Proficio Capital Partners LLC Purchases 16,561 Shares of Regis Co. (NYSE:RGS)

Proficio Capital Partners LLC lifted its position in shares of Regis Co. (NYSE:RGS) by 101.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,936 shares of the company’s stock after acquiring an additional 16,561 shares during the period. Proficio Capital Partners LLC owned approximately 1.44% of Regis worth $781,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, TCW Group Inc. bought a new position in shares of Regis during the third quarter valued at $9,610,000. Institutional investors own 31.50% of the company’s stock.

Regis Stock Down 2.8 %

Regis stock opened at $17.70 on Friday. Regis Co. has a 1-year low of $3.87 and a 1-year high of $35.50. The firm has a market capitalization of $43.12 million, a price-to-earnings ratio of 0.45 and a beta of 2.50. The firm’s fifty day moving average price is $22.07 and its two-hundred day moving average price is $23.05. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 1.67.

Analyst Upgrades and Downgrades

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

Regis 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.