Ulta Beauty, Inc. (NASDAQ:ULTA) Shares Purchased by Mizuho Securities USA LLC

Mizuho Securities USA LLC lifted its position in Ulta Beauty, Inc. (NASDAQ:ULTA - Free Report) by 970.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 39,503 shares of the specialty retailer's stock after purchasing an additional 35,811 shares during the quarter. Mizuho Securities USA LLC owned about 0.08% of Ulta Beauty worth $15,371,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Sage Capital Advisors llc lifted its position in Ulta Beauty by 5.4% during the second quarter. Sage Capital Advisors llc now owns 525 shares of the specialty retailer's stock valued at $203,000 after buying an additional 27 shares in the last quarter. Farther Finance Advisors LLC grew its stake in Ulta Beauty by 4.7% in the third quarter. Farther Finance Advisors LLC now owns 627 shares of the specialty retailer's stock valued at $244,000 after purchasing an additional 28 shares in the last quarter. UMB Bank n.a. lifted its stake in shares of Ulta Beauty by 83.3% in the second quarter. UMB Bank n.a. now owns 66 shares of the specialty retailer's stock worth $25,000 after buying an additional 30 shares during the last quarter. AdvisorNet Financial Inc boosted its holdings in Ulta Beauty by 5.0% during the second quarter. AdvisorNet Financial Inc now owns 695 shares of the specialty retailer's stock valued at $268,000 after purchasing an additional 33 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV lifted its position in Ulta Beauty by 1.0% during the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 3,495 shares of the specialty retailer's stock worth $1,349,000 after buying an additional 33 shares in the last quarter. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Telsey Advisory Group reissued an "outperform" rating and issued a $450.00 target price on shares of Ulta Beauty in a research note on Thursday, October 17th. Wells Fargo & Company lowered their price objective on Ulta Beauty from $325.00 to $300.00 and set an "underweight" rating on the stock in a research report on Friday, August 30th. Oppenheimer reiterated an "outperform" rating and issued a $435.00 price target on shares of Ulta Beauty in a research note on Wednesday, October 16th. UBS Group decreased their target price on shares of Ulta Beauty from $550.00 to $505.00 and set a "buy" rating on the stock in a report on Friday, August 30th. Finally, Canaccord Genuity Group reduced their price objective on Ulta Beauty from $522.00 to $500.00 and set a "buy" rating on the stock in a research note on Tuesday, August 27th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat, Ulta Beauty has a consensus rating of "Hold" and an average price target of $420.71.

Ulta Beauty Stock Performance

Shares of ULTA stock traded down $17.60 during trading hours on Friday, reaching $365.17. The company had a trading volume of 1,440,970 shares, compared to its average volume of 842,438. Ulta Beauty, Inc. has a 12-month low of $318.17 and a 12-month high of $574.76. The stock has a fifty day moving average of $380.06 and a 200-day moving average of $379.18. The company has a market capitalization of $17.21 billion, a price-to-earnings ratio of 14.65, a PEG ratio of 2.10 and a beta of 1.33.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last announced its quarterly earnings data on Thursday, August 29th. The specialty retailer reported $5.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.47 by ($0.17). Ulta Beauty had a net margin of 10.68% and a return on equity of 54.02%. The company had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.61 billion. During the same quarter in the previous year, the business posted $6.02 earnings per share. The firm's revenue was up .9% on a year-over-year basis. On average, analysts forecast that Ulta Beauty, Inc. will post 23.07 EPS for the current year.

Ulta Beauty Company Profile

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.