Ulta Beauty, Inc. (NASDAQ:ULTA) Shares Purchased by Virtu Financial LLC

Virtu Financial LLC boosted its holdings in shares of Ulta Beauty, Inc. (NASDAQ:ULTA - Free Report) by 50.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,086 shares of the specialty retailer's stock after buying an additional 1,702 shares during the period. Virtu Financial LLC's holdings in Ulta Beauty were worth $1,979,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. International Assets Investment Management LLC raised its stake in 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 acquiring an additional 1,237,884 shares during the last quarter. Ontario Teachers Pension Plan Board acquired a new stake in shares of Ulta Beauty during the third quarter worth about $359,480,000. Holocene Advisors LP boosted its position in Ulta Beauty by 3,246.2% in the third 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 acquired a new position in Ulta Beauty in the 3rd quarter worth approximately $73,069,000. Finally, Hsbc Holdings PLC increased its holdings in Ulta Beauty by 87.3% in the 2nd quarter. Hsbc Holdings PLC now owns 337,882 shares of the specialty retailer's stock worth $130,380,000 after buying an additional 157,497 shares during the period. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Ulta Beauty Stock Up 0.0 %

Shares of Ulta Beauty stock traded up $0.20 on Friday, hitting $424.11. 655,505 shares of the company were exchanged, compared to its average volume of 982,607. The company has a 50-day moving average price of $377.54 and a 200 day moving average price of $377.83. The stock has a market capitalization of $19.67 billion, a price-to-earnings ratio of 16.96, a price-to-earnings-growth ratio of 2.42 and a beta of 1.32. Ulta Beauty, Inc. has a 1-year low of $318.17 and a 1-year high of $574.76.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last issued its earnings results on Thursday, December 5th. The specialty retailer reported $5.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.45 by $0.69. The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.50 billion. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The company's revenue for the quarter was up 1.7% on a year-over-year basis. During the same period last year, the company earned $5.07 EPS. Research analysts forecast that Ulta Beauty, Inc. will post 23.57 EPS for the current year.

Analyst Ratings Changes

ULTA has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Ulta Beauty from $426.00 to $424.00 and set a "buy" rating on the stock in a research note on Wednesday, October 9th. Raymond James reduced their price objective on Ulta Beauty from $450.00 to $440.00 and set an "outperform" rating for the company in a research note on Monday, October 14th. Robert W. Baird decreased their price objective on Ulta Beauty from $525.00 to $485.00 and set an "outperform" rating for the company in a report on Friday, August 23rd. Telsey Advisory Group raised their target price on Ulta Beauty from $450.00 to $500.00 and gave the stock an "outperform" rating in a report on Friday, December 6th. Finally, B. Riley raised their price objective on shares of Ulta Beauty from $300.00 to $330.00 and gave the stock a "sell" rating in a research note on Friday, December 6th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $439.30.

About Ulta Beauty

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.