Sally Beauty Holdings, Inc. (NYSE:SBH) Shares Bought by Swiss National Bank

Swiss National Bank lifted its stake in Sally Beauty Holdings, Inc. (NYSE:SBH – Get Rating) by 1.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 258,400 shares of the specialty retailer’s stock after acquiring an additional 4,700 shares during the quarter. Swiss National Bank owned 0.24% of Sally Beauty worth $3,235,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Twinbeech Capital LP lifted its holdings in shares of Sally Beauty by 81.6% in the 3rd quarter. Twinbeech Capital LP now owns 232,303 shares of the specialty retailer’s stock worth $2,927,000 after acquiring an additional 104,383 shares during the last quarter. AlphaCrest Capital Management LLC lifted its holdings in shares of Sally Beauty by 89.8% in the 3rd quarter. AlphaCrest Capital Management LLC now owns 49,374 shares of the specialty retailer’s stock worth $622,000 after acquiring an additional 23,359 shares during the last quarter. Engineers Gate Manager LP lifted its holdings in shares of Sally Beauty by 8.6% in the 3rd quarter. Engineers Gate Manager LP now owns 53,892 shares of the specialty retailer’s stock worth $679,000 after acquiring an additional 4,258 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in Sally Beauty by 1.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,135,367 shares of the specialty retailer’s stock worth $14,304,000 after buying an additional 19,749 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Sally Beauty by 1.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,455,072 shares of the specialty retailer’s stock worth $30,937,000 after buying an additional 36,919 shares in the last quarter.

Sally Beauty Price Performance

Shares of NYSE:SBH opened at $11.06 on Tuesday. The company’s fifty day moving average price is $13.78 and its 200 day moving average price is $13.95. Sally Beauty Holdings, Inc. has a 12 month low of $10.80 and a 12 month high of $18.42. The company has a debt-to-equity ratio of 2.50, a current ratio of 1.92 and a quick ratio of 0.29. The firm has a market capitalization of $1.19 billion, a P/E ratio of 7.58 and a beta of 1.29.

Sally Beauty (NYSE:SBH – Get Rating) last announced its quarterly earnings results on Thursday, May 4th. The specialty retailer reported $0.41 EPS for the quarter, topping the consensus estimate of $0.37 by $0.04. Sally Beauty had a net margin of 4.19% and a return on equity of 62.12%. The firm had revenue of $919.00 million for the quarter, compared to analyst estimates of $889.00 million. During the same period last year, the business earned $0.47 EPS. Sally Beauty’s revenue for the quarter was up .8% compared to the same quarter last year. As a group, sell-side analysts predict that Sally Beauty Holdings, Inc. will post 1.89 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on SBH shares. Morgan Stanley increased their target price on shares of Sally Beauty from $10.00 to $12.00 and gave the stock an “underweight” rating in a report on Friday, February 3rd. StockNews.com started coverage on shares of Sally Beauty in a report on Thursday, May 18th. They set a “buy” rating on the stock. DA Davidson increased their target price on shares of Sally Beauty from $11.50 to $17.00 and gave the stock a “neutral” rating in a report on Monday, February 6th. Finally, Cowen raised their price objective on shares of Sally Beauty from $14.00 to $19.00 and gave the company a “market perform” rating in a report on Thursday, February 16th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Sally Beauty presently has an average rating of “Hold” and an average target price of $16.00.

Sally Beauty Profile

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Sally Beauty Holdings, Inc is an international retailer and distributor of professional beauty supplies. It operates through the Sally Beauty Supply (SBS) and Beauty Systems Group (BSG) segments. The SBS segment offers domestic and international chain of retail stores and a consumer-facing e-commerce website that offers professional beauty supplies to both salon professionals and retail customers primarily in North America, Puerto Rico, and parts of Europe and South America.