Signal Advisors Wealth LLC Acquires 56 Shares of Ulta Beauty, Inc. (NASDAQ:ULTA)

Signal Advisors Wealth LLC lifted its stake in Ulta Beauty, Inc. (NASDAQ:ULTA) by 1.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,031 shares of the specialty retailer’s stock after acquiring an additional 56 shares during the period. Signal Advisors Wealth LLC’s holdings in Ulta Beauty were worth $1,318,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Farther Finance Advisors LLC increased its holdings in shares of Ulta Beauty by 4.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 627 shares of the specialty retailer’s stock worth $244,000 after purchasing an additional 28 shares during the period. Brighton Jones LLC grew its position in Ulta Beauty by 1.8% during the second quarter. Brighton Jones LLC now owns 1,826 shares of the specialty retailer’s stock worth $705,000 after buying an additional 33 shares in the last quarter. Daymark Wealth Partners LLC increased its stake in Ulta Beauty by 3.0% during the second quarter. Daymark Wealth Partners LLC now owns 1,221 shares of the specialty retailer’s stock valued at $471,000 after acquiring an additional 36 shares during the period. Trust Investment Advisors increased its stake in Ulta Beauty by 2.5% during the second quarter. Trust Investment Advisors now owns 1,491 shares of the specialty retailer’s stock valued at $575,000 after acquiring an additional 37 shares during the period. Finally, Global Trust Asset Management LLC raised its holdings in Ulta Beauty by 39.6% in the 3rd quarter. Global Trust Asset Management LLC now owns 141 shares of the specialty retailer’s stock valued at $55,000 after acquiring an additional 40 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Stock Up 0.0 %

ULTA stock opened at $404.06 on Wednesday. Ulta Beauty, Inc. has a twelve month low of $318.17 and a twelve month high of $574.76. The company has a market cap of $18.74 billion, a P/E ratio of 16.17, a PEG ratio of 2.38 and a beta of 1.28. The business has a fifty day moving average of $402.84 and a 200-day moving average of $384.25.

Ulta Beauty (NASDAQ:ULTA) last released its earnings results on Thursday, December 5th. The specialty retailer reported $5.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.45 by $0.69. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same period in the prior year, the company posted $5.07 EPS. The company’s revenue was up 1.7% compared to the same quarter last year. As a group, equities research analysts anticipate that Ulta Beauty, Inc. will post 23.57 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ULTA has been the topic of a number of research reports. Wells Fargo & Company boosted 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. DA Davidson boosted their price target on shares of Ulta Beauty from $435.00 to $510.00 and gave the company a “buy” rating in a report on Friday, December 6th. Oppenheimer increased their price objective on shares of Ulta Beauty from $505.00 to $515.00 and gave the company an “outperform” rating in a research note on Tuesday, January 7th. Barclays upped their target price on shares of Ulta Beauty from $410.00 to $445.00 and gave the company an “equal weight” rating in a research note on Thursday, January 9th. Finally, Canaccord Genuity Group increased their price target on shares of Ulta Beauty from $500.00 to $538.00 and gave the stock a “buy” rating in a research report on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Ulta Beauty presently has an average rating of “Hold” and a consensus price target of $460.30.

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.