Bank of New Hampshire lowered its stake in Ulta Beauty, Inc. (NASDAQ:ULTA – Free Report) by 55.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 80 shares of the specialty retailer’s stock after selling 98 shares during the period. Bank of New Hampshire’s holdings in Ulta Beauty were worth $35,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the stock. International Assets Investment Management LLC lifted its holdings in Ulta Beauty by 180,713.0% in the 3rd quarter. International Assets Investment Management LLC now owns 1,238,569 shares of the specialty retailer’s stock worth $481,952,000 after purchasing an additional 1,237,884 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Ulta Beauty by 0.9% in the third quarter. Geode Capital Management LLC now owns 1,188,730 shares of the specialty retailer’s stock worth $461,059,000 after buying an additional 10,153 shares during the last quarter. Ontario Teachers Pension Plan Board bought a new stake in shares of Ulta Beauty during the 3rd quarter worth $359,480,000. Champlain Investment Partners LLC grew its stake in Ulta Beauty by 5.4% in the 3rd quarter. Champlain Investment Partners LLC now owns 610,400 shares of the specialty retailer’s stock valued at $237,519,000 after buying an additional 31,540 shares during the last quarter. Finally, Alecta Tjanstepension Omsesidigt grew its stake in Ulta Beauty by 14.4% in the 3rd quarter. Alecta Tjanstepension Omsesidigt now owns 516,405 shares of the specialty retailer’s stock valued at $200,944,000 after buying an additional 65,000 shares during the last quarter. Institutional investors own 90.39% of the company’s stock.
Ulta Beauty Trading Down 0.7 %
NASDAQ:ULTA opened at $428.27 on Wednesday. The stock has a market capitalization of $19.86 billion, a P/E ratio of 17.14, a price-to-earnings-growth ratio of 2.38 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 has a 50 day moving average of $399.50 and a 200-day moving average of $383.42.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on ULTA. Telsey Advisory Group restated an “outperform” rating and set a $500.00 price target on shares of Ulta Beauty in a report on Tuesday. Bank of America raised their target price on Ulta Beauty from $460.00 to $475.00 and gave the company a “neutral” rating in a report on Tuesday. Wells Fargo & Company upped their price target on Ulta Beauty from $350.00 to $370.00 and gave the stock an “underweight” rating in a report on Tuesday. William Blair downgraded shares of Ulta Beauty from an “outperform” rating to a “market perform” rating in a research note on Thursday, November 21st. Finally, Oppenheimer upped their target price on shares of Ulta Beauty from $505.00 to $515.00 and gave the company an “outperform” rating in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Ulta Beauty currently has a consensus rating of “Hold” and an average target price of $454.43.
Get Our Latest Stock Report on ULTA
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.
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