date of activity: December31,2017. This shows Cramer Rosenthal Mcglynn Llc’s positive view for Regis Corp. For a institutional investor managing $14.64 billion in assets and having 52+ experts this is interesting position.

Regis Corp Institutional Sentiment

Filings show 119 investors own Regis Corp. The ownership in Q3 2015 is high, at Infinity of the outstanding shares. This is increased by 4956791. 46182798 were owned by these investors. 11 funds opened new Regis Corp stakes, 42 increased positions. There were 29 that closed positions and 44 reduced them.

3 investors had the stock in their top 10. Some are: Birch Run Capital Advisors Lp, North Run Capital Lp..

Northside Capital Management Llc is an investor bullish on Regis Corp, owning 11188 shares as of Q3 2015 for 0.11% of its portfolio. Silver Rock Financial Llc owns 40000 shares or 0.32% of its portfolio. WI Heartland Advisors Inc have 2.54% of its portfolio for 5299033 shares. Further, Rutabaga Capital Management Llc reported stake worth 3.26% of its portfolio. The NY Birch Run Capital Advisors Lp owns 10655170 shares. Regis Corp is 38.05% of its portfolio.

Business Profile

Regis Corporation owns, franchises and operates beauty salons. The Company operates through two segments: North American Value and North American Premium. As of June 30, 2016, the Company’s North American Value salon operations consisted of 5,784 Company-owned salons and 2,496 franchised salons operating in the United States, Canada and Puerto Rico. As of June 30, 2016, the Company’s North American Premium salon operations consisted of 680 Company-owned salons operating in the United States, Canada, and Puerto Rico. The services supplied by its salons include haircutting and styling, hair coloring and other services. As of June 30, 2017, it owned, franchised or held ownership interests in 9,008 locations around the world. The Company’s salons operate primarily under the trade names of SmartStyle, Supercuts, MasterCuts, Regis Salons and Sassoon Salon, Cost Cutters, Roosters and First Choice Haircutters.

SEC Form 13G.

Cramer Rosenthal Mcglynn Llc website.

The stock increased 0.61% or $0.1 during the last trading session, reaching $16.45. About 73,328 shares traded. Regis Corporation (NYSE:RGS) has declined 23.62% since February 15, 2017 and is downtrending. It has underperformed by 40.32% the S&P500.

Regis Corporation owns, operates, and franchises hairstyling and hair care salons. The company has market cap of $768.20 million. The firm operates through four divisions: North American Value, North American Franchise, North American Premium, and International. It currently has negative earnings. The Company’s 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.

Regis Corporation (NYSE:RGS) Ratings Coverage

Among 4 analysts covering Regis Corporation (NYSE:RGS), 1 have Buy rating, 1 Sell and 2 Hold. Therefore 25% are positive. Regis Corporation has $18 highest and $15 lowest target. $18’s average target is 9.42% above currents $16.45 stock price. Regis Corporation had 7 analyst reports since August 31, 2015 according to SRatingsIntel. The firm has “Sell” rating by Northcoast given on Monday, August 31. The rating was downgraded by Piper Jaffray on Thursday, November 19 to “Neutral”. The stock of Regis Corporation (NYSE:RGS) earned “Buy” rating by Jefferies on Wednesday, November 1. The firm earned “Hold” rating on Wednesday, December 20 by KeyBanc Capital Markets. The rating was downgraded by Piper Jaffray on Thursday, May 19 to “Underweight”. Northcoast upgraded the stock to “Neutral” rating in Friday, October 30 report.

More notable recent Regis Corporation (NYSE:RGS) news were published by: Prnewswire.com which released: “Regis Corp. Stylists Get Ready to Clip for the Cure on Saturday, October 21, 2017” on October 11, 2017, also Bizjournals.com with their article: “Regis hires Polaris Industries attorney as general counsel” published on November 29, 2017, Streetinsider.com published: “Regis Corporation (RGS) Reports Sale & Subsequent Franchise of Substantially …” on October 02, 2017. More interesting news about Regis Corporation (NYSE:RGS) were released by: Businesswire.com and their article: “Regis Reports First Quarter 2018 Results” published on October 31, 2017 as well as Businesswire.com‘s news article titled: “Regis Corporation Announces Industry Exclusive, Multi-Year Sponsorship Between …” with publication date: January 18, 2018.

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