Sally Beauty Holdings, Inc. (NYSE:SBH) Shares Purchased by Jump Financial LLC

Jump Financial LLC increased its position in shares of Sally Beauty Holdings, Inc. (NYSE:SBH - Free Report) by 616.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 146,918 shares of the specialty retailer's stock after acquiring an additional 126,418 shares during the quarter. Jump Financial LLC owned approximately 0.14% of Sally Beauty worth $1,535,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Sally Beauty by 2.3% in the 4th quarter. Vanguard Group Inc. now owns 12,428,715 shares of the specialty retailer's stock valued at $129,880,000 after purchasing an additional 279,222 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of Sally Beauty by 4.5% during the 4th quarter. Victory Capital Management Inc. now owns 3,671,306 shares of the specialty retailer's stock valued at $38,365,000 after buying an additional 156,580 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of Sally Beauty by 2.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,605,586 shares of the specialty retailer's stock valued at $27,228,000 after buying an additional 59,478 shares during the period. Geode Capital Management LLC lifted its holdings in Sally Beauty by 1.8% in the third quarter. Geode Capital Management LLC now owns 2,415,875 shares of the specialty retailer's stock valued at $32,790,000 after acquiring an additional 43,016 shares during the last quarter. Finally, Invesco Ltd. grew its position in Sally Beauty by 102.1% in the fourth quarter. Invesco Ltd. now owns 1,418,465 shares of the specialty retailer's stock worth $14,823,000 after acquiring an additional 716,613 shares during the period.

Sally Beauty Stock Down 2.0 %

Sally Beauty stock traded down $0.17 during trading on Wednesday, reaching $7.93. The stock had a trading volume of 2,425,922 shares, compared to its average volume of 1,750,143. Sally Beauty Holdings, Inc. has a 52-week low of $7.54 and a 52-week high of $14.79. The business has a 50 day moving average price of $8.79 and a 200 day moving average price of $10.92. 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 has a market cap of $807.99 million, a PE ratio of 4.75 and a beta of 1.35.

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

Analyst Ratings Changes

Several equities analysts have recently commented on the company. DA Davidson decreased their price target on Sally Beauty from $13.00 to $10.50 and set a "neutral" rating on the stock in a research note on Tuesday, February 18th. Morgan Stanley decreased their target price on shares of Sally Beauty from $12.00 to $10.00 and set an "underweight" rating on the stock in a research report on Tuesday, January 21st. StockNews.com raised shares of Sally Beauty from a "hold" rating to a "buy" rating in a research note on Wednesday, February 19th. Finally, Canaccord Genuity Group started coverage on shares of Sally Beauty in a research note on Thursday, January 16th. They issued a "buy" rating and a $14.00 price target on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $12.70.

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.