National Bank of Canada FI Buys New Position in Sally Beauty Holdings, Inc. (NYSE:SBH)

[ad_1]

Nationwide Lender of Canada FI purchased a new stake in shares of Sally Attractiveness Holdings, Inc. (NYSE:SBHGet Score) in the 4th quarter, according to its most latest 13F submitting with the Securities and Trade Fee (SEC). The fund acquired 6,800 shares of the specialty retailer’s inventory, valued at approximately $126,000.

A selection of other hedge funds and other institutional investors have also designed modifications to their positions in SBH. US Bancorp DE boosted its position in shares of Sally Splendor by 43.4% in the third quarter. US Bancorp DE now owns 1,881 shares of the specialty retailer’s stock truly worth $32,000 just after acquiring an supplemental 569 shares in the course of the period of time. Exchange Traded Ideas LLC boosted its posture in shares of Sally Splendor by 1.6% in the fourth quarter. Trade Traded Ideas LLC now owns 37,233 shares of the specialty retailer’s inventory worth $687,000 right after getting an additional 596 shares for the duration of the interval. Oppenheimer & Co. Inc. boosted its situation in shares of Sally Natural beauty by 3.1% in the third quarter. Oppenheimer & Co. Inc. now owns 25,649 shares of the specialty retailer’s inventory worthy of $432,000 after paying for an extra 763 shares all through the interval. O Shaughnessy Asset Management LLC boosted its placement in shares of Sally Magnificence by 65.8% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 2,001 shares of the specialty retailer’s stock well worth $34,000 right after obtaining an extra 794 shares during the period of time. At last, Huntington Countrywide Bank boosted its position in shares of Sally Elegance by 39.8% in the fourth quarter. Huntington Nationwide Bank now owns 3,768 shares of the specialty retailer’s inventory really worth $70,000 following obtaining an supplemental 1,072 shares in the course of the period of time.

SBH stock opened at $15.36 on Thursday. Sally Attractiveness Holdings, Inc. has a 1 12 months reduced of $14.92 and a one particular yr significant of $25.66. The company’s fifty working day moving average selling price is $16.89 and its 200-day going typical cost is $17.70. The business has a credit card debt-to-fairness ratio of 4.92, a fast ratio of .60 and a existing ratio of 2.08. The enterprise has a marketplace capitalization of $1.74 billion, a PE ratio of 7.01 and a beta of 1.42.

Sally Magnificence (NYSE:SBHGet Score) previous launched its earnings benefits on Wednesday, February 2nd. The specialty retailer claimed $.63 EPS for the quarter, topping the consensus estimate of $.60 by $.03. Sally Attractiveness experienced a web margin of 6.42% and a return on equity of 125.54%. The firm experienced earnings of $980.00 million for the quarter, compared to the consensus estimate of $993.34 million. Through the similar quarter in the earlier yr, the agency earned $.50 earnings per share. The company’s quarterly income was up 4.7% as opposed to the very same quarter very last calendar year. On common, investigate analysts forecast that Sally Attractiveness Holdings, Inc. will submit 2.58 EPS for the recent fiscal yr.

SBH has been the topic of a range of current analyst studies. DA Davidson dropped their selling price focus on on shares of Sally Splendor from $22.00 to $19.50 in a investigation report on Friday, February 4th. StockNews.com initiated protection on shares of Sally Attractiveness in a investigation report on Thursday, March 31st. They issued a “buy” rating for the business. Three analysts have rated the stock with a maintain ranking, 3 have assigned a purchase score and a person has assigned a strong acquire rating to the organization. According to MarketBeat, the firm at the moment has a consensus ranking of “Buy” and a consensus concentrate on cost of $23.70.

About Sally Attractiveness (Get Rating)

Sally Splendor Holdings, Inc operates as a specialty retailer and distributor of expert elegance materials. The company operates by two segments, Sally Magnificence Supply and Attractiveness Units Group. The Sally Beauty Offer phase offers beauty merchandise, which includes hair shade and treatment products, pores and skin and nail care products, styling applications, and other magnificence items for retail prospects, salons, and salon professionals.

Further Looking through

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

Want Additional Excellent Investing Ideas?

Receive Information & Scores for Sally Magnificence Daily – Enter your electronic mail address below to receive a concise every day summary of the most up-to-date news and analysts’ ratings for Sally Natural beauty and linked corporations with MarketBeat.com’s Free of charge day-to-day electronic mail newsletter.

[ad_2]

Resource website link