Sally Magnificence Holdings, Inc. (NYSE:SBH) Shares Purchased by State of New Jersey Frequent Pension Fund D

State of New Jersey Frequent Pension Fund D elevated its holdings in Sally Magnificence Holdings, Inc. (NYSE:SBHGet Ranking) by 7.0% within the first quarter, in keeping with its most up-to-date submitting with the Securities and Change Fee. The agency owned 146,674 shares of the specialty retailer’s inventory after buying an extra 9,534 shares through the quarter. State of New Jersey Frequent Pension Fund D owned 0.13% of Sally Magnificence value $2,293,000 on the finish of the latest reporting interval.

Different massive buyers additionally lately purchased and bought shares of the corporate. Fisher Asset Administration LLC raised its holdings in shares of Sally Magnificence by 97.2% through the fourth quarter. Fisher Asset Administration LLC now owns 3,629,631 shares of the specialty retailer’s inventory valued at $67,003,000 after buying an extra 1,789,399 shares over the last quarter. Renaissance Applied sciences LLC raised its holdings in shares of Sally Magnificence by 50.3% through the fourth quarter. Renaissance Applied sciences LLC now owns 467,100 shares of the specialty retailer’s inventory valued at $8,623,000 after buying an extra 156,384 shares over the last quarter. Pacer Advisors Inc. raised its holdings in shares of Sally Magnificence by 27.9% through the first quarter. Pacer Advisors Inc. now owns 566,542 shares of the specialty retailer’s inventory valued at $8,855,000 after buying an extra 123,636 shares over the last quarter. Geode Capital Administration LLC elevated its holdings in shares of Sally Magnificence by 6.0% within the fourth quarter. Geode Capital Administration LLC now owns 1,956,629 shares of the specialty retailer’s inventory valued at $36,119,000 after buying an extra 111,357 shares over the last quarter. Lastly, Schroder Funding Administration Group acquired a brand new stake in shares of Sally Magnificence within the fourth quarter valued at roughly $1,971,000.

Analyst Rankings Modifications

A number of analysis corporations lately commented on SBH. Raymond James lower Sally Magnificence from a “market carry out” ranking to an “underperform” ranking in a report on Wednesday, June twenty ninth. Cowen lower their value goal on Sally Magnificence from $30.00 to $20.00 in a report on Friday, Could sixth. TheStreet lower Sally Magnificence from a “b-” ranking to a “c+” ranking in a report on Thursday, June twenty third. Cowen lowered their value goal on Sally Magnificence from $30.00 to $20.00 in a analysis report on Friday, Could sixth. Lastly, Oppenheimer lowered Sally Magnificence from an “outperform” ranking to a “market carry out” ranking in a analysis report on Thursday, Could fifth. Two funding analysts have rated the inventory with a promote ranking, one has issued a maintain ranking and one has issued a purchase ranking to the corporate. In accordance with information from MarketBeat.com, Sally Magnificence has a consensus ranking of “Maintain” and a mean value goal of $18.70.

Sally Magnificence Buying and selling Up 0.9 %

SBH opened at $13.85 on Thursday. Sally Magnificence Holdings, Inc. has a 52 week low of $11.28 and a 52 week excessive of $21.86. The enterprise has a fifty day easy shifting common of $13.24 and a 200-day easy shifting common of $15.26. The agency has a market cap of $1.48 billion, a P/E ratio of 6.10 and a beta of 1.38. The corporate has a fast ratio of 0.59, a present ratio of two.27 and a debt-to-equity ratio of 5.08.

Sally Magnificence (NYSE:SBHGet Ranking) final launched its quarterly earnings outcomes on Thursday, Could fifth. The specialty retailer reported $0.47 EPS for the quarter, lacking the consensus estimate of $0.51 by ($0.04). The agency had income of $911.40 million for the quarter, in comparison with analysts’ expectations of $951.20 million. Sally Magnificence had a return on fairness of 104.07% and a internet margin of 6.66%. The corporate’s quarterly income was down 1.6% on a year-over-year foundation. Throughout the identical quarter within the prior 12 months, the enterprise earned $0.57 earnings per share. On common, equities analysts count on that Sally Magnificence Holdings, Inc. will publish 2.29 earnings per share for the present 12 months.

Sally Magnificence Firm Profile

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Sally Magnificence Holdings, Inc operates as a specialty retailer and distributor {of professional} magnificence provides. The corporate operates via two segments, Sally Magnificence Provide and Magnificence Programs Group. The Sally Magnificence Provide phase presents magnificence merchandise, together with hair shade and care merchandise, pores and skin and nail care merchandise, styling instruments, and different magnificence merchandise for retail prospects, salons, and salon professionals.

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

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