Czech National Bank Has $4.44 Million Stake in Ulta Beauty, Inc. (NASDAQ:ULTA)

Czech National Bank increased its position in Ulta Beauty, Inc. (NASDAQ:ULTA) by 5.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,216 shares of the specialty retailer’s stock after buying an additional 496 shares during the period. Czech National Bank’s holdings in Ulta Beauty were worth $4,443,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in ULTA. Susquehanna Fundamental Investments LLC bought a new stake in shares of Ulta Beauty during the 2nd quarter worth $19,136,000. Jensen Investment Management Inc. grew its position in shares of Ulta Beauty by 17.9% in the third quarter. Jensen Investment Management Inc. now owns 11,330 shares of the specialty retailer’s stock valued at $4,409,000 after purchasing an additional 1,720 shares during the last quarter. Distillate Capital Partners LLC bought a new position in shares of Ulta Beauty in the second quarter worth about $14,665,000. Versor Investments LP acquired a new position in shares of Ulta Beauty during the 3rd quarter worth about $793,000. Finally, Stephens Inc. AR boosted its stake in Ulta Beauty by 31.0% during the 3rd quarter. Stephens Inc. AR now owns 16,014 shares of the specialty retailer’s stock valued at $6,231,000 after purchasing an additional 3,791 shares during the period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Ulta Beauty Stock Performance

NASDAQ ULTA opened at $407.38 on Thursday. The stock has a market capitalization of $18.89 billion, a P/E ratio of 16.30, a price-to-earnings-growth ratio of 2.38 and a beta of 1.28. Ulta Beauty, Inc. has a 52 week low of $318.17 and a 52 week high of $574.76. The stock has a fifty day moving average of $402.84 and a 200-day moving average of $384.25.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $5.14 EPS for the quarter, topping analysts’ consensus estimates of $4.45 by $0.69. The firm had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.50 billion. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The company’s revenue was up 1.7% on a year-over-year basis. During the same period last year, the company earned $5.07 earnings per share. Equities research analysts forecast that Ulta Beauty, Inc. will post 23.57 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

ULTA has been the topic of several recent analyst reports. JPMorgan Chase & Co. lifted their price target on Ulta Beauty from $472.00 to $480.00 and gave the stock an “overweight” rating in a research report on Friday, December 6th. Bank of America increased their price target on shares of Ulta Beauty from $460.00 to $475.00 and gave the company a “neutral” rating in a report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Ulta Beauty from $426.00 to $424.00 and set a “buy” rating on the stock in a report on Wednesday, October 9th. Loop Capital increased their target price on shares of Ulta Beauty from $450.00 to $480.00 and gave the company a “buy” rating in a research note on Monday, December 9th. Finally, Raymond James lowered their price target on Ulta Beauty from $450.00 to $440.00 and set an “outperform” rating on the stock in a research note on Monday, October 14th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $460.30.

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.