Investors bought shares of Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) on weakness during trading hours on Thursday. $140.55 million flowed into the stock on the tick-up and $129.48 million flowed out of the stock on the tick-down, for a money net flow of $11.07 million into the stock. Of all equities tracked, Ulta Salon, Cosmetics & Fragrance had the 15th highest net in-flow for the day. Ulta Salon, Cosmetics & Fragrance traded down ($2.53) for the day and closed at $271.45

A number of analysts recently commented on the stock. JPMorgan Chase & Co. upped their price target on shares of Ulta Salon, Cosmetics & Fragrance from $231.00 to $245.00 and gave the company an “overweight” rating in a research note on Friday, May 27th. Nomura restated a “buy” rating on shares of Ulta Salon, Cosmetics & Fragrance in a research note on Sunday, May 29th. Deutsche Bank AG upped their price target on shares of Ulta Salon, Cosmetics & Fragrance from $178.00 to $225.00 and gave the company a “hold” rating in a research note on Friday, May 27th. Robert W. Baird restated a “buy” rating on shares of Ulta Salon, Cosmetics & Fragrance in a research note on Sunday, May 29th. Finally, Royal Bank Of Canada restated a “hold” rating on shares of Ulta Salon, Cosmetics & Fragrance in a research note on Sunday, May 29th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $239.74.

The firm has a market cap of $16.95 billion and a P/E ratio of 50.36. The company’s 50-day moving average is $261.12 and its 200-day moving average is $217.43.

Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA) last announced its earnings results on Thursday, August 25th. The company reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.40 by $0.03. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter last year, the firm posted $1.15 earnings per share. The business’s quarterly revenue was up 21.9% compared to the same quarter last year. On average, equities research analysts forecast that Ulta Salon, Cosmetics & Fragrance Inc. will post $6.16 earnings per share for the current year.

Several institutional investors have recently bought and sold shares of ULTA. BlackRock Advisors LLC raised its position 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 worth $13,851,000 after buying an additional 60,262 shares during the last quarter. 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 worth $2,144,000 after buying an additional 100 shares during the last quarter. KBC Group NV raised its position 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 worth $4,595,000 after buying an additional 21,948 shares during the last quarter. 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 worth $1,258,000 after buying an additional 3,279 shares during the last quarter.

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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