Ulta Beauty, Inc. (NASDAQ:ULTA) Shares Bought by Richard W. Paul & Associates LLC

Richard W. Paul & Associates LLC increased its position in Ulta Beauty, Inc. (NASDAQ:ULTA) by 3.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,856 shares of the specialty retailer’s stock after acquiring an additional 82 shares during the period. Richard W. Paul & Associates LLC’s holdings in Ulta Beauty were worth $1,242,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Motco increased its stake in shares of Ulta Beauty by 2.5% in the fourth quarter. Motco now owns 19,734 shares of the specialty retailer’s stock valued at $8,583,000 after purchasing an additional 482 shares during the period. Fort Sheridan Advisors LLC acquired a new stake in Ulta Beauty in the 4th quarter valued at approximately $311,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych bought a new stake in Ulta Beauty during the 4th quarter valued at $152,000. QRG Capital Management Inc. boosted its position in Ulta Beauty by 2.8% during the 4th quarter. QRG Capital Management Inc. now owns 12,155 shares of the specialty retailer’s stock worth $5,286,000 after acquiring an additional 331 shares during the period. Finally, Proficio Capital Partners LLC bought a new position in shares of Ulta Beauty in the fourth quarter worth $58,074,000. 90.39% of the stock is currently owned by institutional investors.

Ulta Beauty Price Performance

Shares of NASDAQ ULTA opened at $366.36 on Friday. Ulta Beauty, Inc. has a one year low of $318.17 and a one year high of $574.76. The business’s 50-day moving average price is $403.04 and its two-hundred day moving average price is $388.12. The company has a market capitalization of $16.99 billion, a P/E ratio of 14.66, a price-to-earnings-growth ratio of 0.89 and a beta of 1.28.

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

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Barclays lifted their price objective on shares of Ulta Beauty from $410.00 to $445.00 and gave the company an “equal weight” rating in a research note on Thursday, January 9th. Loop Capital boosted 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. UBS Group increased their price objective on shares of Ulta Beauty from $470.00 to $490.00 and gave the company a “buy” rating in a report on Friday, December 6th. Stifel Nicolaus boosted their target price on Ulta Beauty from $455.00 to $475.00 and gave the stock a “hold” rating in a report on Tuesday, January 7th. Finally, JPMorgan Chase & Co. increased their price target on Ulta Beauty from $472.00 to $480.00 and gave the company an “overweight” rating in a research note on Friday, December 6th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently 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.