Traders bought shares of Ulta Beauty Inc (NASDAQ:ULTA) on weakness during trading on Monday. $88.09 million flowed into the stock on the tick-up and $72.68 million flowed out of the stock on the tick-down, for a money net flow of $15.41 million into the stock. Of all equities tracked, Ulta Beauty had the 28th highest net in-flow for the day. Ulta Beauty traded down ($2.30) for the day and closed at $226.27

Several equities research analysts recently commented on ULTA shares. Robert W. Baird set a $265.00 price target on Ulta Beauty and gave the company a “buy” rating in a report on Monday, October 23rd. KeyCorp set a $270.00 price target on Ulta Beauty and gave the company a “buy” rating in a report on Monday, November 27th. BMO Capital Markets reissued a “hold” rating and set a $235.00 target price on shares of Ulta Beauty in a research note on Thursday, November 2nd. Cowen set a $336.00 target price on Ulta Beauty and gave the stock a “buy” rating in a research note on Friday, October 20th. Finally, Loop Capital set a $300.00 target price on Ulta Beauty and gave the stock a “buy” rating in a research note on Monday, November 27th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. Ulta Beauty presently has a consensus rating of “Buy” and an average price target of $257.39.

The firm has a market capitalization of $13,800.75, a P/E ratio of 28.99, a price-to-earnings-growth ratio of 1.40 and a beta of 0.55.

In other news, Director Charles Heilbronn acquired 127,889 shares of the company’s stock in a transaction dated Friday, October 13th. The stock was acquired at an average cost of $195.21 per share, with a total value of $24,965,211.69. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 5.20% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the stock. Comerica Bank boosted its holdings in Ulta Beauty by 37.0% in the third quarter. Comerica Bank now owns 39,592 shares of the specialty retailer’s stock valued at $7,986,000 after purchasing an additional 10,690 shares during the period. GSA Capital Partners LLP purchased a new position in Ulta Beauty in the second quarter valued at $552,000. CIBC World Markets Inc. boosted its holdings in Ulta Beauty by 63.0% in the second quarter. CIBC World Markets Inc. now owns 9,994 shares of the specialty retailer’s stock valued at $2,872,000 after purchasing an additional 3,861 shares during the period. Eagle Asset Management Inc. boosted its holdings in Ulta Beauty by 38.1% in the second quarter. Eagle Asset Management Inc. now owns 117,681 shares of the specialty retailer’s stock valued at $33,814,000 after purchasing an additional 32,455 shares during the period. Finally, Alps Advisors Inc. boosted its holdings in Ulta Beauty by 34.8% in the third quarter. Alps Advisors Inc. now owns 2,613 shares of the specialty retailer’s stock valued at $591,000 after purchasing an additional 674 shares during the period. Hedge funds and other institutional investors own 88.69% of the company’s stock.

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Ulta Beauty Company 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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