Ulta Beauty, Inc. (NASDAQ:ULTA) Holdings Decreased by Exencial Wealth Advisors LLC

Exencial Wealth Advisors LLC decreased its stake in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 2.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,887 shares of the specialty retailer’s stock after selling 461 shares during the period. Exencial Wealth Advisors LLC’s holdings in Ulta Beauty were worth $9,954,000 as of its most recent SEC filing.

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

Ulta Beauty Stock Down 4.8 %

ULTA opened at $348.86 on Tuesday. The stock’s 50 day moving average price is $401.43 and its two-hundred day moving average price is $388.82. The firm has a market capitalization of $16.18 billion, a P/E ratio of 13.96, a price-to-earnings-growth ratio of 0.89 and a beta of 1.28. Ulta Beauty, Inc. has a 12-month low of $318.17 and a 12-month high of $574.76.

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 for 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%. Ulta Beauty’s quarterly revenue was up 1.7% on a year-over-year basis. During the same quarter last year, the company posted $5.07 earnings per share. As a group, analysts anticipate that Ulta Beauty, Inc. will post 23.96 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Citigroup boosted their price target on shares of Ulta Beauty from $450.00 to $457.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 7th. JPMorgan Chase & Co. increased 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. William Blair lowered shares of Ulta Beauty from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 21st. UBS Group increased their price objective on Ulta Beauty from $470.00 to $490.00 and gave the company a “buy” rating in a research report on Friday, December 6th. Finally, Oppenheimer lifted their target price on Ulta Beauty from $505.00 to $515.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average 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.