Economia

BlackRock Inc. Boosts Position in Sally Beauty Holdings, Inc. (NYSE:SBH)

BlackRock Inc. Boosts Position in Sally Beauty Holdings, Inc. (NYSE:SBH)

Zacks Investment Research upgraded Sally Beauty Holdings from a "sell" rating to a "hold" rating in a research note on Wednesday.

Sell-side analysts also have something to say about this SBH.

02/06/2017 - Sally Beauty Holdings, Inc. had its " rating reiterated by analysts at B. Riley.

Following U.S. election volatility some analysts have updated their recommended target prices on shares of Sally Beauty Holdings, Inc. Sally Beauty Holdings, Inc. has 1 buy ratings, 10 holds and 0 sells even after the stock tumbled -36.41% from its high of $30.73 to a $2.72 billion market value through last close. They issued a "hold" rating on the stock. As per Tuesday, February 21, the company rating was upgraded by RBC Capital Markets. They set a "neutral" rating and a $23.00 target price for the company.

Sally Beauty Holdings (NYSE:SBH) traded up 0.26% on Friday, reaching $19.59. 1,242,726 shares of the company were exchanged. They now have a United States dollars 26 price target on the stock. (NYSE:SBH), its shares were trading at $19.54 a gain of $0.39, on the trading floor.

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 net margin of 5.92% and a negative return on equity of 84.81%. The firm had revenue of $966.50 million for the quarter, compared to analyst estimates of $986.09 million. During the same period in the previous year, the company earned $0.41 earnings per share. The business's revenue for the quarter was down 1.4% compared to the same quarter past year.

04/24/2017 - Sally Beauty Holdings, Inc. was downgraded to "sector weight" by analysts at KeyBanc. "(NYSE:SBH) Upgraded at BidaskClub" was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this article on another website, it was illegally stolen and republished in violation of US & global copyright legislation.

Sally Beauty Holdings, Inc is an global specialty retailer and distributor of professional beauty supplies with operations primarily in North America, South America and Europe.

In related news, Director John A. Miller acquired 20,000 shares of the firm's stock in a transaction dated Friday, June 2nd. The shares were purchased at an average cost of $18.03 per share, for a total transaction of $99,165.00. Following the completion of the transaction, the senior vice president now directly owns 6,999 shares in the company, valued at approximately $139,980. The purchase was disclosed in a filing with the SEC, which is available at this link. (NYSE:SBH) stock went up with a prior 52-week high of $30.73.During the session shares traded on below-average volume. Following the completion of the transaction, the chief executive officer now directly owns 143,043 shares in the company, valued at $2,561,900.13. The disclosure for this purchase can be found here. Insiders have acquired a total of 61,750 shares of company stock valued at $1,130,860 in the last quarter.

Several hedge funds have recently modified their holdings of SBH. The Timucuan Asset Management Inc holds 1.48M shares with $39.08 million value, up from 1.46M last 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. As of quarter end Proficio Capital Partners LLC had bought a total of 711 shares growing its holdings by 467.8%. Company insiders own 0.97% of the company's stock. Ladenburg Thalmann Financial Services Inc. raised its position in shares of Sally Beauty Holdings by 0.3% in the fourth quarter. The firm owned 11,424,731 shares of the specialty retailer's stock after buying an additional 11,339,645 shares during the period. Glen Harbor Capital Management LLC raised its position 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 worth $152,000 after buying an additional 784 shares during the last quarter. Sally Beauty Holdings earned a daily sentiment score of 0.10 on Accern's scale. 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 last quarter.

08/05/2016 - Sally Beauty Holdings, Inc. had its "outperform" rating reiterated by analysts at Robert W. Baird. Sally Beauty Supply is a domestic and global chain of cash and carry retail stores, which offers professional beauty supplies to both salon professionals and retail clients primarily in North America, Puerto Rico, and parts of Europe and South America.