UNIVEST FINANCIAL Corp Sells 1,755 Shares of Ulta Beauty Inc. $ULTA

UNIVEST FINANCIAL Corp cut its holdings in Ulta Beauty Inc. (NASDAQ:ULTA) by 9.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,718 shares of the specialty retailer’s stock after selling 1,755 shares during the period. UNIVEST FINANCIAL Corp’s holdings in Ulta Beauty were worth $9,687,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ULTA. Quadrant Capital Group LLC raised its position in shares of Ulta Beauty by 1.8% during the second quarter. Quadrant Capital Group LLC now owns 1,165 shares of the specialty retailer’s stock valued at $545,000 after buying an additional 21 shares during the last quarter. ORG Partners LLC increased its holdings in Ulta Beauty by 17.7% in the 2nd quarter. ORG Partners LLC now owns 153 shares of the specialty retailer’s stock valued at $72,000 after acquiring an additional 23 shares during the last quarter. OFI Invest Asset Management increased its holdings in Ulta Beauty by 6.8% in the 2nd quarter. OFI Invest Asset Management now owns 375 shares of the specialty retailer’s stock valued at $175,000 after acquiring an additional 24 shares during the last quarter. Richard W. Paul & Associates LLC lifted its stake in Ulta Beauty by 0.8% in the 2nd quarter. Richard W. Paul & Associates LLC now owns 2,990 shares of the specialty retailer’s stock worth $1,399,000 after purchasing an additional 24 shares in the last quarter. Finally, DNB Asset Management AS boosted its holdings in shares of Ulta Beauty by 0.3% during the 2nd quarter. DNB Asset Management AS now owns 9,411 shares of the specialty retailer’s stock valued at $4,403,000 after purchasing an additional 25 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. B. Riley reaffirmed a “neutral” rating on shares of Ulta Beauty in a report on Monday, December 8th. Guggenheim reaffirmed a “neutral” rating on shares of Ulta Beauty in a research note on Friday, December 5th. DA Davidson upped their price objective on Ulta Beauty from $625.00 to $650.00 and gave the stock a “buy” rating in a report on Friday, December 5th. Canaccord Genuity Group raised their target price on shares of Ulta Beauty from $653.00 to $674.00 and gave the company a “buy” rating in a report on Friday, December 5th. Finally, Zacks Research upgraded shares of Ulta Beauty from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 30th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Ulta Beauty presently has an average rating of “Moderate Buy” and an average price target of $620.04.

Ulta Beauty Trading Down 0.3%

ULTA stock opened at $681.64 on Friday. The stock has a market cap of $30.24 billion, a PE ratio of 26.14, a P/E/G ratio of 3.55 and a beta of 0.85. Ulta Beauty Inc. has a 12 month low of $309.01 and a 12 month high of $695.34. The company has a 50-day moving average price of $595.79 and a 200 day moving average price of $546.48.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings results on Thursday, December 4th. The specialty retailer reported $5.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.61 by $0.53. Ulta Beauty had a return on equity of 46.33% and a net margin of 9.93%.The firm had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.70 billion. During the same period last year, the company earned $5.14 EPS. Ulta Beauty’s quarterly revenue was up 12.9% compared to the same quarter last year. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. Sell-side analysts forecast that Ulta Beauty Inc. will post 23.96 EPS for the current year.

Ulta Beauty Company Profile

Ulta Beauty, Inc (NASDAQ: ULTA) is a U.S.-based specialty retailer and beauty services provider focused on cosmetics, fragrance, skin care, hair care, bath and body, and beauty tools. The company operates a dual-format business that combines brick-and-mortar retail stores with an e-commerce platform, offering a broad assortment of national, prestige and mass-market brands alongside its own private-label products. In many locations Ulta also provides full-service salon treatments, positioning the company as a one-stop destination for product discovery and in-store services.

The retailer’s product mix spans color cosmetics, haircare and styling products, skin and body care, fragrance, and accessories, catering to a wide range of consumer preferences and price points.