Natixis Advisors LLC Has $10.36 Million Stock Position in Ulta Beauty, Inc. (NASDAQ:ULTA)

Natixis Advisors LLC cut its stake in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 29.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,822 shares of the specialty retailer’s stock after selling 9,827 shares during the period. Natixis Advisors LLC owned 0.05% of Ulta Beauty worth $10,361,000 at the end of the most recent quarter.

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

Analyst Upgrades and Downgrades

ULTA has been the topic of a number of recent research reports. UBS Group raised their price target on shares of Ulta Beauty from $470.00 to $490.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. Piper Sandler lowered their target price on shares of Ulta Beauty from $425.00 to $364.00 and set a “neutral” rating on the stock in a report on Friday, March 14th. Stifel Nicolaus dropped their price target on shares of Ulta Beauty from $475.00 to $400.00 and set a “hold” rating for the company in a research report on Friday, March 14th. Citigroup reduced their price target on Ulta Beauty from $405.00 to $365.00 and set a “neutral” rating on the stock in a research report on Monday. Finally, BMO Capital Markets dropped their price objective on Ulta Beauty from $467.00 to $404.00 and set a “market perform” rating for the company in a report on Friday, March 14th. 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 data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $427.13.

Ulta Beauty Trading Down 0.0 %

NASDAQ:ULTA opened at $343.72 on Thursday. The stock’s 50-day moving average is $380.41 and its 200-day moving average is $386.50. Ulta Beauty, Inc. has a 1-year low of $309.01 and a 1-year high of $532.70. The stock has a market cap of $15.94 billion, a P/E ratio of 13.75, a price-to-earnings-growth ratio of 0.89 and a beta of 1.34.

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

Ulta Beauty Company 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.