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By JILL COLVIN NEW YORK (AP) — President-elect Donald Trump wants to turn the lights out on daylight saving time. In a post on his social media site Friday, Trump said his party would try to end the practice when he returns to office. “The Republican Party will use its best efforts to eliminate Daylight Saving Time, which has a small but strong constituency, but shouldn’t! Daylight Saving Time is inconvenient, and very costly to our Nation,” he wrote. Setting clocks forward one hour in the spring and back an hour in the fall is intended to maximize daylight during summer months, but has long been subject to scrutiny. Daylight saving time was first adopted as a wartime measure in 1942. Lawmakers have occasionally proposed getting rid of the time change altogether. The most prominent recent attempt, a now-stalled bipartisan bill named the Sunshine Protection Act , had proposed making daylight saving time permanent. The measure was sponsored by Florida Sen. Marco Rubio , whom Trump has tapped to helm the State Department. Related Articles National Politics | Ruling by a conservative Supreme Court could help blue states resist Trump policies National Politics | A nonprofit leader, a social worker: Here are the stories of the people on Biden’s clemency list National Politics | Nancy Pelosi hospitalized after she ‘sustained an injury’ on official trip to Luxembourg National Politics | Veteran Daniel Penny, acquitted in NYC subway chokehold, will join Trump’s suite at football game National Politics | About 3 in 10 are highly confident in Trump on Cabinet, spending or military oversight: AP-NORC poll “Changing the clock twice a year is outdated and unnecessary,” Republican Sen. Rick Scott of Florida said as the Senate voted in favor of the measure. Health experts have said that lawmakers have it backward and that standard time should be made permanent. Some health groups , including the American Medical Association and American Academy of Sleep Medicine, have said that it’s time to do away with time switches and that sticking with standard time aligns better with the sun — and human biology. Most countries do not observe daylight saving time. For those that do, the date that clocks are changed varies, creating a complicated tapestry of changing time differences. Arizona and Hawaii don’t change their clocks at all.Duke of York ‘ceased all contact’ with spy-accused man after concerns raised
PNC Financial Services Group Inc. trimmed its stake in shares of The Estée Lauder Companies Inc. ( NYSE:EL – Free Report ) by 22.9% during the third quarter, Holdings Channel reports. The firm owned 67,310 shares of the company’s stock after selling 19,938 shares during the period. PNC Financial Services Group Inc.’s holdings in Estée Lauder Companies were worth $6,710,000 as of its most recent filing with the Securities and Exchange Commission. Several other hedge funds have also made changes to their positions in the stock. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in Estée Lauder Companies in the 3rd quarter valued at about $1,989,000. Prospera Financial Services Inc raised its holdings in shares of Estée Lauder Companies by 12.7% during the third quarter. Prospera Financial Services Inc now owns 2,992 shares of the company’s stock valued at $299,000 after buying an additional 338 shares during the last quarter. Zevin Asset Management LLC boosted its position in shares of Estée Lauder Companies by 9.1% during the third quarter. Zevin Asset Management LLC now owns 80,034 shares of the company’s stock worth $7,979,000 after buying an additional 6,676 shares during the period. Swiss National Bank grew its holdings in Estée Lauder Companies by 0.3% in the 3rd quarter. Swiss National Bank now owns 691,600 shares of the company’s stock worth $68,946,000 after buying an additional 1,900 shares in the last quarter. Finally, S&CO Inc. increased its position in Estée Lauder Companies by 71.2% in the 3rd quarter. S&CO Inc. now owns 58,689 shares of the company’s stock valued at $5,850,000 after acquiring an additional 24,414 shares during the period. Institutional investors own 55.15% of the company’s stock. Estée Lauder Companies Stock Up 4.6 % Shares of NYSE:EL opened at $69.93 on Friday. The Estée Lauder Companies Inc. has a 52 week low of $62.29 and a 52 week high of $159.75. