Sally Beauty Holdings, Inc. (SBH) Shares Bought by Flinton Capital Management LLC

Flinton Capital Management LLC raised its holdings in Sally Beauty Holdings, Inc. (NYSE:SBH) by 16.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,424 shares of the specialty retailer’s stock after acquiring an additional 1,328 shares during the quarter. Flinton Capital Management LLC’s holdings in Sally Beauty were worth $161,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Oppenheimer Asset Management Inc. grew its position in shares of Sally Beauty by 5.0% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 14,191 shares of the specialty retailer’s stock worth $242,000 after buying an additional 671 shares in the last quarter. Arizona State Retirement System grew its position in shares of Sally Beauty by 1.1% during the 4th quarter. Arizona State Retirement System now owns 86,233 shares of the specialty retailer’s stock worth $1,470,000 after buying an additional 927 shares in the last quarter. Victory Capital Management Inc. grew its position in shares of Sally Beauty by 4.1% during the 4th quarter. Victory Capital Management Inc. now owns 24,351 shares of the specialty retailer’s stock worth $415,000 after buying an additional 949 shares in the last quarter. Cardinal Capital Management grew its position in shares of Sally Beauty by 3.0% during the 4th quarter. Cardinal Capital Management now owns 34,960 shares of the specialty retailer’s stock worth $596,000 after buying an additional 1,014 shares in the last quarter. Finally, Bank of Montreal Can grew its position in shares of Sally Beauty by 5.3% during the 4th quarter. Bank of Montreal Can now owns 27,189 shares of the specialty retailer’s stock worth $464,000 after buying an additional 1,368 shares in the last quarter.

In other Sally Beauty news, Director Edward W. Rabin purchased 4,500 shares of the firm’s stock in a transaction on Thursday, February 7th. The stock was bought at an average cost of $17.65 per share, for a total transaction of $79,425.00. Following the completion of the purchase, the director now owns 19,732 shares in the company, valued at approximately $348,269.80. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Aaron E. Alt purchased 2,700 shares of the firm’s stock in a transaction on Thursday, February 14th. The stock was acquired at an average price of $18.66 per share, with a total value of $50,382.00. Following the completion of the purchase, the chief financial officer now owns 91,091 shares of the company’s stock, valued at approximately $1,699,758.06. The disclosure for this purchase can be found here. Company insiders own 1.04% of the company’s stock.

A number of equities analysts have recently issued reports on SBH shares. BMO Capital Markets set a $22.00 price target on Sally Beauty and gave the stock a “hold” rating in a research report on Monday, November 19th. Zacks Investment Research raised Sally Beauty from a “hold” rating to a “buy” rating and set a $23.00 price target on the stock in a research report on Monday, November 19th. ValuEngine downgraded Sally Beauty from a “hold” rating to a “sell” rating in a research report on Friday, November 23rd. Citigroup started coverage on Sally Beauty in a research report on Thursday, December 20th. They set an “underweight” rating on the stock. Finally, Wells Fargo & Co set a $18.00 price target on Sally Beauty and gave the stock a “hold” rating in a research report on Tuesday, February 5th. Seven investment analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. Sally Beauty currently has a consensus rating of “Sell” and an average price target of $17.56.

Shares of NYSE SBH opened at $17.77 on Friday. The firm has a market cap of $2.14 billion, a P/E ratio of 8.23, a P/E/G ratio of 2.07 and a beta of 0.43. Sally Beauty Holdings, Inc. has a 1-year low of $13.72 and a 1-year high of $23.61.

Sally Beauty (NYSE:SBH) last issued its quarterly earnings data on Tuesday, February 5th. The specialty retailer reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.05. The firm had revenue of $989.45 million during the quarter, compared to analysts’ expectations of $992.83 million. Sally Beauty had a negative return on equity of 96.26% and a net margin of 6.12%. The firm’s quarterly revenue was down .6% on a year-over-year basis. During the same period in the prior year, the business posted $0.51 EPS. As a group, analysts anticipate that Sally Beauty Holdings, Inc. will post 2.22 earnings per share for the current fiscal year.

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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, skin and nail care, styling tools, and other beauty products for retail customers and salon professionals.

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

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