Mn Services Vermogensbeheer B.V. Has $8.48 Million Holdings in Ulta Beauty, Inc. (NASDAQ:ULTA)

Mn Services Vermogensbeheer B.V. raised its stake in Ulta Beauty, Inc. (NASDAQ:ULTA) by 4.8% in the 4th quarter, HoldingsChannel reports. The fund owned 19,500 shares of the specialty retailer’s stock after buying an additional 900 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Ulta Beauty were worth $8,481,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Simmons Bank increased its position in Ulta Beauty by 14.1% in the 4th quarter. Simmons Bank now owns 5,124 shares of the specialty retailer’s stock valued at $2,229,000 after acquiring an additional 634 shares in the last quarter. Argonautica Private Wealth Management Inc. grew its position in shares of Ulta Beauty by 4.2% during the 4th quarter. Argonautica Private Wealth Management Inc. now owns 861 shares of the specialty retailer’s stock worth $374,000 after buying an additional 35 shares during the period. Todd Asset Management LLC grew its position in shares of Ulta Beauty by 12.7% during the 4th quarter. Todd Asset Management LLC now owns 61,762 shares of the specialty retailer’s stock worth $26,862,000 after buying an additional 6,947 shares during the period. Avalon Capital Management acquired a new stake in shares of Ulta Beauty during the 4th quarter worth approximately $684,000. Finally, Processus Wealth & Capital Management LLC grew its position in shares of Ulta Beauty by 3.4% during the 4th quarter. Processus Wealth & Capital Management LLC now owns 3,628 shares of the specialty retailer’s stock worth $1,578,000 after buying an additional 119 shares during the period. Institutional investors and hedge funds own 90.39% of the company’s stock.

Ulta Beauty Stock Performance

Shares of ULTA opened at $366.36 on Friday. The firm’s 50 day moving average price is $403.04 and its two-hundred day moving average price is $388.12. The firm has a market cap of $16.99 billion, a P/E ratio of 14.66, a PEG ratio of 0.89 and a beta of 1.28. Ulta Beauty, Inc. has a twelve month low of $318.17 and a twelve month high of $574.76.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $5.14 EPS for the quarter, topping analysts’ consensus estimates of $4.45 by $0.69. The business 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 firm’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $5.07 earnings per share. On average, sell-side analysts anticipate that Ulta Beauty, Inc. will post 23.96 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. TD Cowen lifted their price target 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. Loop Capital lifted their price target 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. Barclays lifted their price target 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. Wells Fargo & Company lifted their price target on shares of Ulta Beauty from $350.00 to $370.00 and gave the stock an “underweight” rating in a research report on Tuesday, January 7th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Ulta Beauty from $472.00 to $480.00 and gave the stock an “overweight” rating in a research report on Friday, December 6th. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target 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.