Mendota Financial Group LLC Has $153,000 Stock Holdings in Ulta Beauty, Inc. (NASDAQ:ULTA)

Mendota Financial Group LLC decreased its position in Ulta Beauty, Inc. (NASDAQ:ULTA) by 25.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 351 shares of the specialty retailer’s stock after selling 120 shares during the period. Mendota Financial Group LLC’s holdings in Ulta Beauty were worth $153,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in ULTA. Farther Finance Advisors LLC raised its holdings in Ulta Beauty by 4.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 627 shares of the specialty retailer’s stock worth $244,000 after buying an additional 28 shares during the period. Brighton Jones LLC raised its holdings in shares of Ulta Beauty by 1.8% during the second quarter. Brighton Jones LLC now owns 1,826 shares of the specialty retailer’s stock worth $705,000 after acquiring an additional 33 shares during the period. Daymark Wealth Partners LLC lifted its position in Ulta Beauty by 3.0% in the 2nd quarter. Daymark Wealth Partners LLC now owns 1,221 shares of the specialty retailer’s stock valued at $471,000 after acquiring an additional 36 shares in the last quarter. Trust Investment Advisors boosted its stake in Ulta Beauty by 2.5% in the 2nd quarter. Trust Investment Advisors now owns 1,491 shares of the specialty retailer’s stock worth $575,000 after purchasing an additional 37 shares during the period. Finally, Global Trust Asset Management LLC increased its holdings in Ulta Beauty by 39.6% during the 3rd quarter. Global Trust Asset Management LLC now owns 141 shares of the specialty retailer’s stock worth $55,000 after purchasing an additional 40 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on ULTA. Raymond James reduced their price objective on Ulta Beauty from $450.00 to $440.00 and set an “outperform” rating for the company in a research report on Monday, October 14th. DA Davidson boosted their price objective on shares of Ulta Beauty from $435.00 to $510.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. Oppenheimer lifted their price target on shares of Ulta Beauty from $505.00 to $515.00 and gave the company an “outperform” rating in a research note on Tuesday, January 7th. Bank of America increased their price objective on shares of Ulta Beauty from $460.00 to $475.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 7th. Finally, StockNews.com raised Ulta Beauty from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $460.30.

Ulta Beauty Stock Down 3.4 %

Ulta Beauty stock opened at $403.94 on Tuesday. The company’s 50-day moving average price is $402.41 and its two-hundred day moving average price is $384.13. The stock has a market cap of $18.73 billion, a P/E ratio of 16.16, a P/E/G ratio of 2.38 and a beta of 1.28. Ulta Beauty, Inc. has a twelve month low of $318.17 and a twelve month high of $574.76.

Ulta Beauty (NASDAQ:ULTA) last announced its earnings results on Thursday, December 5th. The specialty retailer reported $5.14 earnings per share for the quarter, topping analysts’ consensus estimates of $4.45 by $0.69. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.50 billion. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The firm’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the company earned $5.07 earnings per share. Equities analysts anticipate that Ulta Beauty, Inc. will post 23.57 earnings per share for the current fiscal year.

About Ulta Beauty

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.