Northern Trust Corp lifted its position in Ulta Beauty Inc (NASDAQ:ULTA) by 0.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 673,433 shares of the specialty retailer’s stock after buying an additional 2,932 shares during the period. Northern Trust Corp owned about 1.15% of Ulta Beauty worth $233,608,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of ULTA. NEXT Financial Group Inc boosted its stake in shares of Ulta Beauty by 42.0% in the second quarter. NEXT Financial Group Inc now owns 98 shares of the specialty retailer’s stock worth $34,000 after buying an additional 29 shares during the last quarter. BancorpSouth Bank raised its holdings in shares of Ulta Beauty by 2.6% during the second quarter. BancorpSouth Bank now owns 1,226 shares of the specialty retailer’s stock valued at $426,000 after buying an additional 31 shares during the last quarter. Moors & Cabot Inc. raised its holdings in shares of Ulta Beauty by 4.2% during the first quarter. Moors & Cabot Inc. now owns 972 shares of the specialty retailer’s stock valued at $340,000 after buying an additional 39 shares during the last quarter. Altman Advisors Inc. boosted its position in shares of Ulta Beauty by 0.8% during the second quarter. Altman Advisors Inc. now owns 5,589 shares of the specialty retailer’s stock worth $1,939,000 after buying an additional 47 shares during the period. Finally, Advantage Investment Management LLC boosted its position in shares of Ulta Beauty by 67.1% during the second quarter. Advantage Investment Management LLC now owns 117 shares of the specialty retailer’s stock worth $41,000 after buying an additional 47 shares during the period. Hedge funds and other institutional investors own 88.69% of the company’s stock.

Shares of NASDAQ ULTA traded down $2.87 during midday trading on Wednesday, reaching $228.55. 42,531 shares of the company traded hands, compared to its average volume of 2,301,949. Ulta Beauty Inc has a 12 month low of $224.43 and a 12 month high of $368.83. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.57 and a current ratio of 1.80. The stock’s 50-day simple moving average is $312.59 and its 200-day simple moving average is $333.88. The firm has a market cap of $13.31 billion, a PE ratio of 21.08, a PEG ratio of 1.10 and a beta of 1.07.

Ulta Beauty (NASDAQ:ULTA) last posted its earnings results on Thursday, August 29th. The specialty retailer reported $2.76 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.79 by ($0.03). The firm had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.68 billion. Ulta Beauty had a return on equity of 36.87% and a net margin of 9.86%. The company’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter last year, the business posted $2.46 earnings per share. On average, equities research analysts expect that Ulta Beauty Inc will post 11.81 EPS for the current year.

Several analysts recently commented on ULTA shares. William Blair cut Ulta Beauty to a “buy” rating in a research report on Friday, August 30th. JPMorgan Chase & Co. downgraded Ulta Beauty to a “buy” rating and cut their target price for the company from $395.00 to $317.00 in a research note on Friday, August 30th. Guggenheim set a $325.00 price target on Ulta Beauty and gave the stock a “buy” rating in a research report on Friday, August 30th. Stifel Nicolaus decreased their price target on Ulta Beauty from $315.00 to $250.00 and set a “hold” rating for the company in a research note on Friday, August 30th. Finally, Cowen lowered their price target on Ulta Beauty from $375.00 to $313.00 and set an “outperform” rating on the stock in a report on Friday, August 30th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and thirteen have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $303.10.

In related news, Director Lorna Nagler sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $354.03, for a total value of $708,060.00. Following the sale, the director now directly owns 8,368 shares in the company, valued at $2,962,523.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Sally E. Blount sold 315 shares of the stock in a transaction on Friday, June 21st. The stock was sold at an average price of $359.28, for a total transaction of $113,173.20. Following the sale, the director now owns 989 shares of the company’s stock, valued at $355,327.92. The disclosure for this sale can be found here. 4.20% of the stock is currently owned by insiders.

Ulta Beauty Profile

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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