September 30, 2022

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Strs Ohio Lowers Stake in Sally Beauty Holdings, Inc. (NYSE:SBH)

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Strs Ohio lessened its holdings in shares of Sally Elegance Holdings, Inc. (NYSE:SBHGet Ranking) by 76.5% in the course of the 4th quarter, in accordance to its most recent 13F submitting with the SEC. The fund owned 15,700 shares of the specialty retailer’s stock right after offering 51,100 shares all through the period of time. Strs Ohio’s holdings in Sally Attractiveness were truly worth $289,000 as of its most current filing with the SEC.

A variety of other institutional investors have also modified their holdings of the small business. Huntington Nationwide Lender grew its position in Sally Magnificence by 39.8% all through the 4th quarter. Huntington Nationwide Financial institution now owns 3,768 shares of the specialty retailer’s inventory well worth $70,000 right after paying for an extra 1,072 shares all through the previous quarter. Sciencast Management LP acquired a new stake in shares of Sally Natural beauty in the fourth quarter valued at about $645,000. Miracle Mile Advisors LLC obtained a new stake in shares of Sally Natural beauty in the fourth quarter valued at about $280,000. Exchange Traded Concepts LLC boosted its holdings in shares of Sally Elegance by 1.6% in the fourth quarter. Trade Traded Ideas LLC now owns 37,233 shares of the specialty retailer’s inventory valued at $687,000 immediately after getting an additional 596 shares in the very last quarter. Ultimately, UBS Asset Management Americas Inc. boosted its holdings in shares of Sally Beauty by 12.6% in the 3rd quarter. UBS Asset Management Americas Inc. now owns 180,839 shares of the specialty retailer’s inventory valued at $3,047,000 right after attaining an more 20,255 shares in the last quarter.

Shares of NYSE SBH opened at $15.36 on Thursday. The company has a fast ratio of .60, a recent ratio of 2.08 and a financial debt-to-fairness ratio of 4.92. Sally Natural beauty Holdings, Inc. has a 52 week minimal of $14.92 and a 52 week significant of $25.66. The business has a 50-day shifting typical value of $16.89 and a 200 day relocating regular cost of $17.70. The inventory has a marketplace capitalization of $1.74 billion, a cost-to-earnings ratio of 7.01 and a beta of 1.42.

Sally Splendor (NYSE:SBHGet Rating) very last announced its quarterly earnings knowledge on Wednesday, February 2nd. The specialty retailer documented $.63 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $.60 by $.03. Sally Splendor experienced a net margin of 6.42% and a return on equity of 125.54%. The agency had profits of $980.00 million all through the quarter, in contrast to analysts’ expectations of $993.34 million. Throughout the same quarter final yr, the small business earned $.50 earnings for each share. The business’s revenue for the quarter was up 4.7% when compared to the same quarter past 12 months. Equities analysis analysts hope that Sally Attractiveness Holdings, Inc. will submit 2.58 EPS for the current fiscal yr.

A number of analysts have lately weighed in on the inventory. DA Davidson lowered their target selling price on shares of Sally Beauty from $22.00 to $19.50 in a report on Friday, February 4th. StockNews.com assumed protection on shares of Sally Magnificence in a report on Thursday, March 31st. They issued a “buy” rating on the inventory. 3 equities exploration analysts have rated the stock with a keep score, three have assigned a purchase rating and a person has specified a solid invest in score to the stock. In accordance to MarketBeat, Sally Attractiveness has an average ranking of “Buy” and an regular selling price focus on of $23.70.

Sally Attractiveness Firm Profile (Get Score)

Sally Natural beauty Holdings, Inc operates as a specialty retailer and distributor of professional attractiveness supplies. The business operates by two segments, Sally Magnificence Source and Splendor Methods Group. The Sally Attractiveness Supply section gives natural beauty products, like hair shade and treatment solutions, pores and skin and nail care solutions, styling resources, and other natural beauty solutions for retail prospects, salons, and salon specialists.

Encouraged Tales

Want to see what other hedge funds are keeping SBH? Take a look at HoldingsChannel.com to get the most current 13F filings and insider trades for Sally Beauty Holdings, Inc. (NYSE:SBHGet Ranking).

Institutional Ownership by Quarter for Sally Beauty (NYSE:SBH)

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