Oregon Public Employees Retirement Fund Sells 75 Shares of Ulta Beauty, Inc. (NASDAQ:ULTA)

Oregon Public Employees Retirement Fund reduced its stake in Ulta Beauty, Inc. (NASDAQ:ULTA) by 1.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,044 shares of the specialty retailer’s stock after selling 75 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Ulta Beauty were worth $1,759,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of ULTA. Sunbelt Securities Inc. increased its stake in Ulta Beauty by 118.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 83 shares of the specialty retailer’s stock worth $32,000 after buying an additional 45 shares in the last quarter. Westside Investment Management Inc. increased its stake in Ulta Beauty by 151.5% in the 3rd quarter. Westside Investment Management Inc. now owns 83 shares of the specialty retailer’s stock worth $32,000 after buying an additional 50 shares in the last quarter. Edge Capital Group LLC purchased a new stake in Ulta Beauty in the 4th quarter worth $33,000. Harvest Fund Management Co. Ltd purchased a new stake in Ulta Beauty in the 3rd quarter worth $41,000. Finally, Future Financial Wealth Managment LLC purchased a new stake in Ulta Beauty in the 4th quarter worth $43,000. 90.39% of the stock is owned by institutional investors.

Ulta Beauty Price Performance

Shares of NASDAQ ULTA opened at $366.36 on Friday. The company has a market cap of $16.99 billion, a P/E ratio of 14.66, a PEG ratio of 0.89 and a beta of 1.28. Ulta Beauty, Inc. has a 1 year low of $318.17 and a 1 year high of $574.76. The firm has a 50-day simple moving average of $403.04 and a two-hundred day simple moving average of $388.12.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $5.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.45 by $0.69. The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.50 billion. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The firm’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the firm earned $5.07 earnings per share. As a group, equities research analysts expect that Ulta Beauty, Inc. will post 23.96 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on ULTA shares. StockNews.com upgraded Ulta Beauty from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th. Morgan Stanley upgraded Ulta Beauty from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, February 19th. UBS Group increased their price target on Ulta Beauty from $470.00 to $490.00 and gave the stock a “buy” rating in a research note on Friday, December 6th. Stifel Nicolaus raised their price objective on Ulta Beauty from $455.00 to $475.00 and gave the company a “hold” rating in a research report on Tuesday, January 7th. Finally, Wells Fargo & Company raised their price objective on Ulta Beauty from $350.00 to $370.00 and gave the company an “underweight” rating in a research report on Tuesday, January 7th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $459.22.

Ulta Beauty Profile

Ulta Beauty, Inc operates as a specialty beauty retailer in the United States. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.com website, and its mobile applications.