Trillium Asset Management LLC Sells 454 Shares of Ulta Beauty, Inc. (NASDAQ:ULTA)

Trillium Asset Management LLC decreased its holdings in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 4.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,824 shares of the specialty retailer’s stock after selling 454 shares during the quarter. Trillium Asset Management LLC’s holdings in Ulta Beauty were worth $4,708,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in ULTA. Sunbelt Securities Inc. raised its stake in shares of Ulta Beauty by 118.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 83 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 45 shares during the period. Westside Investment Management Inc. grew its holdings in Ulta Beauty by 151.5% during 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 in the last quarter. Edge Capital Group LLC bought a new stake in shares of Ulta Beauty during the fourth quarter valued at about $33,000. Harvest Fund Management Co. Ltd purchased a new stake in shares of Ulta Beauty in the third quarter worth about $41,000. Finally, Future Financial Wealth Managment LLC bought a new position in shares of Ulta Beauty in the fourth quarter valued at approximately $43,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Ulta Beauty Price Performance

Shares of Ulta Beauty stock opened at $343.72 on Thursday. Ulta Beauty, Inc. has a one year low of $309.01 and a one year high of $532.70. The business’s 50 day simple moving average is $380.41 and its two-hundred day simple moving average is $386.50. The stock has a market capitalization of $15.94 billion, a P/E ratio of 13.75, a price-to-earnings-growth ratio of 0.89 and a beta of 1.34.

Ulta Beauty (NASDAQ:ULTA) last issued its earnings results on Thursday, March 13th. The specialty retailer reported $8.46 EPS for the quarter, topping the consensus estimate of $7.13 by $1.33. The company had revenue of $3.49 billion for the quarter, compared to the consensus estimate of $3.47 billion. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The firm’s revenue for the quarter was down 1.9% on a year-over-year basis. During the same period in the previous year, the firm earned $8.08 earnings per share. Sell-side analysts expect that Ulta Beauty, Inc. will post 23.96 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Oppenheimer upped their target price on shares of Ulta Beauty from $505.00 to $515.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. Stifel Nicolaus decreased their price target on shares of Ulta Beauty from $475.00 to $400.00 and set a “hold” rating on the stock in a report on Friday, March 14th. UBS Group lifted their price objective on Ulta Beauty from $470.00 to $490.00 and gave the company a “buy” rating in a research note on Friday, December 6th. DA Davidson decreased their target price on Ulta Beauty from $510.00 to $415.00 and set a “buy” rating on the stock in a research note on Friday, March 14th. Finally, Canaccord Genuity Group dropped their price target on Ulta Beauty from $538.00 to $526.00 and set a “buy” rating for the company in a research report on Friday, March 14th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat, Ulta Beauty has a consensus rating of “Hold” and an average price target of $427.13.

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.