Campbell Capital Management Inc. acquired a new stake in shares of Ulta Beauty Inc (NASDAQ:ULTA) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 6,000 shares of the specialty retailer’s stock, valued at approximately $1,519,000. Ulta Beauty comprises approximately 0.9% of Campbell Capital Management Inc.’s investment portfolio, making the stock its 28th biggest position.
Several other institutional investors have also recently made changes to their positions in the company. Sterling Investment Advisors Ltd. bought a new position in Ulta Beauty during the 3rd quarter worth approximately $25,000. Commonwealth Bank of Australia grew its position in Ulta Beauty by 79.2% during the 2nd quarter. Commonwealth Bank of Australia now owns 86 shares of the specialty retailer’s stock worth $28,000 after acquiring an additional 38 shares during the last quarter. San Francisco Sentry Investment Group CA grew its position in Ulta Beauty by 3,900.0% during the 3rd quarter. San Francisco Sentry Investment Group CA now owns 120 shares of the specialty retailer’s stock worth $30,000 after acquiring an additional 117 shares during the last quarter. Quantamental Technologies LLC bought a new position in Ulta Beauty during the 2nd quarter worth approximately $40,000. Finally, Proffitt & Goodson Inc. bought a new position in Ulta Beauty during the 3rd quarter worth approximately $41,000. Hedge funds and other institutional investors own 89.71% of the company’s stock.
Several equities analysts recently issued reports on the company. BidaskClub lowered Ulta Beauty from a “sell” rating to a “strong sell” rating in a research report on Friday, December 27th. TheStreet lowered Ulta Beauty from a “b-” rating to a “c+” rating in a research report on Monday, September 30th. Deutsche Bank assumed coverage on Ulta Beauty in a research report on Tuesday, December 3rd. They set a “buy” rating and a $285.00 price target on the stock. William Blair restated a “buy” rating on shares of Ulta Beauty in a research report on Friday, November 22nd. Finally, Barclays raised their price target on Ulta Beauty from $220.00 to $238.00 and gave the stock an “equal weight” rating in a research report on Friday, December 6th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and thirteen have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $286.57.
NASDAQ ULTA traded up $5.50 on Thursday, hitting $263.50. The company’s stock had a trading volume of 1,579,581 shares, compared to its average volume of 1,136,936. Ulta Beauty Inc has a 52-week low of $222.00 and a 52-week high of $368.83. The company has a current ratio of 1.67, a quick ratio of 0.38 and a debt-to-equity ratio of 0.92. The company’s 50-day simple moving average is $246.83 and its 200 day simple moving average is $277.90. The firm has a market cap of $14.47 billion, a P/E ratio of 24.29, a PEG ratio of 1.34 and a beta of 1.13.
Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $2.25 earnings per share for the quarter, topping the consensus estimate of $2.13 by $0.12. Ulta Beauty had a return on equity of 36.91% and a net margin of 9.67%. The business had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.69 billion. During the same quarter last year, the business posted $2.18 EPS. The business’s revenue was up 7.9% on a year-over-year basis. On average, research analysts forecast that Ulta Beauty Inc will post 11.79 EPS for the current fiscal year.
In other Ulta Beauty news, insider Jeffrey J. Childs sold 3,031 shares of the stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $252.20, for a total value of $764,418.20. Following the completion of the sale, the insider now owns 10,333 shares in the company, valued at approximately $2,605,982.60. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 4.20% of the company’s stock.
Ulta Beauty Company Profile
Ulta Beauty, Inc operates as a beauty retailer in the United States. The company's stores offer cosmetics, fragrances, skincare and haircare products, bath and body products, and salon styling tools; salon services, including hair, skin, makeup, and brow services; and others, including nail products and accessories.
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