British Columbia Investment Management Corp decreased its stake in Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) by 7.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,535 shares of the company’s stock after selling 3,199 shares during the period. British Columbia Investment Management Corp owned 0.07% of Ulta Salon, Cosmetics & Fragrance worth $9,884,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the company. BNP Paribas Arbitrage SA increased its position in shares of Ulta Salon, Cosmetics & Fragrance by 264.5% in the third quarter. BNP Paribas Arbitrage SA now owns 49,341 shares of the company’s stock valued at $11,742,000 after buying an additional 35,806 shares during the period. Shelton Capital Management increased its position in shares of Ulta Salon, Cosmetics & Fragrance by 0.6% in the second quarter. Shelton Capital Management now owns 3,875 shares of the company’s stock valued at $944,000 after buying an additional 25 shares during the period. Bank of New York Mellon Corp increased its position in shares of Ulta Salon, Cosmetics & Fragrance by 14.9% in the second quarter. Bank of New York Mellon Corp now owns 1,155,573 shares of the company’s stock valued at $281,544,000 after buying an additional 149,470 shares during the period. Syntal Capital Partners LLC bought a new position in shares of Ulta Salon, Cosmetics & Fragrance during the second quarter valued at $242,000. Finally, Bank of Montreal Can bought a new position in shares of Ulta Salon, Cosmetics & Fragrance during the second quarter valued at $5,313,000. 87.67% of the stock is currently owned by institutional investors and hedge funds.

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

Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) traded up 0.61% during trading on Friday, reaching $263.62. The company had a trading volume of 383,717 shares. The company has a 50-day moving average price of $246.19 and a 200 day moving average price of $243.98. Ulta Salon, Cosmetics & Fragrance Inc. has a 52-week low of $146.77 and a 52-week high of $278.63. The stock has a market cap of $16441.98 billion, a PE ratio of 46.41 and a beta of 0.71.

Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA) last issued its quarterly earnings results on Thursday, August 25th. The company reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.40 by $0.03. The firm earned $1.07 billion during 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%. The firm’s quarterly revenue was up 21.9% on a year-over-year basis. During the same period last year, the company posted $1.15 EPS. On average, analysts anticipate that Ulta Salon, Cosmetics & Fragrance Inc. will post $6.31 earnings per share for the current year.

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Several research analysts have weighed in on ULTA shares. RBC Capital Markets set a $270.00 target price on Ulta Salon, Cosmetics & Fragrance and gave the company a “hold” rating in a research note on Monday, August 29th. Oppenheimer Holdings Inc. reiterated an “outperform” rating and issued a $300.00 target price on shares of Ulta Salon, Cosmetics & Fragrance in a research note on Tuesday, October 4th. Royal Bank Of Canada lifted their target price on Ulta Salon, Cosmetics & Fragrance from $225.00 to $270.00 and gave the company a “sector perform” rating in a research note on Monday, August 29th. Robert W. Baird set a $305.00 target price on Ulta Salon, Cosmetics & Fragrance and gave the company a “buy” rating in a research note on Tuesday, October 11th. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $250.00 target price on shares of Ulta Salon, Cosmetics & Fragrance in a research note on Wednesday, October 12th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $265.50.

In other news, Director Catherine Ann Halligan sold 400 shares of the firm’s stock in a transaction on Wednesday, September 21st. The stock was sold at an average price of $239.40, for a total transaction of $95,760.00. Following the completion of the sale, the director now directly owns 3,921 shares of the company’s stock, valued at approximately $938,687.40. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Scott M. Settersten sold 10,490 shares of the firm’s stock in a transaction on Tuesday, August 30th. The stock was sold at an average price of $251.37, for a total value of $2,636,871.30. Following the sale, the chief financial officer now directly owns 8,103 shares of the company’s stock, valued at $2,036,851.11. The disclosure for this sale can be found here. Company 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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