Norinchukin Bank The Has $961,000 Position in Ulta Beauty, Inc. (NASDAQ:ULTA)

Norinchukin Bank The lifted its holdings in Ulta Beauty, Inc. (NASDAQ:ULTA) by 9.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,210 shares of the specialty retailer’s stock after purchasing an additional 199 shares during the quarter. Norinchukin Bank The’s holdings in Ulta Beauty were worth $961,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of ULTA. Prestige Wealth Management Group LLC increased its position in shares of Ulta Beauty by 121.4% during the fourth quarter. Prestige Wealth Management Group LLC now owns 62 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 34 shares in the last quarter. Westside Investment Management Inc. raised its stake in shares of Ulta Beauty by 151.5% in the 3rd quarter. Westside Investment Management Inc. now owns 83 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 50 shares during the period. Edge Capital Group LLC bought a new stake in shares of Ulta Beauty in the fourth quarter valued at about $33,000. Future Financial Wealth Managment LLC acquired a new position in shares of Ulta Beauty during the fourth quarter worth about $43,000. Finally, Ameliora Wealth Management Ltd. bought a new position in shares of Ulta Beauty during the fourth quarter worth about $43,000. 90.39% of the stock is owned by institutional investors.

Ulta Beauty Stock Up 2.2 %

NASDAQ ULTA opened at $365.67 on Tuesday. Ulta Beauty, Inc. has a 12-month low of $309.01 and a 12-month high of $460.00. The firm has a 50-day moving average price of $357.01 and a two-hundred day moving average price of $382.28. The company has a market capitalization of $16.57 billion, a P/E ratio of 14.63, a P/E/G ratio of 0.89 and a beta of 1.16.

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

Wall Street Analyst Weigh In

A number of research firms have weighed in on ULTA. Stifel Nicolaus reduced their price target on Ulta Beauty from $475.00 to $400.00 and set a “hold” rating for the company in a research report on Friday, March 14th. DA Davidson restated a “buy” rating and set a $415.00 target price on shares of Ulta Beauty in a report on Wednesday, April 16th. BMO Capital Markets lowered their price target on shares of Ulta Beauty from $467.00 to $404.00 and set a “market perform” rating on the stock in a research note on Friday, March 14th. Barclays reduced their price objective on shares of Ulta Beauty from $445.00 to $327.00 and set an “equal weight” rating for the company in a research note on Friday, March 14th. Finally, The Goldman Sachs Group raised Ulta Beauty from a “neutral” rating to a “buy” rating and increased their price target for the company from $384.00 to $423.00 in a research report on Tuesday, April 1st. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat.com, Ulta Beauty has an average rating of “Hold” and an average price target of $427.61.

Insider Activity at Ulta Beauty

In other Ulta Beauty news, insider Jodi J. Caro sold 902 shares of the firm’s stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $369.16, for a total value of $332,982.32. Following the transaction, the insider now directly owns 7,632 shares of the company’s stock, valued at $2,817,429.12. This trade represents a 10.57 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.39% of the stock is owned by insiders.

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.