UBS Asset Management Americas Inc. Grows Position in Sally Beauty Holdings, Inc. (NYSE:SBH)

UBS Asset Administration Americas Inc. greater its place in Sally Magnificence Holdings, Inc. (NYSE:SBH – Get Score) by 12.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Trade Fee. The company owned 180,839 shares of the specialty retailer’s stock immediately after purchasing an supplemental 20,255 shares all through the quarter. UBS Asset Administration Americas Inc.’s holdings in Sally Natural beauty had been worth $3,047,000 as of its most modern submitting with the Securities & Exchange Commission.

A number of other institutional traders and hedge cash have also lately included to or lowered their stakes in SBH. Millennium Management LLC lifted its stake in shares of Sally Magnificence by 302.9% in the 3rd quarter. Millennium Management LLC now owns 763,107 shares of the specialty retailer’s stock valued at $12,858,000 after getting an extra 573,719 shares through the period. Foundry Companions LLC purchased a new position in Sally Natural beauty during the third quarter valued at $9,662,000. Arrowstreet Capital Confined Partnership elevated its stake in Sally Splendor by 33.3% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,773,613 shares of the specialty retailer’s inventory valued at $29,885,000 after acquiring an extra 443,239 shares for the duration of the very last quarter. ArrowMark Colorado Holdings LLC lifted its stake in Sally Natural beauty by 2.9% in the course of the third quarter. ArrowMark Colorado Holdings LLC now owns 15,406,794 shares of the specialty retailer’s inventory valued at $259,604,000 immediately after obtaining an further 432,093 shares through the final quarter. Eventually, Morgan Stanley lifted its stake in Sally Splendor by 45.4% for the duration of the 2nd quarter. Morgan Stanley now owns 1,339,270 shares of the specialty retailer’s inventory valued at $29,557,000 immediately after acquiring an supplemental 418,367 shares through the very last quarter.

Sally Natural beauty stock opened at $17.15 on Friday. The corporation has a recent ratio of 2.08, a rapid ratio of .60 and a credit card debt-to-fairness ratio of 4.92. Sally Beauty Holdings, Inc. has a 12 thirty day period small of $15.24 and a 12 thirty day period high of $25.66. The organization has a current market cap of $1.94 billion, a cost-to-earnings ratio of 7.83 and a beta of 1.45. The inventory has a fifty day basic shifting typical of $17.47 and a two-hundred working day simple shifting regular of $17.84.

Sally Natural beauty (NYSE:SBH – Get Score) past issued its quarterly earnings knowledge on Wednesday, February 2nd. The specialty retailer described $.63 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $.60 by $.03. Sally Splendor experienced a return on fairness of 125.54% and a web margin of 6.42%. The corporation had earnings of $980.00 million through the quarter, in comparison to analyst estimates of $993.34 million. In the course of the similar quarter in the past 12 months, the enterprise posted $.50 earnings for every share. Sally Beauty’s profits was up 4.7% when compared to the same quarter last yr. On typical, equities investigation analysts forecast that Sally Beauty Holdings, Inc. will post 2.58 EPS for the recent fiscal calendar year.

Independently, DA Davidson lowered their price tag goal on Sally Attractiveness from $22.00 to $19.50 in a investigation observe on Friday, February 4th. Three equities investigate analysts have rated the inventory with a maintain rating, two have assigned a buy ranking and a person has assigned a potent acquire ranking to the inventory. In accordance to MarketBeat.com, the inventory has a consensus rating of “Buy” and an ordinary value target of $23.70.

Sally Attractiveness Organization Profile (Get Rating)

Sally Natural beauty Holdings, Inc is an global retailer and distributor of specialist beauty materials. It operates by means of the Sally Beauty Source (SBS) and Magnificence Devices Group (BSG) segments. The SBS phase provides domestic and intercontinental chain of retail suppliers and a buyer-facing e-commerce web-site that provides professional splendor materials to equally salon specialists and retail shoppers largely in North America, Puerto Rico, and sections of Europe and South America.

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