Yousif Capital Management LLC Sells 1,331 Shares of Sally Beauty Holdings, Inc. (NYSE:SBH)

Yousif Capital Management LLC trimmed its position in Sally Beauty Holdings, Inc. (NYSE:SBH) by 3.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,837 shares of the specialty retailer’s stock after selling 1,331 shares during the quarter. Yousif Capital Management LLC’s holdings in Sally Beauty were worth $406,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of SBH. Quarry LP increased its position in shares of Sally Beauty by 369.3% in the 3rd quarter. Quarry LP now owns 2,980 shares of the specialty retailer’s stock valued at $40,000 after buying an additional 2,345 shares in the last quarter. R Squared Ltd acquired a new stake in shares of Sally Beauty in the 4th quarter valued at approximately $56,000. KBC Group NV lifted its position in shares of Sally Beauty by 89.0% in the fourth quarter. KBC Group NV now owns 5,871 shares of the specialty retailer’s stock valued at $61,000 after buying an additional 2,764 shares during the last quarter. Point72 DIFC Ltd bought a new stake in shares of Sally Beauty during the 3rd quarter worth about $64,000. Finally, nVerses Capital LLC acquired a new position in Sally Beauty in the 3rd quarter valued at $94,000.

Sally Beauty Trading Down 3.4 %

NYSE:SBH opened at $9.26 on Tuesday. The firm has a market cap of $943.51 million, a price-to-earnings ratio of 6.43 and a beta of 1.55. Sally Beauty Holdings, Inc. has a 52 week low of $9.06 and a 52 week high of $14.79. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.45 and a current ratio of 2.20. The firm has a 50-day moving average price of $10.97 and a two-hundred day moving average price of $12.14.

Sally Beauty (NYSE:SBH) last posted its quarterly earnings results on Thursday, February 13th. The specialty retailer reported $0.43 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.43. The company had revenue of $937.90 million for the quarter, compared to analyst estimates of $941.44 million. Sally Beauty had a net margin of 4.13% and a return on equity of 31.37%. On average, equities analysts expect that Sally Beauty Holdings, Inc. will post 1.84 earnings per share for the current fiscal year.

Analyst Ratings Changes

SBH has been the subject of several recent research reports. Canaccord Genuity Group started coverage on Sally Beauty in a research note on Thursday, January 16th. They issued a “buy” rating and a $14.00 price target for the company. TD Cowen upgraded Sally Beauty from a “hold” rating to a “buy” rating and increased their target price for the company from $14.00 to $16.00 in a research report on Monday, November 25th. DA Davidson raised their price objective on Sally Beauty from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Friday, November 15th. StockNews.com cut Sally Beauty from a “buy” rating to a “hold” rating in a research note on Tuesday, February 11th. Finally, Morgan Stanley reduced their target price on Sally Beauty from $12.00 to $10.00 and set an “underweight” rating for the company in a research note on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, Sally Beauty presently has an average rating of “Hold” and an average price target of $13.20.

Insiders Place Their Bets

In other Sally Beauty news, insider Scott C. Sherman sold 13,500 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $14.49, for a total transaction of $195,615.00. Following the completion of the sale, the insider now directly owns 42,431 shares in the company, valued at $614,825.19. This represents a 24.14 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Kim Mcintosh sold 4,300 shares of Sally Beauty stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $14.53, for a total value of $62,479.00. Following the completion of the transaction, the chief accounting officer now directly owns 16,685 shares in the company, valued at $242,433.05. This trade represents a 20.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.56% of the company’s stock.

Sally Beauty Company Profile

Sally Beauty Holdings, Inc operates as a specialty retailer and distributor of professional beauty supplies. The company operates through two segments, Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment offers beauty products, including hair color and care products, skin and nail care products, styling tools, and other beauty products for retail customers, salons, and salon professionals.