Ulta Beauty, Inc. (NASDAQ:ULTA) Shares Purchased by Callan Family Office LLC

Callan Family Office LLC raised its stake in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 56.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,616 shares of the specialty retailer’s stock after purchasing an additional 586 shares during the quarter. Callan Family Office LLC’s holdings in Ulta Beauty were worth $703,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Geode Capital Management LLC increased its position in Ulta Beauty by 0.9% during the third quarter. Geode Capital Management LLC now owns 1,188,730 shares of the specialty retailer’s stock worth $461,059,000 after purchasing an additional 10,153 shares during the last quarter. Ontario Teachers Pension Plan Board acquired a new position in Ulta Beauty during the third quarter worth approximately $359,480,000. Champlain Investment Partners LLC increased its position in Ulta Beauty by 5.4% during the third quarter. Champlain Investment Partners LLC now owns 610,400 shares of the specialty retailer’s stock worth $237,519,000 after purchasing an additional 31,540 shares during the last quarter. Holocene Advisors LP increased its position in Ulta Beauty by 3,246.2% during the third quarter. Holocene Advisors LP now owns 346,262 shares of the specialty retailer’s stock worth $134,737,000 after purchasing an additional 335,914 shares during the last quarter. Finally, Swedbank AB increased its position in Ulta Beauty by 33.9% during the third quarter. Swedbank AB now owns 321,605 shares of the specialty retailer’s stock worth $125,143,000 after purchasing an additional 81,414 shares during the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Ulta Beauty Price Performance

NASDAQ ULTA opened at $355.43 on Friday. Ulta Beauty, Inc. has a 12 month low of $318.17 and a 12 month high of $574.76. The company has a market capitalization of $16.48 billion, a price-to-earnings ratio of 14.22, a price-to-earnings-growth ratio of 0.89 and a beta of 1.34. The company’s fifty day moving average price is $394.36 and its two-hundred day moving average price is $388.07.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $5.14 EPS for the quarter, beating analysts’ consensus estimates of $4.45 by $0.69. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The firm had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same period in the prior year, the firm posted $5.07 EPS. The firm’s revenue was up 1.7% compared to the same quarter last year. As a group, analysts anticipate that Ulta Beauty, Inc. will post 23.96 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. DA Davidson increased their price objective on shares of Ulta Beauty from $435.00 to $510.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. TD Cowen increased their price objective on shares of Ulta Beauty from $450.00 to $480.00 and gave the stock a “hold” rating in a research report on Wednesday, January 8th. BMO Capital Markets increased their price objective on shares of Ulta Beauty from $385.00 to $420.00 and gave the stock a “market perform” rating in a research report on Friday, December 6th. Loop Capital increased their price objective on shares of Ulta Beauty from $450.00 to $480.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Finally, Barclays increased their price objective on shares of Ulta Beauty from $410.00 to $445.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 9th. One 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 data from MarketBeat.com, Ulta Beauty presently has an average rating of “Hold” and an average target price of $459.22.

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.