Ulta Beauty Inc (ULTA) Shares Sold by United Services Automobile Association

United Services Automobile Association lowered its holdings in Ulta Beauty Inc (NASDAQ:ULTA) by 32.5% during the 3rd quarter, Holdings Channel reports. The firm owned 33,239 shares of the specialty retailer’s stock after selling 15,980 shares during the period. United Services Automobile Association’s holdings in Ulta Beauty were worth $9,377,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Standard Life Aberdeen plc lifted its holdings in Ulta Beauty by 73.9% during the 3rd quarter. Standard Life Aberdeen plc now owns 23,692 shares of the specialty retailer’s stock worth $6,685,000 after purchasing an additional 10,071 shares in the last quarter. Franklin Resources Inc. lifted its holdings in Ulta Beauty by 1,931.3% during the 3rd quarter. Franklin Resources Inc. now owns 95,856 shares of the specialty retailer’s stock worth $27,042,000 after purchasing an additional 91,137 shares in the last quarter. AMP Capital Investors Ltd lifted its holdings in Ulta Beauty by 11.5% during the 3rd quarter. AMP Capital Investors Ltd now owns 27,461 shares of the specialty retailer’s stock worth $7,669,000 after purchasing an additional 2,830 shares in the last quarter. Blair William & Co. IL lifted its holdings in Ulta Beauty by 7.6% during the 3rd quarter. Blair William & Co. IL now owns 105,161 shares of the specialty retailer’s stock worth $29,668,000 after purchasing an additional 7,440 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Ulta Beauty by 120.6% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 28,075 shares of the specialty retailer’s stock worth $7,921,000 after purchasing an additional 15,350 shares in the last quarter. 89.07% of the stock is currently owned by institutional investors and hedge funds.

Shares of NASDAQ ULTA opened at $251.10 on Tuesday. The stock has a market capitalization of $15.09 billion, a price-to-earnings ratio of 30.77, a price-to-earnings-growth ratio of 1.27 and a beta of 0.63. Ulta Beauty Inc has a twelve month low of $191.70 and a twelve month high of $322.49.

Ulta Beauty (NASDAQ:ULTA) last announced its earnings results on Thursday, December 6th. The specialty retailer reported $2.18 earnings per share for the quarter, topping analysts’ consensus estimates of $2.16 by $0.02. The business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.56 billion. Ulta Beauty had a return on equity of 33.75% and a net margin of 9.99%. The company’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.69 EPS. On average, equities analysts predict that Ulta Beauty Inc will post 10.86 earnings per share for the current fiscal year.

A number of analysts recently issued reports on the company. Jefferies Financial Group set a $335.00 price objective on Ulta Beauty and gave the stock a “buy” rating in a report on Friday, November 9th. Wells Fargo & Co dropped their price objective on Ulta Beauty from $336.00 to $328.00 and set an “outperform” rating on the stock in a report on Friday. Morgan Stanley set a $330.00 price objective on Ulta Beauty and gave the stock a “buy” rating in a report on Sunday. OTR Global cut Ulta Beauty to a “positive” rating in a report on Wednesday, August 22nd. Finally, UBS Group increased their price objective on Ulta Beauty from $285.00 to $315.00 and gave the stock a “buy” rating in a report on Friday, September 7th. Eight research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. Ulta Beauty currently has an average rating of “Buy” and an average target price of $292.16.

In other news, Director Dennis K. Eck sold 31,278 shares of the stock in a transaction dated Wednesday, September 19th. The stock was sold at an average price of $285.88, for a total transaction of $8,941,754.64. Following the transaction, the director now directly owns 334,778 shares in the company, valued at approximately $95,706,334.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Catherine Ann Halligan sold 129 shares of the stock in a transaction dated Monday, September 17th. The shares were sold at an average price of $281.50, for a total value of $36,313.50. Following the transaction, the director now owns 3,628 shares in the company, valued at $1,021,282. The disclosure for this sale can be found here. 5.60% of the stock is currently owned by corporate insiders.

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Ulta Beauty Company Profile

Ulta Beauty, Inc operates as a beauty retailer in the United States. The company's stores offer cosmetics, fragrances, haircare and skincare products, bath and body products, and salon styling tools; salon services, including hair, skin, and brow services; and others, including nail products and accessories.

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Institutional Ownership by Quarter for Ulta Beauty (NASDAQ:ULTA)

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