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

TCW Group Inc. grew its stake in Regis Co. (NYSE:RGS - Free Report) by 12.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 394,382 shares of the company's stock after buying an additional 45,060 shares during the period. TCW Group Inc. owned approximately 17.30% of Regis worth $9,355,000 at the end of the most recent reporting period.

Separately, Geode Capital Management LLC lifted its stake 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 purchasing an additional 6,492 shares during the last quarter. 31.50% of the stock is currently owned by institutional investors and hedge funds.

Regis Price Performance

NYSE RGS traded up $0.17 on Thursday, reaching $21.46. 16,332 shares of the company's stock traded hands, compared to its average volume of 28,661. The stock has a market cap of $52.28 million, a PE ratio of 0.54 and a beta of 2.48. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.40 and a quick ratio of 0.40. Regis Co. has a 12 month low of $3.87 and a 12 month high of $35.50. The stock has a 50-day simple moving average of $23.84 and a 200 day simple moving average of $23.41.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Regis from a "sell" rating to a "hold" rating in a research report on Friday, February 14th.

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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.