RiverPark Advisors LLC raised its stake in shares of Ulta Beauty Inc (NASDAQ:ULTA) by 62.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,851 shares of the specialty retailer’s stock after buying an additional 6,077 shares during the quarter. RiverPark Advisors LLC’s holdings in Ulta Beauty were worth $3,545,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Comerica Bank raised its stake in Ulta Beauty by 37.0% during the third quarter. Comerica Bank now owns 39,592 shares of the specialty retailer’s stock valued at $7,986,000 after buying an additional 10,690 shares during the last quarter. First Manhattan Co. purchased a new position in Ulta Beauty during the fourth quarter valued at $62,331,000. Parametric Portfolio Associates LLC raised its stake in Ulta Beauty by 31.3% during the third quarter. Parametric Portfolio Associates LLC now owns 198,278 shares of the specialty retailer’s stock valued at $44,823,000 after buying an additional 47,253 shares during the last quarter. First American Trust FSB purchased a new position in Ulta Beauty during the fourth quarter valued at $2,869,000. Finally, Alps Advisors Inc. raised its stake in Ulta Beauty by 34.8% during the third quarter. Alps Advisors Inc. now owns 2,613 shares of the specialty retailer’s stock valued at $591,000 after buying an additional 674 shares during the last quarter. Institutional investors and hedge funds own 91.96% of the company’s stock.
Shares of Ulta Beauty Inc (NASDAQ ULTA) opened at $205.92 on Monday. The company has a market capitalization of $12,559.55, a price-to-earnings ratio of 26.81, a P/E/G ratio of 1.01 and a beta of 0.62. Ulta Beauty Inc has a 1 year low of $187.96 and a 1 year high of $314.86.
COPYRIGHT VIOLATION WARNING: “RiverPark Advisors LLC Buys 6,077 Shares of Ulta Beauty Inc (ULTA)” was published by American Banking News and is owned by of American Banking News. If you are reading this report on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright law. The correct version of this report can be read at https://www.americanbankingnews.com/2018/03/12/riverpark-advisors-llc-buys-6077-shares-of-ulta-beauty-inc-ulta.html.
Ulta Beauty Company Profile
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.
Want to see what other hedge funds are holding ULTA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ulta Beauty Inc (NASDAQ:ULTA).
Receive News & Ratings for Ulta Beauty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ulta Beauty and related companies with MarketBeat.com's FREE daily email newsletter.