Integrated Investment Consultants LLC Buys 341 Shares of Ulta Beauty, Inc. (NASDAQ:ULTA)

Integrated Investment Consultants LLC grew its position in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 3.0% in the 4th quarter, Holdings Channel reports. The firm owned 11,855 shares of the specialty retailer’s stock after acquiring an additional 341 shares during the quarter. Integrated Investment Consultants LLC’s holdings in Ulta Beauty were worth $5,156,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ULTA. Susquehanna Fundamental Investments LLC bought a new position in Ulta Beauty during the second quarter worth $19,136,000. Jensen Investment Management Inc. grew its holdings in Ulta Beauty by 17.9% during the 3rd quarter. Jensen Investment Management Inc. now owns 11,330 shares of the specialty retailer’s stock worth $4,409,000 after acquiring an additional 1,720 shares during the period. Distillate Capital Partners LLC acquired a new stake in Ulta Beauty during the 2nd quarter worth about $14,665,000. Versor Investments LP bought a new position in shares of Ulta Beauty in the 3rd quarter worth about $793,000. Finally, Stephens Inc. AR lifted its stake in shares of Ulta Beauty by 31.0% in the 3rd quarter. Stephens Inc. AR now owns 16,014 shares of the specialty retailer’s stock valued at $6,231,000 after purchasing an additional 3,791 shares during the period. Institutional investors and hedge funds own 90.39% of the company’s stock.

Ulta Beauty Price Performance

Shares of ULTA stock opened at $405.01 on Friday. Ulta Beauty, Inc. has a one year low of $318.17 and a one year high of $574.76. The firm has a 50-day moving average of $403.63 and a 200-day moving average of $384.62. The company has a market cap of $18.78 billion, a P/E ratio of 16.21, a P/E/G ratio of 1.00 and a beta of 1.28.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $5.14 earnings per share for the quarter, topping the consensus estimate of $4.45 by $0.69. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The business had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.50 billion. During the same quarter in the previous year, the firm earned $5.07 earnings per share. The business’s revenue was up 1.7% on a year-over-year basis. As a group, research analysts expect that Ulta Beauty, Inc. will post 23.93 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on ULTA shares. BMO Capital Markets raised their target price on Ulta Beauty from $385.00 to $420.00 and gave the stock a “market perform” rating in a research note on Friday, December 6th. B. Riley raised shares of Ulta Beauty from a “sell” rating to a “neutral” rating and raised their price objective for the stock from $330.00 to $430.00 in a research report on Tuesday, January 7th. Canaccord Genuity Group boosted their target price on shares of Ulta Beauty from $500.00 to $538.00 and gave the company a “buy” rating in a research report on Tuesday, January 7th. TD Cowen increased their target price on shares of Ulta Beauty from $450.00 to $480.00 and gave the stock a “hold” rating in a research note on Wednesday, January 8th. Finally, StockNews.com upgraded shares of Ulta Beauty from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $460.30.

Ulta Beauty 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.