Aubrey Capital Management Ltd lessened its holdings in Ulta Beauty Inc (NASDAQ:ULTA) by 12.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 13,200 shares of the specialty retailer’s stock after selling 1,800 shares during the quarter. Ulta Beauty makes up approximately 2.2% of Aubrey Capital Management Ltd’s holdings, making the stock its 15th biggest holding. Aubrey Capital Management Ltd’s holdings in Ulta Beauty were worth $4,602,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Shine Investment Advisory Services Inc. boosted its stake in shares of Ulta Beauty by 85.0% in the 1st quarter. Shine Investment Advisory Services Inc. now owns 74 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 34 shares during the last quarter. Motco bought a new position in shares of Ulta Beauty in the 1st quarter valued at about $29,000. Hudock Capital Group LLC bought a new position in shares of Ulta Beauty in the 1st quarter valued at about $34,000. NuWave Investment Management LLC bought a new position in shares of Ulta Beauty in the 1st quarter valued at about $49,000. Finally, Bronfman E.L. Rothschild L.P. boosted its stake in shares of Ulta Beauty by 74.2% in the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 162 shares of the specialty retailer’s stock valued at $40,000 after purchasing an additional 69 shares during the last quarter. 88.93% of the stock is currently owned by institutional investors.

Ulta Beauty stock opened at $340.01 on Wednesday. Ulta Beauty Inc has a fifty-two week low of $224.43 and a fifty-two week high of $359.69. The company has a market cap of $19.90 billion, a P/E ratio of 31.34, a PEG ratio of 1.44 and a beta of 1.00. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.74 and a current ratio of 1.93.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Thursday, May 30th. The specialty retailer reported $3.08 earnings per share for the quarter, topping the consensus estimate of $3.06 by $0.02. Ulta Beauty had a net margin of 9.92% and a return on equity of 36.48%. The business had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.74 billion. During the same quarter last year, the firm earned $2.70 EPS. Ulta Beauty’s quarterly revenue was up 12.9% compared to the same quarter last year. Analysts expect that Ulta Beauty Inc will post 12.77 EPS for the current fiscal year.

ULTA has been the topic of several recent research reports. Jefferies Financial Group raised their target price on shares of Ulta Beauty from $335.00 to $357.00 and gave the company a “buy” rating in a research note on Friday, March 15th. UBS Group raised their target price on shares of Ulta Beauty from $310.00 to $350.00 and gave the company a “buy” rating in a research note on Monday, March 11th. BidaskClub lowered shares of Ulta Beauty from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, May 1st. Zacks Investment Research raised shares of Ulta Beauty from a “hold” rating to a “buy” rating and set a $388.00 price objective on the stock in a research note on Thursday, May 9th. Finally, Guggenheim reissued a “buy” rating and set a $375.00 price objective (up previously from $350.00) on shares of Ulta Beauty in a research note on Tuesday, May 14th. Five research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $347.58.

In other Ulta Beauty news, Director Catherine Ann Halligan sold 704 shares of the firm’s stock in a transaction that occurred on Tuesday, March 19th. The shares were sold at an average price of $342.97, for a total transaction of $241,450.88. Following the sale, the director now directly owns 10,423 shares in the company, valued at approximately $3,574,776.31. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider David C. Kimbell sold 15,452 shares of the firm’s stock in a transaction that occurred on Monday, March 25th. The stock was sold at an average price of $333.50, for a total transaction of $5,153,242.00. Following the sale, the insider now owns 13,716 shares in the company, valued at $4,574,286. The disclosure for this sale can be found here. Insiders have sold a total of 426,650 shares of company stock worth $143,531,581 over the last 90 days. Corporate insiders own 5.60% of the company’s stock.

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About Ulta Beauty

Ulta Beauty, Inc operates as a beauty retailer in the United States. The company's stores offer cosmetics, fragrances, skincare and haircare products, bath and body products, and salon styling tools; salon services, including hair, skin, makeup, and brow services; and others, including nail products and accessories.

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

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