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.90 and a current ratio of 1.32. The company has a market cap of $25.10 billion, a PE ratio of 124.88, a price-to-earnings-growth ratio of 4.04 and a beta of 1.05. The firm has a 50 day simple moving average of $82.78 and a 200 day simple moving average of $98.26. Estée Lauder Companies Cuts Dividend The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date is Friday, November 29th. Estée Lauder Companies’s dividend payout ratio (DPR) is 471.43%. Wall Street Analyst Weigh In A number of brokerages have recently commented on EL. Wells Fargo & Company lowered Estée Lauder Companies from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $105.00 to $72.00 in a report on Thursday, October 31st. StockNews.com downgraded shares of Estée Lauder Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. JPMorgan Chase & Co. cut shares of Estée Lauder Companies from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from $113.00 to $74.00 in a report on Friday, November 1st. B. Riley cut their target price on Estée Lauder Companies from $95.00 to $70.00 and set a “neutral” rating for the company in a research report on Monday, November 4th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on Estée Lauder Companies from $98.00 to $75.00 and set a “hold” rating on the stock in a research report on Monday, November 4th. Nineteen analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Estée Lauder Companies presently has a consensus rating of “Hold” and an average target price of $98.57. View Our Latest Stock Analysis on EL Insider Buying and Selling In other news, Director Charlene Barshefsky sold 3,437 shares of Estée Lauder Companies stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $91.93, for a total transaction of $315,963.41. Following the completion of the sale, the director now directly owns 49,800 shares in the company, valued at $4,578,114. The trade was a 6.46 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link . Also, Director Paul J. Fribourg purchased 77,500 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was purchased at an average cost of $64.01 per share, with a total value of $4,960,775.00. Following the purchase, the director now owns 234,500 shares in the company, valued at $15,010,345. This represents a 49.36 % increase in their position. The disclosure for this purchase can be found here . 12.78% of the stock is currently owned by corporate insiders. About Estée Lauder Companies ( Free Report ) The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, and powders, as well as compacts, brushes, and other makeup tools. Recommended Stories Want to see what other hedge funds are holding EL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Estée Lauder Companies Inc. ( NYSE:EL – Free Report ). Receive News & Ratings for Estée Lauder Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Estée Lauder Companies and related companies with MarketBeat.com's FREE daily email newsletter .
J Studios Written by Nick Ackerman Blackstone Secured Lending Fund ( NYSE: BXSL ) continues to perform well and is one of the stronger business development companies ("BDC") available to investors. Despite being externally managed rather than the friendlier internally managed structures, this BDC has Interested in more income ideas? Check out Cash Builder Opportunities , where we provide ideas about high-quality and reliable dividend growth ideas. These investments are designed to build growing income for investors. A special focus on investments that are leaders within their industry to provide stability and long-term wealth creation. Along with this, the service provides ideas for writing options to build investors' income even further. Join us today to have access to our portfolio, watchlist and live chat. Members get the first look at all publications and even exclusive articles not posted elsewhere. Cash Builder Opportunities (aka Nick Ackerman) is a former fiduciary and a registered financial advisor with 14 years of investing experience. He is the leader of the investing group Cash Builder Opportunities , where his specific focus is on closed-end funds, dividend growth stocks, and option writing as an attractive way to achieve income. He shares model portfolios and research to help investors make better decisions, via his Investing Group’s active chat room. Analyst’s Disclosure: I/we have a beneficial long position in the shares of BXSL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
FLYHT Receives Final Order Approval for the Arrangement
Former Governor of the Reserve Bank of India (RBI) D. Subbarao on Friday advocated that there should be a ceiling on levying of cesses and the surcharges by the Union government. He also advocated that the Central government government must consult with States in the design of the Centrally-sponsored schemes (CSS). Delivering the 17th V. Sankar Aiyar Memorial Lecture on ‘Is India’s fiscal federalism loaded against States?’ organised by Southern India Regional Council of the Institute of Chartered Accountants of India here, Mr. Subbarao referred to an article by Tamil Nadu Chief Minister M.K. Stalin published in The Hindu recently. Former Union Minister Mani Shankar Aiyar introduced the speaker to the audience. While one of Mr. Stalin’s contentions was that the amount of cesses and surcharges was growing every year, the Central government’s case was that it had to be collected to fund local bodies and CSS, among others, he said. “But I believe there is a case for the Central government to exercise some restraint [and] put a ceiling on how much they can collect through cess and surcharge.” As for the CSS, Mr. Subbarao believed there was a case for the Centre to consult the States. For instance, in a case in which CSS supported bamboo weavers, many States said they did not have bamboo weavers but insisted that the fund be allotted to them to using to their needs. “So, I believe that there is an argument that the Central government must consult States in the design of the Central sponsored schemes. Secondly, they must have a menu of schemes from which the States can choose instead of saying that this is the thing I’m giving it to you.. Third, there is a need to periodically review the Centrally sponsored scheme,” he said. Commenting on what he called was ‘freebies’, Mr. Subbarao endorsed Union Finance Minister’s remarks on borrowing and he contended that borrowings should not be spent on ‘freebies’. “There is a need for the Central government to take the leadership on ‘freebies’ and develop a code of conduct for State governments and political parties,” he said. Pointing out there was no platform for the Centre and States to discuss, Mr. Subbarao said even NITI Aayog meetings were “stage-managed meetings in which nobody listens to anyone”. He underlined there was a need for a platform “where meetings are held in camera where the Centre and States discuss issues of national importance and governance in a dispassionate and apolitical manner.” The former RBI governor, however, contended that the terms of country’s fiscal federalism was in favour of States and further pointed out that there were several routes through which Central financial transfers were made to States. Besides the devolution, funds were being transferred to States through CSS, funding to local bodies, among others, he said. Presenting what he called was ‘The 60:40 Picture’, Mr. Subbarao said States collected 40% of the combined revenue but got to spend 60% of the combined expenditure, while the Centre collected 60% of the combined revenue but got to spend only 40% of the combined expenditure. Published - December 14, 2024 12:55 am IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp RedditAnge Postecoglou has said the squad still support his attacking philosophy and backed them to turn their season around after to on Sunday. Spurs were 2-0 up after 11 minutes through goals from and but were unable to halt Chelsea's stirring comeback as 's first-half strike and 's 61st-minute penalty levelled the scores. then put the away side in front before Palmer's second spot-kick of the evening settled the contest. Although scored a consolation goal in the sixth minute of added time, fans greeted the full-time whistle with boos and many had left even earlier after feeling resigned to Tottenham's seventh league defeat of the season. Postecoglou, who took charge at Tottenham in the summer of 2023 and guided them to fifth place in his first season, after Thursday's at and pressure is mounting on the 59-year-old with the club 11th in the table and now seven points off the top four. Tottenham have suffered a series of injury setbacks and lost to a quad injury after only 15 minutes before went off with illness and was only able to play 79 minutes following a hamstring problem. "It is a tough moment because there are all these tools you can possibly use as a manager when you are going through tough moments to turn things around and our limited resources from a playing perspective at the moment doesn't allow us to do that so you have to find other ways," Postecoglou told a news conference. "It's not through a lack of effort. The players are constantly out there because we can't rotate. They are giving everything they can. It diminishes performances as well because they probably need a rest but we can't give them a rest. "I think it is something we need to tackle head on and keep pushing on. There is still plenty to play for us between now and January just to make sure we keep performing. "I still sense within this squad there is a real conviction in what we are doing and if we maintain that we will turn our season around and hopefully at some point we hit some smoother waters in terms of some of the things that are happening at the moment." Postecoglou also voiced his frustration at referee Anthony Taylor's decision not to punish Chelsea midfielder for a late tackle on in the 34th minute. VAR official Jarred Gillett deemed Caicedo had not used excessive force in the tackle but Postecoglou said: "I think it's kind of where we're at with the current state of football, where people are just frozen to make big decisions. I think referees don't want to make them because they'll go to VAR and VAR doesn't want to intervene, so you're kind of left in no man's land. "I just don't think, I have said it before, the technology has helped our game. I don't see how it helps because It means instead of one person being in control of a game and you accepting that, it almost feels like no one is in control because everybody is scared to make a decision to overturn somebody else. "Referees are scared to make decisions in case they get it wrong, VAR don't want to intervene and I get that because you don't want disruptions to the game. You just have to cop it."The President of Turkmenistan Held a Working Meeting via the Digital SystemSoftBank to Invest $100 Billion in AI and Infrastructure in US
