WINTON GROUP Ltd increased its holdings in shares of Ulta Beauty, Inc. (NASDAQ:ULTA - Free Report) by 582.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,815 shares of the specialty retailer's stock after purchasing an additional 16,057 shares during the period. WINTON GROUP Ltd's holdings in Ulta Beauty were worth $8,183,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Cornerstone Investment Partners LLC grew its position in Ulta Beauty by 3.9% in the fourth quarter. Cornerstone Investment Partners LLC now owns 665 shares of the specialty retailer's stock valued at $289,000 after purchasing an additional 25 shares in the last quarter. Stonegate Investment Group LLC increased its position in shares of Ulta Beauty by 0.5% in the fourth quarter. Stonegate Investment Group LLC now owns 6,623 shares of the specialty retailer's stock valued at $2,881,000 after acquiring an additional 34 shares during the last quarter. Resonant Capital Advisors LLC raised its holdings in Ulta Beauty by 2.2% during the fourth quarter. Resonant Capital Advisors LLC now owns 1,576 shares of the specialty retailer's stock worth $685,000 after acquiring an additional 34 shares in the last quarter. Prestige Wealth Management Group LLC boosted its position in Ulta Beauty by 121.4% during the fourth quarter. Prestige Wealth Management Group LLC now owns 62 shares of the specialty retailer's stock valued at $27,000 after purchasing an additional 34 shares during the last quarter. Finally, Clear Creek Financial Management LLC grew its stake in Ulta Beauty by 4.4% in the fourth quarter. Clear Creek Financial Management LLC now owns 832 shares of the specialty retailer's stock valued at $362,000 after purchasing an additional 35 shares in the last quarter. Institutional investors own 90.39% of the company's stock.
Wall Street Analysts Forecast Growth
ULTA has been the subject of several recent analyst reports. Stifel Nicolaus cut their price objective on Ulta Beauty from $475.00 to $400.00 and set a "hold" rating for the company in a report on Friday, March 14th. TD Cowen lifted their price objective on shares of Ulta Beauty from $450.00 to $480.00 and gave the company a "hold" rating in a research report on Wednesday, January 8th. Bank of America dropped their target price on shares of Ulta Beauty from $475.00 to $380.00 and set a "neutral" rating on the stock in a report on Friday, March 14th. Oppenheimer raised their price objective on Ulta Beauty from $505.00 to $515.00 and gave the company an "outperform" rating in a research report on Tuesday, January 7th. Finally, Telsey Advisory Group reissued an "outperform" rating and set a $500.00 target price on shares of Ulta Beauty in a report on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and twelve have assigned a buy rating to the company's stock. According to MarketBeat.com, Ulta Beauty has an average rating of "Hold" and a consensus target price of $427.13.
Check Out Our Latest Stock Report on ULTA
Ulta Beauty Stock Performance
Shares of Ulta Beauty stock traded up $2.52 during trading on Monday, reaching $361.99. 266,426 shares of the company's stock were exchanged, compared to its average volume of 1,058,162. Ulta Beauty, Inc. has a 1-year low of $309.01 and a 1-year high of $529.67. The company has a market cap of $16.79 billion, a P/E ratio of 14.51, a PEG ratio of 0.89 and a beta of 1.34. The firm's 50-day moving average price is $373.67 and its 200 day moving average price is $386.41.
Ulta Beauty (NASDAQ:ULTA - Get Free Report) last posted its quarterly earnings results on Thursday, March 13th. The specialty retailer reported $8.46 earnings per share for the quarter, beating analysts' consensus estimates of $7.13 by $1.33. The company had revenue of $3.49 billion for the quarter, compared to the consensus estimate of $3.47 billion. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The firm's quarterly revenue was down 1.9% compared to the same quarter last year. During the same period last year, the company posted $8.08 EPS. As a group, equities research analysts predict that Ulta Beauty, Inc. will post 23.96 EPS for the current year.
Ulta Beauty Profile
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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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