UNIVEST FINANCIAL Corp Sells 82 Shares of Ulta Beauty, Inc. (NASDAQ:ULTA)

UNIVEST FINANCIAL Corp lessened its holdings in Ulta Beauty, Inc. (NASDAQ:ULTA) by 0.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,582 shares of the specialty retailer’s stock after selling 82 shares during the period. UNIVEST FINANCIAL Corp’s holdings in Ulta Beauty were worth $4,602,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Geode Capital Management LLC boosted its stake in shares of Ulta Beauty by 0.9% during the 3rd quarter. Geode Capital Management LLC now owns 1,188,730 shares of the specialty retailer’s stock worth $461,059,000 after acquiring an additional 10,153 shares in the last quarter. Amundi lifted its holdings in Ulta Beauty by 19.7% in the 4th quarter. Amundi now owns 450,239 shares of the specialty retailer’s stock worth $186,912,000 after purchasing an additional 74,013 shares during the last quarter. Holocene Advisors LP boosted its position in Ulta Beauty by 3,246.2% during the third quarter. Holocene Advisors LP now owns 346,262 shares of the specialty retailer’s stock worth $134,737,000 after purchasing an additional 335,914 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Ulta Beauty by 4.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 319,938 shares of the specialty retailer’s stock valued at $139,151,000 after purchasing an additional 12,273 shares during the last quarter. Finally, Summitry LLC lifted its stake in shares of Ulta Beauty by 2.4% in the fourth quarter. Summitry LLC now owns 216,671 shares of the specialty retailer’s stock worth $94,237,000 after buying an additional 5,137 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Loop Capital lifted their target price on shares of Ulta Beauty from $450.00 to $480.00 and gave the stock a “buy” rating in a report on Monday, December 9th. Stifel Nicolaus dropped their price objective on Ulta Beauty from $475.00 to $400.00 and set a “hold” rating on the stock in a research note on Friday, March 14th. UBS Group boosted their price objective on Ulta Beauty from $470.00 to $490.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. BMO Capital Markets dropped their price target on Ulta Beauty from $467.00 to $404.00 and set a “market perform” rating on the stock in a research report on Friday, March 14th. Finally, Oppenheimer increased their price objective on Ulta Beauty from $505.00 to $515.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $427.13.

Ulta Beauty Stock Up 1.3 %

Shares of NASDAQ:ULTA opened at $370.75 on Wednesday. The stock has a market capitalization of $17.19 billion, a PE ratio of 14.84, a price-to-earnings-growth ratio of 0.89 and a beta of 1.34. The firm’s 50 day moving average price is $376.15 and its 200-day moving average price is $386.59. Ulta Beauty, Inc. has a twelve month low of $309.01 and a twelve month high of $529.67.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Thursday, March 13th. The specialty retailer reported $8.46 earnings per share for the quarter, beating analysts’ consensus estimates of $7.13 by $1.33. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The firm had revenue of $3.49 billion during the quarter, compared to analyst estimates of $3.47 billion. During the same quarter last year, the business posted $8.08 earnings per share. The business’s quarterly revenue was down 1.9% compared to the same quarter last year. Analysts expect that Ulta Beauty, Inc. will post 23.96 earnings per share for the current fiscal year.

Ulta Beauty Company 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.