Ulta Beauty Inc. (ULTA) Stake Maintained by Yorktown Management & Research Co Inc
Yorktown Management & Research Co Inc held its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,000 shares of the specialty retailer’s stock at the end of the 2nd quarter. Yorktown Management & Research Co Inc’s holdings in Ulta Beauty were worth $287,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Fifth Third Bancorp increased its holdings in shares of Ulta Beauty by 11.2% in the first quarter. Fifth Third Bancorp now owns 398 shares of the specialty retailer’s stock worth $114,000 after acquiring an additional 40 shares in the last quarter. FNY Partners Fund LP bought a new stake in shares of Ulta Beauty in the first quarter worth about $142,000. NEXT Financial Group Inc increased its holdings in shares of Ulta Beauty by 18.0% in the first quarter. NEXT Financial Group Inc now owns 565 shares of the specialty retailer’s stock worth $159,000 after acquiring an additional 86 shares in the last quarter. EFG Asset Management Americas Corp. bought a new stake in shares of Ulta Beauty in the first quarter worth about $221,000. Finally, M Holdings Securities Inc. bought a new stake in shares of Ulta Beauty in the first quarter worth about $228,000. Institutional investors own 88.01% of the company’s stock.
In related news, Director Michael R. Macdonald acquired 2,000 shares of the firm’s stock in a transaction on Tuesday, August 29th. The stock was purchased at an average cost of $208.37 per share, with a total value of $416,740.00. Following the acquisition, the director now owns 6,224 shares of the company’s stock, valued at approximately $1,296,894.88. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 5.20% of the company’s stock.
Shares of Ulta Beauty Inc. (NASDAQ:ULTA) traded up 0.33% on Friday, reaching $224.67. The company had a trading volume of 937,583 shares. The stock has a market cap of $13.80 billion, a PE ratio of 29.91 and a beta of 0.57. The stock has a 50-day moving average price of $235.14 and a 200-day moving average price of $271.92. Ulta Beauty Inc. has a 12 month low of $204.01 and a 12 month high of $314.86.
Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Thursday, August 24th. The specialty retailer reported $1.83 EPS for the quarter, topping analysts’ consensus estimates of $1.78 by $0.05. The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.29 billion. Ulta Beauty had a return on equity of 29.33% and a net margin of 8.84%. The company’s revenue for the quarter was up 20.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.43 EPS. Analysts predict that Ulta Beauty Inc. will post $8.38 earnings per share for the current fiscal year.
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Several equities research analysts have issued reports on ULTA shares. Goldman Sachs Group, Inc. (The) upgraded Ulta Beauty from a “neutral” rating to a “buy” rating and set a $310.00 price target for the company in a report on Friday, July 14th. Wells Fargo & Company restated a “market perform” rating and issued a $290.00 price target on shares of Ulta Beauty in a report on Wednesday, July 5th. Edward Jones downgraded Ulta Beauty from a “buy” rating to a “hold” rating in a report on Wednesday, May 24th. BidaskClub downgraded Ulta Beauty from a “sell” rating to a “strong sell” rating in a report on Thursday, July 27th. Finally, Oppenheimer Holdings, Inc. restated an “outperform” rating on shares of Ulta Beauty in a report on Friday, July 14th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. Ulta Beauty has an average rating of “Hold” and a consensus target price of $281.63.
Ulta Beauty Company Profile
Ulta Beauty, Inc is a holding company for the Ulta Beauty group of companies. The Company is a beauty retailer. The Company offers cosmetics, fragrance, skin, hair care products and salon services. The Company offers approximately 20,000 products from over 500 beauty brands across all categories, including the Company’s own private label.
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