Epoch Investment Partners Inc. Has $7.84 Million Stock Holdings in Ulta Beauty, Inc. (NASDAQ:ULTA)

Epoch Investment Partners Inc. raised its stake in Ulta Beauty, Inc. (NASDAQ:ULTAGet Rating) by 2.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 19,012 shares of the specialty retailer’s stock after buying an additional 434 shares during the period. Epoch Investment Partners Inc.’s holdings in Ulta Beauty were worth $7,839,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Dixon Hughes Goodman Wealth Advisors LLC bought a new stake in shares of Ulta Beauty in the fourth quarter worth about $25,000. North Star Investment Management Corp. acquired a new stake in shares of Ulta Beauty in the fourth quarter valued at approximately $27,000. Whittier Trust Co. of Nevada Inc. lifted its holdings in Ulta Beauty by 525.0% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 75 shares of the specialty retailer’s stock worth $31,000 after purchasing an additional 63 shares during the last quarter. Blue Bell Private Wealth Management LLC acquired a new stake in Ulta Beauty during the 4th quarter worth approximately $31,000. Finally, Farmers & Merchants Investments Inc. raised its holdings in Ulta Beauty by 72.0% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 86 shares of the specialty retailer’s stock valued at $35,000 after acquiring an additional 36 shares in the last quarter. 89.20% of the stock is currently owned by hedge funds and other institutional investors.

ULTA has been the topic of a number of research reports. BMO Capital Markets boosted their price objective on Ulta Beauty from $365.00 to $385.00 and gave the stock a “market perform” rating in a research report on Friday, March 11th. Raymond James dropped their price target on Ulta Beauty from $485.00 to $450.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 26th. Deutsche Bank Aktiengesellschaft upped their price target on Ulta Beauty from $512.00 to $522.00 and gave the stock a “buy” rating in a research note on Friday, March 11th. Zacks Investment Research raised Ulta Beauty from a “hold” rating to a “buy” rating and set a $450.00 price objective for the company in a report on Wednesday, April 20th. Finally, StockNews.com began coverage on Ulta Beauty in a report on Thursday, March 31st. They set a “hold” rating for the company. Nine research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat, Ulta Beauty presently has an average rating of “Buy” and a consensus target price of $448.86.

In other Ulta Beauty news, insider Jodi J. Caro sold 5,340 shares of the firm’s stock in a transaction dated Wednesday, March 16th. The shares were sold at an average price of $384.54, for a total transaction of $2,053,443.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.10% of the stock is currently owned by corporate insiders.

Shares of ULTA stock opened at $343.05 on Friday. Ulta Beauty, Inc. has a fifty-two week low of $312.35 and a fifty-two week high of $438.63. The stock has a market capitalization of $17.92 billion, a P/E ratio of 19.05, a price-to-earnings-growth ratio of 1.84 and a beta of 1.54. The company has a 50 day moving average price of $396.16 and a 200 day moving average price of $387.61.

Ulta Beauty (NASDAQ:ULTAGet Rating) last released its quarterly earnings results on Thursday, March 10th. The specialty retailer reported $5.41 EPS for the quarter, beating the consensus estimate of $4.61 by $0.80. The firm had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.69 billion. Ulta Beauty had a net margin of 11.42% and a return on equity of 54.42%. Ulta Beauty’s revenue for the quarter was up 24.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.41 EPS. Equities analysts forecast that Ulta Beauty, Inc. will post 18.58 earnings per share for the current fiscal year.

Ulta Beauty Company Profile (Get Rating)

Ulta Beauty, Inc operates as a retailer of beauty products in the United States. The company's stores offer cosmetics, fragrances, skincare and haircare products, bath and body products, and salon styling tools; professional hair products; salon services, including hair, skin, makeup, and brow services; and nail services.

Recommended Stories

Want to see what other hedge funds are holding ULTA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ulta Beauty, Inc. (NASDAQ:ULTAGet Rating).

Institutional Ownership by Quarter for Ulta Beauty (NASDAQ:ULTA)

Receive News & Ratings for Ulta Beauty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ulta Beauty and related companies with MarketBeat.com's FREE daily email newsletter.