Solis Mammography Announces Acquisition of Avestēe Women's Imaging Centers in San AntonioTrump says he can't guarantee tariffs won't raise prices, won't rule out revenge prosecutions( MENAFN - The Peninsula) Xinhua Rome: The Group of Seven (G7) leaders on Friday called for a peaceful transition in Syria following the recent fall of the Bashar al-Assad government. After a virtual meeting chaired by Italy's presidency, the G7 expressed hope that the end of the al-Assad Regime would open a peaceful and orderly transition through the definition of "an inclusive Political process." The group had already issued a statement the previous day, in which they called for respect for Syria's sovereignty, and reiterated their support for the UN Disengagement Observer Force monitoring the Golan Heights between Israel and Syria. "We ... lend our full support for an inclusive Syrian-led and Syrian-owned political transition process in the spirit of the principles of UN Security Council Resolution 2254," said the statement. Under the above framework, G7 is ready to favour a transition process that leads to "credible, inclusive, and non-sectarian governance that ensures respect for the rule of law, universal human rights, including women's rights, the protection of all Syrians, including religious and ethnic minorities, transparency and accountability." The G7 group comprises Canada, United States, United Kingdom, France, Germany, Italy, and Japan. The presidency rotates annually, and the Italian government serving in 2024 will hand over to the Canadian presidency by the end of the month. MENAFN13122024000063011010ID1108991942 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Kimco Realty Corp. stock underperforms Thursday when compared to competitors despite daily gains
Skyhawks Sports Announces 2024 Coach of the Year Winner and FinalistsNPC unveils survey to tackle child, maternal mortalityJosh Hubbard scored 25 points and Claudell Harris Jr. scored 21 on 6-of-9 shooting as Mississippi State escaped with a 91-84 win against Prairie View A&M on Sunday in Starkville, Miss. Prairie View A&M took a 65-64 lead with 10:38 remaining, but Hubbard and Harris Jr. each scored seven points to power the ensuing 14-1 run that put Mississippi State up for good. Hubbard punctuated the rally with a 3-pointer that made it 78-66 with 5:51 to play. The Bulldogs (8-1) stretched their lead to as many as 13 points in the closing minutes to notch their second straight win. Shawn Jones Jr. added 11 points for Mississippi State, while Michael Nwoko added 10 points and 10 rebounds. RJ Melendez also netted 10 points. The Panthers (1-8) were led by the trio of Nick Anderson (21 points) Tanahj Pettway (20) and Marcel Bryant (19). Pettway drilled 4 of 5 3-pointers and Bryant grabbed seven rebounds. Prairie View A&M got off to a hot start, opening up a 27-12 lead with 10:42 left in the first half. It was a surprising haymaker from the visitors, who entered the game winless in Division I play and faced a Bulldogs team that was ranked last week. Mississippi State eventually found its stride offensively, turning things around with a 32-17 run to tie the game at 44 entering halftime. The Bulldogs shot 50 percent from the field overall in the first half, but only made six of their 17 attempts from 3-point range (35.3 percent). Their defense remained an issue throughout the half, with the Panthers hitting 16 of their 27 shots (59.3 percent) and canning 5 of 8 3-pointers. Neither team led by more than five early in the second half until Mississippi State pulled away. The Bulldogs finished the game shooting 55.6 percent from the floor (30-of-54) and drilled 11 of 26 attempts (42.3 percent) from long range. They outrebounded Prairie View A&M 35-22 and outscored them 31-20 in bench points. The Panthers held a 34-32 advantage in points in the paint and shot 56.4 percent overall for the game, including 52.6 percent (10-of-19) on threes. --Field Level Media
