Tudor Investment Corp ET AL Makes New $753,000 Investment in Sally Beauty Holdings, Inc. (NYSE:SBH)

Tudor Investment Corp ET AL purchased a new stake in Sally Beauty Holdings, Inc. (NYSE:SBH - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 72,070 shares of the specialty retailer's stock, valued at approximately $753,000. Tudor Investment Corp ET AL owned 0.07% of Sally Beauty at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of SBH. Federated Hermes Inc. grew its holdings in Sally Beauty by 119.1% in the fourth quarter. Federated Hermes Inc. now owns 3,702 shares of the specialty retailer's stock valued at $39,000 after purchasing an additional 2,012 shares during the period. R Squared Ltd purchased a new stake in shares of Sally Beauty during the 4th quarter valued at $56,000. KBC Group NV increased its holdings in shares of Sally Beauty by 89.0% during the 4th quarter. KBC Group NV now owns 5,871 shares of the specialty retailer's stock worth $61,000 after buying an additional 2,764 shares during the last quarter. Wealth Advisory Solutions LLC purchased a new position in shares of Sally Beauty in the 4th quarter worth $105,000. Finally, Quarry LP boosted its holdings in Sally Beauty by 302.2% in the fourth quarter. Quarry LP now owns 11,986 shares of the specialty retailer's stock valued at $125,000 after acquiring an additional 9,006 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. DA Davidson dropped their price target on Sally Beauty from $13.00 to $10.50 and set a "neutral" rating for the company in a research note on Tuesday, February 18th. Morgan Stanley dropped their target price on shares of Sally Beauty from $12.00 to $10.00 and set an "underweight" rating for the company in a research report on Tuesday, January 21st. Canaccord Genuity Group assumed coverage on shares of Sally Beauty in a research report on Thursday, January 16th. They set a "buy" rating and a $14.00 price target on the stock. Finally, StockNews.com raised shares of Sally Beauty from a "hold" rating to a "buy" rating in a research report on Wednesday, February 19th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $12.70.

Sally Beauty Stock Down 1.8 %

Shares of SBH traded down $0.15 during mid-day trading on Friday, reaching $8.20. 2,215,466 shares of the stock traded hands, compared to its average volume of 1,780,998. The stock has a fifty day simple moving average of $8.51 and a 200 day simple moving average of $10.50. Sally Beauty Holdings, Inc. has a 12-month low of $7.54 and a 12-month high of $14.79. The company has a quick ratio of 0.44, a current ratio of 2.27 and a debt-to-equity ratio of 1.43. The firm has a market cap of $836.02 million, a price-to-earnings ratio of 4.91 and a beta of 1.33.

Sally Beauty (NYSE:SBH - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The specialty retailer reported $0.43 earnings per share for the quarter, meeting analysts' consensus estimates of $0.43. Sally Beauty had a net margin of 4.73% and a return on equity of 30.35%. The company had revenue of $937.90 million during the quarter, compared to analysts' expectations of $941.44 million. Sell-side analysts expect that Sally Beauty Holdings, Inc. will post 1.81 EPS for the current fiscal year.

About Sally Beauty

Sally Beauty Holdings, Inc operates as a specialty retailer and distributor of professional beauty supplies. The company operates through two segments, Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment offers beauty products, including hair color and care products, skin and nail care products, styling tools, and other beauty products for retail customers, salons, and salon professionals.