September 26, 2022

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National Bank of Canada FI Buys New Position in Sally Beauty Holdings, Inc. (NYSE:SBH)

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National Financial institution of Canada FI acquired a new stake in shares of Sally Splendor Holdings, Inc. (NYSE:SBHGet Rating) in the 4th quarter, in accordance to its most current 13F filing with the Securities and Trade Fee (SEC). The fund purchased 6,800 shares of the specialty retailer’s inventory, valued at around $126,000.

A variety of other hedge funds and other institutional investors have also manufactured changes to their positions in SBH. US Bancorp DE boosted its position in shares of Sally Beauty by 43.4% in the 3rd quarter. US Bancorp DE now owns 1,881 shares of the specialty retailer’s inventory value $32,000 just after acquiring an further 569 shares through the period of time. Exchange Traded Principles LLC boosted its position in shares of Sally Elegance by 1.6% in the fourth quarter. Exchange Traded Ideas LLC now owns 37,233 shares of the specialty retailer’s inventory truly worth $687,000 right after obtaining an extra 596 shares in the course of the time period. Oppenheimer & Co. Inc. boosted its placement in shares of Sally Magnificence by 3.1% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 25,649 shares of the specialty retailer’s inventory worthy of $432,000 after paying for an supplemental 763 shares all through the interval. O Shaughnessy Asset Management LLC boosted its place in shares of Sally Splendor by 65.8% in the 3rd quarter. O Shaughnessy Asset Administration LLC now owns 2,001 shares of the specialty retailer’s inventory worthy of $34,000 after purchasing an extra 794 shares in the course of the interval. Lastly, Huntington Countrywide Lender boosted its situation in shares of Sally Magnificence by 39.8% in the fourth quarter. Huntington Nationwide Financial institution now owns 3,768 shares of the specialty retailer’s inventory worth $70,000 immediately after acquiring an further 1,072 shares in the course of the interval.

SBH inventory opened at $15.36 on Thursday. Sally Magnificence Holdings, Inc. has a 1 12 months low of $14.92 and a a single year significant of $25.66. The company’s fifty day relocating common rate is $16.89 and its 200-day shifting normal value is $17.70. The corporation has a debt-to-equity ratio of 4.92, a quick ratio of .60 and a existing ratio of 2.08. The enterprise has a industry capitalization of $1.74 billion, a PE ratio of 7.01 and a beta of 1.42.

Sally Magnificence (NYSE:SBHGet Ranking) last introduced its earnings success on Wednesday, February 2nd. The specialty retailer claimed $.63 EPS for the quarter, topping the consensus estimate of $.60 by $.03. Sally Attractiveness experienced a internet margin of 6.42% and a return on fairness of 125.54%. The business had earnings of $980.00 million for the quarter, when compared to the consensus estimate of $993.34 million. In the course of the similar quarter in the preceding yr, the firm earned $.50 earnings for every share. The company’s quarterly profits was up 4.7% as opposed to the similar quarter past yr. On normal, investigate analysts forecast that Sally Beauty Holdings, Inc. will publish 2.58 EPS for the recent fiscal calendar year.

SBH has been the subject of a variety of latest analyst studies. DA Davidson dropped their price tag concentrate on on shares of Sally Beauty from $22.00 to $19.50 in a exploration report on Friday, February 4th. StockNews.com initiated coverage on shares of Sally Magnificence in a analysis report on Thursday, March 31st. They issued a “buy” ranking for the company. A few analysts have rated the inventory with a maintain ranking, three have assigned a acquire ranking and a single has assigned a solid invest in score to the firm. According to MarketBeat, the corporation at present has a consensus rating of “Buy” and a consensus target rate of $23.70.

About Sally Attractiveness (Get Score)

Sally Attractiveness Holdings, Inc operates as a specialty retailer and distributor of qualified splendor supplies. The business operates through two segments, Sally Splendor Supply and Elegance Devices Group. The Sally Elegance Offer phase gives splendor goods, together with hair colour and treatment solutions, skin and nail treatment merchandise, styling applications, and other splendor products for retail clients, salons, and salon industry experts.

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Institutional Ownership by Quarter for Sally Beauty (NYSE:SBH)

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