Universal Beteiligungs und Servicegesellschaft mbH Takes $1.60 Million Position in Sally Beauty Holdings, Inc. (NYSE:SBH)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Sally Beauty Holdings, Inc. (NYSE:SBH - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 153,126 shares of the specialty retailer's stock, valued at approximately $1,600,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.15% of Sally Beauty at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its holdings in Sally Beauty by 2.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,605,586 shares of the specialty retailer's stock valued at $27,228,000 after purchasing an additional 59,478 shares during the last quarter. M&T Bank Corp lifted its stake in Sally Beauty by 127.4% during the fourth quarter. M&T Bank Corp now owns 64,352 shares of the specialty retailer's stock worth $672,000 after purchasing an additional 36,057 shares in the last quarter. Millennium Management LLC boosted its position in shares of Sally Beauty by 1,177.7% during the fourth quarter. Millennium Management LLC now owns 1,136,121 shares of the specialty retailer's stock worth $11,872,000 after buying an additional 1,047,199 shares during the period. Hillsdale Investment Management Inc. acquired a new stake in shares of Sally Beauty in the fourth quarter valued at $3,177,000. Finally, Vanguard Group Inc. grew its stake in shares of Sally Beauty by 2.3% in the fourth quarter. Vanguard Group Inc. now owns 12,428,715 shares of the specialty retailer's stock valued at $129,880,000 after buying an additional 279,222 shares in the last quarter.

Sally Beauty Stock Up 0.3%

Shares of NYSE:SBH traded up $0.03 during trading on Wednesday, hitting $9.10. The company's stock had a trading volume of 1,322,553 shares, compared to its average volume of 1,820,561. Sally Beauty Holdings, Inc. has a fifty-two week low of $7.54 and a fifty-two week high of $14.79. The business has a 50 day moving average price of $8.52 and a two-hundred day moving average price of $10.03. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.44 and a current ratio of 2.27. The company has a market capitalization of $918.14 million, a PE ratio of 5.45 and a beta of 1.25.

Sally Beauty (NYSE:SBH - Get Free Report) last released its earnings results on Monday, May 12th. The specialty retailer reported $0.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.39 by $0.03. Sally Beauty had a return on equity of 30.35% and a net margin of 4.73%. The firm had revenue of $883.15 million during the quarter, compared to analyst estimates of $901.00 million. During the same period last year, the business posted $0.35 earnings per share. Sally Beauty's revenue was down 2.8% compared to the same quarter last year. As a group, research analysts expect that Sally Beauty Holdings, Inc. will post 1.81 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on SBH. Wall Street Zen lowered Sally Beauty from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. DA Davidson cut their price target on shares of Sally Beauty from $13.00 to $10.50 and set a "neutral" rating on the stock in a research note on Tuesday, February 18th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $12.70.

Sally Beauty Company Profile

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.