Perfromance Wealth Companions LLC Will increase Shares of Ulta Magnificence, Inc. (NASDAQ:ULTA)
Perfromance Wealth Companions LLC, in response to its newest Kind 13F, filed with the Securities and Trade Fee, Ulta Magnificence, Inc. (NASDAQ:ULTA – Get the Score) inventory elevated 11.5% in This autumn. The agency held 3,373 shares of the specialty retailer after buying an extra 348 shares throughout the quarter. Perfromance Wealth Companions LLC’s belongings in Ulta Magnificence had been valued at $1,582,000 in its most up-to-date submitting with the Securities and Trade Fee.
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Quite a few different hedge funds have additionally just lately elevated or decreased their stake in ULTA. Vanguard Group Inc. elevated its place in Ulta Magnificence shares by 0.8% within the third quarter. Vanguard Group Inc. now owns 5,798,924 shares of the specialty retailer value $2,326,471,000 after buying one other 46,100 shares final quarter. Utah Retirement Techniques elevated its stake in Ulta Magnificence by 0.6% within the third quarter. Utah Retirement Techniques at the moment owns 9,211 shares of the specialty retailer, value $3,696,000, after buying an extra 54 shares throughout the interval. Tobam bought a brand new $59,000 share of Ulta Magnificence shares in Q3. Quadrant Capital Group LLC elevated its stake in Ulta Magnificence by 99.1% in Q2. Quadrant Capital Group LLC now owns 215 shares of the specialty retailer, valued at $83,000, after buying 107 extra shares final quarter. Lastly, Inventive Monetary Designs Inc. ADV elevated its place in Ulta Magnificence shares by 10.7% in Q3. Inventive Monetary Designs Inc. ADV now owns 363 shares of the specialty retailer, valued at $146,000, after buying 35 extra shares throughout the interval. 90.47% of the shares belong to institutional buyers and hedge funds.
Ulta Magnificence Buying and selling Drops 0.3%
NASDAQ:ULTA traded at $1.76 on Friday, reaching $513.98. The inventory had a buying and selling quantity of 473,541 in comparison with a mean buying and selling quantity of 745,160. Ulta Magnificence, Inc. The 12-month low is $330.80 and the 12-month excessive is $537.52. The corporate’s 50-day shifting common is $516.04 and its 200-day shifting common is $463.20. The inventory has a market cap of $26.15 billion, a P/E ratio of 21.40, a price-earnings-growth ratio of 1.67, and a beta of 1.30.
Ulta Magnificence (NASDAQ:ULTA – Get Score) launched its quarterly earnings outcomes final Thursday, March 9. The specialty retailer reported an EPS of $6.68 for the quarter, beating the consensus estimate of $5.53 by $1.15. Ulta Magnificence had a web margin of 12.17% and a return on fairness of 67.19%. The enterprise generated $3.23 billion in income for the quarter, in comparison with analysts’ expectations of $2.99 billion. In the identical quarter of final yr, the corporate reported earnings of $5.41 per share. The corporate’s quarterly income elevated by 18.2% in comparison with the identical quarter of the earlier yr. On common, inventory analysts estimate Ulta Magnificence, Inc. will report EPS of 25.21 for the present yr.
Insider Buying and selling at Ulta Magnificence
In different information, Supervisor Mike C. Smith offered 400 shares of the inventory in a transaction on Tuesday, March 14. The shares had been offered at a mean worth of $521.63 for a complete transaction of $208,652.00. Following the transaction, the director owned 1,531 shares of the corporate value $798,615.53. The sale was disclosed in a submitting with the Securities and Trade Fee, obtainable on the SEC web site. In different Ulta Magnificence information, Director Mike C. Smith offered 400 shares of the corporate in a transaction Tuesday, March 14. Shares had been offered at a mean worth of $521.63, with a complete worth of $208,652.00. Following the transaction, the director owned 1,531 shares of the corporate value $798,615.53. The sale was disclosed in a submitting with the Securities and Trade Fee, accessible by way of this hyperlink. Additionally, insider Jodi J. Caro offered 4500 shares of the corporate in a transaction Monday, March 20. The inventory offered at a mean worth of $506.65 for a complete transaction of $2,279,925.00. Upon completion of the transaction, the insider straight owns 5,231 shares within the firm value roughly $2,650,286.15. Description of this sale could be discovered right here. Company insiders personal 2.00% of the corporate’s inventory.
Wall Avenue Analysts Predict Development
A number of inventory analysis analysts commented on the corporate. Wells Fargo & Firm downgraded Ulta Magnificence from “equal weight” to “weak” in a analysis word Friday, January 6, and lowered its worth goal for the inventory from $450.00 to $400.00. DA Davidson raised the value goal for Ulta Magnificence inventory from $545.00 to $605.00 in a analysis report Friday, March 10. Goldman Sachs Group downgraded shares of Ulta Magnificence from “purchase” to “impartial” in a analysis report Monday, December 12, and lowered its worth goal for the share to $508.00 from $511.00. StockNews.com upgraded Ulta Magnificence’s shares from “maintain” to “purchase” in a report Saturday, March eleventh. Lastly, Deutsche Financial institution Aktiengesellschaft lowered its worth goal for Ulta Magnificence shares from $607.00 to $600.00 in a analysis report Wednesday, March 8. One inventory analysis analyst rated the inventory with a promote score, 5 with a maintain score, fourteen with a purchase score, and one with a powerful purchase score. In accordance with knowledge from MarketBeat.com, Ulta Magnificence at the moment has a “Medium Purchase” consensus score and a consensus goal worth of $555.30.
About Ulta Magnificence
Ulta Magnificence, Inc. retails magnificence merchandise. The corporate has a reportable division that features retail shops, salon companies and e-commerce. Its merchandise embody make-up, skincare, instruments and brushes, perfume, tub and physique. Ulta was based on January 9, 1990 and is headquartered in Bolingbrook, IL.
Need to see what different hedge funds maintain ULTA? Ulta Magnificence, Inc. Go to HoldingsChannel.com to get the newest 13F filings and insider buying and selling for (NASDAQ:ULTA – Get Rated).
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