Danske Bank A S bought a new position in shares of Ulta Beauty Inc. (NASDAQ:ULTA – Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 58,958 shares of the specialty retailer’s stock, valued at approximately $32,235,000. Danske Bank A S owned approximately 0.13% of Ulta Beauty as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently bought and sold shares of ULTA. State of Wyoming boosted its position in shares of Ulta Beauty by 10.5% in the 3rd quarter. State of Wyoming now owns 211 shares of the specialty retailer’s stock worth $115,000 after buying an additional 20 shares in the last quarter. Quadrant Capital Group LLC increased its holdings in Ulta Beauty by 1.8% during the 2nd quarter. Quadrant Capital Group LLC now owns 1,165 shares of the specialty retailer’s stock valued at $545,000 after acquiring an additional 21 shares in the last quarter. Level Four Advisory Services LLC increased its holdings in Ulta Beauty by 4.8% during the 3rd quarter. Level Four Advisory Services LLC now owns 459 shares of the specialty retailer’s stock valued at $251,000 after acquiring an additional 21 shares in the last quarter. Hardy Reed LLC raised its position in Ulta Beauty by 3.0% during the third quarter. Hardy Reed LLC now owns 767 shares of the specialty retailer’s stock worth $419,000 after acquiring an additional 22 shares during the last quarter. Finally, Stratos Wealth Partners LTD. raised its position in Ulta Beauty by 3.9% during the third quarter. Stratos Wealth Partners LTD. now owns 587 shares of the specialty retailer’s stock worth $321,000 after acquiring an additional 22 shares during the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.
Ulta Beauty Stock Down 0.5%
Shares of Ulta Beauty stock opened at $520.65 on Thursday. Ulta Beauty Inc. has a fifty-two week low of $323.36 and a fifty-two week high of $714.97. The business’s fifty day moving average is $658.07 and its two-hundred day moving average is $587.30. The firm has a market cap of $23.10 billion, a PE ratio of 20.31, a P/E/G ratio of 1.92 and a beta of 0.82.
Wall Street Analysts Forecast Growth
ULTA has been the topic of several research reports. Zacks Research lowered shares of Ulta Beauty from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 6th. UBS Group restated a “buy” rating and set a $810.00 price objective on shares of Ulta Beauty in a research report on Friday, March 13th. Argus upped their target price on Ulta Beauty from $650.00 to $700.00 and gave the company a “buy” rating in a research note on Friday, January 2nd. JPMorgan Chase & Co. lowered their target price on Ulta Beauty from $800.00 to $750.00 and set an “overweight” rating on the stock in a report on Friday, March 13th. Finally, Robert W. Baird set a $700.00 price target on Ulta Beauty in a research report on Wednesday, December 17th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $671.27.
Get Our Latest Analysis on ULTA
Ulta Beauty 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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