Atom Investors LP Acquires New Stake in Sally Beauty Holdings, Inc. (NYSE:SBH)

Robert Hundley

Atom Investors LP acquired a new stake in Sally Natural beauty Holdings, Inc. (NYSE:SBH – Get Ranking) during the 3rd quarter, according to the organization in its most new submitting with the Securities & Trade Fee. The institutional investor obtained 132,991 shares of the specialty retailer’s inventory, valued at approximately $1,676,000. Atom Traders LP owned about .12{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} of Sally Attractiveness at the finish of the most current quarter.

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Other institutional buyers have also acquired and bought shares of the business. Assetmark Inc. lifted its stake in Sally Magnificence by 146.{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} in the next quarter. Assetmark Inc. now owns 2,423 shares of the specialty retailer’s stock valued at $29,000 right after obtaining an additional 1,438 shares all through the final quarter. To start with Horizon Advisors Inc. lifted its stake in Sally Natural beauty by 1,882.3{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} in the second quarter. Very first Horizon Advisors Inc. now owns 2,458 shares of the specialty retailer’s stock valued at $29,000 just after obtaining an further 2,334 shares in the course of the final quarter. Captrust Money Advisors raised its holdings in Sally Splendor by 34.2{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} all through the 1st quarter. Captrust Monetary Advisors now owns 5,036 shares of the specialty retailer’s inventory valued at $79,000 following acquiring an more 1,282 shares throughout the time period. Royal Lender of Canada elevated its holdings in Sally Splendor by 18.3{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} for the duration of the 1st quarter. Royal Lender of Canada now owns 7,037 shares of the specialty retailer’s inventory valued at $110,000 after buying an additional 1,091 shares through the period. At last, Counterpoint Mutual Cash LLC elevated its holdings in Sally Natural beauty by 94.3{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} for the duration of the 2nd quarter. Counterpoint Mutual Funds LLC now owns 8,265 shares of the specialty retailer’s stock valued at $99,000 soon after buying an additional 4,011 shares during the interval.

Analyst Scores Changes

A number of brokerages have issued reviews on SBH. DA Davidson lowered their goal selling price on shares of Sally Attractiveness from $14.50 to $11.50 and set a “neutral” rating on the stock in a report on Monday, November 14th. Piper Sandler commenced coverage on shares of Sally Beauty in a report on Thursday, December 15th. They set an “chubby” rating and a $15.00 focus on rate on the stock. lower shares of Sally Splendor from a “purchase” score to a “keep” rating in a report on Tuesday, January 10th. Last but not least, Morgan Stanley lowered their target cost on shares of Sally Splendor to $10.00 in a report on Wednesday, November 16th. Two analysts have rated the stock with a market score, five have presented a maintain rating and one particular has assigned a purchase rating to the corporation. According to details from MarketBeat, Sally Magnificence currently has an typical ranking of “Maintain” and a consensus value goal of $14.10.

Sally Magnificence Selling price Performance

Shares of Sally Magnificence stock traded up $.27 during investing on Tuesday, hitting $15.43. The inventory had a buying and selling quantity of 313,730 shares, compared to its average volume of 1,186,732. The firm has a industry cap of $1.65 billion, a price-to-earnings ratio of 9.19 and a beta of 1.19. Sally Magnificence Holdings, Inc. has a 12 thirty day period small of $10.95 and a 12 month significant of $19.08. The business’s 50-working day shifting ordinary is $12.99 and its 200 working day transferring normal is $13.33. The business has a latest ratio of 1.70, a speedy ratio of .29 and a financial debt-to-equity ratio of 3.69.

Sally Elegance (NYSE:SBH – Get Ranking) last introduced its earnings outcomes on Thursday, November 10th. The specialty retailer noted $.50 EPS for the quarter, beating analysts’ consensus estimates of $.48 by $.02. The small business had earnings of $962.46 million for the quarter, as opposed to analysts’ anticipations of $943.88 million. Sally Magnificence experienced a return on fairness of 83.29{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} and a net margin of 4.81{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720}. As a team, promote-side analysts foresee that Sally Splendor Holdings, Inc. will write-up 1.88 earnings for every share for the present calendar year.

Sally Beauty Profile

(Get Ranking)

Sally Magnificence Holdings, Inc is an global retailer and distributor of professional natural beauty provides. It operates by way of the Sally Magnificence Source (SBS) and Beauty Systems Team (BSG) segments. The SBS phase gives domestic and international chain of retail retailers and a shopper-struggling with e-commerce web site that provides experienced elegance supplies to the two salon gurus and retail customers generally in North The usa, Puerto Rico, and elements of Europe and South The us.

Highlighted Tales

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

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