106,626 Shares in Ulta Beauty Inc (ULTA) Acquired by TCW Group Inc.

TCW Group Inc. bought a new position in Ulta Beauty Inc (NASDAQ:ULTA) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 106,626 shares of the specialty retailer’s stock, valued at approximately $23,848,000. TCW Group Inc. owned 0.17% of Ulta Beauty at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in ULTA. QS Investors LLC boosted its holdings in shares of Ulta Beauty by 0.8% in the second quarter. QS Investors LLC now owns 730 shares of the specialty retailer’s stock worth $210,000 after buying an additional 6 shares during the period. Shell Asset Management Co. boosted its holdings in shares of Ulta Beauty by 169.1% in the third quarter. Shell Asset Management Co. now owns 10,010 shares of the specialty retailer’s stock worth $1,183,000 after buying an additional 6,290 shares during the period. Wendell David Associates Inc. boosted its holdings in shares of Ulta Beauty by 156.8% in the third quarter. Wendell David Associates Inc. now owns 3,315 shares of the specialty retailer’s stock worth $749,000 after buying an additional 2,024 shares during the period. OLD Second National Bank of Aurora boosted its holdings in shares of Ulta Beauty by 81.2% in the third quarter. OLD Second National Bank of Aurora now owns 10,084 shares of the specialty retailer’s stock worth $2,280,000 after buying an additional 4,518 shares during the period. Finally, LS Investment Advisors LLC boosted its holdings in shares of Ulta Beauty by 17.6% in the third quarter. LS Investment Advisors LLC now owns 2,706 shares of the specialty retailer’s stock worth $612,000 after buying an additional 405 shares during the period. Institutional investors own 86.68% of the company’s stock.

Shares of Ulta Beauty Inc (NASDAQ:ULTA) opened at $203.15 on Tuesday. The stock has a market cap of $12,390.00, a P/E ratio of 25.59, a price-to-earnings-growth ratio of 0.99 and a beta of 0.54. Ulta Beauty Inc has a one year low of $187.96 and a one year high of $314.86.

Ulta Beauty (NASDAQ:ULTA) last posted its earnings results on Thursday, November 30th. The specialty retailer reported $1.70 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.67 by $0.03. The firm had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.34 billion. Ulta Beauty had a net margin of 8.82% and a return on equity of 29.64%. equities research analysts expect that Ulta Beauty Inc will post 8.35 EPS for the current fiscal year.

Several brokerages have commented on ULTA. Vetr upgraded shares of Ulta Beauty from a “buy” rating to a “strong-buy” rating in a report on Wednesday, December 27th. Piper Jaffray Companies set a $206.00 target price on shares of Ulta Beauty and gave the stock a “hold” rating in a report on Thursday, November 30th. Jefferies Group reiterated a “positive” rating and issued a $221.64 target price (down from $300.00) on shares of Ulta Beauty in a report on Tuesday, December 5th. Royal Bank of Canada set a $225.00 target price on shares of Ulta Beauty and gave the stock a “hold” rating in a report on Friday, December 1st. Finally, Oppenheimer reiterated a “hold” rating on shares of Ulta Beauty in a report on Thursday, December 7th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. Ulta Beauty currently has a consensus rating of “Buy” and an average price target of $262.91.

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About Ulta Beauty

Ulta Beauty, Inc is a holding company for the Ulta Beauty group of companies. The Company is a beauty retailer. The Company offers cosmetics, fragrance, skin, hair care products and salon services. The Company offers approximately 20,000 products from over 500 beauty brands across all categories, including the Company’s own private label.

Institutional Ownership by Quarter for Ulta Beauty (NASDAQ:ULTA)

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