August 13, 2022

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

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UBS Asset Administration Americas Inc. enhanced its situation in Sally Splendor Holdings, Inc. (NYSE:SBHGet Ranking) by 12.6% in the third quarter, according to the organization in its most recent submitting with the Securities & Exchange Fee. The business owned 180,839 shares of the specialty retailer’s stock immediately after purchasing an extra 20,255 shares in the course of the quarter. UBS Asset Administration Americas Inc.’s holdings in Sally Elegance had been worth $3,047,000 as of its most latest submitting with the Securities & Trade Fee.

Various other institutional investors and hedge money have also a short while ago additional to or lowered their stakes in SBH. Millennium Management LLC lifted its stake in shares of Sally Natural beauty by 302.9% in the 3rd quarter. Millennium Management LLC now owns 763,107 shares of the specialty retailer’s inventory valued at $12,858,000 just after obtaining an added 573,719 shares for the duration of the period. Foundry Companions LLC procured a new placement in Sally Elegance in the course of the 3rd quarter valued at $9,662,000. Arrowstreet Funds Restricted Partnership elevated its stake in Sally Magnificence by 33.3% during the 3rd quarter. Arrowstreet Cash Limited Partnership now owns 1,773,613 shares of the specialty retailer’s stock valued at $29,885,000 immediately after obtaining an further 443,239 shares in the course of the last quarter. ArrowMark Colorado Holdings LLC lifted its stake in Sally Attractiveness by 2.9% for the duration of the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 15,406,794 shares of the specialty retailer’s stock valued at $259,604,000 after acquiring an supplemental 432,093 shares all through the last quarter. Lastly, Morgan Stanley raised its stake in Sally Magnificence 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 right after buying an additional 418,367 shares through the final quarter.

Sally Natural beauty stock opened at $17.15 on Friday. The corporation has a recent ratio of 2.08, a swift ratio of .60 and a personal debt-to-equity ratio of 4.92. Sally Magnificence Holdings, Inc. has a 12 month lower of $15.24 and a 12 month large of $25.66. The company has a market cap of $1.94 billion, a selling price-to-earnings ratio of 7.83 and a beta of 1.45. The stock has a fifty working day very simple moving normal of $17.47 and a two-hundred working day easy going regular of $17.84.

Sally Attractiveness (NYSE:SBHGet Rating) final issued its quarterly earnings information on Wednesday, February 2nd. The specialty retailer reported $.63 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $.60 by $.03. Sally Natural beauty had a return on fairness of 125.54% and a internet margin of 6.42%. The business had income of $980.00 million for the duration of the quarter, when compared to analyst estimates of $993.34 million. Through the identical quarter in the former yr, the organization posted $.50 earnings per share. Sally Beauty’s profits was up 4.7% compared to the same quarter very last calendar year. On average, equities research analysts forecast that Sally Attractiveness Holdings, Inc. will publish 2.58 EPS for the latest fiscal 12 months.

Individually, DA Davidson decreased their rate objective on Sally Beauty from $22.00 to $19.50 in a investigate observe on Friday, February 4th. Three equities research analysts have rated the stock with a hold rating, two have assigned a purchase score and a single has assigned a potent invest in score to the stock. According to MarketBeat.com, the inventory has a consensus ranking of “Buy” and an typical value concentrate on of $23.70.

Sally Natural beauty Company Profile (Get Rating)

Sally Splendor Holdings, Inc is an global retailer and distributor of qualified magnificence materials. It operates as a result of the Sally Splendor Offer (SBS) and Splendor Systems Team (BSG) segments. The SBS segment delivers domestic and international chain of retail suppliers and a customer-struggling with e-commerce web-site that delivers professional elegance supplies to the two salon specialists and retail prospects generally in North America, Puerto Rico, and components of Europe and South The usa.

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

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