Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Ulta Beauty Inc (NASDAQ:ULTA) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 5,985 shares of the specialty retailer’s stock, valued at approximately $1,397,000.

Several other large investors have also made changes to their positions in ULTA. Profund Advisors LLC lifted its stake in Ulta Beauty by 3.8% in the first quarter. Profund Advisors LLC now owns 5,590 shares of the specialty retailer’s stock worth $1,142,000 after purchasing an additional 204 shares during the last quarter. First National Bank of Omaha increased its position in shares of Ulta Beauty by 0.5% during the second quarter. First National Bank of Omaha now owns 43,749 shares of the specialty retailer’s stock worth $7,303,000 after acquiring an additional 223 shares during the period. Alps Advisors Inc. increased its position in shares of Ulta Beauty by 11.2% during the first quarter. Alps Advisors Inc. now owns 2,305 shares of the specialty retailer’s stock worth $471,000 after acquiring an additional 232 shares during the period. Huntington National Bank increased its position in shares of Ulta Beauty by 120.0% during the second quarter. Huntington National Bank now owns 440 shares of the specialty retailer’s stock worth $103,000 after acquiring an additional 240 shares during the period. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in shares of Ulta Beauty by 1.6% during the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 16,761 shares of the specialty retailer’s stock worth $3,913,000 after acquiring an additional 259 shares during the period. 91.79% of the stock is owned by hedge funds and other institutional investors.

Shares of ULTA stock opened at $235.04 on Monday. The company has a market cap of $14.23 billion, a P/E ratio of 28.80, a price-to-earnings-growth ratio of 1.17 and a beta of 0.72. Ulta Beauty Inc has a 52-week low of $187.96 and a 52-week high of $261.40.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Thursday, May 31st. The specialty retailer reported $2.70 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.48 by $0.22. The company had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.52 billion. Ulta Beauty had a net margin of 9.67% and a return on equity of 32.15%. Ulta Beauty’s revenue was up 17.4% compared to the same quarter last year. During the same period last year, the company posted $1.91 earnings per share. equities analysts predict that Ulta Beauty Inc will post 10.84 EPS for the current year.

In other Ulta Beauty news, CFO Scott M. Settersten sold 7,032 shares of Ulta Beauty stock in a transaction on Tuesday, June 5th. The shares were sold at an average price of $253.09, for a total value of $1,779,728.88. Following the transaction, the chief financial officer now directly owns 9,380 shares of the company’s stock, valued at $2,373,984.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Catherine Ann Halligan sold 400 shares of Ulta Beauty stock in a transaction on Tuesday, June 5th. The stock was sold at an average price of $252.44, for a total transaction of $100,976.00. Following the completion of the transaction, the director now directly owns 3,188 shares in the company, valued at $804,778.72. The disclosure for this sale can be found here. Over the last three months, insiders have sold 80,432 shares of company stock worth $20,206,877. 5.60% of the stock is currently owned by corporate insiders.

A number of equities analysts have recently commented on ULTA shares. Zacks Investment Research raised shares of Ulta Beauty from a “hold” rating to a “buy” rating and set a $280.00 target price on the stock in a research report on Wednesday, May 16th. UBS Group started coverage on shares of Ulta Beauty in a research report on Wednesday, May 16th. They set a “buy” rating and a $290.00 target price on the stock. Robert W. Baird set a $290.00 target price on shares of Ulta Beauty and gave the stock a “buy” rating in a research report on Wednesday, May 30th. Piper Jaffray Companies set a $268.00 target price on shares of Ulta Beauty and gave the stock a “buy” rating in a research report on Tuesday, May 29th. Finally, Jefferies Financial Group set a $285.00 target price on shares of Ulta Beauty and gave the stock a “buy” rating in a research report on Tuesday, May 29th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $265.20.

Ulta Beauty Company Profile

Ulta Beauty, Inc operates as a beauty retailer in the United States. The company's stores offer cosmetics, fragrances, haircare and skincare products, bath and body products, and salon styling tools; salon services, including hair, skin, and brow services; and others, including nail products and accessories.

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Institutional Ownership by Quarter for Ulta Beauty (NASDAQ:ULTA)

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