Andra AP fonden lowered its holdings in shares of Ulta Beauty Inc (NASDAQ:ULTA) by 4.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,800 shares of the specialty retailer’s stock after selling 800 shares during the quarter. Andra AP fonden’s holdings in Ulta Beauty were worth $4,211,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sterling Investment Advisors Ltd. purchased a new stake in shares of Ulta Beauty during the 3rd quarter valued at about $25,000. Commonwealth Bank of Australia increased its position in shares of Ulta Beauty by 79.2% during the 2nd quarter. Commonwealth Bank of Australia now owns 86 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 38 shares during the last quarter. San Francisco Sentry Investment Group CA increased its holdings in Ulta Beauty by 3,900.0% in the 3rd quarter. San Francisco Sentry Investment Group CA now owns 120 shares of the specialty retailer’s stock worth $30,000 after acquiring an additional 117 shares in the last quarter. Next Capital Management LLC increased its holdings in Ulta Beauty by 206.7% in the 2nd quarter. Next Capital Management LLC now owns 92 shares of the specialty retailer’s stock worth $32,000 after acquiring an additional 62 shares in the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new stake in Ulta Beauty in the 2nd quarter worth approximately $34,000. 86.81% of the stock is owned by hedge funds and other institutional investors.
Shares of ULTA opened at $233.86 on Monday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.80 and a quick ratio of 0.57. Ulta Beauty Inc has a 1 year low of $222.00 and a 1 year high of $368.83. The company has a 50 day simple moving average of $239.82 and a two-hundred day simple moving average of $295.94. The firm has a market cap of $13.77 billion, a P/E ratio of 21.55, a price-to-earnings-growth ratio of 1.18 and a beta of 1.13.
ULTA has been the subject of several analyst reports. Citigroup lowered shares of Ulta Beauty from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $390.00 to $300.00 in a report on Friday, August 30th. Morgan Stanley lowered shares of Ulta Beauty from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $395.00 to $275.00 in a report on Friday, August 30th. William Blair reissued a “buy” rating on shares of Ulta Beauty in a report on Friday, November 22nd. Barclays initiated coverage on shares of Ulta Beauty in a report on Tuesday, November 12th. They issued an “equal weight” rating and a $251.00 target price for the company. Finally, Oppenheimer reduced their target price on shares of Ulta Beauty from $390.00 to $310.00 and set an “outperform” rating for the company in a report on Friday, August 30th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and twelve have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $289.22.
In other news, CEO Mary N. Dillon bought 1,300 shares of the stock in a transaction dated Thursday, September 26th. The stock was purchased at an average cost of $237.17 per share, for a total transaction of $308,321.00. Following the transaction, the chief executive officer now owns 79,256 shares of the company’s stock, valued at $18,797,145.52. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Charles Heilbronn bought 70,009 shares of the stock in a transaction dated Monday, September 30th. The shares were purchased at an average price of $248.66 per share, with a total value of $17,408,437.94. Following the completion of the transaction, the director now directly owns 60,368 shares in the company, valued at approximately $15,011,106.88. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 186,567 shares of company stock valued at $44,964,903. Insiders own 4.20% of the company’s stock.
Ulta Beauty Company Profile
Ulta Beauty, Inc operates as a beauty retailer in the United States. The company's stores offer cosmetics, fragrances, skincare and haircare products, bath and body products, and salon styling tools; salon services, including hair, skin, makeup, and brow services; and others, including nail products and accessories.
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