Ulta Beauty, Inc. (NASDAQ:ULTA) Stock Holdings Boosted by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB lifted its stake in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 22.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,450 shares of the specialty retailer’s stock after acquiring an additional 450 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in Ulta Beauty were worth $1,066,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. International Assets Investment Management LLC lifted its holdings in shares of Ulta Beauty by 180,713.0% in the third quarter. International Assets Investment Management LLC now owns 1,238,569 shares of the specialty retailer’s stock valued at $481,952,000 after purchasing an additional 1,237,884 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Ulta Beauty by 0.9% in the third quarter. Geode Capital Management LLC now owns 1,188,730 shares of the specialty retailer’s stock valued at $461,059,000 after purchasing an additional 10,153 shares in the last quarter. Ontario Teachers Pension Plan Board purchased a new stake in shares of Ulta Beauty in the third quarter valued at $359,480,000. Champlain Investment Partners LLC raised its holdings in shares of Ulta Beauty by 5.4% during the third quarter. Champlain Investment Partners LLC now owns 610,400 shares of the specialty retailer’s stock worth $237,519,000 after acquiring an additional 31,540 shares in the last quarter. Finally, Alecta Tjanstepension Omsesidigt raised its holdings in shares of Ulta Beauty by 14.4% during the third quarter. Alecta Tjanstepension Omsesidigt now owns 516,405 shares of the specialty retailer’s stock worth $200,944,000 after acquiring an additional 65,000 shares in the last quarter. 90.39% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on ULTA shares. Stifel Nicolaus increased their price objective on Ulta Beauty from $455.00 to $475.00 and gave the stock a “hold” rating in a report on Tuesday, January 7th. DA Davidson increased their price objective on Ulta Beauty from $435.00 to $510.00 and gave the stock a “buy” rating in a report on Friday, December 6th. Oppenheimer increased their price objective on Ulta Beauty from $505.00 to $515.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. BMO Capital Markets increased their price objective on Ulta Beauty from $385.00 to $420.00 and gave the stock a “market perform” rating in a report on Friday, December 6th. Finally, Citigroup increased their price objective on Ulta Beauty from $450.00 to $457.00 and gave the stock a “neutral” rating in a report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $459.22.

Ulta Beauty Stock Performance

Shares of NASDAQ:ULTA opened at $410.67 on Thursday. Ulta Beauty, Inc. has a 52-week low of $318.17 and a 52-week high of $574.76. The company has a market cap of $19.04 billion, a P/E ratio of 16.43, a P/E/G ratio of 0.98 and a beta of 1.28. The stock’s 50-day moving average is $416.81 and its 200-day moving average is $386.06.

Ulta Beauty (NASDAQ:ULTA) last released its earnings results on Thursday, December 5th. The specialty retailer reported $5.14 earnings per share for the quarter, topping analysts’ consensus estimates of $4.45 by $0.69. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The business had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same period last year, the business earned $5.07 earnings per share. The firm’s revenue for the quarter was up 1.7% compared to the same quarter last year. As a group, equities analysts predict that Ulta Beauty, Inc. will post 23.96 EPS for the current year.

About Ulta Beauty

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.