Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA)’s share price hit a new 52-week high on Monday . The company traded as high as $269.82 and last traded at $269.26, with a volume of 207,795 shares changing hands. The stock had previously closed at $266.80.

A number of research firms recently commented on ULTA. JPMorgan Chase & Co. restated a “buy” rating on shares of Ulta Salon, Cosmetics & Fragrance in a report on Sunday, May 29th. Piper Jaffray Cos. restated a “buy” rating on shares of Ulta Salon, Cosmetics & Fragrance in a report on Sunday, May 29th. Royal Bank Of Canada restated a “hold” rating on shares of Ulta Salon, Cosmetics & Fragrance in a report on Sunday, May 29th. Robert W. Baird restated a “buy” rating on shares of Ulta Salon, Cosmetics & Fragrance in a report on Sunday, May 29th. Finally, Telsey Advisory Group restated a “buy” rating on shares of Ulta Salon, Cosmetics & Fragrance in a report on Sunday, May 29th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $232.09.

The company’s 50-day moving average price is $254.13 and its 200 day moving average price is $211.23. The stock has a market capitalization of $16.67 billion and a price-to-earnings ratio of 49.53.

Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA) last announced its earnings results on Thursday, May 26th. The company reported $1.45 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.29 by $0.16. During the same period in the prior year, the business posted $1.04 EPS. The firm earned $1.07 billion during the quarter, compared to analyst estimates of $1.03 billion. The firm’s quarterly revenue was up 23.7% compared to the same quarter last year. Equities research analysts predict that Ulta Salon, Cosmetics & Fragrance Inc. will post $6.14 EPS for the current fiscal year.

Other hedge funds and institutional investors recently bought and sold shares of the company. Marshall Wace LLP bought a new position in Ulta Salon, Cosmetics & Fragrance during the fourth quarter valued at $7,269,000. Utah Retirement Systems raised its position 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. Mitsubishi UFJ Kokusai Asset Management CO. LTD. raised its position in Ulta Salon, Cosmetics & Fragrance by 7.3% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 7,627 shares of the company’s stock valued at $1,411,000 after buying an additional 516 shares during the period. Principal Financial Group Inc. raised its position in Ulta Salon, Cosmetics & Fragrance by 6.2% in the fourth quarter. Principal Financial Group Inc. now owns 33,106 shares of the company’s stock valued at $6,125,000 after buying an additional 1,927 shares during the period. Finally, Bank of Montreal Can raised its position in Ulta Salon, Cosmetics & Fragrance by 93.0% in the fourth quarter. Bank of Montreal Can now owns 6,805 shares of the company’s stock valued at $1,258,000 after buying an additional 3,279 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.

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