State of New Jersey Common Pension Fund D Increases Stock Position in Sally Beauty Holdings, Inc. (NYSE:SBH)


State of New Jersey Common Pension Fund D raised its holdings in Sally Beauty Holdings, Inc. (NYSE:SBHGet Rating) by 7.0% during the first quarter, Holdings Channel.com reports. The firm owned 146,674 shares of the specialty retailer’s stock after purchasing an additional 9,534 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Sally Beauty were worth $2,293,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Fisher Asset Management LLC boosted its stake in shares of Sally Beauty by 97.2% during the 4th quarter. Fisher Asset Management LLC now owns 3,629,631 shares of the specialty retailer’s stock worth $67,003,000 after acquiring an additional 1,789,399 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of Sally Beauty by 50.3% during the 4th quarter. Renaissance Technologies LLC now owns 467,100 shares of the specialty retailer’s stock worth $8,623,000 after acquiring an additional 156,384 shares in the last quarter. Pacer Advisors Inc. boosted its stake in shares of Sally Beauty by 27.9% during the 1st quarter. Pacer Advisors Inc. now owns 566,542 shares of the specialty retailer’s stock worth $8,855,000 after acquiring an additional 123,636 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Sally Beauty by 6.0% during the 4th quarter. Geode Capital Management LLC now owns 1,956,629 shares of the specialty retailer’s stock worth $36,119,000 after acquiring an additional 111,357 shares in the last quarter. Finally, Schroder Investment Management Group purchased a new stake in shares of Sally Beauty during the 4th quarter worth approximately $1,971,000.

Sally Beauty Trading Up 0.9 %

Shares of SBH opened at $13.85 on Thursday. The stock has

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Sally Beauty (NYSE:SBH) Rating Lowered to Hold at StockNews.com


Sally Beauty (NYSE:SBHGet Rating) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Friday.

Other equities analysts have also recently issued reports about the company. Cowen reduced their target price on Sally Beauty from $30.00 to $20.00 in a research note on Friday, May 6th. TheStreet cut Sally Beauty from a “b-” rating to a “c+” rating in a research note on Thursday, June 23rd. Oppenheimer cut Sally Beauty from an “outperform” rating to a “market perform” rating in a research note on Thursday, May 5th. Morgan Stanley lowered Sally Beauty from an “equal weight” rating to an “underweight” rating and dropped their price target for the company from $19.00 to $12.00 in a research report on Thursday, June 16th. Finally, Raymond James lowered Sally Beauty from a “market perform” rating to an “underperform” rating in a research report on Wednesday, June 29th. Two analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $18.70.

Sally Beauty Trading Up 1.0 %

NYSE SBH opened at $13.74 on Friday. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.60 and a quick ratio of 0.59. Sally Beauty has a 12 month low of $11.28 and a 12 month high of $21.86. The company has a market cap of $1.47 billion, a P/E ratio of 6.74 and a beta of 1.38. The company has a 50-day moving average of $13.19 and a 200-day moving average of $15.18.

Sally Beauty (NYSE:SBHGet Rating) last released its quarterly earnings results on Thursday, August 4th. The

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