Bank of New York Mellon Corp lowered its stake in shares of Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) by 2.2% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 1,129,643 shares of the company’s stock after selling 25,930 shares during the period. Bank of New York Mellon Corp owned approximately 1.81% of Ulta Salon, Cosmetics & Fragrance worth $268,833,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in ULTA. Global X Management Co. LLC boosted its stake 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 stake in shares of Ulta Salon, Cosmetics & Fragrance during the second quarter valued at about $120,000. Advisory Services Network LLC acquired a new stake in shares of Ulta Salon, Cosmetics & Fragrance during the second quarter valued at about $122,000. Hanson McClain Inc. acquired a new stake in shares of Ulta Salon, Cosmetics & Fragrance during the second quarter valued at about $122,000. Finally, Cypress Capital Management LLC WY acquired a new stake in shares of Ulta Salon, Cosmetics & Fragrance during the second quarter valued at about $139,000. Hedge funds and other 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) opened at 260.41 on Wednesday. The company has a market capitalization of $16.24 billion, a P/E ratio of 45.84 and a beta of 0.71. Ulta Salon, Cosmetics & Fragrance Inc. has a 1-year low of $146.77 and a 1-year high of $278.63. The stock’s 50 day moving average is $246.83 and its 200-day moving average is $244.93.

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Several brokerages have recently issued reports on ULTA. Jefferies Group set a $255.00 target price on shares of Ulta Salon, Cosmetics & Fragrance and gave the company a “hold” rating in a research report on Saturday, October 15th. Deutsche Bank AG increased 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. Cowen and Company increased their price objective on shares of Ulta Salon, Cosmetics & Fragrance from $265.00 to $286.00 and gave the stock an “outperform” rating in a research report on Friday, August 26th. Zacks Investment Research lowered shares of Ulta Salon, Cosmetics & Fragrance from a “buy” rating to a “hold” rating in a research report on Friday, September 16th. Finally, Buckingham Research increased their price objective on shares of Ulta Salon, Cosmetics & Fragrance from $285.00 to $325.00 and gave the stock a “buy” rating in a research report on Friday, August 26th. One equities 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’s stock. Ulta Salon, Cosmetics & Fragrance presently has a consensus rating of “Buy” and a consensus target price of $265.50.

In other Ulta Salon, Cosmetics & Fragrance news, Director Charles Heilbronn sold 925,000 shares of Ulta Salon, Cosmetics & Fragrance stock in a transaction dated Wednesday, September 14th. The shares were sold at an average price of $229.56, for a total transaction of $212,343,000.00. Following the transaction, the director now directly owns 58,928 shares of the company’s stock, valued at $13,527,511.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Catherine Ann Halligan sold 400 shares of Ulta Salon, Cosmetics & Fragrance stock in a transaction dated Wednesday, September 21st. The stock was sold at an average price of $239.40, for a total transaction of $95,760.00. Following the transaction, the director now directly 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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