Dimensional Fund Advisors LP Has $42.32 Million Stock Holdings in Sally Beauty Holdings, Inc. (NYSE:SBH)

Dimensional Fund Advisors LP raised its stake in Sally Beauty Holdings, Inc. (NYSE:SBH - Free Report) by 12.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,049,732 shares of the specialty retailer's stock after purchasing an additional 459,972 shares during the period. Dimensional Fund Advisors LP owned 3.98% of Sally Beauty worth $42,316,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Federated Hermes Inc. lifted its stake in shares of Sally Beauty by 119.1% in the fourth quarter. Federated Hermes Inc. now owns 3,702 shares of the specialty retailer's stock worth $39,000 after acquiring an additional 2,012 shares during the period. R Squared Ltd purchased a new position in shares of Sally Beauty during the fourth quarter worth about $56,000. KBC Group NV lifted 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 acquiring an additional 2,764 shares during the last quarter. Wealth Advisory Solutions LLC purchased a new stake in Sally Beauty in the fourth quarter worth approximately $105,000. Finally, EMC Capital Management lifted its stake in shares of Sally Beauty by 105.5% in the 4th quarter. EMC Capital Management now owns 12,536 shares of the specialty retailer's stock valued at $131,000 after acquiring an additional 6,436 shares during the last quarter.

Analyst Upgrades and Downgrades

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

Sally Beauty Stock Performance

NYSE SBH traded down $0.10 during trading on Friday, hitting $8.25. 628,000 shares of the company's stock traded hands, compared to its average volume of 1,776,035. The stock has a market capitalization of $841.12 million, a price-to-earnings ratio of 4.94 and a beta of 1.33. The business has a 50 day moving average of $8.52 and a 200-day moving average of $10.55. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.44 and a current ratio of 2.27. Sally Beauty Holdings, Inc. has a 12-month low of $7.54 and a 12-month high of $14.79.

Sally Beauty (NYSE:SBH - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The specialty retailer reported $0.43 EPS for the quarter, meeting analysts' consensus estimates of $0.43. Sally Beauty had a return on equity of 30.35% and a net margin of 4.73%. The company had revenue of $937.90 million during the quarter, compared to analyst estimates of $941.44 million. As a group, equities research analysts anticipate that Sally Beauty Holdings, Inc. will post 1.81 earnings per share 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.