RCI Hospitality Holdings, Inc. (NASDAQ:RICK) shares reached a new 52-week high on Monday . The company traded as high as $28.66 and last traded at $28.22, with a volume of 41300 shares trading hands. The stock had previously closed at $28.40.
A number of research analysts have weighed in on RICK shares. Zacks Investment Research upgraded RCI Hospitality Holdings from a “sell” rating to a “hold” rating and set a $30.00 price target for the company in a research note on Wednesday, October 11th. Westpark Capital set a $30.00 price target on RCI Hospitality Holdings and gave the company a “buy” rating in a research note on Thursday, August 10th.
The company has a debt-to-equity ratio of 0.79, a current ratio of 0.96 and a quick ratio of 0.88. The company has a market cap of $281.95, a P/E ratio of 19.34 and a beta of 0.27.
Hedge funds and other institutional investors have recently modified their holdings of the company. Bessemer Group Inc. bought a new position in shares of RCI Hospitality Holdings during the 2nd quarter worth approximately $119,000. Nationwide Fund Advisors boosted its stake in shares of RCI Hospitality Holdings by 269.6% during the 2nd quarter. Nationwide Fund Advisors now owns 6,848 shares of the restaurant operator’s stock worth $163,000 after acquiring an additional 4,995 shares during the period. Sei Investments Co. boosted its stake in shares of RCI Hospitality Holdings by 83.3% during the 2nd quarter. Sei Investments Co. now owns 8,153 shares of the restaurant operator’s stock worth $194,000 after acquiring an additional 3,706 shares during the period. Rhumbline Advisers bought a new position in shares of RCI Hospitality Holdings during the 3rd quarter worth approximately $207,000. Finally, Hancock Holding Co. bought a new position in shares of RCI Hospitality Holdings during the 2nd quarter worth approximately $209,000. Institutional investors own 48.40% of the company’s stock.
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RCI Hospitality Holdings Company Profile
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