UBS Asset Management Americas Inc. greater its place in Sally Splendor Holdings, Inc. (NYSE:SBH – Get Score) by 12.6% in the third quarter, in accordance to the company in its most the latest submitting with the Securities & Exchange Fee. The agency owned 180,839 shares of the specialty retailer’s inventory following obtaining an added 20,255 shares all through the quarter. UBS Asset Management Americas Inc.’s holdings in Sally Magnificence were being really worth $3,047,000 as of its most recent filing with the Securities & Trade Fee.
Various other institutional traders and hedge money have also a short while ago added to or lessened their stakes in SBH. Millennium Administration LLC lifted its stake in shares of Sally Magnificence by 302.9% in the 3rd quarter. Millennium Administration LLC now owns 763,107 shares of the specialty retailer’s inventory valued at $12,858,000 soon after acquiring an additional 573,719 shares throughout the period. Foundry Partners LLC obtained a new position in Sally Magnificence during the 3rd quarter valued at $9,662,000. Arrowstreet Capital Confined Partnership elevated its stake in Sally Natural beauty by 33.3% for the duration of the 3rd quarter. Arrowstreet Money Constrained Partnership now owns 1,773,613 shares of the specialty retailer’s stock valued at $29,885,000 right after getting an supplemental 443,239 shares in the course of the past quarter. ArrowMark Colorado Holdings LLC raised its stake in Sally Splendor by 2.9% during the third quarter. ArrowMark Colorado Holdings LLC now owns 15,406,794 shares of the specialty retailer’s stock valued at $259,604,000 just after getting an extra 432,093 shares for the duration of the past quarter. Eventually, Morgan Stanley elevated its stake in Sally Attractiveness by 45.4% for the duration of the next quarter. Morgan Stanley now owns 1,339,270 shares of the specialty retailer’s inventory valued at $29,557,000 immediately after purchasing an supplemental 418,367 shares in the course of the final quarter.
Sally Magnificence inventory opened at $17.15 on Friday. The organization has a recent ratio of 2.08, a quick ratio of .60 and a financial debt-to-fairness ratio of 4.92. Sally Attractiveness Holdings, Inc. has a 12 thirty day period small of $15.24 and a 12 month high of $25.66. The agency has a market cap of $1.94 billion, a rate-to-earnings ratio of 7.83 and a beta of 1.45. The inventory has a fifty day simple going typical of $17.47 and a two-hundred day simple transferring regular of $17.84.
Sally Natural beauty (NYSE:SBH – Get Rating) very last issued its quarterly earnings details on Wednesday, February 2nd. The specialty retailer noted $.63 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $.60 by $.03. Sally Splendor had a return on fairness of 125.54% and a internet margin of 6.42%. The enterprise had earnings of $980.00 million throughout the quarter, as opposed to analyst estimates of $993.34 million. During the similar quarter in the former yr, the business posted $.50 earnings per share. Sally Beauty’s profits was up 4.7% compared to the similar quarter final year. On average, equities investigation analysts forecast that Sally Splendor Holdings, Inc. will publish 2.58 EPS for the latest fiscal 12 months.
Separately, DA Davidson reduced their rate aim on Sally Elegance from $22.00 to $19.50 in a analysis take note on Friday, February 4th. Three equities investigate analysts have rated the inventory with a maintain score, two have assigned a get score and one has assigned a sturdy acquire ranking to the stock. According to MarketBeat.com, the stock has a consensus score of “Buy” and an ordinary cost goal of $23.70.
Sally Splendor Business Profile (Get Rating)
Sally Beauty Holdings, Inc is an international retailer and distributor of qualified magnificence provides. It operates by the Sally Attractiveness Offer (SBS) and Attractiveness Devices Group (BSG) segments. The SBS section features domestic and international chain of retail merchants and a purchaser-experiencing e-commerce web-site that gives expert beauty supplies to each salon experts and retail prospects primarily in North America, Puerto Rico, and pieces of Europe and South America.
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