Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in Ulta Beauty Inc. (NASDAQ:ULTA) by 2.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 14,232 shares of the specialty retailer’s stock after purchasing an additional 318 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Ulta Beauty were worth $3,217,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Comerica Bank lifted its position in shares of Ulta Beauty by 37.0% in the 3rd quarter. Comerica Bank now owns 39,592 shares of the specialty retailer’s stock worth $7,986,000 after purchasing an additional 10,690 shares during the period. Advisor Group Inc. lifted its position in shares of Ulta Beauty by 6.6% in the 3rd quarter. Advisor Group Inc. now owns 10,804 shares of the specialty retailer’s stock worth $2,440,000 after purchasing an additional 673 shares during the period. Los Angeles Capital Management & Equity Research Inc. lifted its position in shares of Ulta Beauty by 0.6% in the 3rd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 172,857 shares of the specialty retailer’s stock worth $39,076,000 after purchasing an additional 995 shares during the period. Private Harbour Investment Management & Counsel LLC purchased a new stake in shares of Ulta Beauty in the 3rd quarter worth approximately $1,070,000. Finally, Toronto Dominion Bank lifted its position in shares of Ulta Beauty by 6.4% in the 3rd quarter. Toronto Dominion Bank now owns 40,161 shares of the specialty retailer’s stock worth $9,077,000 after purchasing an additional 2,398 shares during the period. 86.38% of the stock is owned by hedge funds and other institutional investors.

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In other Ulta Beauty news, Director Charles Heilbronn acquired 127,889 shares of the business’s stock in a transaction dated Friday, October 13th. The shares were purchased at an average price of $195.21 per share, for a total transaction of $24,965,211.69. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael R. Macdonald purchased 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 29th. The shares were purchased at an average price of $208.37 per share, for a total transaction of $416,740.00. Following the transaction, the director now owns 6,224 shares of the company’s stock, valued at approximately $1,296,894.88. The disclosure for this purchase can be found here. 5.20% of the stock is owned by corporate insiders.

Shares of Ulta Beauty Inc. (NASDAQ:ULTA) opened at $215.10 on Monday. The firm has a market cap of $13,210.00, a price-to-earnings ratio of 29.15, a PEG ratio of 1.33 and a beta of 0.51. Ulta Beauty Inc. has a 52 week low of $187.96 and a 52 week high of $314.86.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Thursday, August 24th. The specialty retailer reported $1.83 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.78 by $0.05. The firm had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.29 billion. Ulta Beauty had a net margin of 8.84% and a return on equity of 29.33%. The business’s quarterly revenue was up 20.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.43 earnings per share. research analysts expect that Ulta Beauty Inc. will post 8.36 earnings per share for the current fiscal year.

Several brokerages have recently weighed in on ULTA. Zacks Investment Research cut shares of Ulta Beauty from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Jefferies Group LLC set a $350.00 price target on shares of Ulta Beauty and gave the stock a “buy” rating in a research report on Monday, August 14th. Oppenheimer Holdings, Inc. cut shares of Ulta Beauty from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $330.00 to $270.00 in a research report on Tuesday, August 8th. BMO Capital Markets reissued an “outperform” rating and set a $345.00 target price on shares of Ulta Beauty in a research report on Thursday, July 27th. Finally, CIBC reissued a “market perform” rating on shares of Ulta Beauty in a research report on Monday, July 31st. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating and eleven have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $274.11.

Ulta Beauty Profile

Ulta Beauty, Inc is a holding company for the Ulta Beauty group of companies. The Company is a beauty retailer. The Company offers cosmetics, fragrance, skin, hair care products and salon services. The Company offers approximately 20,000 products from over 500 beauty brands across all categories, including the Company’s own private label.

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Institutional Ownership by Quarter for Ulta Beauty (NASDAQ:ULTA)

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