AlphaMark Advisors LLC Buys 165 Shares of Ulta Beauty, Inc. (NASDAQ:ULTA)

AlphaMark Advisors LLC increased its position in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 10.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,761 shares of the specialty retailer’s stock after purchasing an additional 165 shares during the quarter. AlphaMark Advisors LLC’s holdings in Ulta Beauty were worth $766,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC lifted its holdings in shares of Ulta Beauty by 4.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 627 shares of the specialty retailer’s stock worth $244,000 after acquiring an additional 28 shares during the period. Daymark Wealth Partners LLC raised its position in Ulta Beauty by 3.0% during the second quarter. Daymark Wealth Partners LLC now owns 1,221 shares of the specialty retailer’s stock valued at $471,000 after purchasing an additional 36 shares in the last quarter. Global Trust Asset Management LLC lifted its stake in Ulta Beauty by 39.6% during the third quarter. Global Trust Asset Management LLC now owns 141 shares of the specialty retailer’s stock worth $55,000 after purchasing an additional 40 shares during the last quarter. Empirical Finance LLC boosted its holdings in shares of Ulta Beauty by 1.3% in the 3rd quarter. Empirical Finance LLC now owns 3,231 shares of the specialty retailer’s stock valued at $1,257,000 after purchasing an additional 42 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of Ulta Beauty by 0.9% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 4,817 shares of the specialty retailer’s stock valued at $1,874,000 after purchasing an additional 43 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Wells Fargo & Company upped their price objective on Ulta Beauty from $350.00 to $370.00 and gave the stock an “underweight” rating in a research report on Tuesday, January 7th. William Blair downgraded shares of Ulta Beauty from an “outperform” rating to a “market perform” rating in a research note on Thursday, November 21st. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Ulta Beauty from $426.00 to $424.00 and set a “buy” rating for the company in a research report on Wednesday, October 9th. Raymond James cut their target price on shares of Ulta Beauty from $450.00 to $440.00 and set an “outperform” rating on the stock in a research report on Monday, October 14th. Finally, Morgan Stanley upgraded shares of Ulta Beauty from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $430.00 to $500.00 in a report on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $459.22.

Ulta Beauty Trading Down 0.2 %

ULTA stock opened at $417.83 on Friday. The firm has a market cap of $19.37 billion, a PE ratio of 16.72, a price-to-earnings-growth ratio of 1.00 and a beta of 1.28. The stock has a 50-day moving average price of $407.85 and a 200-day moving average price of $385.62. Ulta Beauty, Inc. has a 1-year low of $318.17 and a 1-year high of $574.76.

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

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.