D.A. Davidson & CO. lowered its stake in shares of Ulta Beauty Inc (NASDAQ:ULTA) by 55.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,445 shares of the specialty retailer’s stock after selling 1,815 shares during the period. D.A. Davidson & CO.’s holdings in Ulta Beauty were worth $323,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of ULTA. ACG Wealth purchased a new position in Ulta Beauty in the 4th quarter valued at approximately $216,000. Trust Co purchased a new position in Ulta Beauty in the 3rd quarter valued at approximately $251,000. Campbell & CO Investment Adviser LLC purchased a new position in Ulta Beauty in the 3rd quarter valued at approximately $260,000. Grandeur Peak Global Advisors LLC purchased a new position in Ulta Beauty in the 3rd quarter valued at approximately $260,000. Finally, KSA Capital Management LLC purchased a new position in Ulta Beauty in the 3rd quarter valued at approximately $271,000. 86.68% of the stock is owned by hedge funds and other institutional investors.
Shares of Ulta Beauty Inc (NASDAQ:ULTA) opened at $207.11 on Friday. Ulta Beauty Inc has a fifty-two week low of $187.96 and a fifty-two week high of $314.86. The firm has a market cap of $12,820.00, a price-to-earnings ratio of 26.48, a PEG ratio of 0.99 and a beta of 0.54.
Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings results on Thursday, November 30th. The specialty retailer reported $1.70 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.67 by $0.03. Ulta Beauty had a net margin of 7.80% and a return on equity of 25.82%. The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.34 billion. research analysts forecast that Ulta Beauty Inc will post 8.35 EPS for the current year.
ULTA has been the subject of several recent research reports. Royal Bank of Canada set a $250.00 price target on shares of Ulta Beauty and gave the company a “hold” rating in a research report on Monday, October 30th. BMO Capital Markets reissued a “hold” rating and issued a $235.00 price target on shares of Ulta Beauty in a research report on Thursday, November 2nd. Cleveland Research reissued a “hold” rating on shares of Ulta Beauty in a research report on Tuesday, November 21st. Loop Capital set a $300.00 price target on shares of Ulta Beauty and gave the company a “buy” rating in a research report on Monday, November 27th. Finally, KeyCorp set a $270.00 price target on shares of Ulta Beauty and gave the company a “buy” rating in a research report on Monday, November 27th. One analyst has rated the stock with a sell rating, ten have given a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the stock. Ulta Beauty presently has an average rating of “Buy” and an average target price of $262.91.
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Ulta Beauty Profile
Ulta Beauty, Inc is a holding company for the Ulta Beauty group of companies. The Company is a beauty retailer. The Company offers cosmetics, fragrance, skin, hair care products and salon services. The Company offers approximately 20,000 products from over 500 beauty brands across all categories, including the Company’s own private label.
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