Ulta Beauty, Inc. (NASDAQ:ULTA) Shares Acquired by LaFleur & Godfrey LLC

LaFleur & Godfrey LLC boosted its position in Ulta Beauty, Inc. (NASDAQ:ULTA) by 32.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,455 shares of the specialty retailer’s stock after purchasing an additional 596 shares during the quarter. LaFleur & Godfrey LLC’s holdings in Ulta Beauty were worth $1,068,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Amalgamated Bank boosted its position in shares of Ulta Beauty by 17.4% during the second quarter. Amalgamated Bank now owns 12,429 shares of the specialty retailer’s stock worth $4,796,000 after buying an additional 1,842 shares during the period. Brighton Jones LLC raised its stake in Ulta Beauty by 1.8% during the 2nd quarter. Brighton Jones LLC now owns 1,826 shares of the specialty retailer’s stock valued at $705,000 after acquiring an additional 33 shares in the last quarter. Canada Pension Plan Investment Board boosted its position in Ulta Beauty by 78.5% during the 2nd quarter. Canada Pension Plan Investment Board now owns 43,111 shares of the specialty retailer’s stock worth $16,635,000 after acquiring an additional 18,962 shares during the period. Pacer Advisors Inc. grew its stake in shares of Ulta Beauty by 1.1% in the second quarter. Pacer Advisors Inc. now owns 4,421 shares of the specialty retailer’s stock worth $1,706,000 after purchasing an additional 49 shares in the last quarter. Finally, ProShare Advisors LLC increased its holdings in shares of Ulta Beauty by 220.2% during the second quarter. ProShare Advisors LLC now owns 19,726 shares of the specialty retailer’s stock valued at $7,612,000 after purchasing an additional 13,566 shares during the period. 90.39% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. upped their price objective on shares of Ulta Beauty from $472.00 to $480.00 and gave the stock an “overweight” rating in a report on Friday, December 6th. UBS Group upped their price target on shares of Ulta Beauty from $470.00 to $490.00 and gave the stock a “buy” rating in a research note on Friday, December 6th. Raymond James decreased their price objective on shares of Ulta Beauty from $450.00 to $440.00 and set an “outperform” rating for the company in a report on Monday, October 14th. TD Cowen boosted their target price on Ulta Beauty from $450.00 to $480.00 and gave the stock a “hold” rating in a report on Wednesday, January 8th. Finally, Loop Capital upped their target price on Ulta Beauty from $450.00 to $480.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and eleven have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $460.30.

Ulta Beauty Price Performance

NASDAQ ULTA opened at $405.01 on Monday. The firm has a market capitalization of $18.78 billion, a price-to-earnings ratio of 16.21, a price-to-earnings-growth ratio of 1.00 and a beta of 1.28. The company has a 50 day simple moving average of $404.03 and a 200-day simple moving average of $384.70. Ulta Beauty, Inc. has a 52-week low of $318.17 and a 52-week high of $574.76.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $5.14 earnings per share for the quarter, beating the consensus estimate of $4.45 by $0.69. The firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.50 billion. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The company’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter last year, the firm earned $5.07 earnings per share. On average, analysts predict that Ulta Beauty, Inc. will post 23.93 EPS 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.