2 weeks Ago By ABMN Staff
American Century Companies Inc. lifted its position in Sally Beauty Holdings, Inc. ( NYSE:SBH – Free Report ) by 10.
7% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 175,125 shares of the specialty retailer’s stock after acquiring an additional 16,970 shares during the quarter.
American Century Companies Inc.’s holdings in Sally Beauty were worth $1,879,000 as of its most recent SEC filing. Several other institutional investors also recently added to or reduced their stakes in the stock.
Vanguard Group Inc. lifted its holdings in shares of Sally Beauty by 0.4% in the fourth quarter.
Vanguard Group Inc. now owns 13,784,422 shares of the specialty retailer’s stock worth $183,057,000 after buying an additional 52,343 shares in the last quarter. Schroder Investment Management Group lifted its holdings in shares of Sally Beauty by 53.
6% in the fourth quarter. Schroder Investment Management Group now owns 5,532,978 shares of the specialty retailer’s stock worth $73,478,000 after buying an additional 1,931,188 shares in the last quarter. Wasatch Advisors LP lifted its holdings in shares of Sally Beauty by 16.
8% in the first quarter. Wasatch Advisors LP now owns 3,731,016 shares of the specialty retailer’s stock worth $46,339,000 after buying an additional 535,753 shares in the last quarter. Victory Capital Management Inc.
lifted its holdings in shares of Sally Beauty by 1.4% in the second quarter. Victory Capital Management Inc.
now owns 3,504,710 shares of the specialty retailer’s stock worth $37,606,000 after buying an additional 48,497 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in shares of Sally Beauty by 4.
9% in the first quarter. Principal Financial Group Inc. now owns 1,436,185 shares of the specialty retailer’s stock worth $17,837,000 after buying an additional 67,563 shares in the last quarter.
Analyst Upgrades and Downgrades A number of equities research analysts recently weighed in on SBH shares. Piper Sandler lowered their target price on shares of Sally Beauty from $14.00 to $13.
00 and set an “overweight” rating on the stock in a research note on Thursday, July 11th. DA Davidson reiterated a “neutral” rating and set a $12.00 price target on shares of Sally Beauty in a research report on Tuesday, August 13th.
Finally, StockNews.com upgraded shares of Sally Beauty from a “hold” rating to a “buy” rating in a research report on Monday, September 16th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company.
Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $11.00.
Sally Beauty Stock Performance Shares of Sally Beauty stock opened at $13.42 on Friday. The company has a current ratio of 2.
12, a quick ratio of 0.40 and a debt-to-equity ratio of 1.69.
The firm has a market capitalization of $1.39 billion, a P/E ratio of 9.13 and a beta of 1.
54. The business has a fifty day simple moving average of $12.12 and a two-hundred day simple moving average of $11.
48. Sally Beauty Holdings, Inc. has a 12 month low of $7.
21 and a 12 month high of $13.94. Sally Beauty ( NYSE:SBH – Get Free Report ) last posted its quarterly earnings results on Thursday, August 8th.
The specialty retailer reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.
05. Sally Beauty had a return on equity of 31.88% and a net margin of 3.
99%. The firm had revenue of $942.30 million during the quarter, compared to analyst estimates of $931.
77 million. During the same quarter in the previous year, the firm earned $0.49 EPS.
Sally Beauty’s quarterly revenue was up 1.2% compared to the same quarter last year. On average, equities analysts forecast that Sally Beauty Holdings, Inc.
will post 1.66 earnings per share for the current fiscal year. Sally Beauty Company Profile ( Free Report ) Sally Beauty Holdings, Inc operates as a specialty retailer and distributor of professional beauty supplies.
The company operates through two segments, Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment offers beauty products, including hair color and care products, skin and nail care products, styling tools, and other beauty products for retail customers, salons, and salon professionals. Featured Articles Want to see what other hedge funds are holding SBH? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Sally Beauty Holdings, Inc. ( NYSE:SBH – Free Report ). Receive News & Ratings for Sally Beauty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sally Beauty and related companies with MarketBeat.
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