LS Investment Advisors LLC increased its position in shares of Ulta Beauty Inc (NASDAQ:ULTA) by 15.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,095 shares of the specialty retailer’s stock after purchasing an additional 278 shares during the period. LS Investment Advisors LLC’s holdings in Ulta Beauty were worth $513,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in ULTA. FMR LLC increased its holdings in shares of Ulta Beauty by 35.5% in the third quarter. FMR LLC now owns 1,285,561 shares of the specialty retailer’s stock valued at $362,682,000 after buying an additional 336,985 shares in the last quarter. Frontier Capital Management Co. LLC bought a new position in shares of Ulta Beauty in the third quarter valued at $79,932,000. Marshall Wace LLP bought a new position in shares of Ulta Beauty in the third quarter valued at $44,356,000. Alliancebernstein L.P. increased its holdings in shares of Ulta Beauty by 4.3% in the third quarter. Alliancebernstein L.P. now owns 2,686,897 shares of the specialty retailer’s stock valued at $758,027,000 after buying an additional 109,978 shares in the last quarter. Finally, SPF Beheer BV increased its holdings in shares of Ulta Beauty by 87.2% in the fourth quarter. SPF Beheer BV now owns 226,765 shares of the specialty retailer’s stock valued at $55,521,000 after buying an additional 105,646 shares in the last quarter. 95.23% of the stock is currently owned by hedge funds and other institutional investors.
Ulta Beauty stock opened at $298.10 on Tuesday. Ulta Beauty Inc has a 12 month low of $191.70 and a 12 month high of $322.49. The firm has a market cap of $17.72 billion, a PE ratio of 36.53, a P/E/G ratio of 1.26 and a beta of 0.99.
Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings results on Thursday, December 6th. The specialty retailer reported $2.18 EPS for the quarter, beating the consensus estimate of $2.16 by $0.02. Ulta Beauty had a net margin of 9.99% and a return on equity of 33.75%. The business had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.56 billion. During the same period in the previous year, the company posted $1.69 EPS. Ulta Beauty’s revenue was up 16.2% on a year-over-year basis. As a group, sell-side analysts predict that Ulta Beauty Inc will post 10.82 earnings per share for the current year.
Several research analysts have issued reports on the company. ValuEngine raised Ulta Beauty from a “hold” rating to a “buy” rating in a report on Tuesday, January 22nd. BidaskClub upgraded shares of Ulta Beauty from a “hold” rating to a “buy” rating in a research report on Wednesday, January 9th. Wells Fargo & Co lowered their price objective on shares of Ulta Beauty from $328.00 to $280.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 2nd. Citigroup started coverage on shares of Ulta Beauty in a research report on Wednesday, December 19th. They set a “buy” rating on the stock. Finally, Loop Capital lowered their price objective on shares of Ulta Beauty to $265.00 and set an “average” rating on the stock in a research report on Friday, December 14th. They noted that the move was a valuation call. Six research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $288.84.
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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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