Riverpark Capital Management LLC lifted its position in shares of Ulta Beauty Inc (NASDAQ:ULTA) by 86.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 86,882 shares of the specialty retailer’s stock after purchasing an additional 40,386 shares during the period. Ulta Beauty accounts for 2.8% of Riverpark Capital Management LLC’s portfolio, making the stock its 18th largest holding. Riverpark Capital Management LLC owned 0.14% of Ulta Beauty worth $19,432,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. ACG Wealth bought a new stake in shares of Ulta Beauty during the 4th quarter worth about $216,000. Sapphire Star Partners LP bought a new stake in shares of Ulta Beauty during the 4th quarter worth about $224,000. BancorpSouth Bank bought a new stake in shares of Ulta Beauty during the 4th quarter worth about $230,000. Bluestein R H & Co. bought a new stake in shares of Ulta Beauty during the 4th quarter worth about $233,000. Finally, Trust Co bought a new stake in shares of Ulta Beauty during the 3rd quarter worth about $251,000. Institutional investors own 91.96% of the company’s stock.
Shares of Ulta Beauty Inc (ULTA) opened at $205.92 on Monday. Ulta Beauty Inc has a twelve month low of $187.96 and a twelve month high of $314.86. The firm has a market cap of $12,559.55, a P/E ratio of 26.81, a PEG ratio of 1.01 and a beta of 0.62.
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Ulta Beauty 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.
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