Bank of New Hampshire Has $35,000 Stock Holdings in Ulta Beauty, Inc. (NASDAQ:ULTA)

Bank of New Hampshire trimmed its position in Ulta Beauty, Inc. (NASDAQ:ULTA) by 55.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 80 shares of the specialty retailer’s stock after selling 98 shares during the period. Bank of New Hampshire’s holdings in Ulta Beauty were worth $35,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its stake in Ulta Beauty by 180,713.0% in the third quarter. International Assets Investment Management LLC now owns 1,238,569 shares of the specialty retailer’s stock valued at $481,952,000 after acquiring an additional 1,237,884 shares during the last quarter. Ontario Teachers Pension Plan Board acquired a new stake in shares of Ulta Beauty during the third quarter worth $359,480,000. Holocene Advisors LP increased its holdings in Ulta Beauty by 3,246.2% in the third quarter. Holocene Advisors LP now owns 346,262 shares of the specialty retailer’s stock valued at $134,737,000 after purchasing an additional 335,914 shares during the last quarter. Atreides Management LP acquired a new position in Ulta Beauty in the third quarter valued at about $73,069,000. Finally, Hsbc Holdings PLC boosted its holdings in Ulta Beauty by 87.3% during the second quarter. Hsbc Holdings PLC now owns 337,882 shares of the specialty retailer’s stock worth $130,380,000 after buying an additional 157,497 shares during the last quarter. 90.39% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Oppenheimer increased their price target on shares of Ulta Beauty from $505.00 to $515.00 and gave the company an “outperform” rating in a research report on Tuesday. DA Davidson lifted their price target on shares of Ulta Beauty from $435.00 to $510.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. Bank of America upped their price objective on shares of Ulta Beauty from $460.00 to $475.00 and gave the company a “neutral” rating in a research report on Tuesday. Loop Capital lifted their target price on Ulta Beauty from $450.00 to $480.00 and gave the stock a “buy” rating in a report on Monday, December 9th. Finally, Wells Fargo & Company increased their price target on Ulta Beauty from $350.00 to $370.00 and gave the stock an “underweight” rating in a report on Tuesday. 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’s stock. According to MarketBeat, Ulta Beauty presently has a consensus rating of “Hold” and a consensus price target of $454.43.

Ulta Beauty Stock Down 0.7 %

Shares of Ulta Beauty stock opened at $428.27 on Wednesday. Ulta Beauty, Inc. has a 12-month low of $318.17 and a 12-month high of $574.76. The business’s 50 day moving average is $399.50 and its 200-day moving average is $383.42. The stock has a market cap of $19.86 billion, a P/E ratio of 17.14, a P/E/G ratio of 2.38 and a beta of 1.28.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings results on Thursday, December 5th. The specialty retailer reported $5.14 EPS for the quarter, beating analysts’ consensus estimates of $4.45 by $0.69. The firm had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.50 billion. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The company’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same quarter last year, the company posted $5.07 earnings per share. On average, sell-side analysts expect that Ulta Beauty, Inc. will post 23.57 EPS for the current year.

Ulta Beauty Company 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.