Ulta Beauty, Inc. (NASDAQ:ULTA) Holdings Lowered by Hantz Financial Services Inc.

Hantz Financial Services Inc. lowered its stake in Ulta Beauty, Inc. (NASDAQ:ULTA) by 5.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,383 shares of the specialty retailer’s stock after selling 1,313 shares during the quarter. Hantz Financial Services Inc.’s holdings in Ulta Beauty were worth $8,321,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC increased its position in shares of Ulta Beauty by 180,713.0% in the third quarter. International Assets Investment Management LLC now owns 1,238,569 shares of the specialty retailer’s stock worth $481,952,000 after acquiring an additional 1,237,884 shares in the last quarter. Ontario Teachers Pension Plan Board acquired a new position in Ulta Beauty in the 3rd quarter worth approximately $359,480,000. Hsbc Holdings PLC grew its position in Ulta Beauty by 87.3% during the 2nd quarter. Hsbc Holdings PLC now owns 337,882 shares of the specialty retailer’s stock worth $130,380,000 after purchasing an additional 157,497 shares in the last quarter. Swedbank AB grew its position in Ulta Beauty by 107.0% during the 2nd quarter. Swedbank AB now owns 240,191 shares of the specialty retailer’s stock worth $92,683,000 after purchasing an additional 124,164 shares in the last quarter. Finally, TD Asset Management Inc raised its stake in Ulta Beauty by 14.1% during the 2nd quarter. TD Asset Management Inc now owns 620,793 shares of the specialty retailer’s stock valued at $239,545,000 after purchasing an additional 76,721 shares during the period. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the company. Raymond James decreased their target price on Ulta Beauty from $450.00 to $440.00 and set an “outperform” rating for the company in a research report on Monday, October 14th. Stifel Nicolaus lifted their target price on Ulta Beauty from $385.00 to $395.00 and gave the company a “hold” rating in a research note on Thursday, October 17th. B. Riley began coverage on shares of Ulta Beauty in a research report on Tuesday, September 10th. They issued a “sell” rating and a $300.00 price target for the company. DA Davidson lowered their price objective on shares of Ulta Beauty from $507.00 to $435.00 and set a “buy” rating on the stock in a research report on Friday, August 30th. Finally, Wells Fargo & Company dropped their price objective on shares of Ulta Beauty from $325.00 to $300.00 and set an “underweight” rating on the stock in a research note on Friday, August 30th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $422.58.

Ulta Beauty Trading Up 3.0 %

NASDAQ ULTA opened at $386.64 on Friday. The company has a market cap of $18.22 billion, a P/E ratio of 15.52, a P/E/G ratio of 2.16 and a beta of 1.33. The company has a fifty day simple moving average of $374.12 and a 200 day simple moving average of $376.55. Ulta Beauty, Inc. has a 1 year low of $318.17 and a 1 year high of $574.76.

Ulta Beauty (NASDAQ:ULTA) last announced its earnings results on Thursday, August 29th. The specialty retailer reported $5.30 earnings per share for the quarter, missing the consensus estimate of $5.47 by ($0.17). The business had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.61 billion. Ulta Beauty had a net margin of 10.68% and a return on equity of 54.02%. Ulta Beauty’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $6.02 EPS. Equities research analysts forecast that Ulta Beauty, Inc. will post 23.07 EPS for the current fiscal year.

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.