Universal Beteiligungs und Servicegesellschaft mbH Makes New Investment in Ulta Beauty, Inc. (NASDAQ:ULTA)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Ulta Beauty, Inc. (NASDAQ:ULTA - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 169,637 shares of the specialty retailer's stock, valued at approximately $73,780,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.37% of Ulta Beauty at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in ULTA. Polar Asset Management Partners Inc. purchased a new position in Ulta Beauty in the 4th quarter worth approximately $13,222,000. Mackenzie Financial Corp lifted its stake in Ulta Beauty by 12.7% during the fourth quarter. Mackenzie Financial Corp now owns 13,958 shares of the specialty retailer's stock worth $6,071,000 after purchasing an additional 1,575 shares during the last quarter. Forum Financial Management LP lifted its stake in Ulta Beauty by 7.1% during the fourth quarter. Forum Financial Management LP now owns 620 shares of the specialty retailer's stock worth $270,000 after purchasing an additional 41 shares during the last quarter. Parr Mcknight Wealth Management Group LLC bought a new stake in Ulta Beauty during the fourth quarter worth about $1,106,000. Finally, Poehling Capital Management INC. bought a new stake in Ulta Beauty during the fourth quarter worth about $1,175,000. 90.39% of the stock is owned by institutional investors.

Insider Transactions at Ulta Beauty

In related news, insider Jodi J. Caro sold 902 shares of the firm's stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $369.16, for a total value of $332,982.32. Following the completion of the transaction, the insider now directly owns 7,632 shares of the company's stock, valued at $2,817,429.12. This trade represents a 10.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.17% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

ULTA has been the subject of several research analyst reports. Oppenheimer reaffirmed an "outperform" rating and set a $465.00 price target (up previously from $435.00) on shares of Ulta Beauty in a research note on Tuesday, May 20th. The Goldman Sachs Group raised Ulta Beauty from a "neutral" rating to a "buy" rating and boosted their target price for the company from $384.00 to $423.00 in a research note on Tuesday, April 1st. Bank of America lowered their target price on Ulta Beauty from $475.00 to $380.00 and set a "neutral" rating for the company in a research note on Friday, March 14th. BMO Capital Markets lowered their target price on Ulta Beauty from $467.00 to $404.00 and set a "market perform" rating for the company in a research note on Friday, March 14th. Finally, Citigroup reissued a "neutral" rating and issued a $425.00 target price (up previously from $365.00) on shares of Ulta Beauty in a research note on Friday, May 23rd. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and thirteen have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $424.78.

Ulta Beauty Trading Up 1.1%

ULTA stock traded up $4.78 during mid-day trading on Thursday, reaching $421.79. 1,942,966 shares of the stock traded hands, compared to its average volume of 1,052,173. Ulta Beauty, Inc. has a 52-week low of $309.01 and a 52-week high of $463.02. The company has a market cap of $19.04 billion, a P/E ratio of 16.88, a P/E/G ratio of 0.89 and a beta of 1.06. The stock's fifty day moving average is $381.61 and its 200-day moving average is $387.08.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last announced its quarterly earnings results on Thursday, May 29th. The specialty retailer reported $6.70 EPS for the quarter, topping the consensus estimate of $5.73 by $0.97. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. During the same quarter last year, the business posted $6.47 EPS. The company's revenue for the quarter was up 4.5% on a year-over-year basis. Equities research analysts expect that Ulta Beauty, Inc. will post 23.96 earnings per share for the current year.

Ulta Beauty Company Profile

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.