Mather Group LLC. Sells 102 Shares of Ulta Beauty, Inc. (NASDAQ:ULTA)

Mather Group LLC. lowered its position in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 40.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 151 shares of the specialty retailer’s stock after selling 102 shares during the period. Mather Group LLC.’s holdings in Ulta Beauty were worth $66,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Tempus Wealth Planning LLC lifted its stake in Ulta Beauty by 18.1% during the fourth quarter. Tempus Wealth Planning LLC now owns 1,123 shares of the specialty retailer’s stock worth $488,000 after purchasing an additional 172 shares during the last quarter. Resonant Capital Advisors LLC lifted its stake in shares of Ulta Beauty by 2.2% in the 4th quarter. Resonant Capital Advisors LLC now owns 1,576 shares of the specialty retailer’s stock valued at $685,000 after acquiring an additional 34 shares during the last quarter. JB Capital LLC lifted its stake in shares of Ulta Beauty by 5.4% in the 4th quarter. JB Capital LLC now owns 8,178 shares of the specialty retailer’s stock valued at $3,557,000 after acquiring an additional 421 shares during the last quarter. Spire Wealth Management lifted its stake in shares of Ulta Beauty by 51.8% in the 4th quarter. Spire Wealth Management now owns 1,008 shares of the specialty retailer’s stock valued at $438,000 after acquiring an additional 344 shares during the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. lifted its stake in shares of Ulta Beauty by 1,455.0% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 21,972 shares of the specialty retailer’s stock valued at $9,556,000 after acquiring an additional 20,559 shares during the last quarter. Institutional investors own 90.39% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Oppenheimer boosted their target price on Ulta Beauty from $505.00 to $515.00 and gave the company an “outperform” rating in a research note on Tuesday, January 7th. Wells Fargo & Company boosted their target price on Ulta Beauty from $350.00 to $370.00 and gave the company an “underweight” rating in a research note on Tuesday, January 7th. Stifel Nicolaus boosted their target price on Ulta Beauty from $455.00 to $475.00 and gave the company a “hold” rating in a research note on Tuesday, January 7th. Barclays boosted their target price on Ulta Beauty from $410.00 to $445.00 and gave the company an “equal weight” rating in a research note on Thursday, January 9th. Finally, William Blair downgraded Ulta Beauty from an “outperform” rating to a “market perform” rating in a report on Thursday, November 21st. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $459.22.

Ulta Beauty Stock Down 6.7 %

Shares of ULTA opened at $374.79 on Friday. The business’s 50 day moving average price is $418.04 and its 200-day moving average price is $386.34. Ulta Beauty, Inc. has a 52 week low of $318.17 and a 52 week high of $574.76. The stock has a market cap of $17.38 billion, a P/E ratio of 15.00, a P/E/G ratio of 0.98 and a beta of 1.28.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings results on Thursday, December 5th. The specialty retailer reported $5.14 EPS for the quarter, topping analysts’ consensus estimates of $4.45 by $0.69. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The firm had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.50 billion. During the same period in the previous year, the firm posted $5.07 EPS. The business’s revenue for the quarter was up 1.7% compared to the same quarter last year. On average, equities analysts anticipate that Ulta Beauty, Inc. will post 23.96 EPS for the current year.

Ulta Beauty 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.