Blair William & Co. IL continued to hold its stake in shares of Sally Beauty Holdings, Inc. (NYSE:SBH) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 40,515 shares of the specialty retailer’s stock at the end of the second quarter. Blair William & Co. IL’s holdings in Sally Beauty Holdings were worth $820,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. US Bancorp DE increased its stake in shares of Sally Beauty Holdings by 227.6% in the second quarter. US Bancorp DE now owns 5,100 shares of the specialty retailer’s stock valued at $103,000 after buying an additional 3,543 shares during the period. Meadow Creek Investment Management LLC increased its stake in shares of Sally Beauty Holdings by 11.8% in the first quarter. Meadow Creek Investment Management LLC now owns 5,852 shares of the specialty retailer’s stock valued at $120,000 after buying an additional 616 shares during the period. Glen Harbor Capital Management LLC increased its stake in shares of Sally Beauty Holdings by 11.8% in the first quarter. Glen Harbor Capital Management LLC now owns 7,448 shares of the specialty retailer’s stock valued at $152,000 after buying an additional 784 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of Sally Beauty Holdings by 37.7% in the first quarter. PNC Financial Services Group Inc. now owns 7,763 shares of the specialty retailer’s stock valued at $158,000 after buying an additional 2,125 shares during the period. Finally, Elkfork Partners LLC increased its stake in shares of Sally Beauty Holdings by 11.8% in the first quarter. Elkfork Partners LLC now owns 9,044 shares of the specialty retailer’s stock valued at $185,000 after buying an additional 952 shares during the period.

Shares of Sally Beauty Holdings, Inc. (NYSE:SBH) opened at 18.57 on Thursday. The firm’s 50-day moving average is $19.63 and its 200 day moving average is $19.99. Sally Beauty Holdings, Inc. has a 12 month low of $17.26 and a 12 month high of $30.17. The firm has a market capitalization of $2.46 billion, a P/E ratio of 11.34 and a beta of 0.65.

Sally Beauty Holdings (NYSE:SBH) last issued its quarterly earnings results on Thursday, August 3rd. The specialty retailer reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.03. Sally Beauty Holdings had a net margin of 5.89% and a negative return on equity of 80.60%. The business had revenue of $998.04 million for the quarter, compared to the consensus estimate of $1 billion. During the same quarter in the previous year, the firm earned $0.47 earnings per share. The company’s revenue for the quarter was up .0% on a year-over-year basis. On average, equities research analysts anticipate that Sally Beauty Holdings, Inc. will post $1.82 EPS for the current year.

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Several equities research analysts recently issued reports on SBH shares. Robert W. Baird set a $26.00 target price on shares of Sally Beauty Holdings and gave the company a “buy” rating in a research note on Saturday, May 6th. DA Davidson reiterated a “buy” rating and issued a $23.00 target price on shares of Sally Beauty Holdings in a research note on Monday, July 24th. Zacks Investment Research upgraded shares of Sally Beauty Holdings from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research note on Tuesday, July 18th. BidaskClub upgraded shares of Sally Beauty Holdings from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Finally, ValuEngine downgraded shares of Sally Beauty Holdings from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $24.70.

In other news, Director John A. Miller purchased 20,000 shares of the stock in a transaction on Friday, June 2nd. The shares were acquired at an average price of $18.35 per share, with a total value of $367,000.00. Following the completion of the acquisition, the director now directly owns 39,802 shares of the company’s stock, valued at $730,366.70. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Christian A. Brickman purchased 10,000 shares of the stock in a transaction on Friday, August 18th. The shares were purchased at an average cost of $17.90 per share, for a total transaction of $179,000.00. Following the acquisition, the chief executive officer now directly owns 172,543 shares of the company’s stock, valued at $3,088,519.70. The disclosure for this purchase can be found here. Insiders have acquired 59,750 shares of company stock worth $1,072,720 in the last ninety days. Insiders own 0.97% of the company’s stock.

Sally Beauty Holdings Company Profile

Sally Beauty Holdings, Inc is an international specialty retailer and distributor of professional beauty supplies with operations primarily in North America, South America and Europe. The Company operates through two business segments: Sally Beauty Supply and Beauty Systems Group (BSG). Sally Beauty Supply is a domestic and international chain of cash and carry retail stores, which offers professional beauty supplies to both salon professionals and retail customers primarily in North America, Puerto Rico, and parts of Europe and South America.

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Institutional Ownership by Quarter for Sally Beauty Holdings (NYSE:SBH)

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