Heartland Bank & Trust Co Has $505,000 Stake in Ulta Beauty, Inc. (NASDAQ:ULTA)

Heartland Bank & Trust Co reduced its position in Ulta Beauty, Inc. (NASDAQ:ULTA) by 4.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,161 shares of the specialty retailer’s stock after selling 55 shares during the quarter. Heartland Bank & Trust Co’s holdings in Ulta Beauty were worth $505,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its stake in Ulta Beauty by 4.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 627 shares of the specialty retailer’s stock valued at $244,000 after buying an additional 28 shares in the last quarter. Global Trust Asset Management LLC boosted its stake in shares of 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 purchasing an additional 40 shares in the last quarter. Empirical Finance LLC grew its holdings in shares of Ulta Beauty by 1.3% in the 3rd quarter. Empirical Finance LLC now owns 3,231 shares of the specialty retailer’s stock worth $1,257,000 after purchasing an additional 42 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in Ulta Beauty by 0.9% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 4,817 shares of the specialty retailer’s stock valued at $1,874,000 after purchasing an additional 43 shares during the last quarter. Finally, Monte Financial Group LLC increased its holdings in shares of Ulta Beauty by 1.4% during the fourth quarter. Monte Financial Group LLC now owns 3,067 shares of the specialty retailer’s stock worth $1,334,000 after buying an additional 43 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Ulta Beauty Trading Down 0.2 %

Shares of Ulta Beauty stock opened at $417.83 on Monday. The stock’s fifty day simple moving average is $407.85 and its 200 day simple moving average is $385.47. The company has a market capitalization of $19.37 billion, a PE ratio of 16.72, a PEG ratio of 1.00 and a beta of 1.28. Ulta Beauty, Inc. has a 12 month low of $318.17 and a 12 month high of $574.76.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $5.14 earnings per share for the quarter, beating the consensus estimate of $4.45 by $0.69. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The business had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.50 billion. During the same quarter in the previous year, the business posted $5.07 EPS. Ulta Beauty’s revenue for the quarter was up 1.7% on a year-over-year basis. Analysts predict that Ulta Beauty, Inc. will post 23.96 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ULTA. Stifel Nicolaus increased their price target on Ulta Beauty from $455.00 to $475.00 and gave the stock a “hold” rating in a research report on Tuesday, January 7th. BMO Capital Markets raised their target price on Ulta Beauty from $385.00 to $420.00 and gave the company a “market perform” rating in a research note on Friday, December 6th. UBS Group upped their price target on shares of Ulta Beauty from $470.00 to $490.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. Bank of America raised their price objective on shares of Ulta Beauty from $460.00 to $475.00 and gave the company a “neutral” rating in a research report on Tuesday, January 7th. Finally, B. Riley raised shares of Ulta Beauty from a “sell” rating to a “neutral” rating and boosted their target price for the stock from $330.00 to $430.00 in a research note on Tuesday, January 7th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $459.22.

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.