Geode Capital Management LLC Grows Holdings in Regis Co. (NYSE:RGS)

Geode Capital Management LLC raised its position in Regis Co. (NYSE:RGS) by 39.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,906 shares of the company’s stock after purchasing an additional 6,492 shares during the period. Geode Capital Management LLC owned about 1.00% of Regis worth $630,000 at the end of the most recent reporting period.

Separately, Proficio Capital Partners LLC purchased a new position in shares of Regis during the 3rd quarter worth about $450,000. 31.50% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Regis from a “sell” rating to a “hold” rating in a report on Friday, November 15th.

Regis Trading Down 3.1 %

Shares of RGS stock opened at $22.44 on Friday. The firm’s 50-day simple moving average is $22.69 and its 200-day simple moving average is $23.60. The firm has a market cap of $51.21 million, a P/E ratio of 0.60 and a beta of 2.50. Regis Co. has a 1-year low of $3.87 and a 1-year high of $35.50. The company has a debt-to-equity ratio of 1.69, a current ratio of 0.35 and a quick ratio of 0.35.

Regis Company Profile

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.