By JILL COLVIN NEW YORK (AP) — President-elect Donald Trump wants to turn the lights out on daylight saving time. In a post on his social media site Friday, Trump said his party would try to end the practice when he returns to office. “The Republican Party will use its best efforts to eliminate Daylight Saving Time, which has a small but strong constituency, but shouldn’t! Daylight Saving Time is inconvenient, and very costly to our Nation,” he wrote. Setting clocks forward one hour in the spring and back an hour in the fall is intended to maximize daylight during summer months, but has long been subject to scrutiny. Daylight saving time was first adopted as a wartime measure in 1942. Lawmakers have occasionally proposed getting rid of the time change altogether. The most prominent recent attempt, a now-stalled bipartisan bill named the Sunshine Protection Act , had proposed making daylight saving time permanent. The measure was sponsored by Florida Sen. Marco Rubio , whom Trump has tapped to helm the State Department. Related Articles National Politics | Ruling by a conservative Supreme Court could help blue states resist Trump policies National Politics | A nonprofit leader, a social worker: Here are the stories of the people on Biden’s clemency list National Politics | Nancy Pelosi hospitalized after she ‘sustained an injury’ on official trip to Luxembourg National Politics | Veteran Daniel Penny, acquitted in NYC subway chokehold, will join Trump’s suite at football game National Politics | About 3 in 10 are highly confident in Trump on Cabinet, spending or military oversight: AP-NORC poll “Changing the clock twice a year is outdated and unnecessary,” Republican Sen. Rick Scott of Florida said as the Senate voted in favor of the measure. Health experts have said that lawmakers have it backward and that standard time should be made permanent. Some health groups , including the American Medical Association and American Academy of Sleep Medicine, have said that it’s time to do away with time switches and that sticking with standard time aligns better with the sun — and human biology. Most countries do not observe daylight saving time. For those that do, the date that clocks are changed varies, creating a complicated tapestry of changing time differences. Arizona and Hawaii don’t change their clocks at all.Zelenskyy fears Ukraine is ‘testing ground’ for Russian weapons amid rise in Shahed strikesWunderdogs Unveils Report on the Next Generation of Climate Tech Startups, in Collaboration with True Ventures, Wireframe Ventures, Planeteer Capital, Activate and Prelude VenturesArticle content BMW is putting waste to good use, with announcements that it’s sending its diesel-powered vehicles to German buyers with cooking-oil diesel in their tanks, and that its new pilot project will send battery waste directly back into battery production. The renewable diesel is called HVO 100, which stands for hydrotreated vegetable oil, along with 100% purity. It’s made from various waste oils, including used cooking oil; and while it’s been available in other European countries for several years, in Germany it was approved for sale in filling stations in May of 2024. The fuel doesn’t contain conventional biodiesel, and the oil must be considered sustainable, so there’s no palm oil in it. It has the potential for 90% reduced CO2 emissions compared to fossil-fuel diesel, and BMW said it’s better for cold starts and is resistant to microbial contamination, or “diesel plague,” a situation where microorganisms such as fungus or yeast can multiply and block the fuel system. Automakers ship vehicles from their factories with a minimum amount of fuel – usually just enough to get them on or off a transport truck or railway car and then to the dealership, which fills each vehicle as it’s sold. Because of this, BMW will only put five to eight litres of HV 100 in the tanks as vehicles leave the assembly line, starting in January 2025; but added that diesel engines in specific models made since March 2015 can use the fuel, which is available in public fuel stations. BMW uses a carrier service to ship parts about 40 km from a supplier to its plant in Munich several times a day, and since March of 2023, four of the trucks have used HV 100, with two more being added. The Munich-based automaker also announced that, along with joint-venture partner Encory, it is building a Cell Recycling Competence Centre (CRCC) for battery cells. This will use “direct” recycling, where battery cells and leftover material from battery cell production will be dismantled for their components. This material will then be directly used to make new battery cells in BMW’s pilot production. The CRCC represents an investment of about €10 million, with construction slated to begin in the second half of 2025. In conventional recycling, materials are removed from battery waste and reverted to their original state, using energy-intensive thermal or chemical processing. Instead, BMW plans to separate lithium, cobalt, graphite, manganese, nickel, and copper from the waste, and then introduce them directly into cell production in a process developed by BMW Group. The automaker estimates that once the process is implemented on a large scale at the CRCC, it will be able to recycle battery cell material “in the mid-double-digit tonne range” each year. The plant will also capture and save the electrical energy as the cells are discharged, and use it to operate the recycling system. Sign up for our newsletter Blind-Spot Monitor and follow our social channels on X , Tiktok and LinkedIn to stay up to date on the latest automotive news, reviews, car culture, and vehicle shopping advice.
