Win Advisors Inc. acquired a new position in Ulta Beauty, Inc. (NASDAQ:ULTA – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 2,386 shares of the specialty retailer’s stock, valued at approximately $1,038,000.
Several other institutional investors and hedge funds have also bought and sold shares of ULTA. Jensen Investment Management Inc. lifted its stake in shares of Ulta Beauty by 17.9% in the 3rd quarter. Jensen Investment Management Inc. now owns 11,330 shares of the specialty retailer’s stock valued at $4,409,000 after purchasing an additional 1,720 shares during the period. Versor Investments LP purchased a new position in Ulta Beauty during the third quarter valued at $793,000. Stephens Inc. AR raised its stake in Ulta Beauty by 31.0% during the third quarter. Stephens Inc. AR now owns 16,014 shares of the specialty retailer’s stock valued at $6,231,000 after buying an additional 3,791 shares during the last quarter. Chase Investment Counsel Corp raised its stake in 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 buying an additional 2,000 shares during the last quarter. Finally, Integrated Investment Consultants LLC purchased a new position in Ulta Beauty during the third quarter valued at $4,480,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.
Analysts Set New Price Targets
ULTA has been the subject of a number of recent research reports. Bank of America lifted their price objective on Ulta Beauty from $460.00 to $475.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. BMO Capital Markets lifted their price objective 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. StockNews.com upgraded Ulta Beauty from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th. DA Davidson lifted their price objective on Ulta Beauty from $435.00 to $510.00 and gave the company a “buy” rating in a research note on Friday, December 6th. Finally, UBS Group lifted their target price on Ulta Beauty from $470.00 to $490.00 and gave the stock a “buy” rating in a report on Friday, December 6th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $459.22.
Ulta Beauty Stock Performance
NASDAQ ULTA opened at $409.19 on Wednesday. The company has a market capitalization of $18.97 billion, a PE ratio of 16.37, a price-to-earnings-growth ratio of 0.98 and a beta of 1.28. The business’s fifty day moving average is $415.83 and its 200 day moving average is $385.93. Ulta Beauty, Inc. has a fifty-two week low of $318.17 and a fifty-two week high of $574.76.
Ulta Beauty (NASDAQ:ULTA – Get Free Report) last released its earnings results on Thursday, December 5th. The specialty retailer reported $5.14 earnings per share 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 return on equity of 51.95% and a net margin of 10.58%. Ulta Beauty’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same period in the previous year, the business earned $5.07 earnings per share. On average, sell-side analysts forecast that Ulta Beauty, Inc. will post 23.96 EPS for the current 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.
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