Diversified Trust Co Has $1.27 Million Stock Position in Ulta Beauty, Inc. (NASDAQ:ULTA)

Diversified Trust Co cut its position in Ulta Beauty, Inc. (NASDAQ:ULTA) by 4.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,911 shares of the specialty retailer’s stock after selling 150 shares during the period. Diversified Trust Co’s holdings in Ulta Beauty were worth $1,266,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in ULTA. Nordea Investment Management AB grew its position in Ulta Beauty by 14.0% during the 4th quarter. Nordea Investment Management AB now owns 32,031 shares of the specialty retailer’s stock worth $14,015,000 after acquiring an additional 3,935 shares during the last quarter. GAMMA Investing LLC boosted its stake in Ulta Beauty by 170.4% in the fourth quarter. GAMMA Investing LLC now owns 1,141 shares of the specialty retailer’s stock worth $496,000 after purchasing an additional 719 shares in the last quarter. Synovus Financial Corp grew its holdings in shares of Ulta Beauty by 5.2% during the third quarter. Synovus Financial Corp now owns 2,556 shares of the specialty retailer’s stock worth $995,000 after purchasing an additional 126 shares during the last quarter. World Investment Advisors LLC acquired a new stake in shares of Ulta Beauty in the third quarter valued at $212,000. Finally, Pine Valley Investments Ltd Liability Co raised its holdings in shares of Ulta Beauty by 12.4% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 9,589 shares of the specialty retailer’s stock valued at $3,731,000 after buying an additional 1,057 shares during the last quarter. 90.39% of the stock is owned by institutional investors.

Ulta Beauty Trading Down 3.1 %

ULTA stock opened at $415.14 on Thursday. Ulta Beauty, Inc. has a 1-year low of $318.17 and a 1-year high of $574.76. The firm has a market cap of $19.25 billion, a PE ratio of 16.61, a P/E/G ratio of 2.38 and a beta of 1.28. The business’s 50-day moving average price is $400.28 and its two-hundred day moving average price is $383.64.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $5.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.45 by $0.69. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The business had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same period in the previous year, the firm earned $5.07 EPS. Ulta Beauty’s quarterly revenue was up 1.7% compared to the same quarter last year. On average, analysts forecast that Ulta Beauty, Inc. will post 23.57 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have commented on ULTA. UBS Group increased their price objective on shares of Ulta Beauty from $470.00 to $490.00 and gave the stock a “buy” rating in a report on Friday, December 6th. Oppenheimer raised their price target on shares of Ulta Beauty from $505.00 to $515.00 and gave the company an “outperform” rating in a report on Tuesday. Citigroup boosted their price objective on shares of Ulta Beauty from $450.00 to $457.00 and gave the stock a “neutral” rating in a research report on Tuesday. Bank of America increased their price objective on Ulta Beauty from $460.00 to $475.00 and gave the company a “neutral” rating in a research report on Tuesday. Finally, TD Cowen boosted their target price on Ulta Beauty from $450.00 to $480.00 and gave the stock a “hold” rating in a research report on Wednesday. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $458.78.

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.