Mn Services Vermogensbeheer B.V. Has $8.48 Million Stock Position in Ulta Beauty, Inc. (NASDAQ:ULTA)

Mn Services Vermogensbeheer B.V. lifted its holdings in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 4.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,500 shares of the specialty retailer’s stock after purchasing an additional 900 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Ulta Beauty were worth $8,481,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sunbelt Securities Inc. grew its stake in Ulta Beauty by 118.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 83 shares of the specialty retailer’s stock valued at $32,000 after buying an additional 45 shares during the last quarter. Westside Investment Management Inc. grew its stake in Ulta Beauty by 151.5% in the 3rd quarter. Westside Investment Management Inc. now owns 83 shares of the specialty retailer’s stock valued at $32,000 after buying an additional 50 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new position in Ulta Beauty in the 4th quarter valued at $43,000. Ameliora Wealth Management Ltd. acquired a new position in Ulta Beauty in the 4th quarter valued at $43,000. Finally, Harvest Fund Management Co. Ltd acquired a new position in Ulta Beauty in the 3rd quarter valued at $41,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Ulta Beauty Stock Up 0.2 %

Shares of ULTA stock opened at $366.36 on Friday. Ulta Beauty, Inc. has a 12-month low of $318.17 and a 12-month high of $574.76. The company has a market capitalization of $16.99 billion, a P/E ratio of 14.66, a P/E/G ratio of 0.89 and a beta of 1.28. The firm has a 50-day moving average price of $403.04 and a 200 day moving average price of $388.12.

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

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Telsey Advisory Group reiterated an “outperform” rating and issued a $500.00 target price on shares of Ulta Beauty in a research note on Tuesday, January 7th. Loop Capital raised their target price on shares of Ulta Beauty from $450.00 to $480.00 and gave the company a “buy” rating in a research note on Monday, December 9th. Stifel Nicolaus increased their price target on shares of Ulta Beauty from $455.00 to $475.00 and gave the company a “hold” rating in a report on Tuesday, January 7th. JPMorgan Chase & Co. increased their price target on shares of Ulta Beauty from $472.00 to $480.00 and gave the company an “overweight” rating in a report on Friday, December 6th. Finally, Barclays increased their price target on shares of Ulta Beauty from $410.00 to $445.00 and gave the company an “equal weight” rating in a report on Thursday, January 9th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $459.22.

Ulta Beauty Company 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.