Ulta Beauty, Inc. (NASDAQ:ULTA) Stock Position Decreased by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. trimmed its position in shares of Ulta Beauty, Inc. (NASDAQ:ULTAFree Report) by 3.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,509 shares of the specialty retailer’s stock after selling 219 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Ulta Beauty were worth $2,533,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in ULTA. UMB Bank n.a. increased its stake in shares of Ulta Beauty by 83.3% during the 2nd quarter. UMB Bank n.a. now owns 66 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 30 shares during the last quarter. LRI Investments LLC bought a new stake in Ulta Beauty in the first quarter worth $31,000. Innealta Capital LLC acquired a new position in Ulta Beauty during the second quarter worth $32,000. Paladin Wealth LLC bought a new position in Ulta Beauty during the third quarter valued at about $32,000. Finally, Oakworth Capital Inc. acquired a new stake in shares of Ulta Beauty in the second quarter worth about $36,000. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Price Performance

Shares of NASDAQ:ULTA opened at $375.25 on Thursday. The stock has a market capitalization of $17.68 billion, a price-to-earnings ratio of 15.06, a price-to-earnings-growth ratio of 2.08 and a beta of 1.33. The business’s fifty day moving average price is $374.99 and its two-hundred day moving average price is $376.68. Ulta Beauty, Inc. has a fifty-two week low of $318.17 and a fifty-two week high of $574.76.

Ulta Beauty (NASDAQ:ULTAGet Free Report) last announced its earnings results on Thursday, August 29th. The specialty retailer reported $5.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.47 by ($0.17). The firm had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.61 billion. Ulta Beauty had a return on equity of 54.02% and a net margin of 10.68%. The company’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter last year, the business earned $6.02 EPS. Research analysts expect that Ulta Beauty, Inc. will post 23.07 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on ULTA shares. Oppenheimer reissued an “outperform” rating and set a $435.00 price objective on shares of Ulta Beauty in a report on Wednesday, October 16th. StockNews.com upgraded shares of Ulta Beauty from a “sell” rating to a “hold” rating in a research note on Saturday, September 28th. DA Davidson decreased their price objective on shares of Ulta Beauty from $507.00 to $435.00 and set a “buy” rating for the company in a report on Friday, August 30th. Robert W. Baird cut their target price on shares of Ulta Beauty from $525.00 to $485.00 and set an “outperform” rating for the company in a research report on Friday, August 23rd. Finally, William Blair cut shares of Ulta Beauty from an “outperform” rating to a “market perform” rating in a report on Thursday, November 21st. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $420.71.

Read Our Latest Analysis on Ulta Beauty

About Ulta Beauty

(Free Report)

Ulta Beauty, Inc operates as a specialty beauty retailer in the United States. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.com website, and its mobile applications.

See Also

Want to see what other hedge funds are holding ULTA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ulta Beauty, Inc. (NASDAQ:ULTAFree Report).

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

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