Tokio Marine Asset Management Co. Ltd. Has $9.56 Million Stake in Ulta Beauty, Inc. (NASDAQ:ULTA)

Tokio Marine Asset Management Co. Ltd. boosted its holdings in Ulta Beauty, Inc. (NASDAQ:ULTA - Free Report) by 1,455.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,972 shares of the specialty retailer's stock after acquiring an additional 20,559 shares during the quarter. Tokio Marine Asset Management Co. Ltd.'s holdings in Ulta Beauty were worth $9,556,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ULTA. International Assets Investment Management LLC raised its holdings in shares of Ulta Beauty by 180,713.0% in the 3rd quarter. International Assets Investment Management LLC now owns 1,238,569 shares of the specialty retailer's stock worth $481,952,000 after purchasing an additional 1,237,884 shares during the period. Geode Capital Management LLC raised its position in shares of Ulta Beauty by 0.9% during the 3rd quarter. Geode Capital Management LLC now owns 1,188,730 shares of the specialty retailer's stock valued at $461,059,000 after acquiring an additional 10,153 shares in the last quarter. Ontario Teachers Pension Plan Board acquired a new position in Ulta Beauty in the third quarter valued at approximately $359,480,000. Champlain Investment Partners LLC lifted its position in Ulta Beauty by 5.4% in the 3rd quarter. Champlain Investment Partners LLC now owns 610,400 shares of the specialty retailer's stock valued at $237,519,000 after purchasing an additional 31,540 shares during the last quarter. Finally, Alecta Tjanstepension Omsesidigt raised its holdings in shares of Ulta Beauty by 14.4% during the third quarter. Alecta Tjanstepension Omsesidigt now owns 516,405 shares of the specialty retailer's stock valued at $200,944,000 after buying an additional 65,000 shares during the last quarter. Institutional investors and hedge funds own 90.39% of the company's stock.

Ulta Beauty Price Performance

Shares of ULTA stock traded up $0.98 during trading hours on Wednesday, hitting $410.17. The stock had a trading volume of 244,377 shares, compared to its average volume of 754,397. Ulta Beauty, Inc. has a twelve month low of $318.17 and a twelve month high of $574.76. The stock's 50 day moving average is $416.81 and its 200 day moving average is $386.06. The firm has a market capitalization of $19.02 billion, a PE ratio of 16.44, a PEG ratio of 0.98 and a beta of 1.28.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last announced its quarterly earnings results on Thursday, December 5th. The specialty retailer reported $5.14 earnings per share (EPS) for the quarter, beating 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 company's revenue for the quarter was up 1.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $5.07 earnings per share. As a group, equities analysts predict that Ulta Beauty, Inc. will post 23.96 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on ULTA. Telsey Advisory Group reaffirmed an "outperform" rating and set a $500.00 target price on shares of Ulta Beauty in a research note on Tuesday, January 7th. Bank of America raised their price objective on shares of Ulta Beauty from $460.00 to $475.00 and gave the stock a "neutral" rating in a research note on Tuesday, January 7th. B. Riley upgraded Ulta Beauty from a "sell" rating to a "neutral" rating and boosted their price objective for the company from $330.00 to $430.00 in a research report on Tuesday, January 7th. Canaccord Genuity Group boosted their price target on shares of Ulta Beauty from $500.00 to $538.00 and gave the company a "buy" rating in a report on Tuesday, January 7th. Finally, DA Davidson lifted their target price on shares of Ulta Beauty from $435.00 to $510.00 and gave the company a "buy" rating in a research report on Friday, December 6th. One 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, the stock has a consensus rating of "Hold" and a consensus price target of $459.22.

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.