350 Shares in Ulta Beauty, Inc. (NASDAQ:ULTA) Purchased by Generali Investments Towarzystwo Funduszy Inwestycyjnych

Generali Investments Towarzystwo Funduszy Inwestycyjnych bought a new position in Ulta Beauty, Inc. (NASDAQ:ULTA) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 350 shares of the specialty retailer’s stock, valued at approximately $152,000.

Other large investors also recently modified their holdings of the company. Sunbelt Securities Inc. lifted its holdings in shares of Ulta Beauty by 118.4% during the third quarter. Sunbelt Securities Inc. now owns 83 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 45 shares during the last quarter. Westside Investment Management Inc. raised its holdings in Ulta Beauty by 151.5% in the 3rd quarter. Westside Investment Management Inc. now owns 83 shares of the specialty retailer’s stock worth $32,000 after acquiring an additional 50 shares during the last quarter. Edge Capital Group LLC purchased a new position in Ulta Beauty in the 4th quarter worth approximately $33,000. Harvest Fund Management Co. Ltd purchased a new position in Ulta Beauty in the 3rd quarter worth approximately $41,000. Finally, Future Financial Wealth Managment LLC bought a new stake in Ulta Beauty in the 4th quarter worth approximately $43,000. 90.39% of the stock is owned by institutional investors.

Ulta Beauty Price Performance

Shares of NASDAQ ULTA opened at $365.78 on Friday. The company has a market cap of $16.96 billion, a P/E ratio of 14.64, a PEG ratio of 0.89 and a beta of 1.28. Ulta Beauty, Inc. has a 1 year low of $318.17 and a 1 year high of $574.76. The firm has a 50-day simple moving average of $404.31 and a two-hundred day simple moving average of $387.81.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $5.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.45 by $0.69. The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.50 billion. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The firm’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the firm earned $5.07 earnings per share. As a group, equities research analysts expect that Ulta Beauty, Inc. will post 23.96 EPS for the current year.

Analyst Upgrades and Downgrades

ULTA has been the subject of several analyst reports. TD Cowen upped their price objective on Ulta Beauty from $450.00 to $480.00 and gave the stock a “hold” rating in a research note on Wednesday, January 8th. JPMorgan Chase & Co. upped their price objective on Ulta Beauty from $472.00 to $480.00 and gave the stock an “overweight” rating in a research note on Friday, December 6th. UBS Group increased their price target on Ulta Beauty from $470.00 to $490.00 and gave the stock a “buy” rating in a research note on Friday, December 6th. BMO Capital Markets increased their price target 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. Finally, Bank of America raised their price objective on Ulta Beauty from $460.00 to $475.00 and gave the company a “neutral” rating in a research report on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $459.22.

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.