Investment House LLC lessened its stake in shares of Ulta Beauty, Inc. (NASDAQ:ULTA - Free Report) by 40.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,930 shares of the specialty retailer's stock after selling 1,312 shares during the quarter. Investment House LLC's holdings in Ulta Beauty were worth $839,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Sunbelt Securities Inc. boosted its stake in Ulta Beauty by 118.4% in the third quarter. Sunbelt Securities Inc. now owns 83 shares of the specialty retailer's stock valued at $32,000 after acquiring an additional 45 shares in the last quarter. Westside Investment Management Inc. grew its stake in Ulta Beauty by 151.5% during the 3rd quarter. Westside Investment Management Inc. now owns 83 shares of the specialty retailer's stock worth $32,000 after buying an additional 50 shares during the last quarter. Future Financial Wealth Managment LLC purchased a new position in Ulta Beauty during the 4th quarter worth $43,000. Ameliora Wealth Management Ltd. purchased a new stake in Ulta Beauty in the fourth quarter valued at about $43,000. Finally, Harvest Fund Management Co. Ltd purchased a new stake in Ulta Beauty in the third quarter valued at about $41,000. 90.39% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
ULTA has been the subject of a number of research reports. StockNews.com raised Ulta Beauty from a "sell" rating to a "hold" rating in a report on Tuesday, January 7th. B. Riley dropped their price objective on shares of Ulta Beauty from $430.00 to $330.00 and set a "neutral" rating on the stock in a report on Friday, March 14th. Piper Sandler reduced their target price on shares of Ulta Beauty from $425.00 to $364.00 and set a "neutral" rating for the company in a report on Friday, March 14th. DA Davidson decreased their target price on shares of Ulta Beauty from $510.00 to $415.00 and set a "buy" rating for the company in a research report on Friday, March 14th. Finally, Bank of America cut their price target on Ulta Beauty from $475.00 to $380.00 and set a "neutral" rating on the stock in a research report on Friday, March 14th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat.com, Ulta Beauty has a consensus rating of "Hold" and an average target price of $427.13.
View Our Latest Stock Report on ULTA
Ulta Beauty Stock Up 4.4 %
Shares of ULTA traded up $15.59 during trading on Monday, reaching $366.16. 1,083,598 shares of the company traded hands, compared to its average volume of 1,044,812. The stock has a 50-day simple moving average of $377.57 and a 200-day simple moving average of $386.55. The stock has a market cap of $16.98 billion, a PE ratio of 14.65, a price-to-earnings-growth ratio of 0.89 and a beta of 1.34. Ulta Beauty, Inc. has a twelve month low of $309.01 and a twelve month high of $529.67.
Ulta Beauty (NASDAQ:ULTA - Get Free Report) last posted its earnings results on Thursday, March 13th. The specialty retailer reported $8.46 earnings per share for the quarter, beating the consensus estimate of $7.13 by $1.33. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The firm had revenue of $3.49 billion during the quarter, compared to the consensus estimate of $3.47 billion. During the same quarter last year, the firm earned $8.08 EPS. The firm's revenue for the quarter was down 1.9% on a year-over-year basis. On average, equities research analysts predict that Ulta Beauty, Inc. will post 23.96 EPS for the current year.
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.
Further Reading
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
MarketBeat's analysts have just released their top five short plays for April 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
