Exxonmobil Investment Management Inc. TX decreased its stake in Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) by 7.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,970 shares of the company’s stock after selling 1,196 shares during the period. Exxonmobil Investment Management Inc. TX’s holdings in Ulta Salon, Cosmetics & Fragrance were worth $3,563,000 at the end of the most recent quarter.

Several other hedge funds and other institutional 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 in the last quarter. 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 in the last quarter. 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 in the last quarter. Syntal Capital Partners LLC acquired a new position in shares of Ulta Salon, Cosmetics & Fragrance during the second quarter valued at approximately $242,000. Finally, Bank of Montreal Can acquired a new position in shares of Ulta Salon, Cosmetics & Fragrance during the second quarter valued at approximately $5,313,000. Institutional investors own 85.58% of the company’s stock.

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

Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) traded down 0.77% during midday trading on Monday, hitting $261.60. The company’s stock had a trading volume of 841,059 shares. 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 50 day moving average of $246.19 and a 200 day moving average of $243.98.

Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA) last posted 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. Ulta Salon, Cosmetics & Fragrance had a return on equity of 26.05% and a net margin of 8.35%. The firm earned $1.07 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same period last year, the company earned $1.15 earnings per share. The business’s revenue for the quarter was up 21.9% on a year-over-year basis. Analysts expect 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 recently commented on ULTA shares. Robert W. Baird set a $305.00 target price on Ulta Salon, Cosmetics & Fragrance and gave the stock a “buy” rating in a research note on Tuesday, October 11th. RBC Capital Markets set a $270.00 price target on Ulta Salon, Cosmetics & Fragrance and gave the stock a “hold” rating in a report on Monday, August 29th. Piper Jaffray Cos. lifted their price target on Ulta Salon, Cosmetics & Fragrance from $250.00 to $290.00 and gave the stock an “overweight” rating in a report on Monday, August 22nd. Oppenheimer Holdings Inc. reissued an “outperform” rating and set a $300.00 price target on shares of Ulta Salon, Cosmetics & Fragrance in a report on Tuesday, October 4th. Finally, Zacks Investment Research cut Ulta Salon, Cosmetics & Fragrance from a “buy” rating to a “hold” rating in a report on Friday, September 16th. One analyst has rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $265.50.

In related news, Director Catherine Ann Halligan sold 400 shares of the 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Scott M. Settersten sold 10,490 shares of the 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 completion of the sale, the chief financial officer now owns 8,103 shares in the company, valued at approximately $2,036,851.11. The disclosure for this sale can be found here. 6.90% of the stock is owned by corporate insiders.

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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