Ulta Beauty, Inc. (NASDAQ:ULTA) Shares Sold by Cyrus J. Lawrence LLC

Cyrus J. Lawrence LLC lessened its position in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 1.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 15,192 shares of the specialty retailer’s stock after selling 296 shares during the quarter. Cyrus J. Lawrence LLC’s holdings in Ulta Beauty were worth $5,862,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in ULTA. TD Asset Management Inc increased its holdings in Ulta Beauty by 14.1% in the 2nd quarter. TD Asset Management Inc now owns 620,793 shares of the specialty retailer’s stock valued at $239,545,000 after purchasing an additional 76,721 shares during the last quarter. Boston Partners raised its holdings in shares of Ulta Beauty by 47.7% in the 1st quarter. Boston Partners now owns 476,027 shares of the specialty retailer’s stock valued at $246,862,000 after buying an additional 153,727 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Ulta Beauty by 6.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 422,801 shares of the specialty retailer’s stock valued at $163,149,000 after buying an additional 24,822 shares during the period. Bessemer Group Inc. boosted its holdings in Ulta Beauty by 1.2% during the 1st quarter. Bessemer Group Inc. now owns 357,503 shares of the specialty retailer’s stock valued at $186,933,000 after acquiring an additional 4,344 shares during the period. Finally, Epoch Investment Partners Inc. boosted its holdings in Ulta Beauty by 26.4% during the 2nd quarter. Epoch Investment Partners Inc. now owns 356,128 shares of the specialty retailer’s stock valued at $137,419,000 after acquiring an additional 74,319 shares during the period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Ulta Beauty

In related news, Director Catherine Ann Halligan sold 100 shares of the firm’s stock in a transaction that occurred on Tuesday, July 2nd. The stock was sold at an average price of $390.08, for a total value of $39,008.00. Following the completion of the transaction, the director now directly owns 2,017 shares of the company’s stock, valued at approximately $786,791.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Catherine Ann Halligan sold 100 shares of the business’s stock in a transaction dated Tuesday, July 2nd. The shares were sold at an average price of $390.08, for a total value of $39,008.00. Following the sale, the director now directly owns 2,017 shares in the company, valued at approximately $786,791.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Jodi J. Caro sold 650 shares of the firm’s stock in a transaction dated Tuesday, June 25th. The shares were sold at an average price of $388.68, for a total transaction of $252,642.00. Following the transaction, the insider now owns 6,801 shares of the company’s stock, valued at $2,643,412.68. The disclosure for this sale can be found here. Corporate insiders own 0.39% of the company’s stock.

Ulta Beauty Trading Down 0.3 %

NASDAQ ULTA opened at $402.01 on Monday. The stock has a market capitalization of $19.18 billion, a price-to-earnings ratio of 15.68, a PEG ratio of 2.22 and a beta of 1.31. The business’s 50 day moving average is $368.01 and its two-hundred day moving average is $406.98. Ulta Beauty, Inc. has a 12-month low of $318.17 and a 12-month high of $574.76.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Thursday, August 29th. The specialty retailer reported $5.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.47 by ($0.17). Ulta Beauty had a return on equity of 54.02% and a net margin of 10.68%. The business had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.61 billion. During the same quarter in the previous year, the company posted $6.02 EPS. The company’s revenue was up .9% compared to the same quarter last year. Equities analysts forecast that Ulta Beauty, Inc. will post 23.21 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on ULTA shares. StockNews.com raised shares of Ulta Beauty from a “sell” rating to a “hold” rating in a research report on Wednesday, September 18th. The Goldman Sachs Group reduced their target price on shares of Ulta Beauty from $475.00 to $412.00 and set a “neutral” rating on the stock in a report on Monday, August 12th. Raymond James downgraded shares of Ulta Beauty from a “strong-buy” rating to an “outperform” rating and dropped their price target for the stock from $500.00 to $450.00 in a research note on Friday, August 30th. Canaccord Genuity Group reduced their price objective on Ulta Beauty from $522.00 to $500.00 and set a “buy” rating on the stock in a research note on Tuesday, August 27th. Finally, B. Riley initiated coverage on Ulta Beauty in a research note on Tuesday, September 10th. They set a “sell” rating and a $300.00 target price for the company. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $425.29.

About Ulta Beauty

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.