Ulta Beauty, Inc. (NASDAQ:ULTA) Shares Sold by Boston Trust Walden Corp

Boston Trust Walden Corp trimmed its position in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 0.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,073 shares of the specialty retailer’s stock after selling 123 shares during the period. Boston Trust Walden Corp owned approximately 0.05% of Ulta Beauty worth $10,905,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Jensen Investment Management Inc. raised its holdings in shares of Ulta Beauty by 17.9% during the 3rd quarter. Jensen Investment Management Inc. now owns 11,330 shares of the specialty retailer’s stock valued at $4,409,000 after buying an additional 1,720 shares during the period. Versor Investments LP acquired a new position in shares of Ulta Beauty in the 3rd quarter valued at about $793,000. Stephens Inc. AR lifted its holdings in shares of Ulta Beauty by 31.0% in the 3rd quarter. Stephens Inc. AR now owns 16,014 shares of the specialty retailer’s stock worth $6,231,000 after purchasing an additional 3,791 shares during the last quarter. Chase Investment Counsel Corp boosted its holdings in shares of Ulta Beauty by 100.0% during the third quarter. Chase Investment Counsel Corp now owns 4,000 shares of the specialty retailer’s stock valued at $1,556,000 after acquiring an additional 2,000 shares during the period. Finally, Integrated Investment Consultants LLC acquired a new stake in shares of Ulta Beauty in the third quarter valued at approximately $4,480,000. 90.39% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently issued reports on ULTA shares. UBS Group increased their target price on shares of Ulta Beauty from $470.00 to $490.00 and gave the company a “buy” rating in a research report on Friday, December 6th. StockNews.com raised shares of Ulta Beauty from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th. Wells Fargo & Company upped their price objective on shares of Ulta Beauty from $350.00 to $370.00 and gave the stock an “underweight” rating in a report on Tuesday, January 7th. BMO Capital Markets increased their target price on Ulta Beauty from $385.00 to $420.00 and gave the company a “market perform” rating in a research note on Friday, December 6th. Finally, TD Cowen upped their target price on Ulta Beauty from $450.00 to $480.00 and gave the company a “hold” rating in a research note on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $459.22.

Ulta Beauty Trading Down 1.0 %

NASDAQ ULTA opened at $408.14 on Tuesday. Ulta Beauty, Inc. has a 1-year low of $318.17 and a 1-year high of $574.76. The stock has a 50-day moving average of $414.93 and a 200-day moving average of $385.83. The firm has a market cap of $18.93 billion, a PE ratio of 16.33, a price-to-earnings-growth ratio of 0.98 and a beta of 1.28.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $5.14 EPS for the quarter, beating the consensus estimate of $4.45 by $0.69. The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.50 billion. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. Ulta Beauty’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same period in the prior year, the firm posted $5.07 EPS. As a group, equities research analysts forecast that Ulta Beauty, Inc. will post 23.96 earnings per share for the current fiscal year.

Ulta Beauty Company Profile

Ulta Beauty, Inc operates as a specialty beauty retailer in the United States. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.com website, and its mobile applications.