Stifel Nicolaus reaffirmed their hold rating on shares of Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) in a report issued on Monday morning. Stifel Nicolaus currently has a $277.00 target price on the stock, up from their previous target price of $260.00.

Other equities research analysts have also recently issued reports about the company. Buckingham Research upped their price target on Ulta Salon, Cosmetics & Fragrance from $285.00 to $325.00 and gave the company a buy rating in a research report on Friday, August 26th. Nomura upped their price objective on shares of Ulta Salon, Cosmetics & Fragrance from $244.00 to $287.00 and gave the stock a buy rating in a research report on Friday, August 26th. Zacks Investment Research upgraded shares of Ulta Salon, Cosmetics & Fragrance from a hold rating to a buy rating and set a $262.00 price objective on the stock in a research report on Saturday, September 17th. Jefferies Group upped their price objective on shares of Ulta Salon, Cosmetics & Fragrance from $215.00 to $255.00 and gave the stock a hold rating in a research report on Friday, August 26th. Finally, Deutsche Bank AG upped their price objective on shares of Ulta Salon, Cosmetics & Fragrance from $225.00 to $280.00 and gave the stock a hold rating in a research report on Friday, August 26th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and twelve have given a buy rating to the company. The stock has a consensus rating of Buy and an average price target of $261.82.

Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA) traded down 1.16% on Monday, reaching $237.58. 107,376 shares of the company’s stock traded hands. The firm’s 50-day moving average is $244.55 and its 200 day moving average is $234.14. Ulta Salon, Cosmetics & Fragrance has a 12 month low of $146.77 and a 12 month high of $278.63. The firm has a market cap of $14.82 billion, a PE ratio of 41.82 and a beta of 0.70.

Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA) last announced its quarterly earnings results on Thursday, August 25th. The company reported $1.43 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.40 by $0.03. Ulta Salon, Cosmetics & Fragrance had a return on equity of 26.05% and a net margin of 8.35%. The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the prior year, the business posted $1.15 earnings per share. The company’s revenue was up 21.9% on a year-over-year basis. Equities analysts predict that Ulta Salon, Cosmetics & Fragrance will post $6.23 EPS for the current year.

In related news, Director Charles Heilbronn sold 925,000 shares of Ulta Salon, Cosmetics & Fragrance stock in a transaction dated Wednesday, September 14th. The stock was sold at an average price of $229.56, for a total value of $212,343,000.00. Following the completion of the sale, the director now directly owns 58,928 shares in the company, valued at approximately $13,527,511.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Dennis K. Eck acquired 11,000 shares of Ulta Salon, Cosmetics & Fragrance stock in a transaction that occurred on Monday, September 19th. The stock was acquired at an average price of $234.45 per share, with a total value of $2,578,950.00. Following the completion of the acquisition, the director now directly owns 503,530 shares in the company, valued at approximately $118,052,608.50. The disclosure for this purchase can be found here. 6.90% of the stock is owned by corporate insiders.

A number of large investors have recently added to or reduced their stakes in ULTA. Renaissance Technologies LLC increased its stake in Ulta Salon, Cosmetics & Fragrance by 2,189.2% in the first quarter. Renaissance Technologies LLC now owns 148,800 shares of the company’s stock valued at $28,829,000 after buying an additional 142,300 shares during the last quarter. State Street Corp boosted its position in shares of Ulta Salon, Cosmetics & Fragrance by 44.8% in the first quarter. State Street Corp now owns 1,759,655 shares of the company’s stock valued at $340,907,000 after buying an additional 544,226 shares during the last quarter. Syntal Capital Partners LLC purchased a new position in shares of Ulta Salon, Cosmetics & Fragrance during the second quarter valued at about $242,000. Aviva PLC boosted its position in shares of Ulta Salon, Cosmetics & Fragrance by 17.3% in the second quarter. Aviva PLC now owns 36,287 shares of the company’s stock valued at $8,839,000 after buying an additional 5,360 shares during the last quarter. Finally, Jaffetilchin Investment Partners LLC purchased a new position in shares of Ulta Salon, Cosmetics & Fragrance during the second quarter valued at about $1,225,000. Institutional investors own 86.99% of the company’s stock.

About Ulta Salon, Cosmetics & Fragrance

Ulta Salon, Cosmetics & Fragrance, Inc is a beauty retailer. The Company operates specialty retail stores selling cosmetics, fragrance, haircare and skincare products, and related accessories and services. The Company operates through three segments: retail stores, salon services and e-commerce. The Company also offers a full-service salon in every store featuring hair, skin and brow services.

5 Day Chart for NASDAQ:ULTA

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