KSA Capital Management LLC acquired a new position in Ulta Beauty Inc. (NASDAQ:ULTA) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 1,200 shares of the specialty retailer’s stock, valued at approximately $271,000. Ulta Beauty comprises approximately 1.4% of KSA Capital Management LLC’s investment portfolio, making the stock its 19th largest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sun Life Financial INC boosted its holdings in shares of Ulta Beauty by 4,655.6% in the second quarter. Sun Life Financial INC now owns 428 shares of the specialty retailer’s stock worth $123,000 after buying an additional 419 shares during the period. Lazard Asset Management LLC acquired a new position in shares of Ulta Beauty in the second quarter worth about $157,000. QS Investors LLC boosted its holdings in shares of Ulta Beauty by 0.8% in the second quarter. QS Investors LLC now owns 730 shares of the specialty retailer’s stock worth $210,000 after buying an additional 6 shares during the period. Cypress Capital Group acquired a new position in shares of Ulta Beauty in the second quarter worth about $218,000. Finally, QCM Cayman Ltd. acquired a new position in shares of Ulta Beauty in the second quarter worth about $248,000. 88.45% of the stock is currently owned by institutional investors.

In other news, Director Charles Heilbronn purchased 127,889 shares of the company’s stock in a transaction dated Friday, October 13th. The shares were bought at an average price of $195.21 per share, with a total value of $24,965,211.69. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 5.20% of the company’s stock.

ULTA has been the subject of several research reports. Loop Capital restated a “buy” rating and set a $300.00 price target (down from $350.00) on shares of Ulta Beauty in a report on Friday, August 25th. They noted that the move was a valuation call. Cowen set a $336.00 price target on shares of Ulta Beauty and gave the stock a “buy” rating in a report on Friday, August 25th. Jefferies Group set a $300.00 price target on shares of Ulta Beauty and gave the stock a “buy” rating in a report on Wednesday, August 23rd. Robert W. Baird set a $335.00 price target on shares of Ulta Beauty and gave the stock a “buy” rating in a report on Wednesday, August 23rd. Finally, Piper Jaffray Companies restated a “buy” rating and set a $330.00 price target on shares of Ulta Beauty in a report on Monday, August 21st. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating, twelve have issued 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 an average price target of $257.39.

Ulta Beauty Inc. (NASDAQ ULTA) opened at $223.14 on Thursday. Ulta Beauty Inc. has a 52-week low of $187.96 and a 52-week high of $314.86. The company has a market cap of $13,640.00, a P/E ratio of 28.86, a PEG ratio of 1.37 and a beta of 0.55.

ILLEGAL ACTIVITY NOTICE: “1,200 Shares in Ulta Beauty Inc. (ULTA) Acquired by KSA Capital Management LLC” was first published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this piece on another site, it was stolen and reposted in violation of international copyright legislation. The legal version of this piece can be viewed at https://theolympiareport.com/2017/12/07/1200-shares-in-ulta-beauty-inc-ulta-acquired-by-ksa-capital-management-llc.html.

About Ulta Beauty

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)

Receive News & Ratings for Ulta Beauty Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ulta Beauty Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.