(NYSE:SBH) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The stock has "Market Perform" rating by Wells Fargo on Thursday, June 2. Advisory Research Inc acquired 108,504 shares as Sally Beauty Holdings Inc (SBH)'s stock declined 19.54%. Vanguard Group Inc. now owns 11,330,251 shares of the specialty retailer's stock valued at $231,591,000 after buying an additional 501,039 shares during the period. Nordea Investment Management AB now owns 4,856,164 shares of the specialty retailer's stock worth $99,260,000 after buying an additional 2,156,191 shares during the last quarter. Oppenheimer had a markedly different take on 02/02/2017, proposing that SBH is now considered Perform versus prior Outperform rating. As of quarter end Proficio Capital Partners LLC had bought a total of 711 shares growing its holdings by 467.8%. FMR LLC now owns 9,776,428 shares of the specialty retailer's stock worth $258,293,000 after buying an additional 531,570 shares in the last quarter.
11/22/2016 - Sally Beauty Holdings, Inc. had its " rating reiterated by analysts at Cowen. PNC Financial Services Group Inc. now owns 7,763 shares of the specialty retailer's stock worth $158,000 after buying an additional 2,125 shares during the last quarter.
Sally Beauty Holdings, Inc. has a 1-year low of $17.26 and a 1-year high of $30.73.
Sally Beauty Holdings (NYSE:SBH) last released its earnings results on Thursday, May 4th. The company has market cap of $2.70 billion. The firm has a 50-day moving average price of $18.88 and a 200 day moving average price of $21.65.
02/05/2016 - Sally Beauty Holdings, Inc. had its " rating reiterated by analysts at Nomura. The specialty retailer reported $0.44 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.42 by $0.02. The firm had revenue of $966.50 million during the quarter, compared to analysts' expectations of $986.09 million. Sally Beauty Holdings had a negative return on equity of 84.81% and a net margin of 5.92%. The Company operates through two business segments: Sally Beauty Supply and Beauty Systems Group (BSG). Next quarter's EPS is forecasted at $0.45 and the next full year EPS is anticipated to be $1.90.
02/05/2016 - Sally Beauty Holdings, Inc. had its "equal weight" rating reiterated by analysts at Barclays. KeyBanc Capital Markets upgraded the shares of SBH in report on Tuesday, December 15 to "Overweight" rating. "NY" was originally reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this piece on another website, it was copied illegally and republished in violation of United States and global trademark & copyright law. The legal version of this article can be accessed at https://sportsperspectives.com/2017/07/16/sally-beauty-holdings-inc-sbh-shares-sold-by-metropolitan-life-insurance-co-ny.html.
SBH has been the subject of a number of analyst reports.
02/06/2017 - Sally Beauty Holdings, Inc. had its "neutral" rating reiterated by analysts at B. Riley. DA Davidson began coverage on shares of Sally Beauty Holdings in a research report on Thursday, July 6th. Also, SVP Matthew Olen Haltom sold 3,060 shares of Sally Beauty Holdings stock in a transaction on Tuesday, May 9th. ValuEngine downgraded shares of Sally Beauty Holdings from a "buy" rating to a "hold" rating in a research report on Friday, June 2nd. They now have a Dollars 29 price target on the stock. They now have a Dollars 18 price target on the stock.
A price target is the projected price level of a financial security stated by an investment analyst. Following the transaction, the senior vice president now directly owns 6,999 shares of the company's stock, valued at $139,980. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Robert R. Mcmaster bought 5,500 shares of the stock in a transaction that occurred on Friday, June 2nd. The share price has moved forward from its 20 days moving average, trading at a distance of 11.49% and stays 8.53% away from its 50 days moving average. Following the completion of the purchase, the chief executive officer now owns 142,543 shares in the company, valued at approximately $2,833,754.84. The disclosure for this sale can be found here.
The counter witnessed a trading volume of 1.99 million shares versus an average volume of 2.31 million shares during last trading session. The stock rose 0.63% or $0.12 reaching $19.18 per share.
Sally Beauty Holdings, Inc is an global specialty retailer and distributor of professional beauty supplies with operations primarily in North America, South America and Europe.