Boston Common Asset Management LLC Has $5.68 Million Position in Ulta Beauty, Inc. (NASDAQ:ULTA)

Boston Common Asset Management LLC lessened its holdings in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 1.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 13,047 shares of the specialty retailer’s stock after selling 207 shares during the period. Boston Common Asset Management LLC’s holdings in Ulta Beauty were worth $5,675,000 at the end of the most recent reporting period.

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

Ulta Beauty Trading Down 2.0 %

ULTA opened at $405.01 on Friday. Ulta Beauty, Inc. has a 1-year low of $318.17 and a 1-year high of $574.76. The stock has a market capitalization of $18.78 billion, a PE ratio of 16.21, a PEG ratio of 1.00 and a beta of 1.28. The firm has a 50-day moving average price of $403.63 and a two-hundred day moving average price of $384.62.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings results on Thursday, December 5th. The specialty retailer reported $5.14 earnings per share for the quarter, beating analysts’ consensus estimates of $4.45 by $0.69. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The business had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same quarter last year, the business posted $5.07 earnings per share. Ulta Beauty’s revenue for the quarter was up 1.7% compared to the same quarter last year. On average, research analysts predict that Ulta Beauty, Inc. will post 23.93 EPS for the current year.

Analyst Ratings Changes

ULTA has been the topic of a number of research reports. Telsey Advisory Group restated an “outperform” rating and set a $500.00 price objective on shares of Ulta Beauty in a research report on Tuesday, January 7th. BMO Capital Markets boosted their price target on shares of Ulta Beauty from $385.00 to $420.00 and gave the company a “market perform” rating in a report on Friday, December 6th. William Blair downgraded shares of Ulta Beauty from an “outperform” rating to a “market perform” rating in a report on Thursday, November 21st. JPMorgan Chase & Co. upped their target price on shares of Ulta Beauty from $472.00 to $480.00 and gave the company an “overweight” rating in a research note on Friday, December 6th. Finally, StockNews.com upgraded shares of Ulta Beauty from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $460.30.

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.