Thompson Siegel & Walmsley LLC Sells 5,194 Shares of Ulta Beauty, Inc. (NASDAQ:ULTA)

Thompson Siegel & Walmsley LLC reduced its holdings in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 9.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 49,998 shares of the specialty retailer’s stock after selling 5,194 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Ulta Beauty were worth $21,746,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in ULTA. Cornerstone Investment Partners LLC boosted its position in shares of Ulta Beauty by 3.9% during the 4th quarter. Cornerstone Investment Partners LLC now owns 665 shares of the specialty retailer’s stock valued at $289,000 after purchasing an additional 25 shares in the last quarter. Stonegate Investment Group LLC boosted its holdings in Ulta Beauty by 0.5% in the fourth quarter. Stonegate Investment Group LLC now owns 6,623 shares of the specialty retailer’s stock worth $2,881,000 after acquiring an additional 34 shares in the last quarter. Resonant Capital Advisors LLC boosted its holdings in Ulta Beauty by 2.2% in the fourth quarter. Resonant Capital Advisors LLC now owns 1,576 shares of the specialty retailer’s stock worth $685,000 after acquiring an additional 34 shares in the last quarter. Clear Creek Financial Management LLC boosted its holdings in Ulta Beauty by 4.4% in the fourth quarter. Clear Creek Financial Management LLC now owns 832 shares of the specialty retailer’s stock worth $362,000 after acquiring an additional 35 shares in the last quarter. Finally, Argonautica Private Wealth Management Inc. boosted its holdings in Ulta Beauty by 4.2% in the fourth quarter. Argonautica Private Wealth Management Inc. now owns 861 shares of the specialty retailer’s stock worth $374,000 after acquiring an additional 35 shares in the last quarter. 90.39% of the stock is currently owned by institutional investors.

Ulta Beauty Price Performance

Ulta Beauty stock opened at $329.23 on Thursday. Ulta Beauty, Inc. has a one year low of $318.17 and a one year high of $574.76. The business has a fifty day moving average price of $388.78 and a 200-day moving average price of $387.32. The firm has a market capitalization of $15.27 billion, a P/E ratio of 13.17, a PEG ratio of 0.89 and a beta of 1.34.

Analysts Set New Price Targets

Several analysts have recently commented on ULTA shares. Morgan Stanley raised Ulta Beauty from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, February 19th. Telsey Advisory Group reissued an “outperform” rating and issued a $500.00 price objective on shares of Ulta Beauty in a research note on Monday. UBS Group increased their price objective on Ulta Beauty from $470.00 to $490.00 and gave the stock a “buy” rating in a research note on Friday, December 6th. Canaccord Genuity Group increased their price target on Ulta Beauty from $500.00 to $538.00 and gave the company a “buy” rating in a research report on Tuesday, January 7th. Finally, Wells Fargo & Company increased their price target on Ulta Beauty from $350.00 to $370.00 and gave the company an “underweight” rating in a research report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat.com, Ulta Beauty currently has an average rating of “Hold” and a consensus target price of $459.22.

About Ulta Beauty

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.