Versor Investments LP Lowers Position in Ulta Beauty Inc. $ULTA

Versor Investments LP trimmed its position in Ulta Beauty Inc. (NASDAQ:ULTA) by 74.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 699 shares of the specialty retailer’s stock after selling 1,996 shares during the period. Versor Investments LP’s holdings in Ulta Beauty were worth $382,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Swedbank AB grew its holdings in shares of Ulta Beauty by 6.7% during the third quarter. Swedbank AB now owns 581,506 shares of the specialty retailer’s stock valued at $317,938,000 after buying an additional 36,456 shares during the last quarter. Keybank National Association OH lifted its position in Ulta Beauty by 1.6% in the 3rd quarter. Keybank National Association OH now owns 133,889 shares of the specialty retailer’s stock valued at $73,204,000 after acquiring an additional 2,121 shares in the last quarter. Rakuten Investment Management Inc. purchased a new stake in Ulta Beauty during the 3rd quarter valued at $71,997,000. Assenagon Asset Management S.A. boosted its stake in Ulta Beauty by 90.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 36,647 shares of the specialty retailer’s stock valued at $20,037,000 after purchasing an additional 17,365 shares during the last quarter. Finally, Stance Capital LLC bought a new stake in shares of Ulta Beauty in the 2nd quarter worth $3,809,000. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Stock Performance

NASDAQ ULTA opened at $667.18 on Friday. The business’s fifty day moving average is $638.81 and its 200 day moving average is $565.10. Ulta Beauty Inc. has a fifty-two week low of $309.01 and a fifty-two week high of $700.81. The company has a market capitalization of $29.60 billion, a PE ratio of 25.58, a price-to-earnings-growth ratio of 3.19 and a beta of 0.85.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings data on Thursday, December 4th. The specialty retailer reported $5.14 EPS for the quarter, topping the consensus estimate of $4.61 by $0.53. The firm had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.70 billion. Ulta Beauty had a return on equity of 46.33% and a net margin of 9.93%.The business’s revenue for the quarter was up 12.9% compared to the same quarter last year. During the same quarter last year, the company earned $5.14 earnings per share. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. On average, sell-side analysts forecast that Ulta Beauty Inc. will post 23.96 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Evercore upped their price target on Ulta Beauty from $640.00 to $660.00 and gave the company an “outperform” rating in a report on Friday, December 5th. Telsey Advisory Group reissued an “outperform” rating and issued a $640.00 target price (up previously from $610.00) on shares of Ulta Beauty in a research report on Monday, December 1st. UBS Group raised their price target on shares of Ulta Beauty from $690.00 to $780.00 and gave the company a “buy” rating in a report on Wednesday, January 7th. Piper Sandler reissued an “overweight” rating and set a $775.00 price objective on shares of Ulta Beauty in a report on Tuesday, January 27th. Finally, Guggenheim restated a “neutral” rating on shares of Ulta Beauty in a research report on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $626.44.

Ulta Beauty Company Profile

Ulta Beauty, Inc (NASDAQ: ULTA) is a U.S.-based specialty retailer and beauty services provider focused on cosmetics, fragrance, skin care, hair care, bath and body, and beauty tools. The company operates a dual-format business that combines brick-and-mortar retail stores with an e-commerce platform, offering a broad assortment of national, prestige and mass-market brands alongside its own private-label products. In many locations Ulta also provides full-service salon treatments, positioning the company as a one-stop destination for product discovery and in-store services.

The retailer’s product mix spans color cosmetics, haircare and styling products, skin and body care, fragrance, and accessories, catering to a wide range of consumer preferences and price points.