Robecosam AG decreased its holdings in shares of Ulta Beauty Inc (NASDAQ:ULTA) by 15.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,081 shares of the specialty retailer’s stock after selling 2,090 shares during the period. Robecosam AG’s holdings in Ulta Beauty were worth $3,814,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also made changes to their positions in the company. Shine Investment Advisory Services Inc. lifted its position in shares of Ulta Beauty by 85.0% during the 1st quarter. Shine Investment Advisory Services Inc. now owns 74 shares of the specialty retailer’s stock valued at $26,000 after buying an additional 34 shares in the last quarter. Legacy Advisors LLC purchased a new position in shares of Ulta Beauty during the 2nd quarter valued at approximately $26,000. Motco purchased a new position in shares of Ulta Beauty during the 1st quarter valued at approximately $29,000. Hudock Capital Group LLC purchased a new position in shares of Ulta Beauty during the 1st quarter valued at approximately $34,000. Finally, NEXT Financial Group Inc lifted its position in shares of Ulta Beauty by 42.0% during the 2nd quarter. NEXT Financial Group Inc now owns 98 shares of the specialty retailer’s stock valued at $34,000 after buying an additional 29 shares in the last quarter. Hedge funds and other institutional investors own 88.67% of the company’s stock.
Shares of NASDAQ ULTA traded down $16.42 during trading on Wednesday, hitting $324.78. 28,267 shares of the company were exchanged, compared to its average volume of 740,610. Ulta Beauty Inc has a 12-month low of $224.43 and a 12-month high of $368.83. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.93 and a quick ratio of 0.74. The company’s fifty day moving average is $348.51. The stock has a market cap of $19.95 billion, a price-to-earnings ratio of 30.13, a PEG ratio of 1.48 and a beta of 0.96.
Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings results on Thursday, May 30th. The specialty retailer reported $3.08 EPS for the quarter, topping the consensus estimate of $3.06 by $0.02. Ulta Beauty had a return on equity of 36.48% and a net margin of 9.92%. The business had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.74 billion. During the same quarter in the previous year, the firm earned $2.70 EPS. The company’s quarterly revenue was up 12.9% compared to the same quarter last year. On average, analysts anticipate that Ulta Beauty Inc will post 12.77 EPS for the current year.
ULTA has been the topic of a number of recent analyst reports. UBS Group increased their target price on Ulta Beauty from $370.00 to $390.00 and gave the company a “top pick” rating in a research report on Thursday, July 25th. Robert W. Baird restated an “outperform” rating and issued a $395.00 price objective (up previously from $365.00) on shares of Ulta Beauty in a report on Thursday, April 18th. Deutsche Bank raised their price objective on Ulta Beauty from $300.00 to $315.00 and gave the company a “hold” rating in a report on Monday, June 3rd. Guggenheim restated a “buy” rating and issued a $375.00 price objective (up previously from $350.00) on shares of Ulta Beauty in a report on Tuesday, May 14th. Finally, Morgan Stanley raised their price objective on Ulta Beauty from $375.00 to $395.00 and gave the company an “overweight” rating in a report on Thursday, July 18th. Seven analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Ulta Beauty has a consensus rating of “Buy” and a consensus price target of $353.39.
In other news, Director Sally E. Blount sold 315 shares of Ulta Beauty stock in a transaction on Friday, June 21st. The stock was sold at an average price of $359.28, for a total transaction of $113,173.20. Following the transaction, the director now owns 989 shares in the company, valued at approximately $355,327.92. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Catherine Ann Halligan sold 400 shares of the firm’s stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $343.02, for a total value of $137,208.00. Following the sale, the director now directly owns 2,811 shares of the company’s stock, valued at $964,229.22. The disclosure for this sale can be found here. In the last quarter, insiders have sold 2,715 shares of company stock worth $958,441. Insiders own 4.20% of the company’s stock.
About Ulta Beauty
Ulta Beauty, Inc operates as a beauty retailer in the United States. The company's stores offer cosmetics, fragrances, skincare and haircare products, bath and body products, and salon styling tools; salon services, including hair, skin, makeup, and brow services; and others, including nail products and accessories.
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