Koch Industries Inc. Takes $231,000 Position in Sally Beauty Holdings, Inc. (SBH)

Koch Industries Inc. purchased a new position in shares of Sally Beauty Holdings, Inc. (NYSE:SBH) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 12,298 shares of the specialty retailer’s stock, valued at approximately $231,000.

Several other institutional investors and hedge funds have also modified their holdings of SBH. State of Alaska Department of Revenue bought a new position in shares of Sally Beauty during the 4th quarter worth approximately $185,000. GSA Capital Partners LLP bought a new position in shares of Sally Beauty during the 3rd quarter worth approximately $197,000. Invictus RG bought a new position in shares of Sally Beauty during the 3rd quarter worth approximately $202,000. Crossmark Global Holdings Inc. bought a new position in shares of Sally Beauty during the 3rd quarter worth approximately $261,000. Finally, Landscape Capital Management L.L.C. bought a new position in shares of Sally Beauty during the 4th quarter worth approximately $270,000.

Several equities analysts have recently weighed in on SBH shares. KeyCorp reaffirmed a “hold” rating on shares of Sally Beauty in a research note on Friday, November 24th. ValuEngine cut shares of Sally Beauty from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Robert W. Baird set a $21.00 price target on shares of Sally Beauty and gave the stock a “buy” rating in a research note on Friday, December 22nd. Zacks Investment Research cut shares of Sally Beauty from a “hold” rating to a “sell” rating in a research note on Saturday, November 18th. Finally, BMO Capital Markets set a $18.00 price target on shares of Sally Beauty and gave the stock a “hold” rating in a research note on Thursday, February 8th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $17.50.

Shares of Sally Beauty Holdings, Inc. (NYSE:SBH) opened at $17.15 on Friday. The company has a market capitalization of $2,105.48, a P/E ratio of 9.10, a PEG ratio of 1.02 and a beta of 0.37. The company has a quick ratio of 0.38, a current ratio of 1.97 and a debt-to-equity ratio of -5.17. Sally Beauty Holdings, Inc. has a twelve month low of $14.05 and a twelve month high of $21.36.

Sally Beauty (NYSE:SBH) last released its quarterly earnings data on Thursday, February 8th. The specialty retailer reported $0.68 EPS for the quarter, beating the consensus estimate of $0.42 by $0.26. The company had revenue of $994.96 million during the quarter, compared to the consensus estimate of $990.18 million. Sally Beauty had a negative return on equity of 72.22% and a net margin of 6.17%. The firm’s revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.39 EPS. analysts forecast that Sally Beauty Holdings, Inc. will post 2.42 earnings per share for the current year.

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Sally Beauty Company Profile

Sally Beauty Holdings, Inc is an international specialty retailer and distributor of professional beauty supplies with operations primarily in North America, South America and Europe. The Company operates through two business segments: Sally Beauty Supply and Beauty Systems Group (BSG). Sally Beauty Supply is a domestic and international chain of cash and carry retail stores, which offers professional beauty supplies to both salon professionals and retail customers primarily in North America, Puerto Rico, and parts of Europe and South America.

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

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