Ulta Beauty (NASDAQ:ULTA) has been given a $225.00 price target by stock analysts at Royal Bank Of Canada in a report released on Friday. The brokerage presently has a “hold” rating on the specialty retailer’s stock. Royal Bank Of Canada’s price objective indicates a potential upside of 5.84% from the company’s current price.

A number of other brokerages also recently weighed in on ULTA. Jefferies Group set a $350.00 target price on Ulta Beauty and gave the company a “buy” rating in a report on Monday, August 14th. Oppenheimer downgraded Ulta Beauty from an “outperform” rating to a “market perform” rating and dropped their target price for the company from $330.00 to $270.00 in a report on Tuesday, August 8th. Zacks Investment Research downgraded Ulta Beauty from a “hold” rating to a “sell” rating in a report on Tuesday, August 8th. Piper Jaffray Companies reiterated a “buy” rating and issued a $330.00 target price on shares of Ulta Beauty in a report on Monday, August 21st. Finally, OTR Global downgraded Ulta Beauty to a “positive” rating in a report on Monday, August 21st. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $261.18.

Shares of Ulta Beauty (ULTA) traded down $9.13 on Friday, hitting $212.58. The stock had a trading volume of 6,693,366 shares, compared to its average volume of 1,011,565. The firm has a market cap of $13,060.00, a P/E ratio of 29.41, a price-to-earnings-growth ratio of 1.34 and a beta of 0.51. Ulta Beauty has a one year low of $187.96 and a one year high of $314.86.

In other news, Director Charles Heilbronn acquired 127,889 shares of the company’s stock in a transaction that occurred on Friday, October 13th. The shares were purchased at an average price of $195.21 per share, for a total transaction of $24,965,211.69. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 5.20% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in ULTA. GSA Capital Partners LLP boosted its position in Ulta Beauty by 528.5% during the third quarter. GSA Capital Partners LLP now owns 12,079 shares of the specialty retailer’s stock worth $2,731,000 after purchasing an additional 10,157 shares during the period. Algert Global LLC bought a new stake in Ulta Beauty during the third quarter worth approximately $772,000. Cetera Advisor Networks LLC boosted its position in Ulta Beauty by 44.1% during the third quarter. Cetera Advisor Networks LLC now owns 1,193 shares of the specialty retailer’s stock worth $271,000 after purchasing an additional 365 shares during the period. IFM Investors Pty Ltd bought a new stake in Ulta Beauty during the third quarter worth approximately $381,000. Finally, Ameritas Investment Partners Inc. boosted its position in Ulta Beauty by 313.7% during the third quarter. Ameritas Investment Partners Inc. now owns 10,141 shares of the specialty retailer’s stock worth $2,278,000 after purchasing an additional 7,690 shares during the period. Hedge funds and other institutional investors own 88.16% of the company’s stock.

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About Ulta Beauty

Ulta Beauty, Inc is a holding company for the Ulta Beauty group of companies. The Company is a beauty retailer. The Company offers cosmetics, fragrance, skin, hair care products and salon services. The Company offers approximately 20,000 products from over 500 beauty brands across all categories, including the Company’s own private label.

Analyst Recommendations for Ulta Beauty (NASDAQ:ULTA)

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