Tredje AP fonden Grows Position in Ulta Beauty, Inc. (NASDAQ:ULTA)

Tredje AP fonden boosted its holdings in Ulta Beauty, Inc. (NASDAQ:ULTA) by 29.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 37,040 shares of the specialty retailer’s stock after acquiring an additional 8,460 shares during the quarter. Tredje AP fonden’s holdings in Ulta Beauty were worth $16,110,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Geode Capital Management LLC increased 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 valued at $461,059,000 after buying an additional 10,153 shares in the last quarter. Ontario Teachers Pension Plan Board purchased a new position in shares of Ulta Beauty in the third quarter valued at $359,480,000. Champlain Investment Partners LLC increased 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 valued at $237,519,000 after buying an additional 31,540 shares in the last quarter. Amundi increased its position in shares of Ulta Beauty by 19.7% in the fourth quarter. Amundi now owns 450,239 shares of the specialty retailer’s stock valued at $186,912,000 after buying an additional 74,013 shares in the last quarter. Finally, Holocene Advisors LP increased 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 valued at $134,737,000 after buying an additional 335,914 shares in the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on ULTA. Barclays raised their price target on Ulta Beauty from $410.00 to $445.00 and gave the company an “equal weight” rating in a research report on Thursday, January 9th. DA Davidson raised their price target on Ulta Beauty from $435.00 to $510.00 and gave the company a “buy” rating in a research report on Friday, December 6th. Piper Sandler raised their price target on Ulta Beauty from $390.00 to $394.00 and gave the company a “neutral” rating in a research report on Monday, January 6th. UBS Group increased their price objective on Ulta Beauty from $470.00 to $490.00 and gave the company a “buy” rating in a research note on Friday, December 6th. Finally, Wells Fargo & Company increased their price objective on Ulta Beauty from $350.00 to $370.00 and gave the company an “underweight” rating in a research note on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $459.22.

Ulta Beauty Trading Down 3.9 %

Shares of NASDAQ:ULTA opened at $329.23 on Thursday. The stock’s 50-day moving average price is $388.78 and its two-hundred day moving average price is $387.32. Ulta Beauty, Inc. has a 12-month low of $318.17 and a 12-month high of $574.76. The firm has a market cap of $15.27 billion, a price-to-earnings ratio of 13.17, a PEG ratio of 0.89 and a beta of 1.34.

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.