Natixis bought a new position in shares of Ulta Beauty Inc (NASDAQ:ULTA) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 46,749 shares of the specialty retailer’s stock, valued at approximately $10,914,000.

Several other institutional investors have also recently bought and sold shares of the business. BlackRock Inc. lifted its position in shares of Ulta Beauty by 3.9% during the 1st quarter. BlackRock Inc. now owns 5,358,580 shares of the specialty retailer’s stock worth $1,094,597,000 after buying an additional 198,890 shares in the last quarter. FMR LLC raised its holdings in shares of Ulta Beauty by 24.0% in the 2nd quarter. FMR LLC now owns 948,576 shares of the specialty retailer’s stock worth $221,454,000 after purchasing an additional 183,611 shares during the period. Wells Fargo & Company MN raised its holdings in shares of Ulta Beauty by 4.1% in the 2nd quarter. Wells Fargo & Company MN now owns 743,233 shares of the specialty retailer’s stock worth $173,515,000 after purchasing an additional 29,590 shares during the period. NN Investment Partners Holdings N.V. raised its holdings in shares of Ulta Beauty by 6.7% in the 2nd quarter. NN Investment Partners Holdings N.V. now owns 679,652 shares of the specialty retailer’s stock worth $158,670,000 after purchasing an additional 42,710 shares during the period. Finally, Renaissance Technologies LLC raised its holdings in shares of Ulta Beauty by 7.3% in the 2nd quarter. Renaissance Technologies LLC now owns 441,486 shares of the specialty retailer’s stock worth $103,069,000 after purchasing an additional 30,086 shares during the period. 90.68% of the stock is currently owned by hedge funds and other institutional investors.

In related news, Director Dennis K. Eck sold 3,500 shares of the company’s stock in a transaction on Friday, June 22nd. The shares were sold at an average price of $251.53, for a total value of $880,355.00. Following the completion of the transaction, the director now directly owns 380,294 shares in the company, valued at $95,655,349.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Dennis K. Eck sold 10,900 shares of the company’s stock in a transaction on Wednesday, June 20th. The stock was sold at an average price of $250.57, for a total transaction of $2,731,213.00. Following the completion of the transaction, the director now owns 386,794 shares of the company’s stock, valued at $96,918,972.58. The disclosure for this sale can be found here. Insiders sold 16,400 shares of company stock valued at $4,163,948 over the last quarter. 5.60% of the stock is owned by company insiders.

ULTA has been the topic of a number of research reports. BidaskClub raised shares of Ulta Beauty from a “hold” rating to a “buy” rating in a report on Tuesday. Zacks Investment Research cut shares of Ulta Beauty from a “buy” rating to a “hold” rating in a report on Thursday, July 19th. Buckingham Research lifted their price target on shares of Ulta Beauty from $270.00 to $300.00 and gave the stock a “buy” rating in a report on Wednesday, May 30th. OTR Global raised shares of Ulta Beauty to a “positive” rating in a report on Monday, May 21st. Finally, ValuEngine raised shares of Ulta Beauty from a “strong sell” rating to a “sell” rating in a report on Tuesday, July 10th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $266.72.

Shares of NASDAQ:ULTA opened at $283.63 on Thursday. Ulta Beauty Inc has a 52-week low of $187.96 and a 52-week high of $290.30. The firm has a market capitalization of $17.14 billion, a P/E ratio of 30.06, a P/E/G ratio of 1.42 and a beta of 0.73.

Ulta Beauty (NASDAQ:ULTA) last announced its earnings results on Thursday, August 30th. The specialty retailer reported $2.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.41 by $0.05. Ulta Beauty had a net margin of 9.91% and a return on equity of 33.29%. The company had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.49 billion. analysts predict that Ulta Beauty Inc will post 10.84 EPS for the current fiscal year.

About Ulta Beauty

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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