Like many of you, I'm hooked on TCG Pocket, and with free cards it's only going to get harder to resist its temptation. The mobile game, which focuses on collecting and battling using the Pokemon Trading Card Game, has been racking up huge player numbers, and with a new event it's not showing any signs of slowing down just yet. The Fire Pokemon Mass Outbreak event will let players claim free Wonder Picks for a series of Fire-type Pokemon, meaning you can get some classic red-hued cards for nothing. Even if you do get a duplicate, it could come in handy when . Here's how it works. Come and join The Daily Star on , the social media site set up by ex-Twitter boss Jack Dorsey. It's now the new go-to place for content after a mass exodus of the Elon Musk-owned Twitter/X. Fear not, we're not leaving , but we are jumping on the bandwagon. So come find our new account on , and see us social better than the rest. You can also learn more about The Daily Star team in what Bluesky calls a . So what are you waiting for?! Let's For those who haven't played, Wonder Picks let you pick one of five cards at random to add to your collection. By giving them away for free you're almost guaranteed one new card. I say almost, because Shop Tickets and Pack and Wonder Hourglasses are included, too. The following can be found in the Mass Outbreak Wonder Pick lineup. Other Wonder Picks are rarer, and can offer the sought-after Arcanine EX, as well as cards like Moltres and Charizard. Thankfully, each time you Wonder Pick you'll get closer to earning additional rewards, although the objectives aren't retroactive - so even if you have Arcanine EX, you'll need to collect him again for the event. Good luck, trainers!B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Sally Beauty Holdings, Inc. ( NYSE:SBH – Free Report ) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 56,806 shares of the specialty retailer’s stock, valued at approximately $771,000. B. Metzler seel. Sohn & Co. Holding AG owned about 0.06% of Sally Beauty as of its most recent SEC filing. Several other hedge funds also recently modified their holdings of SBH. LMR Partners LLP acquired a new position in Sally Beauty during the 3rd quarter valued at $157,000. Empowered Funds LLC increased its holdings in shares of Sally Beauty by 5.4% during the 3rd quarter. Empowered Funds LLC now owns 332,400 shares of the specialty retailer’s stock worth $4,511,000 after purchasing an additional 16,884 shares during the period. Victory Capital Management Inc. raised its position in shares of Sally Beauty by 0.3% during the third quarter. Victory Capital Management Inc. now owns 3,514,726 shares of the specialty retailer’s stock valued at $47,695,000 after buying an additional 10,016 shares during the last quarter. GSA Capital Partners LLP lifted its stake in shares of Sally Beauty by 3.2% in the third quarter. GSA Capital Partners LLP now owns 147,407 shares of the specialty retailer’s stock valued at $2,000,000 after buying an additional 4,525 shares during the period. Finally, nVerses Capital LLC acquired a new stake in Sally Beauty during the third quarter worth about $94,000. Wall Street Analysts Forecast Growth Several equities analysts have commented on the company. Raymond James raised Sally Beauty from an “underperform” rating to a “market perform” rating in a report on Friday, November 15th. DA Davidson upped their target price on Sally Beauty from $12.00 to $13.00 and gave the company a “neutral” rating in a research note on Friday, November 15th. Morgan Stanley raised their target price on Sally Beauty from $8.00 to $12.00 and gave the stock an “underweight” rating in a research report on Friday, November 15th. TD Cowen boosted their price target on shares of Sally Beauty from $13.00 to $14.00 and gave the company a “hold” rating in a report on Friday, November 15th. Finally, StockNews.com raised shares of Sally Beauty from a “hold” rating to a “buy” rating in a report on Saturday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $13.00. Sally Beauty Stock Performance Sally Beauty stock opened at $12.97 on Friday. The firm has a market capitalization of $1.32 billion, a P/E ratio of 9.01 and a beta of 1.53. The stock has a fifty day moving average price of $13.05 and a two-hundred day moving average price of $11.96. Sally Beauty Holdings, Inc. has a 52-week low of $9.06 and a 52-week high of $14.36. The company has a debt-to-equity ratio of 1.56, a current ratio of 2.20 and a quick ratio of 0.45. Sally Beauty ( NYSE:SBH – Get Free Report ) last announced its earnings results on Thursday, November 14th. The specialty retailer reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. The business had revenue of $935.00 million during the quarter, compared to analysts’ expectations of $935.88 million. Sally Beauty had a net margin of 4.13% and a return on equity of 31.37%. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same quarter last year, the company posted $0.42 EPS. As a group, analysts anticipate that Sally Beauty Holdings, Inc. will post 1.84 EPS for the current fiscal year. Sally Beauty Company Profile ( Free Report ) 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. Read More Want to see what other hedge funds are holding SBH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sally Beauty Holdings, Inc. ( NYSE:SBH – Free Report ). Receive News & Ratings for Sally Beauty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sally Beauty and related companies with MarketBeat.com's FREE daily email newsletter .
