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

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

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Millennium Management LLC grew its holdings in Sally Beauty by 1,177.7% during the 4th quarter. Millennium Management LLC now owns 1,136,121 shares of the specialty retailer's stock worth $11,872,000 after acquiring an additional 1,047,199 shares during the period. Lightrock Netherlands B.V. acquired a new position in shares of Sally Beauty in the 4th quarter valued at about $9,413,000. Ranmore Fund Management Ltd acquired a new position in shares of Sally Beauty in the 4th quarter valued at about $8,517,000. Invesco Ltd. lifted its stake in shares of Sally Beauty by 102.1% in the 4th quarter. Invesco Ltd. now owns 1,418,465 shares of the specialty retailer's stock valued at $14,823,000 after purchasing an additional 716,613 shares during the period. Finally, Renaissance Technologies LLC acquired a new position in shares of Sally Beauty in the 4th quarter valued at about $6,746,000.

Sally Beauty Stock Down 1.7%

Sally Beauty stock traded down $0.15 during mid-day trading on Friday, reaching $8.61. The stock had a trading volume of 1,309,991 shares, compared to its average volume of 1,823,604. 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 fifty-two week low of $7.54 and a fifty-two week high of $14.79. The stock's 50-day simple moving average is $8.51 and its 200-day simple moving average is $9.96. The firm has a market capitalization of $868.70 million, a PE ratio of 5.16 and a beta of 1.25.

Sally Beauty (NYSE:SBH - Get Free Report) last announced its quarterly earnings data on Monday, May 12th. The specialty retailer reported $0.42 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 analysts' expectations of $901.00 million. During the same quarter last year, the firm posted $0.35 earnings per share. The company's revenue for the quarter was down 2.8% compared to the same quarter last year. On average, sell-side analysts forecast that Sally Beauty Holdings, Inc. will post 1.81 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on SBH. DA Davidson dropped their price objective on Sally Beauty from $13.00 to $10.50 and set a "neutral" rating on the stock in a research note on Tuesday, February 18th. Wall Street Zen cut shares of Sally Beauty from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. One equities research 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 MarketBeat, the company has an average rating of "Hold" and an average price target of $12.70.

Sally Beauty 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.