Bank of New Hampshire Has $35,000 Stake in Ulta Beauty, Inc. (NASDAQ:ULTA)

Bank of New Hampshire lowered its stake in Ulta Beauty, Inc. (NASDAQ:ULTAFree 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.

Ulta Beauty (NASDAQ:ULTAGet Free Report) last issued its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $5.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.45 by $0.69. The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.50 billion. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The business’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.07 EPS. As a group, analysts forecast that Ulta Beauty, Inc. will post 23.57 EPS for the current fiscal year.

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

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Ulta Beauty (NASDAQ:ULTA)

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