Stephens Investment Management Group LLC increased its position in shares of Ulta Beauty Inc (NASDAQ:ULTA) by 21.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 137,247 shares of the specialty retailer’s stock after acquiring an additional 24,492 shares during the quarter. Stephens Investment Management Group LLC owned about 0.23% of Ulta Beauty worth $30,697,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of ULTA. GSA Capital Partners LLP bought a new stake in shares of Ulta Beauty in the second quarter worth about $552,000. Dimensional Fund Advisors LP increased its holdings in shares of Ulta Beauty by 7.4% in the second quarter. Dimensional Fund Advisors LP now owns 229,793 shares of the specialty retailer’s stock worth $66,028,000 after acquiring an additional 15,792 shares in the last quarter. QS Investors LLC increased its holdings in shares of Ulta Beauty by 0.8% in the second quarter. QS Investors LLC now owns 730 shares of the specialty retailer’s stock worth $210,000 after acquiring an additional 6 shares in the last quarter. Janus Henderson Group PLC increased its holdings in shares of Ulta Beauty by 448.8% in the second quarter. Janus Henderson Group PLC now owns 115,762 shares of the specialty retailer’s stock worth $33,264,000 after acquiring an additional 94,669 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of Ulta Beauty by 3,388.9% during the second quarter. The Manufacturers Life Insurance Company now owns 67,022 shares of the specialty retailer’s stock worth $19,258,000 after buying an additional 65,101 shares in the last quarter. 90.49% of the stock is currently owned by institutional investors and hedge funds.
Shares of Ulta Beauty Inc (ULTA) traded down $2.69 on Wednesday, reaching $206.79. The company’s stock had a trading volume of 1,071,500 shares, compared to its average volume of 1,261,607. The firm has a market cap of $12,560.00, a P/E ratio of 26.33, a PEG ratio of 1.02 and a beta of 0.54. Ulta Beauty Inc has a 52-week low of $187.96 and a 52-week high of $314.86.
Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings data on Thursday, November 30th. The specialty retailer reported $1.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.03. The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.34 billion. Ulta Beauty had a return on equity of 29.64% and a net margin of 8.82%. equities analysts predict that Ulta Beauty Inc will post 8.35 earnings per share for the current fiscal year.
A number of research analysts have weighed in on ULTA shares. Robert W. Baird set a $265.00 price target on Ulta Beauty and gave the company a “buy” rating in a research note on Monday, October 23rd. KeyCorp set a $270.00 price objective on Ulta Beauty and gave the company a “buy” rating in a research report on Monday, November 27th. BMO Capital Markets reaffirmed a “hold” rating and issued a $235.00 price objective on shares of Ulta Beauty in a research report on Thursday, November 2nd. Buckingham Research raised Ulta Beauty from a “neutral” rating to a “buy” rating and set a $225.00 price objective for the company in a research report on Tuesday, December 19th. They noted that the move was a valuation call. Finally, Loop Capital set a $300.00 price target on Ulta Beauty and gave the stock a “buy” rating in a report on Monday, November 27th. Eleven equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $262.91.
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Ulta Beauty Company Profile
Ulta Beauty, Inc is a holding company for the Ulta Beauty group of companies. The Company is a beauty retailer. The Company offers cosmetics, fragrance, skin, hair care products and salon services. The Company offers approximately 20,000 products from over 500 beauty brands across all categories, including the Company’s own private label.
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