November 26, 2022

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New York State Teachers Retirement System Increases Holdings in Sally Beauty Holdings, Inc. (NYSE:SBH)

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New York Condition Instructors Retirement System lifted its placement in shares of Sally Attractiveness Holdings, Inc. (NYSE:SBHGet Ranking) by 1.4% throughout the fourth quarter, according to the company in its most current filing with the Securities and Trade Fee. The institutional trader owned 71,506 shares of the specialty retailer’s inventory following acquiring an more 993 shares through the interval. New York Condition Lecturers Retirement System’s holdings in Sally Elegance have been really worth $1,320,000 as of its most modern SEC submitting.

Other hedge money and other institutional buyers have also just lately made modifications to their positions in the firm. US Bancorp DE raised its holdings in shares of Sally Magnificence by 43.4% in the course of the 3rd quarter. US Bancorp DE now owns 1,881 shares of the specialty retailer’s inventory valued at $32,000 immediately after getting an more 569 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in shares of Sally Splendor by 65.8% in the course of the 3rd quarter. O Shaughnessy Asset Administration LLC now owns 2,001 shares of the specialty retailer’s inventory valued at $34,000 following obtaining an extra 794 shares in the very last quarter. Huntington National Financial institution raised its holdings in shares of Sally Natural beauty by 39.8% for the duration of the 4th quarter. Huntington Nationwide Financial institution now owns 3,768 shares of the specialty retailer’s stock valued at $70,000 right after acquiring an more 1,072 shares in the previous quarter. Darkish Forest Capital Management LP bought a new situation in shares of Sally Magnificence for the duration of the 3rd quarter valued at about $109,000. Last but not least, Nationwide Bank of Canada FI obtained a new placement in shares of Sally Magnificence for the duration of the 4th quarter valued at about $126,000.

SBH opened at $15.89 on Tuesday. The firm has a credit card debt-to-equity ratio of 4.92, a quick ratio of .60 and a present ratio of 2.08. Sally Natural beauty Holdings, Inc. has a 52-week minimal of $15.17 and a 52-7 days large of $25.66. The inventory has a current market capitalization of $1.80 billion, a PE ratio of 7.26 and a beta of 1.41. The stock’s 50 day transferring average value is $16.97 and its 200-day going regular selling price is $17.73.

Sally Beauty (NYSE:SBHGet Rating) last posted its earnings success on Wednesday, February 2nd. The specialty retailer documented $.63 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $.60 by $.03. Sally Splendor experienced a return on equity of 125.54% and a web margin of 6.42%. The business had income of $980.00 million for the quarter, in comparison to analysts’ expectations of $993.34 million. For the duration of the similar time period in the former 12 months, the agency acquired $.50 earnings per share. The business’s income was up 4.7% when compared to the similar quarter past year. Investigate analysts forecast that Sally Attractiveness Holdings, Inc. will write-up 2.58 EPS for the existing fiscal 12 months.

A number of equities analysts have commented on SBH shares. DA Davidson reduced their value goal on Sally Elegance from $22.00 to $19.50 in a investigate take note on Friday, February 4th. StockNews.com begun coverage on Sally Elegance in a exploration take note on Thursday, March 31st. They issued a “buy” ranking on the stock. A few analysts have rated the inventory with a maintain rating, a few have supplied a obtain ranking and just one has provided a solid invest in ranking to the company’s stock. According to knowledge from MarketBeat.com, the company has an regular rating of “Buy” and an regular cost target of $23.70.

About Sally Splendor (Get Score)

Sally Natural beauty Holdings, Inc operates as a specialty retailer and distributor of qualified natural beauty supplies. The enterprise operates as a result of two segments, Sally Splendor Supply and Elegance Methods Team. The Sally Beauty Offer section provides splendor products, such as hair colour and care products, skin and nail care items, styling applications, and other natural beauty goods for retail shoppers, salons, and salon experts.

Study More

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

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