TCW Group Inc. Acquires 45,060 Shares of Regis Co. (NYSE:RGS)

TCW Group Inc. raised its holdings in Regis Co. (NYSE:RGS) by 12.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 394,382 shares of the company’s stock after buying an additional 45,060 shares during the quarter. TCW Group Inc. owned 17.30% of Regis worth $9,355,000 at the end of the most recent quarter.

Separately, Geode Capital Management LLC increased its position in Regis by 39.6% during the third quarter. Geode Capital Management LLC now owns 22,906 shares of the company’s stock worth $630,000 after acquiring an additional 6,492 shares during the period. Hedge funds and other institutional investors own 31.50% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Regis from a “sell” rating to a “hold” rating in a report on Friday, February 14th.

Regis Stock Down 3.4 %

RGS stock opened at $21.61 on Monday. Regis Co. has a twelve month low of $3.87 and a twelve month high of $35.50. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 1.67. The company has a market cap of $52.73 million, a PE ratio of 0.55 and a beta of 2.48. The business’s 50-day simple moving average is $23.96 and its 200 day simple moving average is $23.44.

About Regis

Regis Corporation owns and franchises hair care salons primarily in North America. The company operates in two segments, Franchise Salons and Company-Owned Salons. Its salons provide haircutting; styling, including shampooing and conditioning; hair coloring; and other services, as well as sell various hair care and other beauty products.