Proficio Capital Partners LLC Increases Stake in Regis Co. (NYSE:RGS)

Proficio Capital Partners LLC boosted its position in shares of Regis Co. (NYSE:RGS) by 101.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 32,936 shares of the company’s stock after purchasing an additional 16,561 shares during the quarter. Proficio Capital Partners LLC owned about 1.44% of Regis worth $781,000 at the end of the most recent reporting period.

Separately, Geode Capital Management LLC raised its stake in Regis by 39.6% during the 3rd 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.

Wall Street Analyst Weigh In

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

Regis Stock Down 1.4 %

NYSE:RGS opened at $19.11 on Friday. Regis Co. has a twelve month low of $3.87 and a twelve month high of $35.50. The company has a market cap of $46.55 million, a price-to-earnings ratio of 0.48 and a beta of 2.50. The stock has a fifty day simple moving average of $23.14 and a 200-day simple moving average of $23.29. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 1.67.

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.