Sally Beauty Holdings, Inc. (NYSE:SBH) Shares Acquired by Nisa Investment Advisors LLC


Nisa Investment Advisors LLC increased its holdings in Sally Beauty Holdings, Inc. (NYSE:SBHGet Rating) by 17.3% during the 1st quarter, HoldingsChannel reports. The fund owned 6,100 shares of the specialty retailer’s stock after acquiring an additional 900 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Sally Beauty were worth $95,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Counterpoint Mutual Funds LLC acquired a new position in shares of Sally Beauty in the first quarter worth about $66,000. National Bank of Canada FI acquired a new stake in Sally Beauty during the fourth quarter valued at approximately $126,000. Point72 Hong Kong Ltd acquired a new stake in Sally Beauty during the fourth quarter valued at approximately $165,000. Gotham Asset Management LLC acquired a new stake in Sally Beauty during the fourth quarter valued at approximately $254,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Sally Beauty by 23.1% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,230 shares of the specialty retailer’s stock valued at $281,000 after buying an additional 2,857 shares in the last quarter.

Analyst Upgrades and Downgrades

SBH has been the topic of several research reports. Morgan Stanley cut Sally Beauty from an “equal weight” rating to an “underweight” rating and cut their price objective for the company from $19.00 to $12.00 in a research note on Thursday, June 16th. Cowen cut their price objective on Sally Beauty from $30.00 to $20.00 in a research note on Friday, May 6th. Cowen lowered their target price on Sally Beauty from $30.00 to $20.00 in a report on Friday, May 6th. Oppenheimer lowered Sally Beauty from an “outperform” rating to a “market perform” rating in a report on Thursday,

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Sally Beauty Holdings, Inc. (NYSE:SBH) Shares Purchased by Comerica Bank


Comerica Bank increased its position in Sally Beauty Holdings, Inc. (NYSE:SBHGet Rating) by 0.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 97,759 shares of the specialty retailer’s stock after acquiring an additional 785 shares during the period. Comerica Bank’s holdings in Sally Beauty were worth $1,590,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SBH. Counterpoint Mutual Funds LLC acquired a new position in shares of Sally Beauty in the first quarter valued at about $66,000. Nisa Investment Advisors LLC purchased a new position in Sally Beauty during the 4th quarter worth approximately $89,000. National Bank of Canada FI acquired a new stake in Sally Beauty during the 4th quarter valued at approximately $126,000. Point72 Hong Kong Ltd purchased a new stake in shares of Sally Beauty in the 4th quarter valued at $165,000. Finally, Inspire Investing LLC acquired a new stake in shares of Sally Beauty in the first quarter worth $239,000.

Sally Beauty Stock Up 0.4 %

Shares of SBH opened at $13.69 on Tuesday. The firm has a market cap of $1.46 billion, a P/E ratio of 6.03 and a beta of 1.41. Sally Beauty Holdings, Inc. has a 12 month low of $11.28 and a 12 month high of $22.85. The stock’s 50 day moving average is $13.30 and its two-hundred day moving average is $15.46. The company has a current ratio of 2.27, a quick ratio of 0.59 and a debt-to-equity ratio of 5.08.

Sally Beauty (NYSE:SBHGet Rating) last released its quarterly earnings results on Thursday, May 5th. The specialty

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