United Services Automobile Association increased its holdings in shares of Ulta Beauty Inc (NASDAQ:ULTA) by 2.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,212 shares of the specialty retailer’s stock after purchasing an additional 973 shares during the quarter. United Services Automobile Association owned approximately 0.06% of Ulta Beauty worth $8,376,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in ULTA. Securian Asset Management Inc raised its position in shares of Ulta Beauty by 0.6% in the fourth quarter. Securian Asset Management Inc now owns 5,971 shares of the specialty retailer’s stock valued at $1,462,000 after purchasing an additional 37 shares during the period. Sigma Investment Counselors Inc. raised its position in shares of Ulta Beauty by 0.5% in the fourth quarter. Sigma Investment Counselors Inc. now owns 10,626 shares of the specialty retailer’s stock valued at $2,602,000 after purchasing an additional 52 shares during the period. Bremer Trust National Association raised its position in shares of Ulta Beauty by 5.8% in the fourth quarter. Bremer Trust National Association now owns 1,033 shares of the specialty retailer’s stock valued at $252,000 after purchasing an additional 57 shares during the period. Sigma Planning Corp raised its position in shares of Ulta Beauty by 3.7% in the fourth quarter. Sigma Planning Corp now owns 1,727 shares of the specialty retailer’s stock valued at $423,000 after purchasing an additional 61 shares during the period. Finally, Telemus Capital LLC raised its position in shares of Ulta Beauty by 4.8% in the fourth quarter. Telemus Capital LLC now owns 1,462 shares of the specialty retailer’s stock valued at $358,000 after purchasing an additional 67 shares during the period. Institutional investors and hedge funds own 89.72% of the company’s stock.

Several brokerages have recently weighed in on ULTA. ValuEngine lowered shares of Ulta Beauty from a “buy” rating to a “hold” rating in a research report on Friday, December 7th. Nomura set a $305.00 price objective on shares of Ulta Beauty and gave the company a “buy” rating in a research report on Monday, November 26th. Loop Capital increased their price objective on shares of Ulta Beauty from $265.00 to $300.00 and gave the company a “hold” rating in a research report on Monday, March 4th. Zacks Investment Research lowered shares of Ulta Beauty from a “hold” rating to a “sell” rating in a research report on Friday. Finally, Wells Fargo & Co dropped their price objective on shares of Ulta Beauty from $336.00 to $328.00 and set an “outperform” rating on the stock in a research report on Friday, December 7th. One analyst has rated the stock with a sell rating, six have given a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $313.96.

NASDAQ:ULTA opened at $338.41 on Friday. Ulta Beauty Inc has a 52 week low of $199.15 and a 52 week high of $345.24. The stock has a market cap of $18.47 billion, a P/E ratio of 41.47, a price-to-earnings-growth ratio of 1.33 and a beta of 1.01.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings results on Thursday, March 14th. The specialty retailer reported $3.61 EPS for the quarter, topping analysts’ consensus estimates of $3.56 by $0.05. Ulta Beauty had a net margin of 9.99% and a return on equity of 33.75%. The business had revenue of $2.12 billion for the quarter, compared to analyst estimates of $2.11 billion. During the same period last year, the firm earned $2.75 earnings per share. Ulta Beauty’s revenue for the quarter was up 9.7% compared to the same quarter last year. On average, analysts anticipate that Ulta Beauty Inc will post 10.82 EPS for the current year.

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Ulta Beauty Profile

Ulta Beauty, Inc operates as a beauty retailer in the United States. The company's stores offer cosmetics, fragrances, haircare and skincare products, bath and body products, and salon styling tools; salon services, including hair, skin, and brow services; and others, including nail products and accessories.

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Institutional Ownership by Quarter for Ulta Beauty (NASDAQ:ULTA)

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