1 week Ago By Defense World Staff
Vanguard Group Inc. boosted its position in Sally Beauty Holdings, Inc. (NYSE:SBH – Free Report) by 2.
3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 12,428,715 shares of the specialty retailer’s stock after acquiring an additional 279,222 shares during the period. Vanguard Group Inc.
owned 12.20% of Sally Beauty worth $129,880,000 as of its most recent SEC filing. Several other institutional investors have also added to or reduced their stakes in SBH.
Charles Schwab Investment Management Inc. raised its position in shares of Sally Beauty by 2.3% in the fourth quarter.
Charles Schwab Investment Management Inc. now owns 2,605,586 shares of the specialty retailer’s stock valued at $27,228,000 after purchasing an additional 59,478 shares during the period. M&T Bank Corp raised its holdings in Sally Beauty by 127.
4% during the 4th quarter. M&T Bank Corp now owns 64,352 shares of the specialty retailer’s stock valued at $672,000 after acquiring an additional 36,057 shares during the period. Hillsdale Investment Management Inc.
purchased a new stake in shares of Sally Beauty during the fourth quarter worth $3,177,000. Barclays PLC boosted its holdings in shares of Sally Beauty by 36.6% in the third quarter.
Barclays PLC now owns 212,159 shares of the specialty retailer’s stock worth $2,878,000 after acquiring an additional 56,879 shares during the period. Finally, Amundi boosted its holdings in shares of Sally Beauty by 1,215.4% in the fourth quarter.
Amundi now owns 237,700 shares of the specialty retailer’s stock worth $2,555,000 after acquiring an additional 219,630 shares during the period. Sally Beauty Price PerformanceSBH stock opened at $8.49 on Tuesday.
The firm has a 50 day simple moving average of $9.35 and a two-hundred day simple moving average of $11.36.
The stock has a market cap of $865.08 million, a PE ratio of 5.08 and a beta of 1.
35. Sally Beauty Holdings, Inc. has a one year low of $8.
00 and a one year high of $14.79. The company has a debt-to-equity ratio of 1.
43, a current ratio of 2.27 and a quick ratio of 0.44.
Sally Beauty (NYSE:SBH – Get Free Report) last announced its earnings results on Thursday, February 13th. The specialty retailer reported $0.43 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.
43. Sally Beauty had a net margin of 4.73% and a return on equity of 30.
35%. The company had revenue of $937.90 million during the quarter, compared to analyst estimates of $941.
44 million. On average, analysts predict that Sally Beauty Holdings, Inc. will post 1.
81 EPS for the current fiscal year. Wall Street Analysts Forecast GrowthA number of brokerages recently issued reports on SBH. Canaccord Genuity Group began coverage on Sally Beauty in a report on Thursday, January 16th.
They set a “buy” rating and a $14.00 price objective on the stock. Morgan Stanley lowered their price target on shares of Sally Beauty from $12.
00 to $10.00 and set an “underweight” rating on the stock in a report on Tuesday, January 21st. StockNews.
com raised shares of Sally Beauty from a “hold” rating to a “buy” rating in a research note on Wednesday, February 19th. Finally, DA Davidson lowered their target price on shares of Sally Beauty from $13.00 to $10.
50 and set a “neutral” rating on the stock in a research note on Tuesday, February 18th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Sally Beauty presently has a consensus rating of “Hold” and an average price target of $12.
70.Check Out Our Latest Research Report on Sally BeautyAbout Sally Beauty (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 ArticlesFive stocks we like better than Sally Beauty3 Monster Growth Stocks to Buy NowOptions Activity Points to More Volatility for Palantir StockInvesting in Travel Stocks BenefitsNVIDIA Stock: Oversold, Undervalued — How Low Can It Go?A Deeper Look at Bid-Ask SpreadsMicroStrategy Sees Insider Buy-Sell Action in Q1Want 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)..
