130 Shares in Ulta Beauty, Inc. (NASDAQ:ULTA) Bought by ORG Partners LLC

ORG Partners LLC acquired a new stake in Ulta Beauty, Inc. (NASDAQ:ULTA) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 130 shares of the specialty retailer’s stock, valued at approximately $57,000.

A number of other large investors also recently bought and sold shares of the company. Paladin Wealth LLC purchased a new position in Ulta Beauty during the third quarter worth about $32,000. Sunbelt Securities Inc. raised its stake in shares of Ulta Beauty by 118.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 83 shares of the specialty retailer’s stock worth $32,000 after buying an additional 45 shares in the last quarter. Westside Investment Management Inc. lifted its holdings in shares of Ulta Beauty by 151.5% in the 3rd quarter. Westside Investment Management Inc. now owns 83 shares of the specialty retailer’s stock valued at $32,000 after buying an additional 50 shares during the period. Harvest Fund Management Co. Ltd purchased a new stake in shares of Ulta Beauty in the third quarter valued at approximately $41,000. Finally, American National Bank & Trust acquired a new position in Ulta Beauty during the third quarter worth $44,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on ULTA shares. Barclays boosted their target price on shares of Ulta Beauty from $410.00 to $445.00 and gave the stock an “equal weight” rating in a research report on Thursday. DA Davidson increased their target price on shares of Ulta Beauty from $435.00 to $510.00 and gave the company a “buy” rating in a report on Friday, December 6th. Telsey Advisory Group reissued an “outperform” rating and set a $500.00 price target on shares of Ulta Beauty in a research note on Tuesday, January 7th. 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 note on Tuesday, January 7th. Finally, Wells Fargo & Company boosted their target price on Ulta Beauty from $350.00 to $370.00 and gave the stock an “underweight” rating in a research report on Tuesday, January 7th. One investment 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 data from MarketBeat.com, Ulta Beauty has a consensus rating of “Hold” and an average price target of $460.30.

Ulta Beauty Stock Up 0.7 %

Shares of NASDAQ:ULTA opened at $418.23 on Friday. The business has a fifty day simple moving average of $402.01 and a 200-day simple moving average of $384.03. Ulta Beauty, Inc. has a 52 week low of $318.17 and a 52 week high of $574.76. The company has a market cap of $19.39 billion, a P/E ratio of 16.74, a P/E/G ratio of 2.38 and a beta of 1.28.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $5.14 EPS 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 company had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same quarter in the prior year, the company posted $5.07 EPS. The company’s quarterly revenue was up 1.7% compared to the same quarter last year. Sell-side analysts expect that Ulta Beauty, Inc. will post 23.57 earnings per share for the current fiscal 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.