Heartland Bank & Trust Co Sells 49 Shares of Ulta Beauty, Inc. (NASDAQ:ULTA)

Heartland Bank & Trust Co lowered its stake in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 3.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,216 shares of the specialty retailer’s stock after selling 49 shares during the quarter. Heartland Bank & Trust Co’s holdings in Ulta Beauty were worth $473,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of ULTA. Hsbc Holdings PLC increased its position in Ulta Beauty by 87.3% during the second quarter. Hsbc Holdings PLC now owns 337,882 shares of the specialty retailer’s stock worth $130,380,000 after acquiring an additional 157,497 shares during the period. Boston Partners boosted its stake in Ulta Beauty by 47.7% during the first quarter. Boston Partners now owns 476,027 shares of the specialty retailer’s stock worth $246,862,000 after buying an additional 153,727 shares in the last quarter. TD Asset Management Inc boosted its stake in Ulta Beauty by 33.6% during the first quarter. TD Asset Management Inc now owns 544,072 shares of the specialty retailer’s stock worth $284,484,000 after buying an additional 136,725 shares in the last quarter. Swedbank AB boosted its stake in Ulta Beauty by 107.0% during the second quarter. Swedbank AB now owns 240,191 shares of the specialty retailer’s stock worth $92,683,000 after buying an additional 124,164 shares in the last quarter. Finally, Epoch Investment Partners Inc. boosted its stake in Ulta Beauty by 26.4% during the second quarter. Epoch Investment Partners Inc. now owns 356,128 shares of the specialty retailer’s stock worth $137,419,000 after buying an additional 74,319 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Price Performance

Shares of ULTA stock opened at $367.02 on Thursday. The stock has a market cap of $17.29 billion, a PE ratio of 14.73, a price-to-earnings-growth ratio of 2.10 and a beta of 1.32. The stock has a 50-day moving average of $376.31 and a 200-day moving average of $384.77. Ulta Beauty, Inc. has a one year low of $318.17 and a one year high of $574.76.

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

Analyst Ratings Changes

Several equities research analysts have recently commented on ULTA shares. The Goldman Sachs Group reduced their target price on shares of Ulta Beauty from $475.00 to $412.00 and set a “neutral” rating on the stock in a research note on Monday, August 12th. B. Riley started coverage on shares of Ulta Beauty in a research note on Tuesday, September 10th. They issued a “sell” rating and a $300.00 target price on the stock. Raymond James reduced their target price on shares of Ulta Beauty from $450.00 to $440.00 and set an “outperform” rating on the stock in a research note on Monday, October 14th. BMO Capital Markets set a $385.00 target price on shares of Ulta Beauty in a research note on Thursday, October 17th. Finally, Barclays boosted their target price on shares of Ulta Beauty from $328.00 to $335.00 and gave the company an “equal weight” rating in a research note on Friday, August 30th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $420.71.

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.