TD Private Client Wealth LLC Has $75,000 Holdings in Ulta Beauty, Inc. (NASDAQ:ULTA)

TD Private Client Wealth LLC boosted its position in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 47.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 173 shares of the specialty retailer’s stock after acquiring an additional 56 shares during the period. TD Private Client Wealth LLC’s holdings in Ulta Beauty were worth $75,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Smartleaf Asset Management LLC increased its stake in shares of Ulta Beauty by 28.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 166 shares of the specialty retailer’s stock worth $72,000 after purchasing an additional 37 shares during the period. Blueshift Asset Management LLC grew its holdings in Ulta Beauty by 1,052.6% in the 3rd quarter. Blueshift Asset Management LLC now owns 8,218 shares of the specialty retailer’s stock valued at $3,198,000 after buying an additional 7,505 shares during the last quarter. Savant Capital LLC increased its position in Ulta Beauty by 199.5% in the 4th quarter. Savant Capital LLC now owns 4,646 shares of the specialty retailer’s stock worth $2,021,000 after buying an additional 3,095 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Ulta Beauty by 2.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 307,665 shares of the specialty retailer’s stock worth $119,719,000 after buying an additional 6,825 shares during the last quarter. Finally, Sanctuary Advisors LLC boosted its position in shares of Ulta Beauty by 7.8% in the fourth quarter. Sanctuary Advisors LLC now owns 3,973 shares of the specialty retailer’s stock valued at $1,663,000 after acquiring an additional 288 shares during the period. 90.39% of the stock is currently owned by institutional investors.

Ulta Beauty Price Performance

ULTA stock opened at $370.75 on Wednesday. The business has a fifty day moving average price of $376.15 and a 200 day moving average price of $386.59. Ulta Beauty, Inc. has a fifty-two week low of $309.01 and a fifty-two week high of $529.67. The stock has a market capitalization of $17.19 billion, a price-to-earnings ratio of 14.84, a P/E/G ratio of 0.89 and a beta of 1.34.

Ulta Beauty (NASDAQ:ULTA) last announced its earnings results on Thursday, March 13th. The specialty retailer reported $8.46 earnings per share for the quarter, beating analysts’ consensus estimates of $7.13 by $1.33. The company had revenue of $3.49 billion during the quarter, compared to analyst estimates of $3.47 billion. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The firm’s quarterly revenue was down 1.9% compared to the same quarter last year. During the same period last year, the company posted $8.08 earnings per share. On average, equities analysts expect that Ulta Beauty, Inc. will post 23.96 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on ULTA shares. Canaccord Genuity Group dropped their target price on shares of Ulta Beauty from $538.00 to $526.00 and set a “buy” rating on the stock in a research report on Friday, March 14th. TD Cowen boosted their price objective on shares of Ulta Beauty from $450.00 to $480.00 and gave the stock a “hold” rating in a report on Wednesday, January 8th. Telsey Advisory Group reiterated an “outperform” rating and issued a $500.00 target price on shares of Ulta Beauty in a research note on Monday, March 10th. Stifel Nicolaus lowered their price target on Ulta Beauty from $475.00 to $400.00 and set a “hold” rating on the stock in a research note on Friday, March 14th. Finally, BMO Capital Markets reduced their price objective on Ulta Beauty from $467.00 to $404.00 and set a “market perform” rating for the company in a research report on Friday, March 14th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat.com, Ulta Beauty presently has an average rating of “Hold” and an average target price of $427.13.

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.