BNP Paribas Arbitrage SA raised its stake in shares of Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) by 264.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,341 shares of the company’s stock after buying an additional 35,806 shares during the period. BNP Paribas Arbitrage SA owned about 0.08% of Ulta Salon, Cosmetics & Fragrance worth $11,742,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the stock. Global X Management Co. LLC raised its position in shares of Ulta Salon, Cosmetics & Fragrance by 118.6% in the second quarter. Global X Management Co. LLC now owns 483 shares of the company’s stock valued at $118,000 after buying an additional 262 shares in the last quarter. Livingston Group Asset Management CO operating as Southport Capital Management acquired a new position in shares of Ulta Salon, Cosmetics & Fragrance during the second quarter valued at about $120,000. Advisory Services Network LLC purchased a new stake in Ulta Salon, Cosmetics & Fragrance during the second quarter valued at approximately $122,000. Hanson McClain Inc. purchased a new stake in Ulta Salon, Cosmetics & Fragrance during the second quarter valued at approximately $122,000. Finally, Cypress Capital Management LLC WY purchased a new stake in Ulta Salon, Cosmetics & Fragrance during the second quarter valued at approximately $139,000. Institutional investors and hedge funds own 88.34% of the company’s stock.

Institutional Ownership by Quarter for Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA)

Shares of Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) opened at 250.09 on Friday. Ulta Salon, Cosmetics & Fragrance Inc. has a 12-month low of $146.77 and a 12-month high of $278.63. The firm has a market capitalization of $15.60 billion, a price-to-earnings ratio of 44.02 and a beta of 0.71. The stock’s 50 day moving average price is $243.69 and its 200 day moving average price is $242.31.

Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA) last issued its quarterly earnings results on Thursday, August 25th. The company reported $1.43 EPS for the quarter, topping the Zacks’ consensus estimate of $1.40 by $0.03. The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.06 billion. Ulta Salon, Cosmetics & Fragrance had a return on equity of 26.05% and a net margin of 8.35%. Ulta Salon, Cosmetics & Fragrance’s quarterly revenue was up 21.9% compared to the same quarter last year. During the same period last year, the company posted $1.15 earnings per share. Equities research analysts expect that Ulta Salon, Cosmetics & Fragrance Inc. will post $6.31 earnings per share for the current year.

Several research firms have commented on ULTA. Robert W. Baird restated an “outperform” rating and issued a $300.00 target price (up previously from $280.00) on shares of Ulta Salon, Cosmetics & Fragrance in a research note on Wednesday, August 24th. Piper Jaffray Cos. boosted their target price on Ulta Salon, Cosmetics & Fragrance from $250.00 to $290.00 and gave the company an “overweight” rating in a research note on Monday, August 22nd. Nomura boosted their target price on Ulta Salon, Cosmetics & Fragrance from $244.00 to $287.00 and gave the company a “buy” rating in a research note on Friday, August 26th. Cowen and Company boosted their target price on Ulta Salon, Cosmetics & Fragrance from $265.00 to $286.00 and gave the company an “outperform” rating in a research note on Friday, August 26th. Finally, Buckingham Research boosted their target price on Ulta Salon, Cosmetics & Fragrance from $285.00 to $325.00 and gave the company a “buy” rating in a research note on Friday, August 26th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and twelve have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $265.50.

In related news, Director Robert F. Diromualdo sold 20,000 shares of Ulta Salon, Cosmetics & Fragrance stock in a transaction on Tuesday, August 30th. The stock was sold at an average price of $252.51, for a total transaction of $5,050,200.00. Following the sale, the director now directly owns 4,309 shares in the company, valued at $1,088,065.59. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Catherine Ann Halligan sold 400 shares of Ulta Salon, Cosmetics & Fragrance stock in a transaction on Wednesday, September 21st. The stock was sold at an average price of $239.40, for a total value of $95,760.00. Following the sale, the director now owns 3,921 shares in the company, valued at $938,687.40. The disclosure for this sale can be found here. Corporate insiders own 6.90% of the company’s stock.

Ulta Salon, Cosmetics & Fragrance Company Profile

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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