Epoch Investment Partners Inc. grew its position in Ulta Beauty, Inc. (NASDAQ:ULTA - Free Report) by 3.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 362,507 shares of the specialty retailer's stock after purchasing an additional 11,241 shares during the period. Epoch Investment Partners Inc. owned approximately 0.78% of Ulta Beauty worth $157,665,000 at the end of the most recent quarter.
Other institutional investors have also recently modified their holdings of the company. Prestige Wealth Management Group LLC increased its holdings in Ulta Beauty by 121.4% in the 4th quarter. Prestige Wealth Management Group LLC now owns 62 shares of the specialty retailer's stock worth $27,000 after buying an additional 34 shares during the period. Westside Investment Management Inc. increased its stake in shares of Ulta Beauty by 151.5% in the third quarter. Westside Investment Management Inc. now owns 83 shares of the specialty retailer's stock worth $32,000 after acquiring an additional 50 shares during the period. Edge Capital Group LLC purchased a new position in shares of Ulta Beauty during the fourth quarter worth $33,000. Future Financial Wealth Managment LLC acquired a new position in Ulta Beauty during the fourth quarter valued at $43,000. Finally, Ameliora Wealth Management Ltd. purchased a new stake in Ulta Beauty in the fourth quarter valued at $43,000. 90.39% of the stock is currently owned by hedge funds and other institutional investors.
Ulta Beauty Trading Up 2.3 %
ULTA stock traded up $8.75 during mid-day trading on Thursday, reaching $386.49. The company's stock had a trading volume of 234,823 shares, compared to its average volume of 1,052,541. The stock has a market cap of $17.51 billion, a PE ratio of 15.46, a P/E/G ratio of 0.89 and a beta of 1.16. The company's 50 day moving average is $357.62 and its two-hundred day moving average is $382.22. Ulta Beauty, Inc. has a fifty-two week low of $309.01 and a fifty-two week high of $460.00.
Ulta Beauty (NASDAQ:ULTA - Get Free Report) last announced its quarterly earnings data on Thursday, March 13th. The specialty retailer reported $8.46 EPS for the quarter, topping analysts' consensus estimates of $7.13 by $1.33. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The firm had revenue of $3.49 billion for the quarter, compared to the consensus estimate of $3.47 billion. During the same quarter last year, the business posted $8.08 earnings per share. The firm's revenue was down 1.9% compared to the same quarter last year. On average, analysts forecast that Ulta Beauty, Inc. will post 23.96 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on ULTA shares. StockNews.com raised Ulta Beauty from a "sell" rating to a "hold" rating in a report on Tuesday, January 7th. Barclays decreased their price target on Ulta Beauty from $445.00 to $327.00 and set an "equal weight" rating for the company in a report on Friday, March 14th. Bank of America dropped their price objective on shares of Ulta Beauty from $475.00 to $380.00 and set a "neutral" rating on the stock in a research note on Friday, March 14th. Oppenheimer boosted their target price on shares of Ulta Beauty from $505.00 to $515.00 and gave the company an "outperform" rating in a research note on Tuesday, January 7th. Finally, B. Riley dropped their price target on shares of Ulta Beauty from $430.00 to $330.00 and set a "neutral" rating on the stock in a research report on Friday, March 14th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat, Ulta Beauty currently has a consensus rating of "Hold" and a consensus target price of $427.61.
Read Our Latest Stock Analysis on Ulta Beauty
Insider Buying and Selling
In related news, insider Jodi J. Caro sold 902 shares of the stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $369.16, for a total value of $332,982.32. Following the completion of the transaction, the insider now directly owns 7,632 shares in the company, valued at approximately $2,817,429.12. This represents a 10.57 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.39% of the stock is owned by company insiders.
About Ulta Beauty
(
Free Report)
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.
Featured Articles
Before you consider Ulta Beauty, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ulta Beauty wasn't on the list.
While Ulta Beauty currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
