Investors bought shares of Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) on weakness during trading 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 companies 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

Several analysts have recently commented on the stock. Robert W. Baird restated an “outperform” rating and set a $300.00 price objective (up from $280.00) on shares of Ulta Salon, Cosmetics & Fragrance in a research report on Wednesday. Piper Jaffray Cos. raised their price objective on shares of Ulta Salon, Cosmetics & Fragrance from $250.00 to $290.00 and gave the company an “overweight” rating in a research report on Monday, August 22nd. Deutsche Bank AG raised their price objective on shares of Ulta Salon, Cosmetics & Fragrance from $225.00 to $280.00 and gave the company a “hold” rating in a research report on Friday. Jefferies Group raised their price objective on shares of Ulta Salon, Cosmetics & Fragrance from $215.00 to $255.00 and gave the company a “hold” rating in a research report on Friday. Finally, Buckingham Research raised their price objective on shares of Ulta Salon, Cosmetics & Fragrance from $285.00 to $325.00 and gave the company a “buy” rating in a research report on Friday. One investment 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 stock presently has an average rating of “Buy” and an average price target of $254.91.

The stock’s 50 day moving average is $261.33 and its 200-day moving average is $218.14. The company has a market capitalization of $15.90 billion and a P/E ratio of 44.86.

Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA) last posted its quarterly earnings data on Thursday, August 25th. The company reported $1.43 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.40 by $0.03. During the same period in the previous year, the business earned $1.15 earnings per share. The company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.06 billion. The business’s revenue for the quarter was up 21.9% on a year-over-year basis. Equities analysts anticipate that Ulta Salon, Cosmetics & Fragrance Inc. will post $6.17 earnings per share for the current year.

Other institutional investors recently bought and sold shares of the company. BlackRock Advisors LLC increased 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 valued at $13,851,000 after buying an additional 60,262 shares during the last quarter. KBC Group NV boosted its stake in shares of 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 period. Utah Retirement Systems boosted its stake in shares of 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 period. Finally, Bank of Montreal Can boosted its stake in shares of 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 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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