Commerzbank Aktiengesellschaft FI lifted its position in Ulta Beauty Inc. (NASDAQ:ULTA) by 240.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,622 shares of the specialty retailer’s stock after buying an additional 8,205 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Ulta Beauty were worth $2,627,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Comerica Bank boosted its stake 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 buying an additional 10,690 shares during the last quarter. GSA Capital Partners LLP purchased a new position in shares of Ulta Beauty in the 2nd quarter worth $552,000. CIBC World Markets Inc. boosted its stake in shares of Ulta Beauty by 63.0% in the 2nd quarter. CIBC World Markets Inc. now owns 9,994 shares of the specialty retailer’s stock worth $2,872,000 after buying an additional 3,861 shares during the last quarter. Eagle Asset Management Inc. boosted its stake in shares of Ulta Beauty by 38.1% in the 2nd quarter. Eagle Asset Management Inc. now owns 117,681 shares of the specialty retailer’s stock worth $33,814,000 after buying an additional 32,455 shares during the last quarter. Finally, Alps Advisors Inc. boosted its stake in shares of Ulta Beauty by 34.8% in the 3rd quarter. Alps Advisors Inc. now owns 2,613 shares of the specialty retailer’s stock worth $591,000 after buying an additional 674 shares during the last quarter. Hedge funds and other institutional investors own 88.45% of the company’s stock.

In other Ulta Beauty news, Director Charles Heilbronn acquired 127,889 shares of the stock in a transaction dated Friday, October 13th. The shares were acquired at an average cost of $195.21 per share, for a total transaction of $24,965,211.69. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 5.20% of the stock is owned by insiders.

A number of equities analysts have recently issued reports on the company. J P Morgan Chase & Co restated a “buy” rating and issued a $270.00 price target on shares of Ulta Beauty in a research note on Friday. KeyCorp set a $270.00 target price on Ulta Beauty and gave the company a “buy” rating in a research report on Sunday. Loop Capital set a $300.00 target price on Ulta Beauty and gave the company a “buy” rating in a research report on Sunday. BMO Capital Markets set a $225.00 target price on Ulta Beauty and gave the company a “hold” rating in a research report on Friday. Finally, Piper Jaffray Companies set a $206.00 target price on Ulta Beauty and gave the company a “hold” rating in a research report on Thursday, November 30th. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. Ulta Beauty currently has an average rating of “Hold” and a consensus target price of $261.12.

Ulta Beauty Inc. (ULTA) opened at $221.64 on Tuesday. Ulta Beauty Inc. has a 52-week low of $187.96 and a 52-week high of $314.86. The company has a market capitalization of $12,965.76, a PE ratio of 27.68, a PEG ratio of 1.31 and a beta of 0.55.

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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.

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

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