Royce & Associates LP trimmed its position in shares of Sally Beauty Holdings, Inc. (NYSE:SBH) by 26.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,223 shares of the specialty retailer’s stock after selling 1,189 shares during the period. Royce & Associates LP’s holdings in Sally Beauty were worth $59,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently bought and sold shares of SBH. Benjamin F. Edwards & Company Inc. lifted its position in Sally Beauty by 17.9% during the third quarter. Benjamin F. Edwards & Company Inc. now owns 4,176 shares of the specialty retailer’s stock valued at $62,000 after purchasing an additional 634 shares during the last quarter. Empirical Finance LLC raised its position in shares of Sally Beauty by 1.2% during the 4th quarter. Empirical Finance LLC now owns 54,840 shares of the specialty retailer’s stock valued at $1,001,000 after buying an additional 653 shares in the last quarter. Dupont Capital Management Corp raised its position in shares of Sally Beauty by 10.2% during the 3rd quarter. Dupont Capital Management Corp now owns 15,393 shares of the specialty retailer’s stock valued at $229,000 after buying an additional 1,429 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Sally Beauty by 23.5% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,686 shares of the specialty retailer’s stock valued at $114,000 after acquiring an additional 1,464 shares during the last quarter. Finally, CWM LLC lifted its holdings in shares of Sally Beauty by 1,273.4% in the 3rd quarter. CWM LLC now owns 1,703 shares of the specialty retailer’s stock valued at $25,000 after acquiring an additional 1,579 shares during the last quarter.
SBH traded down $0.32 during trading on Friday, reaching $13.12. The company had a trading volume of 1,628,478 shares, compared to its average volume of 2,297,455. The stock has a market cap of $1.57 billion, a P/E ratio of 6.07, a PEG ratio of 1.52 and a beta of 0.55. The business has a 50 day simple moving average of $15.12 and a 200-day simple moving average of $15.70. Sally Beauty Holdings, Inc. has a 52 week low of $11.46 and a 52 week high of $21.98. The company has a quick ratio of 0.33, a current ratio of 2.00 and a debt-to-equity ratio of 717.80.
Sally Beauty (NYSE:SBH) last posted its quarterly earnings data on Thursday, February 6th. The specialty retailer reported $0.47 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.56 by ($0.09). Sally Beauty had a net margin of 6.70% and a negative return on equity of 376.67%. The firm had revenue of $980.21 million for the quarter, compared to the consensus estimate of $995.21 million. During the same quarter last year, the firm earned $0.57 EPS. The company’s revenue was down .9% on a year-over-year basis. As a group, equities research analysts expect that Sally Beauty Holdings, Inc. will post 2.28 EPS for the current fiscal year.
In other news, Director Edward W. Rabin purchased 9,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 11th. The stock was purchased at an average cost of $13.43 per share, with a total value of $120,870.00. 2.62% of the stock is currently owned by insiders.
Several equities research analysts have weighed in on the company. ValuEngine cut Sally Beauty from a “hold” rating to a “sell” rating in a research note on Tuesday, February 4th. DA Davidson raised Sally Beauty from an “underperform” rating to a “neutral” rating and set a $15.00 price objective for the company in a research note on Tuesday, January 21st. Two research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $15.40.
Sally Beauty Company Profile
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, skin and nail care, styling tools, and other beauty products for retail customers and salon professionals.
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