Bluestein R H & Co. Continues to Hold Position in Ulta Beauty Inc. (ULTA)

Bluestein R H & Co. maintained its position in Ulta Beauty Inc. (NASDAQ:ULTA) during the first quarter, Holdings Channel reports. The firm owned 791 shares of the specialty retailer’s stock at the end of the first quarter. Bluestein R H & Co.’s holdings in Ulta Beauty were worth $226,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new position in Ulta Beauty during the fourth quarter valued at approximately $112,000. Fifth Third Bancorp increased its position in Ulta Beauty by 11.2% in the first quarter. Fifth Third Bancorp now owns 398 shares of the specialty retailer’s stock valued at $114,000 after buying an additional 40 shares during the period. Crestwood Advisors Group LLC bought a new position in Ulta Beauty during the first quarter valued at approximately $120,000. Advantage Investment Management LLC bought a new position in Ulta Beauty during the fourth quarter valued at approximately $144,000. Finally, NEXT Financial Group Inc increased its position in Ulta Beauty by 18.0% in the first quarter. NEXT Financial Group Inc now owns 565 shares of the specialty retailer’s stock valued at $159,000 after buying an additional 86 shares during the period. 86.19% of the stock is owned by institutional investors and hedge funds.

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

Shares of Ulta Beauty Inc. (NASDAQ ULTA) traded up 0.71% during mid-day trading on Tuesday, reaching $296.26. 649,111 shares of the company’s stock traded hands. The company’s 50-day moving average price is $298.40 and its 200-day moving average price is $278.68. The stock has a market capitalization of $18.38 billion, a PE ratio of 41.60 and a beta of 0.58. Ulta Beauty Inc. has a 12-month low of $225.13 and a 12-month high of $314.86.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Thursday, May 25th. The specialty retailer reported $1.91 EPS for the quarter, topping the consensus estimate of $1.79 by $0.12. Ulta Beauty had a net margin of 8.75% and a return on equity of 28.91%. The firm had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same period in the prior year, the business posted $1.45 EPS. The business’s revenue for the quarter was up 22.4% compared to the same quarter last year. Analysts anticipate that Ulta Beauty Inc. will post $8.32 earnings per share for the current year.

COPYRIGHT VIOLATION NOTICE: “Bluestein R H & Co. Continues to Hold Position in Ulta Beauty Inc. (ULTA)” was reported by Ticker Report and is the sole property of of Ticker Report. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/2655981/bluestein-r-h-co-continues-to-hold-position-in-ulta-beauty-inc-ulta.html.

ULTA has been the subject of several research reports. BMO Capital Markets reissued a “buy” rating and set a $295.00 price objective on shares of Ulta Beauty in a report on Saturday, March 11th. Instinet reissued a “buy” rating and set a $297.00 price objective (up previously from $294.00) on shares of Ulta Beauty in a report on Saturday, March 11th. Robert W. Baird set a $315.00 price target on shares of Ulta Beauty and gave the company a “buy” rating in a report on Saturday, March 11th. Loop Capital raised shares of Ulta Beauty from a “hold” rating to a “buy” rating and increased their price target for the company from $285.00 to $350.00 in a report on Monday, April 10th. Finally, Zacks Investment Research raised shares of Ulta Beauty from a “hold” rating to a “buy” rating and set a $336.00 price target for the company in a report on Wednesday, May 10th. Nine equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $323.78.

In other Ulta Beauty news, Director Dennis K. Eck sold 6,400 shares of the stock in a transaction that occurred on Monday, March 27th. The shares were sold at an average price of $281.52, for a total transaction of $1,801,728.00. Following the sale, the director now directly owns 472,029 shares in the company, valued at approximately $132,885,604.08. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Scott M. Settersten sold 11,519 shares of the stock in a transaction that occurred on Wednesday, March 29th. The stock was sold at an average price of $282.80, for a total transaction of $3,257,573.20. Following the sale, the chief financial officer now owns 15,222 shares in the company, valued at $4,304,781.60. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 52,911 shares of company stock worth $15,526,715. Company insiders own 6.90% of the company’s stock.

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‚Äôs own private label.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:ULTA”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Want to see what other hedge funds are holding ULTA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ulta Beauty Inc. (NASDAQ:ULTA).

Receive News & Ratings for Ulta Beauty Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ulta Beauty Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
President Trump Hurting Tourism in the U.S.
President Trump Hurting Tourism in the U.S.
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Blue Apron Filed Thursday for Public Offering
Blue Apron Filed Thursday for Public Offering
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Large Auto Lender Checked Just 8% of Incomes for Applicants
Large Auto Lender Checked Just 8% of Incomes for Applicants


Leave a Reply

© 2006-2017 Ticker Report. Google+.