Ulta Beauty, Inc. (NASDAQ:ULTA) Shares Sold by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. cut its holdings in Ulta Beauty, Inc. (NASDAQ:ULTA) by 2.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,600 shares of the specialty retailer’s stock after selling 500 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Ulta Beauty were worth $7,238,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Meeder Advisory Services Inc. raised its holdings in shares of Ulta Beauty by 5.8% during the 1st quarter. Meeder Advisory Services Inc. now owns 478 shares of the specialty retailer’s stock valued at $250,000 after purchasing an additional 26 shares in the last quarter. Sage Capital Advisors llc increased its position in Ulta Beauty by 5.4% during the second quarter. Sage Capital Advisors llc now owns 525 shares of the specialty retailer’s stock worth $203,000 after buying an additional 27 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in Ulta Beauty by 4.7% during the third quarter. Farther Finance Advisors LLC now owns 627 shares of the specialty retailer’s stock valued at $244,000 after buying an additional 28 shares in the last quarter. UMB Bank n.a. lifted its position in shares of Ulta Beauty by 83.3% in the second quarter. UMB Bank n.a. now owns 66 shares of the specialty retailer’s stock worth $25,000 after buying an additional 30 shares during the last quarter. Finally, AdvisorNet Financial Inc boosted its stake in shares of Ulta Beauty by 5.0% during the 2nd quarter. AdvisorNet Financial Inc now owns 695 shares of the specialty retailer’s stock worth $268,000 after acquiring an additional 33 shares in the last quarter. 90.39% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Oppenheimer restated an “outperform” rating and issued a $435.00 target price on shares of Ulta Beauty in a report on Wednesday, October 16th. Citigroup decreased their price objective on shares of Ulta Beauty from $375.00 to $345.00 and set a “neutral” rating for the company in a report on Friday, August 30th. Loop Capital dropped their target price on shares of Ulta Beauty from $520.00 to $450.00 and set a “buy” rating on the stock in a report on Tuesday, September 3rd. TD Cowen decreased their price target on shares of Ulta Beauty from $390.00 to $380.00 and set a “hold” rating for the company in a report on Thursday, October 17th. Finally, Barclays raised their price target on Ulta Beauty from $328.00 to $335.00 and gave the company an “equal weight” rating in a research report on Friday, August 30th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $420.71.

Ulta Beauty Stock Up 1.2 %

NASDAQ ULTA opened at $387.53 on Thursday. The stock has a market cap of $18.26 billion, a P/E ratio of 15.55, a PEG ratio of 2.21 and a beta of 1.33. Ulta Beauty, Inc. has a twelve month low of $318.17 and a twelve month high of $574.76. The company’s 50-day simple moving average is $377.14 and its 200 day simple moving average is $380.63.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Thursday, August 29th. The specialty retailer reported $5.30 earnings per share for the quarter, missing the consensus estimate of $5.47 by ($0.17). The company had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.61 billion. Ulta Beauty had a net margin of 10.68% and a return on equity of 54.02%. The company’s revenue for the quarter was up .9% on a year-over-year basis. During the same quarter in the prior year, the company posted $6.02 earnings per share. Research analysts anticipate that Ulta Beauty, Inc. will post 23.07 earnings per share for the current year.

About Ulta Beauty

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.