Creative Financial Designs Inc. ADV Increases Stock Position in Ulta Beauty, Inc. (NASDAQ:ULTA)

Creative Financial Designs Inc. ADV raised its holdings in Ulta Beauty, Inc. (NASDAQ:ULTA) by 19.0% during the 4th quarter, Holdings Channel reports. The firm owned 395 shares of the specialty retailer’s stock after purchasing an additional 63 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Ulta Beauty were worth $172,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Thrivent Financial for Lutherans lifted its stake in shares of Ulta Beauty by 382.5% during the third quarter. Thrivent Financial for Lutherans now owns 10,698 shares of the specialty retailer’s stock valued at $4,163,000 after buying an additional 8,481 shares during the period. MAI Capital Management lifted its stake in shares of Ulta Beauty by 1.7% during the third quarter. MAI Capital Management now owns 5,586 shares of the specialty retailer’s stock valued at $2,174,000 after buying an additional 93 shares during the period. Quest Partners LLC lifted its stake in shares of Ulta Beauty by 22.3% during the third quarter. Quest Partners LLC now owns 1,197 shares of the specialty retailer’s stock valued at $466,000 after buying an additional 218 shares during the period. Pathstone Holdings LLC lifted its stake in shares of Ulta Beauty by 16.0% during the third quarter. Pathstone Holdings LLC now owns 5,581 shares of the specialty retailer’s stock valued at $2,172,000 after buying an additional 768 shares during the period. Finally, B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Ulta Beauty during the third quarter valued at approximately $1,339,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Ulta Beauty Trading Down 0.0 %

ULTA opened at $343.72 on Thursday. The company has a fifty day simple moving average of $380.41 and a 200 day simple moving average of $386.50. The firm has a market cap of $15.94 billion, a price-to-earnings ratio of 13.75, a PEG ratio of 0.89 and a beta of 1.34. Ulta Beauty, Inc. has a twelve month low of $309.01 and a twelve month high of $532.70.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings data on Thursday, March 13th. The specialty retailer reported $8.46 EPS for the quarter, beating analysts’ consensus estimates 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 posted $8.08 EPS. The firm’s revenue was down 1.9% compared to the same quarter last year. On average, analysts forecast that Ulta Beauty, Inc. will post 23.96 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Oppenheimer upped their price objective on shares of Ulta Beauty from $505.00 to $515.00 and gave the company an “outperform” rating in a research note on Tuesday, January 7th. William Blair lowered shares of Ulta Beauty from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 21st. Bank of America dropped their price target on shares of Ulta Beauty from $475.00 to $380.00 and set a “neutral” rating for the company in a research report on Friday, March 14th. BMO Capital Markets dropped their price target on shares of Ulta Beauty from $467.00 to $404.00 and set a “market perform” rating for the company in a research report on Friday, March 14th. Finally, Barclays dropped their price target on shares of Ulta Beauty from $445.00 to $327.00 and set an “equal weight” rating for the company in a research report on Friday, March 14th. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $427.13.

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.