Ulta Beauty, Inc. (NASDAQ:ULTA) Shares Acquired by Captrust Financial Advisors

Captrust Financial Advisors increased its position in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 6.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,255 shares of the specialty retailer’s stock after acquiring an additional 143 shares during the quarter. Captrust Financial Advisors’ holdings in Ulta Beauty were worth $981,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of ULTA. Prestige Wealth Management Group LLC raised its stake in Ulta Beauty by 121.4% during the fourth quarter. Prestige Wealth Management Group LLC now owns 62 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 34 shares during the period. Ameliora Wealth Management Ltd. acquired a new stake in shares of Ulta Beauty during the 4th quarter worth approximately $43,000. Trust Co. of Vermont increased its holdings in shares of Ulta Beauty by 60.0% during the 4th quarter. Trust Co. of Vermont now owns 144 shares of the specialty retailer’s stock worth $63,000 after buying an additional 54 shares during the last quarter. Brown Brothers Harriman & Co. raised its position in shares of Ulta Beauty by 213.7% during the 4th quarter. Brown Brothers Harriman & Co. now owns 160 shares of the specialty retailer’s stock valued at $70,000 after buying an additional 109 shares during the period. Finally, Manchester Capital Management LLC lifted its holdings in Ulta Beauty by 86.2% in the fourth quarter. Manchester Capital Management LLC now owns 162 shares of the specialty retailer’s stock valued at $71,000 after acquiring an additional 75 shares during the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on ULTA. Telsey Advisory Group reiterated an “outperform” rating and issued a $500.00 price objective on shares of Ulta Beauty in a research report on Monday, March 10th. DA Davidson reissued a “buy” rating and set a $415.00 price objective on shares of Ulta Beauty in a research report on Wednesday, April 16th. Bank of America decreased their target price on shares of Ulta Beauty from $475.00 to $380.00 and set a “neutral” rating on the stock in a research report on Friday, March 14th. BMO Capital Markets dropped their price target on shares of Ulta Beauty from $467.00 to $404.00 and set a “market perform” rating for the company in a research report on Friday, March 14th. Finally, Argus cut shares of Ulta Beauty from a “buy” rating to a “hold” rating in a research report on Monday, April 14th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat, Ulta Beauty presently has an average rating of “Hold” and a consensus price target of $426.08.

Ulta Beauty Price Performance

Shares of NASDAQ ULTA opened at $411.74 on Friday. The business has a 50-day moving average of $369.11 and a two-hundred day moving average of $385.22. The company has a market capitalization of $18.59 billion, a price-to-earnings ratio of 16.48, a price-to-earnings-growth ratio of 0.89 and a beta of 1.06. Ulta Beauty, Inc. has a 1 year low of $309.01 and a 1 year high of $460.00.

Ulta Beauty (NASDAQ:ULTA) last issued its earnings results on Thursday, March 13th. The specialty retailer reported $8.46 earnings per share for the quarter, topping the consensus estimate of $7.13 by $1.33. The business had revenue of $3.49 billion for the quarter, compared to analyst estimates of $3.47 billion. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The business’s quarterly revenue was down 1.9% on a year-over-year basis. During the same quarter last year, the company earned $8.08 EPS. As a group, equities research analysts expect that Ulta Beauty, Inc. will post 23.96 earnings per share for the current year.

Insiders Place Their Bets

In other Ulta Beauty news, insider Jodi J. Caro sold 902 shares of the firm’s stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $369.16, for a total transaction of $332,982.32. Following the transaction, the insider now owns 7,632 shares of the company’s stock, valued at approximately $2,817,429.12. This trade represents a 10.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.17% of the stock is owned by corporate insiders.

Ulta Beauty Profile

Ulta Beauty, Inc operates as a specialty beauty retailer in the United States. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.com website, and its mobile applications.