Ulta Beauty, Inc. (NASDAQ:ULTA) Stock Holdings Cut by Oak Family Advisors LLC

Oak Family Advisors LLC decreased its position in Ulta Beauty, Inc. (NASDAQ:ULTA) by 73.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 498 shares of the specialty retailer’s stock after selling 1,402 shares during the quarter. Oak Family Advisors LLC’s holdings in Ulta Beauty were worth $217,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Jensen Investment Management Inc. lifted its holdings in shares of Ulta Beauty by 17.9% during the third quarter. Jensen Investment Management Inc. now owns 11,330 shares of the specialty retailer’s stock valued at $4,409,000 after purchasing an additional 1,720 shares during the last quarter. Versor Investments LP purchased a new stake in shares of Ulta Beauty in the third quarter valued at $793,000. Stephens Inc. AR boosted its position in shares of Ulta Beauty by 31.0% in the third quarter. Stephens Inc. AR now owns 16,014 shares of the specialty retailer’s stock worth $6,231,000 after buying an additional 3,791 shares during the period. Chase Investment Counsel Corp raised its position in Ulta Beauty by 100.0% during the third quarter. Chase Investment Counsel Corp now owns 4,000 shares of the specialty retailer’s stock valued at $1,556,000 after buying an additional 2,000 shares during the period. Finally, Integrated Investment Consultants LLC purchased a new stake in Ulta Beauty in the 3rd quarter worth about $4,480,000. Institutional investors own 90.39% of the company’s stock.

Analyst Ratings Changes

ULTA has been the topic of several research reports. Bank of America upped their price objective on shares of Ulta Beauty from $460.00 to $475.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. Morgan Stanley raised shares of Ulta Beauty from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $430.00 to $500.00 in a research report on Tuesday, January 21st. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Ulta Beauty from $426.00 to $424.00 and set a “buy” rating for the company in a report on Wednesday, October 9th. Loop Capital lifted their price target on Ulta Beauty from $450.00 to $480.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Finally, Canaccord Genuity Group upped their price objective on shares of Ulta Beauty from $500.00 to $538.00 and gave the company a “buy” rating in a research report on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, Ulta Beauty presently has a consensus rating of “Hold” and a consensus price target of $459.22.

Ulta Beauty Stock Down 1.5 %

ULTA stock opened at $412.15 on Monday. Ulta Beauty, Inc. has a twelve month low of $318.17 and a twelve month high of $574.76. The business’s fifty day moving average is $414.93 and its 200-day moving average is $385.93. The company has a market cap of $19.11 billion, a P/E ratio of 16.49, a price-to-earnings-growth ratio of 0.98 and a beta of 1.28.

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

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.