Ulta Beauty, Inc. (NASDAQ:ULTA) Stock Position Boosted by Blue Trust Inc.

Blue Trust Inc. grew its stake in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 18.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 285 shares of the specialty retailer’s stock after buying an additional 45 shares during the quarter. Blue Trust Inc.’s holdings in Ulta Beauty were worth $124,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Sanctuary Advisors LLC acquired a new stake in Ulta Beauty during the second quarter valued at approximately $1,500,000. Czech National Bank increased its holdings in shares of Ulta Beauty by 6.4% in the third quarter. Czech National Bank now owns 9,720 shares of the specialty retailer’s stock valued at $3,782,000 after buying an additional 585 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Ulta Beauty by 26.0% during the 3rd quarter. GAMMA Investing LLC now owns 422 shares of the specialty retailer’s stock valued at $164,000 after acquiring an additional 87 shares during the last quarter. Boston Common Asset Management LLC bought a new stake in shares of Ulta Beauty during the 3rd quarter worth $5,157,000. Finally, Livforsakringsbolaget Skandia Omsesidigt grew its holdings in shares of Ulta Beauty by 348.8% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 386 shares of the specialty retailer’s stock worth $150,000 after acquiring an additional 300 shares during the last quarter. 90.39% of the stock is owned by institutional investors and hedge funds.

Ulta Beauty Stock Down 2.2 %

ULTA stock opened at $401.60 on Friday. The firm has a 50 day moving average of $417.52 and a two-hundred day moving average of $386.23. Ulta Beauty, Inc. has a 12 month low of $318.17 and a 12 month high of $574.76. The company has a market capitalization of $18.62 billion, a price-to-earnings ratio of 16.07, a P/E/G ratio of 0.98 and a beta of 1.28.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $5.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.45 by $0.69. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The firm had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.50 billion. During the same period in the prior year, the company posted $5.07 earnings per share. Ulta Beauty’s revenue for the quarter was up 1.7% on a year-over-year basis. On average, research analysts expect that Ulta Beauty, Inc. will post 23.96 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. TD Cowen upped their target price on Ulta Beauty from $450.00 to $480.00 and gave the company a “hold” rating in a report on Wednesday, January 8th. Wells Fargo & Company upped their price objective on shares of Ulta Beauty from $350.00 to $370.00 and gave the company an “underweight” rating in a research note on Tuesday, January 7th. Bank of America raised their target price on shares of Ulta Beauty from $460.00 to $475.00 and gave the stock a “neutral” rating in a report on Tuesday, January 7th. Barclays boosted their price target on shares of Ulta Beauty from $410.00 to $445.00 and gave the company an “equal weight” rating in a report on Thursday, January 9th. Finally, BMO Capital Markets lifted their price objective on shares of Ulta Beauty from $385.00 to $420.00 and gave the stock a “market perform” rating in a research report on Friday, December 6th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat.com, Ulta Beauty has an average rating of “Hold” and an average price target of $459.22.

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.