Thompson Siegel & Walmsley LLC Invests $21.48 Million in Ulta Beauty, Inc. (NASDAQ:ULTA)

Thompson Siegel & Walmsley LLC purchased a new stake in Ulta Beauty, Inc. (NASDAQ:ULTA) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 55,192 shares of the specialty retailer’s stock, valued at approximately $21,476,000.

Several other institutional investors and hedge funds also recently bought and sold shares of ULTA. International Assets Investment Management LLC boosted its position in shares of Ulta Beauty by 180,713.0% during the third quarter. International Assets Investment Management LLC now owns 1,238,569 shares of the specialty retailer’s stock worth $481,952,000 after buying an additional 1,237,884 shares during the period. Ontario Teachers Pension Plan Board acquired a new stake in Ulta Beauty during the 3rd quarter worth $359,480,000. Hsbc Holdings PLC lifted its stake in Ulta Beauty by 87.3% in the second quarter. Hsbc Holdings PLC now owns 337,882 shares of the specialty retailer’s stock valued at $130,380,000 after buying an additional 157,497 shares during the last quarter. Boston Partners raised its holdings in shares of Ulta Beauty by 47.7% in the first quarter. Boston Partners now owns 476,027 shares of the specialty retailer’s stock valued at $246,862,000 after buying an additional 153,727 shares during the last quarter. Finally, Swedbank AB grew its stake in shares of Ulta Beauty by 107.0% in the 2nd quarter. Swedbank AB now owns 240,191 shares of the specialty retailer’s stock valued at $92,683,000 after purchasing an additional 124,164 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ULTA has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft cut their price objective on 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 reduced their target price on Ulta Beauty from $450.00 to $440.00 and set an “outperform” rating on the stock in a report on Monday, October 14th. Barclays increased their target price on Ulta Beauty from $328.00 to $335.00 and gave the company an “equal weight” rating in a research note on Friday, August 30th. William Blair downgraded shares of Ulta Beauty from an “outperform” rating to a “market perform” rating in a research report on Thursday. Finally, StockNews.com raised shares of Ulta Beauty from a “sell” rating to a “hold” rating in a research report on Saturday, September 28th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $420.71.

Ulta Beauty Trading Up 0.3 %

NASDAQ:ULTA opened at $343.26 on Thursday. Ulta Beauty, Inc. has a 1 year low of $318.17 and a 1 year high of $574.76. The firm has a market capitalization of $16.17 billion, a PE ratio of 13.77, a PEG ratio of 1.97 and a beta of 1.33. The firm’s fifty day simple moving average is $378.29 and its 200 day simple moving average is $378.08.

Ulta Beauty (NASDAQ:ULTA) last issued its earnings results on Thursday, August 29th. The specialty retailer reported $5.30 EPS for the quarter, missing the consensus estimate of $5.47 by ($0.17). Ulta Beauty had a return on equity of 54.02% and a net margin of 10.68%. The firm had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.61 billion. During the same period last year, the business earned $6.02 earnings per share. The firm’s revenue for the quarter was up .9% compared to the same quarter last year. As a group, analysts anticipate that Ulta Beauty, Inc. will post 23.07 EPS for the current fiscal year.

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.