13,446 Shares in Ulta Beauty, Inc. (NASDAQ:ULTA) Bought by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. purchased a new stake in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 13,446 shares of the specialty retailer’s stock, valued at approximately $5,232,000.

Several other large investors also recently added to or reduced their stakes in ULTA. International Assets Investment Management LLC raised its holdings in Ulta Beauty by 180,713.0% in the 3rd quarter. International Assets Investment Management LLC now owns 1,238,569 shares of the specialty retailer’s stock worth $481,952,000 after acquiring an additional 1,237,884 shares during the period. Ontario Teachers Pension Plan Board acquired a new stake in Ulta Beauty in the 3rd quarter valued at approximately $359,480,000. TD Asset Management Inc increased its position in Ulta Beauty by 14.1% in the 2nd quarter. TD Asset Management Inc now owns 620,793 shares of the specialty retailer’s stock worth $239,545,000 after buying an additional 76,721 shares during the period. Alecta Tjanstepension Omsesidigt boosted its position in shares of Ulta Beauty by 14.4% in the third quarter. Alecta Tjanstepension Omsesidigt now owns 516,405 shares of the specialty retailer’s stock valued at $200,944,000 after acquiring an additional 65,000 shares during the period. Finally, Boston Partners raised its stake in Ulta Beauty by 47.7% during the 1st quarter. Boston Partners now owns 476,027 shares of the specialty retailer’s stock valued at $246,862,000 after purchasing an additional 153,727 shares during the last quarter. 90.39% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. increased their target price on shares of Ulta Beauty from $450.00 to $472.00 and gave the company an “overweight” rating in a research note on Monday, October 21st. Loop Capital lowered their price target on shares of Ulta Beauty from $520.00 to $450.00 and set a “buy” rating on the stock in a report on Tuesday, September 3rd. Citigroup decreased their target price on shares of Ulta Beauty from $375.00 to $345.00 and set a “neutral” rating on the stock in a research report on Friday, August 30th. Stifel Nicolaus raised their price target on shares of Ulta Beauty from $385.00 to $395.00 and gave the stock a “hold” rating in a research note on Thursday, October 17th. Finally, Barclays increased their target price on Ulta Beauty from $328.00 to $335.00 and gave the stock an “equal weight” rating in a report on Friday, August 30th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $420.71.

Ulta Beauty Stock Up 0.3 %

ULTA opened at $343.26 on Thursday. The stock has a market cap of $16.17 billion, a P/E ratio of 13.77, a P/E/G ratio of 1.97 and a beta of 1.33. Ulta Beauty, Inc. has a 12 month low of $318.17 and a 12 month high of $574.76. The company has a fifty day simple moving average of $378.29 and a 200 day simple moving average of $378.08.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings results on Thursday, August 29th. The specialty retailer reported $5.30 EPS for the quarter, missing analysts’ consensus estimates of $5.47 by ($0.17). Ulta Beauty had a return on equity of 54.02% and a net margin of 10.68%. The business had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.61 billion. During the same period in the prior year, the business earned $6.02 EPS. The company’s revenue for the quarter was up .9% compared to the same quarter last year. On average, equities research analysts expect that Ulta Beauty, Inc. will post 23.07 earnings per share for the current fiscal 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.