Regis Co. (NYSE:RGS) Stake Increased by Geode Capital Management LLC

Geode Capital Management LLC raised its stake in shares of Regis Co. (NYSE:RGS) by 39.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,906 shares of the company’s stock after acquiring an additional 6,492 shares during the quarter. Geode Capital Management LLC’s holdings in Regis were worth $630,000 at the end of the most recent quarter.

Separately, Proficio Capital Partners LLC acquired a new stake in shares of Regis in the 3rd quarter valued at about $450,000. 31.50% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Regis Price Performance

Shares of NYSE RGS opened at $22.44 on Friday. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 1.69. The company has a market capitalization of $51.21 million, a price-to-earnings ratio of 0.60 and a beta of 2.50. Regis Co. has a twelve month low of $3.87 and a twelve month high of $35.50. The business has a 50 day simple moving average of $22.69 and a 200-day simple moving average of $23.60.

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.