Baader Bank Aktiengesellschaft Has $16.52 Million Stock Position in Ulta Beauty Inc. $ULTA

Baader Bank Aktiengesellschaft lowered its position in shares of Ulta Beauty Inc. (NASDAQ:ULTAFree Report) by 5.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,311 shares of the specialty retailer’s stock after selling 1,705 shares during the quarter. Ulta Beauty makes up approximately 1.1% of Baader Bank Aktiengesellschaft’s holdings, making the stock its 15th biggest holding. Baader Bank Aktiengesellschaft’s holdings in Ulta Beauty were worth $16,523,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its position in Ulta Beauty by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 5,376,848 shares of the specialty retailer’s stock valued at $3,253,047,000 after acquiring an additional 23,434 shares in the last quarter. State Street Corp increased its position in Ulta Beauty by 2.3% in the 3rd quarter. State Street Corp now owns 1,975,260 shares of the specialty retailer’s stock valued at $1,079,973,000 after acquiring an additional 44,182 shares in the last quarter. Sanders Capital LLC increased its position in Ulta Beauty by 8.9% in the 3rd quarter. Sanders Capital LLC now owns 1,263,820 shares of the specialty retailer’s stock valued at $690,994,000 after acquiring an additional 103,540 shares in the last quarter. Invesco Ltd. increased its position in Ulta Beauty by 33.6% in the 3rd quarter. Invesco Ltd. now owns 840,383 shares of the specialty retailer’s stock valued at $459,479,000 after acquiring an additional 211,485 shares in the last quarter. Finally, Franklin Resources Inc. increased its position in Ulta Beauty by 7.5% in the 3rd quarter. Franklin Resources Inc. now owns 626,093 shares of the specialty retailer’s stock valued at $342,316,000 after acquiring an additional 43,458 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Insiders Place Their Bets

In related news, Director George R. Mrkonic, Jr. sold 452 shares of Ulta Beauty stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $539.29, for a total transaction of $243,759.08. Following the transaction, the director owned 2,383 shares of the company’s stock, valued at $1,285,128.07. This trade represents a 15.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.17% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ULTA. Morgan Stanley lowered their price objective on shares of Ulta Beauty from $750.00 to $700.00 and set an “overweight” rating for the company in a research report on Friday, March 13th. Jefferies Financial Group upgraded shares of Ulta Beauty from a “hold” rating to a “buy” rating and raised their price objective for the company from $635.00 to $700.00 in a research report on Monday, April 20th. UBS Group restated a “buy” rating and issued a $810.00 price objective on shares of Ulta Beauty in a research report on Friday, March 13th. Raymond James Financial restated a “strong-buy” rating on shares of Ulta Beauty in a research report on Tuesday, March 10th. Finally, Bank of America raised shares of Ulta Beauty from a “neutral” rating to a “buy” rating and set a $685.00 target price on the stock in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Ulta Beauty currently has an average rating of “Moderate Buy” and a consensus price target of $674.23.

Get Our Latest Stock Analysis on ULTA

Ulta Beauty Trading Down 2.6%

Shares of NASDAQ ULTA opened at $492.14 on Thursday. The firm has a market capitalization of $21.44 billion, a PE ratio of 19.20, a price-to-earnings-growth ratio of 1.76 and a beta of 0.89. Ulta Beauty Inc. has a 1 year low of $402.50 and a 1 year high of $714.97. The firm’s 50-day moving average is $550.87 and its 200-day moving average is $587.21.

Ulta Beauty (NASDAQ:ULTAGet Free Report) last issued its earnings results on Thursday, March 12th. The specialty retailer reported $8.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.93 by $0.08. The company had revenue of $3.90 billion for the quarter, compared to analyst estimates of $3.81 billion. Ulta Beauty had a net margin of 9.31% and a return on equity of 43.56%. The company’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter last year, the firm earned $8.46 EPS. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. As a group, equities research analysts anticipate that Ulta Beauty Inc. will post 28.45 earnings per share for the current fiscal year.

Ulta Beauty Profile

(Free Report)

Ulta Beauty, Inc (NASDAQ: ULTA) is a U.S.-based specialty retailer and beauty services provider focused on cosmetics, fragrance, skin care, hair care, bath and body, and beauty tools. The company operates a dual-format business that combines brick-and-mortar retail stores with an e-commerce platform, offering a broad assortment of national, prestige and mass-market brands alongside its own private-label products. In many locations Ulta also provides full-service salon treatments, positioning the company as a one-stop destination for product discovery and in-store services.

The retailer’s product mix spans color cosmetics, haircare and styling products, skin and body care, fragrance, and accessories, catering to a wide range of consumer preferences and price points.

Further Reading

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Institutional Ownership by Quarter for Ulta Beauty (NASDAQ:ULTA)

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