JB Capital LLC Purchases 421 Shares of Ulta Beauty, Inc. (NASDAQ:ULTA)

JB Capital LLC raised its position in Ulta Beauty, Inc. (NASDAQ:ULTA) by 5.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,178 shares of the specialty retailer’s stock after purchasing an additional 421 shares during the quarter. JB Capital LLC’s holdings in Ulta Beauty were worth $3,557,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Jensen Investment Management Inc. lifted its position in shares of Ulta Beauty by 17.9% during the 3rd quarter. Jensen Investment Management Inc. now owns 11,330 shares of the specialty retailer’s stock valued at $4,409,000 after acquiring an additional 1,720 shares during the period. Versor Investments LP bought a new stake in Ulta Beauty in the third quarter valued at $793,000. Stephens Inc. AR raised its holdings in shares of Ulta Beauty by 31.0% during the third quarter. Stephens Inc. AR now owns 16,014 shares of the specialty retailer’s stock valued at $6,231,000 after purchasing an additional 3,791 shares during the period. Chase Investment Counsel Corp boosted its position in shares of Ulta Beauty by 100.0% during the 3rd quarter. Chase Investment Counsel Corp now owns 4,000 shares of the specialty retailer’s stock worth $1,556,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its stake in shares of Ulta Beauty by 382.5% in the 3rd quarter. Thrivent Financial for Lutherans now owns 10,698 shares of the specialty retailer’s stock valued at $4,163,000 after buying an additional 8,481 shares during the period. 90.39% of the stock is owned by institutional investors and hedge funds.

Ulta Beauty Stock Down 1.5 %

NASDAQ ULTA opened at $412.15 on Monday. Ulta Beauty, Inc. has a 52 week low of $318.17 and a 52 week high of $574.76. The company has a 50 day moving average price of $414.93 and a 200 day moving average price of $385.93. The firm has a market cap of $19.11 billion, a PE ratio of 16.49, a price-to-earnings-growth ratio of 0.98 and a beta of 1.28.

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

Analyst Ratings Changes

Several research analysts have issued reports on ULTA shares. William Blair lowered Ulta Beauty from an “outperform” rating to a “market perform” rating in a report on Thursday, November 21st. Stifel Nicolaus lifted their price target on shares of Ulta Beauty from $455.00 to $475.00 and gave the company a “hold” rating in a research report on Tuesday, January 7th. Wells Fargo & Company boosted their price target on shares of Ulta Beauty from $350.00 to $370.00 and gave the company an “underweight” rating in a research note on Tuesday, January 7th. Oppenheimer raised their price objective on shares of Ulta Beauty from $505.00 to $515.00 and gave the company an “outperform” rating in a research note on Tuesday, January 7th. Finally, Raymond James decreased their target price on shares of Ulta Beauty from $450.00 to $440.00 and set an “outperform” rating for the company in a research report on Monday, October 14th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus 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.