Epoch Investment Partners Inc. Has $137.42 Million Holdings in Ulta Beauty, Inc. (NASDAQ:ULTA)

Epoch Investment Partners Inc. increased its position in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 26.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 356,128 shares of the specialty retailer’s stock after purchasing an additional 74,319 shares during the period. Epoch Investment Partners Inc.’s holdings in Ulta Beauty were worth $137,419,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Vima LLC bought a new stake in Ulta Beauty in the 4th quarter valued at $27,000. Riverview Trust Co acquired a new stake in shares of Ulta Beauty during the 1st quarter valued at about $30,000. Sound Income Strategies LLC increased its stake in Ulta Beauty by 490.0% in the first quarter. Sound Income Strategies LLC now owns 59 shares of the specialty retailer’s stock valued at $31,000 after acquiring an additional 49 shares during the period. LRI Investments LLC bought a new stake in Ulta Beauty in the first quarter valued at about $31,000. Finally, UMB Bank n.a. raised its position in Ulta Beauty by 83.3% in the second quarter. UMB Bank n.a. now owns 66 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 30 shares in the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Ulta Beauty

In other Ulta Beauty news, Director Catherine Ann Halligan sold 100 shares of the stock in a transaction dated Tuesday, July 2nd. The stock was sold at an average price of $390.08, for a total value of $39,008.00. Following the transaction, the director now owns 2,017 shares of the company’s stock, valued at $786,791.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, Director Catherine Ann Halligan sold 100 shares of the business’s stock in a transaction that occurred on Tuesday, July 2nd. The shares were sold at an average price of $390.08, for a total transaction of $39,008.00. Following the completion of the transaction, the director now owns 2,017 shares in the company, valued at $786,791.36. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Jodi J. Caro sold 650 shares of the company’s stock in a transaction that occurred on Tuesday, June 25th. The shares were sold at an average price of $388.68, for a total transaction of $252,642.00. Following the completion of the sale, the insider now directly owns 6,801 shares of the company’s stock, valued at approximately $2,643,412.68. The disclosure for this sale can be found here. 0.39% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on ULTA shares. B. Riley initiated coverage on Ulta Beauty in a report on Tuesday, September 10th. They set a “sell” rating and a $300.00 price objective on the stock. StockNews.com raised Ulta Beauty from a “sell” rating to a “hold” rating in a research note on Wednesday. Evercore ISI dropped their price objective on Ulta Beauty from $500.00 to $430.00 and set an “outperform” rating for the company in a research note on Monday, August 26th. BMO Capital Markets lowered their target price on shares of Ulta Beauty from $500.00 to $385.00 and set a “market perform” rating on the stock in a report on Friday, August 30th. Finally, Citigroup cut their price target on shares of Ulta Beauty from $375.00 to $345.00 and set a “neutral” rating for the company in a report on Friday, August 30th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $425.29.

Ulta Beauty Trading Down 0.3 %

Shares of NASDAQ ULTA opened at $402.01 on Friday. Ulta Beauty, Inc. has a 1 year low of $318.17 and a 1 year high of $574.76. The firm’s 50-day moving average is $368.01 and its 200-day moving average is $407.97. The firm has a market capitalization of $19.18 billion, a PE ratio of 15.68, a price-to-earnings-growth ratio of 2.22 and a beta of 1.31.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings data on Thursday, August 29th. The specialty retailer reported $5.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.47 by ($0.17). The business had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.61 billion. Ulta Beauty had a net margin of 10.68% and a return on equity of 54.02%. Ulta Beauty’s revenue was up .9% compared to the same quarter last year. During the same period in the previous year, the business posted $6.02 earnings per share. As a group, equities research analysts anticipate that Ulta Beauty, Inc. will post 23.21 earnings per share for the current fiscal year.

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.