Ulta Beauty, Inc. (NASDAQ:ULTA) Shares Sold by Dakota Wealth Management

Dakota Wealth Management decreased its position in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 92.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,726 shares of the specialty retailer’s stock after selling 31,573 shares during the quarter. Dakota Wealth Management’s holdings in Ulta Beauty were worth $1,186,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Simon Quick Advisors LLC purchased a new stake in Ulta Beauty in the 4th quarter valued at approximately $203,000. Octavia Wealth Advisors LLC lifted its stake in Ulta Beauty by 43.8% in the 4th quarter. Octavia Wealth Advisors LLC now owns 837 shares of the specialty retailer’s stock valued at $364,000 after buying an additional 255 shares in the last quarter. Chesley Taft & Associates LLC purchased a new stake in Ulta Beauty in the 4th quarter valued at approximately $208,000. Crossmark Global Holdings Inc. lifted its stake in Ulta Beauty by 53.4% in the 4th quarter. Crossmark Global Holdings Inc. now owns 2,196 shares of the specialty retailer’s stock valued at $955,000 after buying an additional 764 shares in the last quarter. Finally, Harbor Investment Advisory LLC raised its holdings in Ulta Beauty by 8.6% in the 4th quarter. Harbor Investment Advisory LLC now owns 787 shares of the specialty retailer’s stock valued at $342,000 after acquiring an additional 62 shares during the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Ulta Beauty Trading Up 0.0 %

Ulta Beauty stock opened at $418.55 on Friday. The company has a market capitalization of $19.41 billion, a P/E ratio of 16.75, a P/E/G ratio of 1.01 and a beta of 1.28. Ulta Beauty, Inc. has a 1-year low of $318.17 and a 1-year high of $574.76. The firm’s fifty day simple moving average is $406.08 and its 200-day simple moving average is $385.23.

Ulta Beauty (NASDAQ:ULTA) last announced its earnings results on Thursday, December 5th. The specialty retailer reported $5.14 EPS for the quarter, topping the consensus estimate of $4.45 by $0.69. The firm had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.50 billion. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The business’s quarterly revenue was up 1.7% on a year-over-year basis. During the same quarter last year, the firm posted $5.07 EPS. On average, equities research analysts predict that Ulta Beauty, Inc. will post 23.93 earnings per share for the current year.

Analyst Ratings Changes

ULTA has been the subject of several analyst reports. Wells Fargo & Company boosted their price target on Ulta Beauty from $350.00 to $370.00 and gave the company an “underweight” rating in a report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft cut their price target on Ulta Beauty from $426.00 to $424.00 and set a “buy” rating for the company in a report on Wednesday, October 9th. Canaccord Genuity Group boosted their price target on Ulta Beauty from $500.00 to $538.00 and gave the company a “buy” rating in a report on Tuesday, January 7th. Telsey Advisory Group restated an “outperform” rating and set a $500.00 price objective on shares of Ulta Beauty in a report on Tuesday, January 7th. Finally, StockNews.com upgraded Ulta Beauty from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $459.22.

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.