Boston Trust Walden Corp Increases Stock Holdings in Ulta Beauty, Inc. (NASDAQ:ULTA)

Boston Trust Walden Corp increased its holdings in Ulta Beauty, Inc. (NASDAQ:ULTA) by 2.0% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 25,517 shares of the specialty retailer’s stock after purchasing an additional 510 shares during the quarter. Boston Trust Walden Corp’s holdings in Ulta Beauty were worth $9,846,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in ULTA. Nvwm LLC boosted its stake in shares of Ulta Beauty by 2.1% during the fourth quarter. Nvwm LLC now owns 1,043 shares of the specialty retailer’s stock valued at $511,000 after acquiring an additional 21 shares during the last quarter. Manchester Capital Management LLC boosted its stake in shares of Ulta Beauty by 41.2% during the 4th quarter. Manchester Capital Management LLC now owns 72 shares of the specialty retailer’s stock worth $35,000 after purchasing an additional 21 shares during the last quarter. Nkcfo LLC boosted its stake in shares of Ulta Beauty by 14.4% during the 4th quarter. Nkcfo LLC now owns 183 shares of the specialty retailer’s stock worth $90,000 after purchasing an additional 23 shares during the last quarter. Janiczek Wealth Management LLC raised its position in shares of Ulta Beauty by 32.5% in the first quarter. Janiczek Wealth Management LLC now owns 102 shares of the specialty retailer’s stock valued at $53,000 after buying an additional 25 shares during the last quarter. Finally, Bfsg LLC boosted its position in Ulta Beauty by 0.4% during the first quarter. Bfsg LLC now owns 6,284 shares of the specialty retailer’s stock worth $3,286,000 after acquiring an additional 26 shares during the last quarter. 90.39% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ULTA has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lifted their price objective on Ulta Beauty from $530.00 to $544.00 and gave the company an “overweight” rating in a research report on Friday, May 31st. Bank of America lowered their price target on Ulta Beauty from $575.00 to $425.00 and set a “neutral” rating for the company in a report on Tuesday, May 28th. Robert W. Baird cut their price objective on shares of Ulta Beauty from $625.00 to $525.00 and set an “outperform” rating on the stock in a report on Wednesday, May 29th. StockNews.com upgraded shares of Ulta Beauty from a “sell” rating to a “hold” rating in a report on Thursday, July 18th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $500.00 price target on shares of Ulta Beauty in a research report on Friday, July 19th. One analyst has rated the stock with a sell rating, ten have given a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $494.83.

Ulta Beauty Stock Up 3.1 %

ULTA stock traded up $11.43 during trading on Friday, hitting $377.23. 2,942,803 shares of the company’s stock traded hands, compared to its average volume of 860,072. The stock has a fifty day moving average price of $375.23 and a two-hundred day moving average price of $435.27. Ulta Beauty, Inc. has a 52 week low of $318.17 and a 52 week high of $574.76. The stock has a market capitalization of $18.00 billion, a price-to-earnings ratio of 14.71, a price-to-earnings-growth ratio of 1.52 and a beta of 1.37.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Thursday, May 30th. The specialty retailer reported $6.47 earnings per share for the quarter, topping the consensus estimate of $6.19 by $0.28. Ulta Beauty had a net margin of 11.13% and a return on equity of 58.06%. The firm had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.72 billion. During the same quarter in the prior year, the business earned $6.88 earnings per share. Ulta Beauty’s quarterly revenue was up 3.5% on a year-over-year basis. As a group, equities research analysts expect that Ulta Beauty, Inc. will post 25.65 EPS for the current fiscal year.

Insider Buying and Selling

In other Ulta Beauty news, Director Catherine Ann Halligan sold 100 shares of the firm’s stock in a transaction on Tuesday, July 2nd. The stock was sold at an average price of $390.08, for a total value of $39,008.00. Following the sale, the director now directly owns 2,017 shares in the company, valued at $786,791.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, insider Jodi J. Caro sold 650 shares of the stock in a transaction that occurred on Tuesday, June 25th. The stock was sold at an average price of $388.68, for a total value of $252,642.00. Following the completion of the transaction, the insider now directly owns 6,801 shares of the company’s stock, valued at approximately $2,643,412.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Catherine Ann Halligan sold 100 shares of the firm’s stock in a transaction that occurred on Tuesday, July 2nd. The shares were sold at an average price of $390.08, for a total value of $39,008.00. Following the completion of the sale, the director now owns 2,017 shares in the company, valued at $786,791.36. The disclosure for this sale can be found here. Company insiders own 0.39% of the company’s stock.

About Ulta Beauty

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.