Victory Capital Management Inc. increased its stake in shares of Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) by 51.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 221,652 shares of the company’s stock after buying an additional 74,926 shares during the period. Victory Capital Management Inc.’s holdings in Ulta Salon, Cosmetics & Fragrance were worth $52,748,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of ULTA. Vanguard Group Inc. increased its position in Ulta Salon, Cosmetics & Fragrance by 23.1% in the second quarter. Vanguard Group Inc. now owns 5,282,445 shares of the company’s stock valued at $1,287,015,000 after buying an additional 989,926 shares during the last quarter. Jennison Associates LLC increased its position in Ulta Salon, Cosmetics & Fragrance by 83.6% in the third quarter. Jennison Associates LLC now owns 2,029,500 shares of the company’s stock valued at $482,980,000 after buying an additional 924,308 shares during the last quarter. State Street Corp increased its position in Ulta Salon, Cosmetics & Fragrance by 37.8% in the second quarter. State Street Corp now owns 2,425,671 shares of the company’s stock valued at $590,980,000 after buying an additional 666,016 shares during the last quarter. JPMorgan Chase & Co. increased its position in Ulta Salon, Cosmetics & Fragrance by 30.6% in the second quarter. JPMorgan Chase & Co. now owns 2,459,504 shares of the company’s stock valued at $599,233,000 after buying an additional 576,370 shares during the last quarter. Finally, Capital World Investors increased its position in Ulta Salon, Cosmetics & Fragrance by 8.2% in the second quarter. Capital World Investors now owns 4,859,000 shares of the company’s stock valued at $1,183,847,000 after buying an additional 366,769 shares during the last quarter. 85.58% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA)

Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) opened at 260.93 on Tuesday. Ulta Salon, Cosmetics & Fragrance Inc. has a 52 week low of $146.77 and a 52 week high of $278.63. The company has a 50-day moving average of $246.83 and a 200-day moving average of $244.93. The stock has a market cap of $16.27 billion, a P/E ratio of 45.93 and a beta of 0.71.

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Several equities analysts have issued reports on ULTA shares. Oppenheimer Holdings Inc. reaffirmed an “outperform” rating and set a $300.00 price objective on shares of Ulta Salon, Cosmetics & Fragrance in a report on Tuesday, October 4th. Robert W. Baird reaffirmed an “outperform” rating and set a $300.00 price objective (up from $280.00) on shares of Ulta Salon, Cosmetics & Fragrance in a report on Wednesday, August 24th. Piper Jaffray Cos. reaffirmed an “overweight” rating and set a $290.00 price objective on shares of Ulta Salon, Cosmetics & Fragrance in a report on Wednesday, August 31st. RBC Capital Markets set a $270.00 price target on shares of Ulta Salon, Cosmetics & Fragrance and gave the stock a “hold” rating in a research note on Monday, August 29th. Finally, Royal Bank Of Canada raised their price target on shares of Ulta Salon, Cosmetics & Fragrance from $225.00 to $270.00 and gave the stock a “sector perform” rating in a research note on Monday, August 29th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have assigned a buy rating to the company. Ulta Salon, Cosmetics & Fragrance presently has a consensus rating of “Buy” and a consensus target price of $265.50.

In other news, Director Dennis K. Eck bought 11,000 shares of Ulta Salon, Cosmetics & Fragrance stock in a transaction on Wednesday, September 7th. The shares were bought at an average cost of $246.97 per share, for a total transaction of $2,716,670.00. Following the acquisition, the director now owns 498,530 shares in the company, valued at $123,121,954.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Catherine Ann Halligan sold 400 shares of the company’s stock in a transaction dated Wednesday, September 21st. The shares were sold at an average price of $239.40, for a total transaction of $95,760.00. Following the completion of the transaction, the director now owns 3,921 shares in the company, valued at $938,687.40. The disclosure for this sale can be found here. 6.90% of the stock is currently owned by company insiders.

About Ulta Salon, Cosmetics & Fragrance

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.

5 Day Chart for NASDAQ:ULTA

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