Ulta Beauty, Inc. (NASDAQ:ULTA) Stock Holdings Reduced by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D lowered its position in Ulta Beauty, Inc. (NASDAQ:ULTA) by 1.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 18,268 shares of the specialty retailer’s stock after selling 255 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Ulta Beauty were worth $7,945,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC grew its stake in Ulta Beauty by 180,713.0% in the third quarter. International Assets Investment Management LLC now owns 1,238,569 shares of the specialty retailer’s stock valued at $481,952,000 after purchasing an additional 1,237,884 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Ulta Beauty by 0.9% in the third quarter. Geode Capital Management LLC now owns 1,188,730 shares of the specialty retailer’s stock worth $461,059,000 after buying an additional 10,153 shares during the last quarter. Ontario Teachers Pension Plan Board acquired a new stake in shares of Ulta Beauty in the third quarter worth about $359,480,000. Champlain Investment Partners LLC lifted its position in shares of Ulta Beauty by 5.4% in the third quarter. Champlain Investment Partners LLC now owns 610,400 shares of the specialty retailer’s stock worth $237,519,000 after buying an additional 31,540 shares during the last quarter. Finally, Holocene Advisors LP lifted its position in shares of Ulta Beauty by 3,246.2% in the third quarter. Holocene Advisors LP now owns 346,262 shares of the specialty retailer’s stock worth $134,737,000 after buying an additional 335,914 shares during the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on ULTA. B. Riley raised Ulta Beauty from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $330.00 to $430.00 in a research report on Tuesday, January 7th. UBS Group boosted their price target on Ulta Beauty from $470.00 to $490.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. Loop Capital boosted 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. Oppenheimer boosted their price target on Ulta Beauty from $505.00 to $515.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 7th. Finally, BMO Capital Markets boosted their price target on Ulta Beauty from $385.00 to $420.00 and gave the stock a “market perform” rating in a research report on Friday, December 6th. 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, the company has an average rating of “Hold” and a consensus target price of $459.22.

Ulta Beauty Stock Up 1.0 %

Ulta Beauty stock opened at $368.75 on Wednesday. The business has a 50 day moving average price of $413.54 and a two-hundred day moving average price of $386.55. The stock has a market cap of $17.10 billion, a price-to-earnings ratio of 14.76, a price-to-earnings-growth ratio of 0.96 and a beta of 1.28. Ulta Beauty, Inc. has a 12 month low of $318.17 and a 12 month high of $574.76.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $5.14 earnings per share for the quarter, beating the consensus estimate of $4.45 by $0.69. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same period in the prior year, the company posted $5.07 EPS. The company’s revenue was up 1.7% compared to the same quarter last year. On average, analysts expect 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.