Natixis Advisors LLC Has $10.36 Million Position in Ulta Beauty, Inc. (NASDAQ:ULTA)

Natixis Advisors LLC decreased its holdings in shares of Ulta Beauty, Inc. (NASDAQ:ULTA - Free Report) by 29.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,822 shares of the specialty retailer's stock after selling 9,827 shares during the quarter. Natixis Advisors LLC owned approximately 0.05% of Ulta Beauty worth $10,361,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Smartleaf Asset Management LLC raised its position in Ulta Beauty by 28.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 166 shares of the specialty retailer's stock worth $72,000 after acquiring an additional 37 shares in the last quarter. Integrated Investment Consultants LLC bought a new stake in Ulta Beauty during the third quarter worth $4,480,000. Thrivent Financial for Lutherans raised its position in Ulta Beauty by 382.5% during the third quarter. Thrivent Financial for Lutherans now owns 10,698 shares of the specialty retailer's stock worth $4,163,000 after acquiring an additional 8,481 shares in the last quarter. Advisors Asset Management Inc. raised its position in Ulta Beauty by 11.2% during the third quarter. Advisors Asset Management Inc. now owns 17,531 shares of the specialty retailer's stock worth $6,822,000 after acquiring an additional 1,768 shares in the last quarter. Finally, Blueshift Asset Management LLC raised its position in Ulta Beauty by 1,052.6% during the third quarter. Blueshift Asset Management LLC now owns 8,218 shares of the specialty retailer's stock worth $3,198,000 after acquiring an additional 7,505 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company's stock.

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Ulta Beauty Trading Up 2.8 %

Ulta Beauty stock traded up $9.68 during trading hours on Friday, reaching $350.57. 1,730,045 shares of the stock were exchanged, compared to its average volume of 1,044,654. The company has a market cap of $16.26 billion, a P/E ratio of 14.03, 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. The stock has a 50 day moving average of $377.57 and a two-hundred day moving average of $386.36.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last announced its quarterly earnings data on Thursday, March 13th. The specialty retailer reported $8.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $7.13 by $1.33. The firm had revenue of $3.49 billion for the quarter, compared to the consensus estimate of $3.47 billion. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The business's revenue for the quarter was down 1.9% on a year-over-year basis. During the same period in the prior year, the company posted $8.08 earnings per share. On average, analysts expect that Ulta Beauty, Inc. will post 23.96 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on ULTA. JPMorgan Chase & Co. dropped their price objective on shares of Ulta Beauty from $480.00 to $475.00 and set an "overweight" rating on the stock in a research report on Friday, March 14th. Oppenheimer increased their price objective on shares of Ulta Beauty from $505.00 to $515.00 and gave the company an "outperform" rating in a research report on Tuesday, January 7th. Citigroup dropped their price objective on shares of Ulta Beauty from $405.00 to $365.00 and set a "neutral" rating on the stock in a research report on Monday, March 17th. 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 report on Friday, March 14th. Finally, TD Cowen increased their price objective on shares of Ulta Beauty from $450.00 to $480.00 and gave the company a "hold" rating in a research report on Wednesday, January 8th. One equities 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 data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $427.13.

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.