By historical standards, Sally Beauty Holdings, Inc. (NYSE:SBH) by 85.7% during the first quarter, according to its most recent Form 13F filing with the SEC. Capstone Asset Management Co. now owns 12,591 shares of the specialty retailer's stock valued at $257,000 after buying an additional 50 shares during the last quarter.
Sally Beauty Holdings, Inc.is an worldwide specialty retailer and distributor of professional beauty supplies with operations primarily in North America, South America and Europe.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Schroder Investment Management Group increased its position in Sally Beauty Holdings by 426.8% in the first quarter. The stock increased 0.47% or $0.09 during the last trading session, reaching $19.15. Renaissance Technologies LLC purchased a new stake in shares of Sally Beauty Holdings during the first quarter valued at $11,336,000. Kayne Anderson Rudnick Investment Management LLC raised its position in shares of Sally Beauty Holdings by 40.2% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 5,274 shares of the specialty retailer's stock worth $136,000 after buying an additional 14 shares during the last quarter. First Quadrant L P CA bought a new position in shares of Sally Beauty Holdings during the first quarter worth $11,551,000. 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.
COPYRIGHT VIOLATION NOTICE: "Sally Beauty Holdings, Inc".
Sally Beauty Holdings (NYSE:SBH) last released its quarterly earnings results on Thursday, May 4th. To generate pharmacogenomic information from patient specimens for these tests, the Company uses its own methods for the extraction and analysis of nucleic acids and accessing the genetic information available from each patient sample. The firm has a market capitalization of $2.72 billion, a PE ratio of 12.15 and a beta of 0.66. Over the last five days, shares have managed 14.96% gains and now is up 22.45% since hitting its 200-day moving average of $6.23.
02/05/2016 - Sally Beauty Holdings, Inc. had its "neutral" rating reiterated by analysts at Nomura.
Last time, the company shocked Wall Street by reporting EPS of $0.44, smashing the consensus of $0.41 per share. Sally Beauty Holdings had a negative return on equity of 84.81% and a net margin of 5.92%. The firm had revenue of $966.50 million during the quarter, compared to analyst estimates of $986.09 million. Nonetheless, from here on out, earnings per share forecasts for the current quarter are $0.49. The firm's revenue was down 1.4% on a year-over-year basis. In the latest earnings report the EPS was $1.61 and is estimated to be $1.76 for the current year with 138,593,000 shares now outstanding. If you are viewing this piece on another website, it was copied illegally and republished in violation of United States and worldwide trademark & copyright law.
SBH has been the subject of a number of analyst reports. Zacks Investment Research lowered shares of Sally Beauty Holdings from a "hold" rating to a "sell" rating in a research report on Wednesday, April 5th. ValuEngine downgraded shares of Sally Beauty Holdings from a "buy" rating to a "hold" rating in a research note on Friday, June 2nd. Finally, Jefferies Group LLC began coverage on shares of Sally Beauty Holdings in a research note on Friday, June 2nd. Sally Beauty Holdings now has a consensus rating of "Hold" and an average target price of $26.33. Sally Beauty Holdings had 30 analyst reports since August 5, 2015 according to SRatingsIntel. KeyBanc Capital Markets upgraded the shares of NVDA in report on Tuesday, June 20 to "Hold" rating.
September 30 investment analysts at Piper Jaffray kept the company rating at "Neutral" but lowered the price target to $27.00 from $31.00.
Among 41 analysts covering Nvidia Corporation (NASDAQ:NVDA), 21 have Buy rating, 4 Sell and 16 Hold.
A price target is the projected price level of a financial security stated by an investment analyst.
In other news, CEO Christian A. Brickman bought 10,000 shares of the company's stock in a transaction that occurred on Tuesday, May 23rd. Volume was up 24.14% over the stocks average daily volume. Following the acquisition, the chief executive officer now directly owns 142,543 shares in the company, valued at $2,833,754.84. The shares were purchased at an average cost of $18.03 per share, for a total transaction of $99,165.00. Following the transaction, the senior vice president now directly owns 6,999 shares of the company's stock, valued at $139,980. John A. Miller, Director disclosed the purchase of 20,000 shares of SBH stock.