Ulta Beauty, Inc. (NASDAQ:ULTA) Shares Bought by Bensler LLC

Bensler LLC grew its holdings in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 4.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 20,194 shares of the specialty retailer’s stock after buying an additional 946 shares during the period. Bensler LLC’s holdings in Ulta Beauty were worth $8,783,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. International Assets Investment Management LLC increased its position in Ulta Beauty by 180,713.0% during 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 purchasing an additional 1,237,884 shares during the period. Geode Capital Management LLC increased its position in Ulta Beauty by 0.9% during the 3rd 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 period. Ontario Teachers Pension Plan Board acquired a new position in Ulta Beauty during the 3rd quarter worth approximately $359,480,000. Champlain Investment Partners LLC increased its position in Ulta Beauty by 5.4% during the 3rd 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 period. Finally, Alecta Tjanstepension Omsesidigt increased its position in Ulta Beauty by 14.4% during the 3rd quarter. Alecta Tjanstepension Omsesidigt now owns 516,405 shares of the specialty retailer’s stock worth $200,944,000 after purchasing an additional 65,000 shares during the period. Institutional investors and hedge funds own 90.39% of the company’s stock.

Wall Street Analyst Weigh In

ULTA has been the topic of several recent analyst reports. Telsey Advisory Group reiterated an “outperform” rating and set a $500.00 target price on shares of Ulta Beauty in a research report on Tuesday, January 7th. DA Davidson boosted their price target on Ulta Beauty from $435.00 to $510.00 and gave the stock a “buy” rating in a research note on Friday, December 6th. UBS Group boosted their price target on Ulta Beauty from $470.00 to $490.00 and gave the stock a “buy” rating in a research note on Friday, December 6th. StockNews.com raised Ulta Beauty from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th. Finally, Citigroup boosted their price target on Ulta Beauty from $450.00 to $457.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, Ulta Beauty currently has a consensus rating of “Hold” and a consensus target price of $459.22.

Ulta Beauty Stock Up 0.4 %

Shares of Ulta Beauty stock opened at $419.46 on Tuesday. Ulta Beauty, Inc. has a fifty-two week low of $318.17 and a fifty-two week high of $574.76. The firm has a market cap of $19.45 billion, a PE ratio of 16.66, a P/E/G ratio of 1.00 and a beta of 1.28. The business’s fifty day moving average is $407.85 and its two-hundred day moving average is $385.47.

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

Ulta Beauty Company 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.