Savant Capital LLC boosted its holdings in shares of Ulta Beauty, Inc. (NASDAQ:ULTA - Free Report) by 199.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,646 shares of the specialty retailer's stock after buying an additional 3,095 shares during the quarter. Savant Capital LLC's holdings in Ulta Beauty were worth $2,021,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in the business. Stiles Financial Services Inc bought a new position in shares of Ulta Beauty in the fourth quarter worth approximately $206,000. Stephens Inc. AR boosted its position in shares of Ulta Beauty by 12.2% in the fourth quarter. Stephens Inc. AR now owns 17,965 shares of the specialty retailer's stock worth $7,814,000 after purchasing an additional 1,951 shares during the period. Golden State Wealth Management LLC bought a new position in shares of Ulta Beauty in the fourth quarter worth approximately $233,000. Prairie Wealth Advisors Inc. bought a new position in shares of Ulta Beauty in the fourth quarter worth approximately $207,000. Finally, Ameliora Wealth Management Ltd. bought a new position in shares of Ulta Beauty in the fourth quarter worth approximately $43,000. 90.39% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on the stock. Loop Capital upped their price target on shares of Ulta Beauty from $450.00 to $480.00 and gave the stock a "buy" rating in a research report on Monday, December 9th. B. Riley upgraded shares of Ulta Beauty from a "sell" rating to a "neutral" rating and upped their target price for the stock from $330.00 to $430.00 in a research report on Tuesday, January 7th. Barclays upped their target price on shares of Ulta Beauty from $410.00 to $445.00 and gave the stock an "equal weight" rating in a research report on Thursday, January 9th. BMO Capital Markets upped their target price on shares of Ulta Beauty from $385.00 to $420.00 and gave the stock a "market perform" rating in a research report on Friday, December 6th. Finally, Telsey Advisory Group restated an "outperform" rating and set a $500.00 target price on shares of Ulta Beauty 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 issued a buy rating to the stock. Based on data from MarketBeat.com, Ulta Beauty presently has a consensus rating of "Hold" and a consensus target price of $459.22.
Get Our Latest Stock Report on Ulta Beauty
Ulta Beauty Stock Up 1.3 %
ULTA stock traded up $4.70 during trading on Friday, hitting $365.14. The company had a trading volume of 1,181,009 shares, compared to its average volume of 709,765. The firm has a market capitalization of $16.93 billion, a P/E ratio of 14.61, a PEG ratio of 0.96 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 company has a 50 day simple moving average of $414.59 and a 200-day simple moving average of $386.29.
Ulta Beauty (NASDAQ:ULTA - Get Free Report) last posted its quarterly earnings results on Thursday, December 5th. The specialty retailer reported $5.14 EPS for the quarter, topping the consensus estimate of $4.45 by $0.69. The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.50 billion. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The firm's revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the firm posted $5.07 EPS. Sell-side analysts forecast that Ulta Beauty, Inc. will post 23.96 earnings per share 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.
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