King Luther Capital Management Corp Has $1.67 Million Stock Position in BGSF, Inc. (NYSE:BGSF)

King Luther Capital Management Corp lessened its position in shares of BGSF, Inc. (NYSE:BGSF) by 11.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 319,147 shares of the company’s stock after selling 41,054 shares during the quarter. King Luther Capital Management Corp owned approximately 2.90% of BGSF worth $1,672,000 at the end of the most recent quarter.

Separately, Allworth Financial LP bought a new stake in shares of BGSF in the 4th quarter valued at $101,000. Institutional investors and hedge funds own 37.19% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of BGSF in a research note on Saturday, March 8th. They set a “hold” rating for the company.

BGSF Stock Down 3.7 %

Shares of NYSE:BGSF opened at $3.91 on Thursday. The business’s 50-day moving average is $5.07 and its 200-day moving average is $6.36. BGSF, Inc. has a 1 year low of $3.88 and a 1 year high of $10.50. The company has a market capitalization of $43.10 million, a price-to-earnings ratio of -39.10 and a beta of 1.51. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.75 and a quick ratio of 1.75.

BGSF Company Profile

BGSF, Inc, together with its subsidiaries, provides consulting, managed services, and professional workforce solutions in the United States. It operates in two segments, Property Management and Professional. The Property Management segment offers office and maintenance field talent to various apartment communities and commercial buildings.