WINTON GROUP Ltd Raises Stake in Ulta Beauty, Inc. (NASDAQ:ULTA)

WINTON GROUP Ltd boosted its holdings in shares of Ulta Beauty, Inc. (NASDAQ:ULTA - Free Report) by 582.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,815 shares of the specialty retailer's stock after purchasing an additional 16,057 shares during the quarter. WINTON GROUP Ltd's holdings in Ulta Beauty were worth $8,183,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of ULTA. Prestige Wealth Management Group LLC increased its stake in shares of Ulta Beauty by 121.4% during the fourth quarter. Prestige Wealth Management Group LLC now owns 62 shares of the specialty retailer's stock worth $27,000 after purchasing an additional 34 shares in the last quarter. Sunbelt Securities Inc. boosted its holdings in Ulta Beauty by 118.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 83 shares of the specialty retailer's stock worth $32,000 after buying an additional 45 shares during the last quarter. Westside Investment Management Inc. increased its stake in Ulta Beauty by 151.5% during the 3rd quarter. Westside Investment Management Inc. now owns 83 shares of the specialty retailer's stock worth $32,000 after buying an additional 50 shares in the last quarter. Future Financial Wealth Managment LLC purchased a new position in shares of Ulta Beauty in the fourth quarter valued at approximately $43,000. Finally, Ameliora Wealth Management Ltd. acquired a new stake in shares of Ulta Beauty in the fourth quarter worth approximately $43,000. 90.39% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ULTA has been the topic of a number of research reports. Telsey Advisory Group restated an "outperform" rating and issued a $500.00 price objective on shares of Ulta Beauty in a report on Monday, March 10th. Barclays lowered their price target on shares of Ulta Beauty from $445.00 to $327.00 and set an "equal weight" rating on the stock in a research report on Friday, March 14th. Piper Sandler cut their price objective on shares of Ulta Beauty from $425.00 to $364.00 and set a "neutral" rating for the company in a report on Friday, March 14th. Oppenheimer boosted their target price on Ulta Beauty from $505.00 to $515.00 and gave the stock an "outperform" rating in a report on Tuesday, January 7th. Finally, Bank of America reduced their price objective on Ulta Beauty from $475.00 to $380.00 and set a "neutral" rating on the stock in a research report on Friday, March 14th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $427.13.

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Ulta Beauty Stock Down 2.9 %

NASDAQ:ULTA traded down $10.87 on Friday, reaching $359.47. 1,053,364 shares of the company's stock were exchanged, compared to its average volume of 1,061,261. The firm has a market capitalization of $16.67 billion, a price-to-earnings ratio of 14.38, a price-to-earnings-growth ratio of 0.89 and a beta of 1.34. Ulta Beauty, Inc. has a 52-week low of $309.01 and a 52-week high of $529.67. The business has a fifty day moving average of $373.67 and a 200-day moving average of $386.31.

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

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.