Vontobel Holding Ltd. Has $1.86 Million Holdings in Ulta Beauty, Inc. (NASDAQ:ULTA)

Vontobel Holding Ltd. reduced its stake in Ulta Beauty, Inc. (NASDAQ:ULTA - Free Report) by 21.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,268 shares of the specialty retailer's stock after selling 1,132 shares during the period. Vontobel Holding Ltd.'s holdings in Ulta Beauty were worth $1,856,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ULTA. Sunbelt Securities Inc. increased its stake in shares of Ulta Beauty by 118.4% during the third quarter. Sunbelt Securities Inc. now owns 83 shares of the specialty retailer's stock valued at $32,000 after buying an additional 45 shares during the period. Westside Investment Management Inc. increased its holdings in shares of Ulta Beauty by 151.5% during the third quarter. Westside Investment Management Inc. now owns 83 shares of the specialty retailer's stock valued at $32,000 after acquiring an additional 50 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new position in shares of Ulta Beauty in the 3rd quarter valued at approximately $41,000. Future Financial Wealth Managment LLC purchased a new position in shares of Ulta Beauty in the fourth quarter worth $43,000. Finally, Ameliora Wealth Management Ltd. acquired a new stake in Ulta Beauty during the fourth quarter worth about $43,000. 90.39% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. William Blair lowered Ulta Beauty from an "outperform" rating to a "market perform" rating in a research report on Thursday, November 21st. B. Riley upgraded shares of Ulta Beauty from a "sell" rating to a "neutral" rating and upped their price objective for the stock from $330.00 to $430.00 in a research report on Tuesday, January 7th. BMO Capital Markets upped their price target on Ulta Beauty from $385.00 to $420.00 and gave the stock a "market perform" rating in a report on Friday, December 6th. Wells Fargo & Company boosted their price target on shares of Ulta Beauty from $350.00 to $370.00 and gave the stock an "underweight" rating in a report on Tuesday, January 7th. Finally, Morgan Stanley raised Ulta Beauty from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $430.00 to $500.00 in a report on Tuesday, January 21st. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Ulta Beauty presently has an average rating of "Hold" and a consensus target price of $459.22.

Ulta Beauty Trading Up 0.9 %

Ulta Beauty stock traded up $3.27 during mid-day trading on Thursday, hitting $363.23. 612,451 shares of the company's stock were exchanged, compared to its average volume of 900,193. Ulta Beauty, Inc. has a 1-year low of $318.17 and a 1-year high of $574.76. The stock has a 50 day moving average of $411.27 and a two-hundred day moving average of $386.56. The stock has a market cap of $16.84 billion, a P/E ratio of 14.53, a P/E/G ratio of 0.89 and a beta of 1.28.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last issued its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $5.14 earnings per share for the quarter, beating analysts' consensus estimates of $4.45 by $0.69. The business had revenue of $2.53 billion for 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 firm's revenue was up 1.7% compared to the same quarter last year. During the same period last year, the business earned $5.07 EPS. As a group, research analysts predict that Ulta Beauty, Inc. will post 23.96 EPS for the current fiscal year.

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.