Sally Beauty Holdings, Inc. (NYSE:SBH) Shares Acquired by Hussman Strategic Advisors Inc.

Hussman Strategic Advisors Inc. boosted its holdings in shares of Sally Beauty Holdings, Inc. (NYSE:SBH - Free Report) by 25.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 210,000 shares of the specialty retailer's stock after purchasing an additional 42,000 shares during the quarter. Hussman Strategic Advisors Inc. owned approximately 0.21% of Sally Beauty worth $2,194,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Quarry LP increased its stake in shares of Sally Beauty by 369.3% in the third quarter. Quarry LP now owns 2,980 shares of the specialty retailer's stock worth $40,000 after buying an additional 2,345 shares during the last quarter. R Squared Ltd bought a new stake in shares of Sally Beauty in the 4th quarter worth about $56,000. KBC Group NV raised its stake in shares of Sally Beauty by 89.0% in the 4th quarter. KBC Group NV now owns 5,871 shares of the specialty retailer's stock valued at $61,000 after purchasing an additional 2,764 shares in the last quarter. Point72 DIFC Ltd acquired a new stake in shares of Sally Beauty in the 3rd quarter valued at about $64,000. Finally, EMC Capital Management lifted its position in shares of Sally Beauty by 105.5% during the fourth quarter. EMC Capital Management now owns 12,536 shares of the specialty retailer's stock worth $131,000 after purchasing an additional 6,436 shares during the last quarter.

Sally Beauty Stock Performance

SBH stock traded down $0.39 during mid-day trading on Friday, reaching $8.94. The company had a trading volume of 2,773,088 shares, compared to its average volume of 2,459,176. Sally Beauty Holdings, Inc. has a one year low of $8.88 and a one year high of $14.79. The stock has a market capitalization of $910.96 million, a P/E ratio of 5.35 and a beta of 1.55. The company has a quick ratio of 0.44, a current ratio of 2.27 and a debt-to-equity ratio of 1.43. The stock's 50-day simple moving average is $10.70 and its two-hundred day simple moving average is $12.09.

Sally Beauty (NYSE:SBH - Get Free Report) last posted its earnings results on Thursday, February 13th. The specialty retailer reported $0.43 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.43. Sally Beauty had a net margin of 4.73% and a return on equity of 30.35%. The firm had revenue of $937.90 million during the quarter, compared to analyst estimates of $941.44 million. Research analysts anticipate that Sally Beauty Holdings, Inc. will post 1.81 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have issued reports on SBH. Canaccord Genuity Group initiated coverage on Sally Beauty in a research note on Thursday, January 16th. They set a "buy" rating and a $14.00 price objective on the stock. Raymond James upgraded Sally Beauty from an "underperform" rating to a "market perform" rating in a research note on Friday, November 15th. DA Davidson decreased their price objective on shares of Sally Beauty from $13.00 to $10.50 and set a "neutral" rating for the company in a report on Tuesday. Morgan Stanley dropped their target price on shares of Sally Beauty from $12.00 to $10.00 and set an "underweight" rating on the stock in a report on Tuesday, January 21st. Finally, TD Cowen raised shares of Sally Beauty from a "hold" rating to a "buy" rating and lifted their price target for the company from $14.00 to $16.00 in a report on Monday, November 25th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Sally Beauty has an average rating of "Hold" and a consensus target price of $12.70.

Insider Transactions at Sally Beauty

In related news, CAO Kim Mcintosh sold 4,300 shares of the company's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $14.53, for a total value of $62,479.00. Following the completion of the sale, the chief accounting officer now owns 16,685 shares of the company's stock, valued at $242,433.05. This represents a 20.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Scott C. Sherman sold 13,500 shares of the firm'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 transaction, the insider now directly owns 42,431 shares in the company, valued at approximately $614,825.19. The trade was a 24.14 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.56% of the company's stock.

Sally Beauty 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.