Regis Corp. (NYSE:RGS) shares traded down 2.7% on Wednesday . The stock traded as low as $12.18 and last traded at $12.22, with a volume of 121,360 shares traded. The stock had previously closed at $12.56.

The stock’s market cap is $563.89 million. The firm has a 50-day moving average of $12.98 and a 200-day moving average of $13.67.

Regis Corp. (NYSE:RGS) last released its quarterly earnings data on Tuesday, August 23rd. The company reported $0.12 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.01) by $0.13. Regis Corp. had a negative net margin of 0.63% and a positive return on equity of 0.52%. The company earned $47.70 million during the quarter, compared to analyst estimates of $456.17 million. During the same period in the prior year, the firm earned $0.01 earnings per share. The firm’s revenue for the quarter was down 3.3% compared to the same quarter last year. On average, equities analysts predict that Regis Corp. will post $0.08 EPS for the current year.

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Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in Regis Corp. by 2.1% in the second quarter. Vanguard Group Inc. now owns 2,891,492 shares of the company’s stock valued at $35,998,000 after buying an additional 60,440 shares during the last quarter. Wedge Capital Management L L P NC raised its stake in Regis Corp. by 16,820.9% in the second quarter. Wedge Capital Management L L P NC now owns 2,740,009 shares of the company’s stock valued at $23,317,000 after buying an additional 2,723,816 shares during the last quarter. Brown Advisory Inc. raised its stake in Regis Corp. by 362.2% in the second quarter. Brown Advisory Inc. now owns 2,597,965 shares of the company’s stock valued at $32,345,000 after buying an additional 2,035,830 shares during the last quarter. BlackRock Fund Advisors raised its stake in Regis Corp. by 3.4% in the second quarter. BlackRock Fund Advisors now owns 2,418,939 shares of the company’s stock valued at $30,116,000 after buying an additional 79,974 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in Regis Corp. by 2.8% in the first quarter. JPMorgan Chase & Co. now owns 2,046,175 shares of the company’s stock valued at $31,081,000 after buying an additional 56,175 shares during the last quarter. 97.87% of the stock is owned by institutional investors and hedge funds.

About Regis Corp.

Regis Corporation owns, franchises and operates beauty salons. The Company operates in three segments: North American Value, North American Premium and International. As of June 30, 2015, the Company owned, franchised or held ownership interests in 9,556 locations around the world. The Company’s locations consist of around 9,300 company-owned and franchised salons and around 200 locations in which it maintains a non-controlling ownership interest.

5 Day Chart for NYSE:RGS

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