Swiss National Bank trimmed its stake in Ulta Beauty Inc. (NASDAQ:ULTA – Free Report) by 5.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 129,500 shares of the specialty retailer’s stock after selling 7,700 shares during the quarter. Swiss National Bank owned 0.29% of Ulta Beauty worth $70,804,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ULTA. Focus Partners Wealth boosted its stake in shares of Ulta Beauty by 231.6% during the 1st quarter. Focus Partners Wealth now owns 3,744 shares of the specialty retailer’s stock valued at $1,372,000 after buying an additional 2,615 shares during the period. Intech Investment Management LLC increased its stake in shares of Ulta Beauty by 48.9% in the first quarter. Intech Investment Management LLC now owns 4,795 shares of the specialty retailer’s stock worth $1,758,000 after acquiring an additional 1,574 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Ulta Beauty in the second quarter worth $466,000. Fox Run Management L.L.C. purchased a new stake in shares of Ulta Beauty during the second quarter worth $357,000. Finally, AE Wealth Management LLC purchased a new stake in shares of Ulta Beauty during the second quarter worth $284,000. 90.39% of the stock is owned by hedge funds and other institutional investors.
Ulta Beauty Trading Up 0.8%
NASDAQ ULTA opened at $652.65 on Thursday. The company has a fifty day simple moving average of $666.89 and a 200 day simple moving average of $586.51. The company has a market cap of $28.95 billion, a P/E ratio of 25.02, a P/E/G ratio of 3.02 and a beta of 0.82. Ulta Beauty Inc. has a 1 year low of $309.01 and a 1 year high of $714.97.
More Ulta Beauty News
- Positive Sentiment: Canaccord Genuity raised its price target to $799 and kept a “buy” rating, signaling strong upside expectations from the sell-side ahead of earnings. Benzinga
- Positive Sentiment: Telsey Advisory Group raised its price target to $715, reflecting bullish views on Ulta’s growth trajectory and margin outlook. Telsey Advisory Group Increases Ulta Beauty (NASDAQ:ULTA) Price Target to $715.00
- Positive Sentiment: Barclays published a bullish forecast for ULTA, calling for strong price appreciation — another vote of confidence from major firms ahead of the quarter. Barclays Forecasts Strong Price Appreciation for Ulta Beauty (NASDAQ:ULTA) Stock
- Positive Sentiment: Wall Street chatter shows several firms lifting targets on Ulta ahead of earnings, adding upward pressure to the stock via improved sentiment. Wall Street Lifts Targets on Five Below, Ulta Beauty and Nature’s Sunshine Ahead of Key Earnings Reports
- Positive Sentiment: MarketWatch highlights that Ulta may post higher Q4 sales on the launch of Selena Gomez’s makeup brand — a potentially meaningful top-line catalyst if sell-through is strong. Ulta Beauty May Post Higher 4Q Sales on Launch of Selena Gomez’s Makeup Brand — Earnings Preview
- Positive Sentiment: Promotions: Ulta’s “21 Days of Beauty” sale is live and attracting press coverage and shopper traffic — a near-term demand driver that can lift Q4/Q1 comps. Ulta’s 21 Days of Beauty Sale Is in Full Swing — Shop Editor-Loved Deals Up to 50% Off
- Neutral Sentiment: Broader coverage/preview pieces (earnings previews and weekly deal roundups) are increasing attention but mainly reiterate expectations rather than new data; these will amplify volatility around the report. What To Expect From Ulta’s (ULTA) Q4 Earnings
- Neutral Sentiment: Industry/brand moves: Keracolor’s national retail expansion and refreshed digital footprint signal competition and category growth — a mixed development for retailers like Ulta (more category interest, but increased competition). Keracolor Debuts Brand Evolution, Celebrating a Decade of Innovation with New Digital Footprint and National Retail Expansion
- Negative Sentiment: Wells Fargo raised its target but set it at $500 — below the current trading level — which is a relatively conservative signal and could cap upside if others follow suit. Wells Fargo & Company Boosts Ulta Beauty (NASDAQ:ULTA) Price Target to $500.00
Analyst Upgrades and Downgrades
A number of research analysts have commented on the company. Raymond James Financial restated a “strong-buy” rating on shares of Ulta Beauty in a research note on Tuesday. Canaccord Genuity Group lifted their price target on Ulta Beauty from $674.00 to $799.00 and gave the company a “buy” rating in a report on Tuesday. Deutsche Bank Aktiengesellschaft set a $732.00 price target on Ulta Beauty in a research note on Thursday, January 8th. Bank of America increased their price objective on Ulta Beauty from $610.00 to $685.00 and gave the stock a “neutral” rating in a report on Thursday, January 8th. Finally, TD Cowen raised their price objective on shares of Ulta Beauty from $725.00 to $775.00 and gave the company a “buy” rating in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $638.12.
Read Our Latest Analysis on ULTA
Ulta Beauty Company Profile
Ulta Beauty, Inc (NASDAQ: ULTA) is a U.S.-based specialty retailer and beauty services provider focused on cosmetics, fragrance, skin care, hair care, bath and body, and beauty tools. The company operates a dual-format business that combines brick-and-mortar retail stores with an e-commerce platform, offering a broad assortment of national, prestige and mass-market brands alongside its own private-label products. In many locations Ulta also provides full-service salon treatments, positioning the company as a one-stop destination for product discovery and in-store services.
The retailer’s product mix spans color cosmetics, haircare and styling products, skin and body care, fragrance, and accessories, catering to a wide range of consumer preferences and price points.
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