Win Advisors Inc. purchased a new position in shares of Ulta Beauty, Inc. (NASDAQ:ULTA - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 2,386 shares of the specialty retailer's stock, valued at approximately $1,038,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of ULTA. International Assets Investment Management LLC lifted its stake in 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 acquiring an additional 1,237,884 shares in the last quarter. Ontario Teachers Pension Plan Board purchased a new stake in shares of Ulta Beauty during the 3rd quarter valued at $359,480,000. Holocene Advisors LP increased its position in shares of Ulta Beauty by 3,246.2% during the 3rd quarter. Holocene Advisors LP now owns 346,262 shares of the specialty retailer's stock valued at $134,737,000 after purchasing an additional 335,914 shares during the last quarter. Atreides Management LP purchased a new stake in shares of Ulta Beauty during the 3rd quarter valued at $73,069,000. Finally, Assenagon Asset Management S.A. increased its position in shares of Ulta Beauty by 258.3% during the 4th quarter. Assenagon Asset Management S.A. now owns 126,190 shares of the specialty retailer's stock valued at $54,884,000 after purchasing an additional 90,972 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors.
Shares of Ulta Beauty stock opened at $409.19 on Wednesday. The firm has a market capitalization of $18.97 billion, a PE ratio of 16.37, a price-to-earnings-growth ratio of 0.98 and a beta of 1.28. The business's 50-day moving average price is $415.83 and its 200-day moving average price is $385.93. Ulta Beauty, Inc. has a 12 month low of $318.17 and a 12 month high of $574.76.
Ulta Beauty (NASDAQ:ULTA - Get Free Report) last announced its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $5.14 EPS for the quarter, beating the consensus estimate of $4.45 by $0.69. The firm had revenue of $2.53 billion for 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 in the prior year, the company earned $5.07 EPS. As a group, analysts predict that Ulta Beauty, Inc. will post 23.96 earnings per share for the current fiscal year.
Several equities research analysts have recently issued reports on ULTA shares. Telsey Advisory Group reaffirmed an "outperform" rating and set a $500.00 target price on shares of Ulta Beauty in a research report on Tuesday, January 7th. B. Riley upgraded Ulta Beauty from a "sell" rating to a "neutral" rating and boosted their price objective for the company from $330.00 to $430.00 in a research note on Tuesday, January 7th. Canaccord Genuity Group increased their target price on shares of Ulta Beauty from $500.00 to $538.00 and gave the stock a "buy" rating in a research report on Tuesday, January 7th. TD Cowen boosted their price target on shares of Ulta Beauty from $450.00 to $480.00 and gave the company a "hold" rating in a research report on Wednesday, January 8th. Finally, UBS Group raised their price objective on shares of Ulta Beauty from $470.00 to $490.00 and gave the stock a "buy" rating in a report on Friday, December 6th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have given a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $459.22.
Check Out Our Latest Stock Report on ULTA
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.
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