TIAA CREF Investment Management LLC Has $5.07 Million Position in Sally Beauty Holdings (SBH)

TIAA CREF Investment Management LLC trimmed its holdings in Sally Beauty Holdings (NYSE:SBH) by 9.4% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 270,061 shares of the specialty retailer’s stock after selling 27,966 shares during the period. TIAA CREF Investment Management LLC owned approximately 0.22% of Sally Beauty worth $5,066,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Teachers Advisors LLC lifted its stake in Sally Beauty by 5.0% during the fourth quarter. Teachers Advisors LLC now owns 159,567 shares of the specialty retailer’s stock worth $2,993,000 after purchasing an additional 7,602 shares in the last quarter. Sapience Investments LLC lifted its stake in Sally Beauty by 20.5% during the fourth quarter. Sapience Investments LLC now owns 747,990 shares of the specialty retailer’s stock worth $14,032,000 after purchasing an additional 127,000 shares in the last quarter. Stone Ridge Asset Management LLC acquired a new position in Sally Beauty during the fourth quarter worth $1,803,000. Guggenheim Capital LLC lifted its stake in Sally Beauty by 27.0% during the fourth quarter. Guggenheim Capital LLC now owns 25,275 shares of the specialty retailer’s stock worth $476,000 after purchasing an additional 5,371 shares in the last quarter. Finally, Deutsche Bank AG raised its stake in shares of Sally Beauty by 12.4% in the fourth quarter. Deutsche Bank AG now owns 211,566 shares of the specialty retailer’s stock valued at $3,966,000 after acquiring an additional 23,364 shares in the last quarter.

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Sally Beauty stock opened at $16.79 on Thursday. Sally Beauty Holdings has a 1-year low of $14.05 and a 1-year high of $21.36. The company has a debt-to-equity ratio of -5.17, a quick ratio of 0.38 and a current ratio of 1.97. The firm has a market capitalization of $2,037.92, a price-to-earnings ratio of 9.33, a price-to-earnings-growth ratio of 1.00 and a beta of 0.34.



Sally Beauty (NYSE:SBH) last posted its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $0.68 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.42 by $0.26. Sally Beauty had a negative return on equity of 72.22% and a net margin of 6.17%. The company had revenue of $994.96 million for the quarter, compared to analysts’ expectations of $990.18 million. During the same period last year, the firm earned $0.39 earnings per share. Sally Beauty’s quarterly revenue was down .5% on a year-over-year basis. analysts anticipate that Sally Beauty Holdings will post 2.38 earnings per share for the current fiscal year.

Several analysts have recently issued reports on SBH shares. Robert W. Baird set a $21.00 price objective on Sally Beauty and gave the company a “buy” rating in a research note on Friday, December 22nd. ValuEngine cut Sally Beauty from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Zacks Investment Research upgraded Sally Beauty from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a research note on Wednesday, January 17th. Oppenheimer reiterated a “hold” rating on shares of Sally Beauty in a research note on Wednesday, January 31st. Finally, Buckingham Research reduced their price objective on Sally Beauty from $18.00 to $15.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 6th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $17.50.

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Sally Beauty Profile

Sally Beauty Holdings, Inc, together with its subsidiaries, 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, skin and nail care, beauty sundries, and styling tools for retail customers and salon professionals.

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

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