Investors bought shares of Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) on weakness during trading hours on Tuesday. $43.29 million flowed into the stock on the tick-up and $22.83 million flowed out of the stock on the tick-down, for a money net flow of $20.46 million into the stock. Of all stocks tracked, Ulta Salon, Cosmetics & Fragrance had the 21st highest net in-flow for the day. Ulta Salon, Cosmetics & Fragrance traded down ($0.53) for the day and closed at $259.02

Several research firms have weighed in on ULTA. KeyCorp boosted their price target on shares of Ulta Salon, Cosmetics & Fragrance from $220.00 to $250.00 and gave the stock an “overweight” rating in a research note on Friday, May 27th. Vetr raised shares of Ulta Salon, Cosmetics & Fragrance from a “strong sell” rating to a “sell” rating and set a $184.50 price target for the company in a research note on Monday, May 2nd. Piper Jaffray Cos. reissued a “buy” rating on shares of Ulta Salon, Cosmetics & Fragrance in a research note on Sunday, May 29th. Deutsche Bank AG reissued a “hold” rating and issued a $178.00 price target on shares of Ulta Salon, Cosmetics & Fragrance in a research note on Thursday, April 14th. Finally, Oppenheimer Holdings Inc. boosted their price target on shares of Ulta Salon, Cosmetics & Fragrance from $225.00 to $235.00 and gave the stock an “outperform” rating in a research note on Monday, May 23rd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $228.26.

The stock has a market cap of $16.18 billion and a PE ratio of 48.06. The stock has a 50-day moving average of $245.94 and a 200 day moving average of $204.02.

Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA) last released its earnings results on Thursday, May 26th. The company reported $1.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.29 by $0.16. The firm earned $1.07 billion during the quarter, compared to the consensus estimate of $1.03 billion. During the same quarter last year, the business posted $1.04 EPS. Ulta Salon, Cosmetics & Fragrance’s revenue was up 23.7% compared to the same quarter last year. Analysts forecast that Ulta Salon, Cosmetics & Fragrance Inc. will post $6.14 EPS for the current year.

Several large investors have recently added to or reduced their stakes in the company. BlackRock Advisors LLC raised its stake in Ulta Salon, Cosmetics & Fragrance by 412.6% in the fourth quarter. BlackRock Advisors LLC now owns 74,866 shares of the company’s stock valued at $13,851,000 after buying an additional 60,262 shares during the period. Utah Retirement Systems raised its stake in Ulta Salon, Cosmetics & Fragrance by 0.9% in the fourth quarter. Utah Retirement Systems now owns 11,592 shares of the company’s stock valued at $2,144,000 after buying an additional 100 shares during the period. KBC Group NV raised its stake in Ulta Salon, Cosmetics & Fragrance by 760.2% in the fourth quarter. KBC Group NV now owns 24,835 shares of the company’s stock valued at $4,595,000 after buying an additional 21,948 shares during the period. State of Tennessee Treasury Department purchased a new stake in Ulta Salon, Cosmetics & Fragrance during the fourth quarter valued at about $2,775,000. Finally, Catalyst Capital Advisors LLC raised its stake in Ulta Salon, Cosmetics & Fragrance by 19.3% in the fourth quarter. Catalyst Capital Advisors LLC now owns 73,775 shares of the company’s stock valued at $13,649,000 after buying an additional 11,960 shares during the period.

Ulta Salon, Cosmetics & Fragrance, Inc is a beauty retailer. The Company operates specialty retail stores selling cosmetics, fragrance, haircare and skincare products, and related accessories and services. The Company operates through three segments: retail stores, salon services and e-commerce. The Company also offers a full-service salon in every store featuring hair, skin and brow services.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.