1 week Ago By ABMN Staff
Vanguard Group Inc. boosted its stake in shares of Sally Beauty Holdings, Inc. ( NYSE:SBH – Free Report ) by 2.
3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,428,715 shares of the specialty retailer’s stock after buying an additional 279,222 shares during the period. Vanguard Group Inc.
owned approximately 0.12% of Sally Beauty worth $129,880,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds have also recently modified their holdings of the stock.
Corient Private Wealth LLC grew its position in Sally Beauty by 5.9% during the 4th quarter. Corient Private Wealth LLC now owns 19,181 shares of the specialty retailer’s stock valued at $200,000 after purchasing an additional 1,069 shares during the last quarter.
PNC Financial Services Group Inc. raised its holdings in Sally Beauty by 8.9% in the fourth quarter.
PNC Financial Services Group Inc. now owns 13,395 shares of the specialty retailer’s stock worth $140,000 after buying an additional 1,090 shares during the last quarter. Quarry LP lifted its stake in shares of Sally Beauty by 369.
3% in the third quarter. Quarry LP now owns 2,980 shares of the specialty retailer’s stock worth $40,000 after buying an additional 2,345 shares in the last quarter. DGS Capital Management LLC grew its holdings in shares of Sally Beauty by 6.
0% during the third quarter. DGS Capital Management LLC now owns 45,529 shares of the specialty retailer’s stock valued at $618,000 after buying an additional 2,575 shares during the last quarter. Finally, KBC Group NV increased its position in shares of Sally Beauty by 89.
0% during the fourth quarter. KBC Group NV now owns 5,871 shares of the specialty retailer’s stock valued at $61,000 after acquiring an additional 2,764 shares in the last quarter. Sally Beauty Trading Down 1.
2 % Sally Beauty stock opened at $8.49 on Tuesday. The business has a 50-day simple moving average of $9.
35 and a two-hundred day simple moving average of $11.36. Sally Beauty Holdings, Inc.
has a 52-week low of $8.00 and a 52-week high of $14.79.
The company has a quick ratio of 0.44, a current ratio of 2.27 and a debt-to-equity ratio of 1.
43. The company has a market cap of $865.08 million, a P/E ratio of 5.
08 and a beta of 1.35. Analyst Ratings Changes Several equities analysts recently issued reports on SBH shares.
DA Davidson lowered their price objective on Sally Beauty from $13.00 to $10.50 and set a “neutral” rating on the stock in a research report on Tuesday, February 18th.
StockNews.com raised Sally Beauty from a “hold” rating to a “buy” rating in a research report on Wednesday, February 19th. Canaccord Genuity Group assumed coverage on Sally Beauty in a research report on Thursday, January 16th.
They issued a “buy” rating and a $14.00 target price for the company. Finally, Morgan Stanley reduced their price target on shares of Sally Beauty from $12.
00 to $10.00 and set an “underweight” rating for the company in a research note on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company.
According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $12.70.
View Our Latest Analysis on SBH 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.com's FREE daily email newsletter ..
