Thrivent Financial for Lutherans Has $4.16 Million Stake in Ulta Beauty, Inc. (NASDAQ:ULTA)

Thrivent Financial for Lutherans raised its holdings in Ulta Beauty, Inc. (NASDAQ:ULTA) by 382.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,698 shares of the specialty retailer’s stock after buying an additional 8,481 shares during the period. Thrivent Financial for Lutherans’ holdings in Ulta Beauty were worth $4,163,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. International Assets Investment Management LLC grew its holdings in shares of Ulta Beauty by 180,713.0% during the 3rd quarter. International Assets Investment Management LLC now owns 1,238,569 shares of the specialty retailer’s stock valued at $481,952,000 after purchasing an additional 1,237,884 shares during the last quarter. TD Asset Management Inc grew its holdings in Ulta Beauty by 14.1% during the second quarter. TD Asset Management Inc now owns 620,793 shares of the specialty retailer’s stock worth $239,545,000 after buying an additional 76,721 shares in the last quarter. Alecta Tjanstepension Omsesidigt boosted its holdings in Ulta Beauty by 14.4% during the third quarter. Alecta Tjanstepension Omsesidigt now owns 516,405 shares of the specialty retailer’s stock worth $200,944,000 after purchasing an additional 65,000 shares during the last quarter. Boston Partners increased its position in shares of Ulta Beauty by 47.7% during the first quarter. Boston Partners now owns 476,027 shares of the specialty retailer’s stock valued at $246,862,000 after acquiring an additional 153,727 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Ulta Beauty by 6.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 422,801 shares of the specialty retailer’s stock valued at $163,149,000 after purchasing an additional 24,822 shares during the last quarter. 90.39% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on ULTA. UBS Group lowered their price target on shares of Ulta Beauty from $550.00 to $505.00 and set a “buy” rating on the stock in a report on Friday, August 30th. Robert W. Baird cut their price target on shares of Ulta Beauty from $525.00 to $485.00 and set an “outperform” rating for the company in a research report on Friday, August 23rd. Barclays raised their price target on shares of Ulta Beauty from $328.00 to $335.00 and gave the stock an “equal weight” rating in a report on Friday, August 30th. Raymond James decreased their target price on Ulta Beauty from $450.00 to $440.00 and set an “outperform” rating for the company in a report on Monday, October 14th. Finally, William Blair lowered shares of Ulta Beauty from an “outperform” rating to a “market perform” rating in a report on Thursday. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $420.71.

Ulta Beauty Stock Down 0.1 %

Shares of Ulta Beauty stock opened at $338.38 on Monday. Ulta Beauty, Inc. has a twelve month low of $318.17 and a twelve month high of $574.76. The company’s 50 day moving average is $376.80 and its 200 day moving average is $377.22. The company has a market cap of $15.94 billion, a price-to-earnings ratio of 13.58, a price-to-earnings-growth ratio of 1.94 and a beta of 1.33.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings results on Thursday, August 29th. The specialty retailer reported $5.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.47 by ($0.17). The firm had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.61 billion. Ulta Beauty had a return on equity of 54.02% and a net margin of 10.68%. The business’s quarterly revenue was up .9% on a year-over-year basis. During the same quarter last year, the business earned $6.02 earnings per share. Sell-side analysts expect that Ulta Beauty, Inc. will post 23.07 EPS for the current fiscal year.

Ulta Beauty Company Profile

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.