Mn Services Vermogensbeheer B.V. Has $8.48 Million Stake in Ulta Beauty, Inc. (NASDAQ:ULTA)

Mn Services Vermogensbeheer B.V. boosted its position in Ulta Beauty, Inc. (NASDAQ:ULTA - Free Report) by 4.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 19,500 shares of the specialty retailer's stock after purchasing an additional 900 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in Ulta Beauty were worth $8,481,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of ULTA. Ontario Teachers Pension Plan Board bought a new position in shares of Ulta Beauty in the third quarter valued at about $359,480,000. Holocene Advisors LP grew its stake in Ulta Beauty by 3,246.2% in the 3rd quarter. Holocene Advisors LP now owns 346,262 shares of the specialty retailer's stock valued at $134,737,000 after buying an additional 335,914 shares during the last quarter. Atreides Management LP bought a new position in Ulta Beauty in the 3rd quarter valued at about $73,069,000. Assenagon Asset Management S.A. lifted its position in Ulta Beauty by 258.3% during the fourth quarter. Assenagon Asset Management S.A. now owns 126,190 shares of the specialty retailer's stock worth $54,884,000 after acquiring an additional 90,972 shares during the last quarter. Finally, Edge Capital Group LLC acquired a new stake in Ulta Beauty during the fourth quarter worth approximately $33,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Ulta Beauty Price Performance

Shares of Ulta Beauty stock traded down $2.33 during trading on Tuesday, hitting $346.53. The company's stock had a trading volume of 714,067 shares, compared to its average volume of 888,997. The stock has a market cap of $16.07 billion, a price-to-earnings ratio of 13.84, a price-to-earnings-growth ratio of 0.89 and a beta of 1.28. Ulta Beauty, Inc. has a 52 week low of $318.17 and a 52 week high of $574.76. The stock has a 50-day moving average price of $401.43 and a two-hundred day moving average price of $388.82.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last released its quarterly earnings results on Thursday, December 5th. The specialty retailer reported $5.14 EPS for the quarter, beating analysts' consensus estimates of $4.45 by $0.69. The firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.50 billion. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The business's revenue was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $5.07 EPS. On average, equities analysts predict that Ulta Beauty, Inc. will post 23.96 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Stifel Nicolaus increased their target price on Ulta Beauty from $455.00 to $475.00 and gave the stock a "hold" rating in a research note on Tuesday, January 7th. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $500.00 price objective on shares of Ulta Beauty in a report on Tuesday, January 7th. UBS Group lifted their target price on Ulta Beauty from $470.00 to $490.00 and gave the stock a "buy" rating in a report on Friday, December 6th. B. Riley raised shares of Ulta Beauty from a "sell" rating to a "neutral" rating and boosted their target price for the company from $330.00 to $430.00 in a research report on Tuesday, January 7th. Finally, Oppenheimer raised their price target on shares of Ulta Beauty from $505.00 to $515.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 7th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $459.22.

Ulta Beauty 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.