100 Shares in Ulta Beauty, Inc. (NASDAQ:ULTA) Acquired by Ameliora Wealth Management Ltd.

Ameliora Wealth Management Ltd. purchased a new stake in Ulta Beauty, Inc. (NASDAQ:ULTA) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 100 shares of the specialty retailer’s stock, valued at approximately $43,000.

Other institutional investors have also recently bought and sold shares of the company. Paladin Wealth LLC bought a new position in Ulta Beauty in the third quarter valued at approximately $32,000. Sunbelt Securities Inc. raised its holdings in shares of Ulta Beauty by 118.4% in the third quarter. Sunbelt Securities Inc. now owns 83 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 45 shares during the last quarter. Westside Investment Management Inc. raised its holdings in shares of Ulta Beauty by 151.5% in the third quarter. Westside Investment Management Inc. now owns 83 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 50 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new stake in shares of Ulta Beauty in the fourth quarter valued at approximately $43,000. Finally, Harvest Fund Management Co. Ltd acquired a new stake in shares of Ulta Beauty in the third quarter valued at approximately $41,000. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Stock Performance

NASDAQ:ULTA opened at $401.60 on Friday. The firm has a market cap of $18.62 billion, a PE ratio of 16.07, a price-to-earnings-growth ratio of 0.98 and a beta of 1.28. Ulta Beauty, Inc. has a fifty-two week low of $318.17 and a fifty-two week high of $574.76. The business has a 50 day moving average price of $417.52 and a 200-day moving average price of $386.23.

Ulta Beauty (NASDAQ:ULTA) last announced its earnings results on Thursday, December 5th. The specialty retailer reported $5.14 EPS for the quarter, beating analysts’ consensus estimates of $4.45 by $0.69. The company 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 quarter in the prior year, the company earned $5.07 earnings per share. Research analysts predict that Ulta Beauty, Inc. will post 23.96 EPS for the current year.

Wall Street Analysts Forecast Growth

ULTA has been the topic of a number of recent analyst reports. Citigroup boosted their target price on shares of Ulta Beauty from $450.00 to $457.00 and gave the stock a “neutral” rating in a report on Tuesday, January 7th. Barclays upped their price objective on shares of Ulta Beauty from $410.00 to $445.00 and gave the company an “equal weight” rating in a report on Thursday, January 9th. Wells Fargo & Company upped their price objective on shares of Ulta Beauty from $350.00 to $370.00 and gave the company an “underweight” rating in a report on Tuesday, January 7th. Loop Capital upped their price objective on shares of Ulta Beauty from $450.00 to $480.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Finally, Raymond James cut their price objective on shares of Ulta Beauty from $450.00 to $440.00 and set an “outperform” rating for the company in a research report on Monday, October 14th. One 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’s stock. According to data from MarketBeat.com, Ulta Beauty currently has a consensus rating of “Hold” and an average target price of $459.22.

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.