Maryland State Retirement & Pension System Has $690,000 Stake in Sally Beauty Holdings, Inc. (NYSE:SBH)

Maryland State Retirement & Pension Procedure lowered its place in shares of Sally Magnificence Holdings, Inc. (NYSE:SBH – Get Ranking) by 2.% in the to start with quarter, according to the organization in its most modern 13F submitting with the Securities and Exchange Fee (SEC). The fund owned 44,141 shares of the specialty retailer’s inventory after offering 921 shares during the period of time. Maryland Point out Retirement & Pension System’s holdings in Sally Elegance had been really worth $690,000 at the conclude of the most recent quarter.

A number of other institutional traders have also lately added to or lessened their stakes in SBH. Dim Forest Capital Administration LP acquired a new place in Sally Elegance during the 3rd quarter worthy of $109,000. Morgan Stanley elevated its holdings in shares of Sally Splendor by 1.% all through the 3rd quarter. Morgan Stanley now owns 1,353,140 shares of the specialty retailer’s stock value $22,801,000 following acquiring an supplemental 13,870 shares through the interval. Marshall Wace LLP acquired a new place in shares of Sally Attractiveness in the course of the 3rd quarter worthy of about $315,000. Cubist Systematic Procedures LLC improved its holdings in shares of Sally Natural beauty by 20.3% throughout the 3rd quarter. Cubist Systematic Methods LLC now owns 70,858 shares of the specialty retailer’s stock really worth $1,194,000 just after paying for an supplemental 11,950 shares in the course of the period. Last but not least, Millennium Administration LLC improved its holdings in shares of Sally Attractiveness by 302.9% through the 3rd quarter. Millennium Management LLC now owns 763,107 shares of the specialty retailer’s inventory truly worth $12,858,000 just after buying an added 573,719 shares in the course of the interval.

Numerous analysis analysts have just lately issued stories on the inventory. Cowen dropped their selling price objective on shares of Sally Magnificence from $30.00 to $20.00 in a report on Friday, May well 6th. Morgan Stanley downgraded shares of Sally Natural beauty from an “equal weight” score to an “underweight” ranking and dropped their cost objective for the inventory from $19.00 to $12.00 in a report on Thursday, June 16th. Oppenheimer cut shares of Sally Elegance from an “outperform” score to a “market perform” rating in a analysis notice on Thursday, May well 5th. StockNews.com raised Sally Attractiveness from a “hold” score to a “buy” ranking in a report on Monday, June 13th. Last but not least, Cowen dropped their goal cost on Sally Splendor from $30.00 to $20.00 in a report on Friday, May perhaps 6th. A person expenditure analyst has rated the stock with a sell ranking, 3 have assigned a keep ranking and just one has assigned a buy score to the business. Dependent on knowledge from MarketBeat, the company presently has an regular rating of “Hold” and a consensus price tag concentrate on of $18.70.

Shares of SBH opened at $12.18 on Friday. The inventory has a fifty working day transferring normal cost of $14.51 and a two-hundred working day shifting ordinary cost of $16.48. The firm has a personal debt-to-equity ratio of 5.08, a swift ratio of .59 and a present-day ratio of 2.27. Sally Attractiveness Holdings, Inc. has a 52-7 days low of $11.52 and a 52-7 days significant of $23.39. The corporation has a market cap of $1.30 billion, a cost-to-earnings ratio of 5.37 and a beta of 1.34.

Sally Beauty (NYSE:SBH – Get Ranking) previous issued its quarterly earnings info on Thursday, May possibly 5th. The specialty retailer reported $.47 earnings for each share (EPS) for the quarter, missing the consensus estimate of $.51 by ($.04). The organization experienced profits of $911.40 million throughout the quarter, compared to the consensus estimate of $951.20 million. Sally Attractiveness had a net margin of 6.66% and a return on equity of 104.07%. The company’s revenue for the quarter was down 1.6% as opposed to the exact quarter very last 12 months. During the exact quarter in the preceding 12 months, the firm posted $.57 EPS. As a group, analysis analysts predict that Sally Splendor Holdings, Inc. will post 2.3 EPS for the recent fiscal calendar year.

Sally Magnificence Enterprise Profile (Get Ranking)

Sally Magnificence Holdings, Inc operates as a specialty retailer and distributor of skilled natural beauty supplies. The corporation operates via two segments, Sally Magnificence Offer and Beauty Devices Group. The Sally Beauty Offer segment provides elegance merchandise, including hair shade and treatment goods, skin and nail care products, styling applications, and other attractiveness products for retail customers, salons, and salon pros.

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