Ulta Beauty, Inc. (NASDAQ:ULTA) Shares Bought by Winslow Asset Management Inc.

Winslow Asset Management Inc. grew its holdings in Ulta Beauty, Inc. (NASDAQ:ULTA) by 0.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 17,118 shares of the specialty retailer’s stock after buying an additional 151 shares during the quarter. Winslow Asset Management Inc.’s holdings in Ulta Beauty were worth $6,661,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of ULTA. Choreo LLC increased its holdings in Ulta Beauty by 71.7% during the 2nd quarter. Choreo LLC now owns 2,868 shares of the specialty retailer’s stock worth $1,103,000 after purchasing an additional 1,198 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Ulta Beauty by 10.2% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 89,799 shares of the specialty retailer’s stock valued at $46,954,000 after acquiring an additional 8,337 shares in the last quarter. Susquehanna Fundamental Investments LLC purchased a new position in Ulta Beauty in the second quarter worth approximately $19,136,000. Whittier Trust Co. of Nevada Inc. grew its holdings in Ulta Beauty by 5.3% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 2,778 shares of the specialty retailer’s stock worth $1,072,000 after acquiring an additional 139 shares in the last quarter. Finally, Sei Investments Co. increased its position in shares of Ulta Beauty by 24.8% in the 1st quarter. Sei Investments Co. now owns 54,124 shares of the specialty retailer’s stock valued at $28,301,000 after purchasing an additional 10,756 shares during the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Ulta Beauty Price Performance

ULTA opened at $380.54 on Tuesday. The business has a 50 day simple moving average of $378.86 and a 200-day simple moving average of $379.82. Ulta Beauty, Inc. has a 12 month low of $318.17 and a 12 month high of $574.76. The stock has a market capitalization of $17.93 billion, a P/E ratio of 15.27, a P/E/G ratio of 2.21 and a beta of 1.33.

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

Wall Street Analysts Forecast Growth

ULTA has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft cut their target price on Ulta Beauty from $426.00 to $424.00 and set a “buy” rating on the stock in a research report on Wednesday, October 9th. DA Davidson reduced their price objective on shares of Ulta Beauty from $507.00 to $435.00 and set a “buy” rating for the company in a research report on Friday, August 30th. The Goldman Sachs Group dropped their target price on shares of Ulta Beauty from $475.00 to $412.00 and set a “neutral” rating on the stock in a research report on Monday, August 12th. Citigroup reduced their target price on Ulta Beauty from $375.00 to $345.00 and set a “neutral” rating for the company in a report on Friday, August 30th. Finally, StockNews.com raised Ulta Beauty from a “sell” rating to a “hold” rating in a research report on Saturday, September 28th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, Ulta Beauty has an average rating of “Hold” and a consensus price target of $420.71.

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.