WINTON GROUP Ltd Buys 21,582 Shares of Sally Beauty Holdings, Inc. (NYSE:SBH)

WINTON GROUP Ltd grew its position in Sally Beauty Holdings, Inc. (NYSE:SBH) by 40.5% during the fourth quarter, HoldingsChannel reports. The firm owned 74,820 shares of the specialty retailer’s stock after buying an additional 21,582 shares during the quarter. WINTON GROUP Ltd’s holdings in Sally Beauty were worth $782,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Charles Schwab Investment Management Inc. raised its holdings in Sally Beauty by 2.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,605,586 shares of the specialty retailer’s stock worth $27,228,000 after acquiring an additional 59,478 shares during the period. M&T Bank Corp increased its stake in shares of Sally Beauty by 127.4% in the fourth quarter. M&T Bank Corp now owns 64,352 shares of the specialty retailer’s stock worth $672,000 after purchasing an additional 36,057 shares during the period. Hillsdale Investment Management Inc. acquired a new position in shares of Sally Beauty during the 4th quarter worth about $3,177,000. Barclays PLC boosted its stake in Sally Beauty by 36.6% during the 3rd quarter. Barclays PLC now owns 212,159 shares of the specialty retailer’s stock valued at $2,878,000 after purchasing an additional 56,879 shares during the period. Finally, Amundi increased its position in Sally Beauty by 1,215.4% in the 4th quarter. Amundi now owns 237,700 shares of the specialty retailer’s stock worth $2,555,000 after buying an additional 219,630 shares during the period.

Analyst Ratings Changes

SBH has been the topic of several research analyst reports. StockNews.com upgraded shares of Sally Beauty from a “hold” rating to a “buy” rating in a research note on Wednesday, February 19th. DA Davidson dropped their price objective on shares of Sally Beauty from $13.00 to $10.50 and set a “neutral” rating on the stock in a report on Tuesday, February 18th. Canaccord Genuity Group started coverage on shares of Sally Beauty in a research note on Thursday, January 16th. They issued a “buy” rating and a $14.00 target price for the company. Finally, Morgan Stanley lowered their price target on Sally Beauty from $12.00 to $10.00 and set an “underweight” rating on the stock in a research note on Tuesday, January 21st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat, Sally Beauty currently has an average rating of “Hold” and an average price target of $12.70.

Sally Beauty Stock Performance

NYSE:SBH opened at $8.85 on Friday. The firm has a market capitalization of $901.78 million, a PE ratio of 5.30 and a beta of 1.54. The company has a quick ratio of 0.44, a current ratio of 2.27 and a debt-to-equity ratio of 1.43. Sally Beauty Holdings, Inc. has a 12-month low of $8.25 and a 12-month high of $14.79. The firm has a 50-day moving average price of $9.64 and a 200 day moving average price of $11.55.

Sally Beauty (NYSE:SBH) last posted its earnings results on Thursday, February 13th. The specialty retailer reported $0.43 EPS for the quarter, hitting the consensus estimate of $0.43. Sally Beauty had a return on equity of 30.35% and a net margin of 4.73%. The business had revenue of $937.90 million during the quarter, compared to the consensus estimate of $941.44 million. Research analysts anticipate that Sally Beauty Holdings, Inc. will post 1.81 earnings per share for the current fiscal year.

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.