Mn Services Vermogensbeheer BV owns $7.37 million in Ulta Beauty, Inc. (NASDAQ:ULTA)

Mn Services Vermogensbeheer BV reduced its position in shares of Ulta Beauty, Inc. (NASDAQ:ULTA – Free Report) by 3.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,100 shares of the specialty retailer’s stock after selling 600 shares during the period. Mn Services Vermogensbeheer BV’s holdings in Ulta Beauty were worth $7,370,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Nvwm LLC boosted its holdings in shares of Ulta Beauty by 2.1% in the 4th quarter. Nvwm LLC now owns 1,043 shares of the specialty retailer’s stock worth $511,000 after buying an additional 21 shares during the period. Manchester Capital Management LLC boosted its holdings in Ulta Beauty by 41.2% in the 4th quarter. Manchester Capital Management LLC now owns 72 shares of the specialty retailer’s stock valued at $35,000 after acquiring an additional 21 shares in the last quarter. Nkcfo LLC lifted its position in shares of Ulta Beauty by 14.4% in the 4th quarter. Nkcfo LLC now owns 183 shares of the specialty retailer’s stock worth $90,000 after acquiring an additional 23 shares during the period. Janiczek Wealth Management LLC lifted its position in Ulta Beauty by 32.5% in the first quarter. Janiczek Wealth Management LLC now owns 102 shares of the specialty retailer’s stock worth $53,000 after buying an additional 25 shares during the period. Finally, Bfsg LLC boosted its stake in Ulta Beauty by 0.4% in the first quarter. Bfsg LLC now owns 6,284 shares of the specialty retailer’s stock valued at $3,286,000 after purchasing an additional 26 shares during the last quarter. Institutional investors and hedge funds own 90.39% of the company’s shares.

Inside activity at Ulta Beauty

In other Ulta Beauty news, Director Catherine Ann Halligan sold 100 shares of the business’s stock in a transaction that occurred on Tuesday, July 2nd. The shares were sold at an average price of $390.08, for a total value of $39,008.00. Following the transaction, the director now directly owns 2,017 shares of the company’s stock, valued at $786,791.36. The sale was disclosed in a legal filing with the SEC, which is available via this hyperlink. In related news, Director Catherine Ann Halligan sold 100 shares of the firm’s stock in a transaction dated Tuesday, July 2nd. The stock was sold at an average price of $390.08, for a total value of $39,008.00. Following the completion of the sale, the director now owns 2,017 shares in the company, valued at $786,791.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available on the SEC’s website. Also, insider Jodi J. Caro sold 650 shares of the company’s stock in a transaction dated Tuesday, June 25th. The stock was sold at an average price of $388.68, for a total value of $252,642.00. Following the transaction, the insider now owns 6,801 shares in the company, valued at approximately $2,643,412.68. The disclosure for this sale can be found here. 0.39% of shares are currently owned by company insiders.

Ulta Beauty stocks up 1.2%

Shares of ULTA opened at $378.65 on Monday. 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 $18.07 billion, a P/E ratio of 14.77, a PEG ratio of 1.73 and a beta of 1.37. The company has a fifty day moving average of $373.87 and a 200 day moving average of $430.24.

Ulta Beauty (NASDAQ:ULTA – Get Your Free Report ) last announced its quarterly earnings data on Thursday, May 30th. The specialty retailer reported $6.47 earnings per share for the quarter, topping the consensus estimate of $6.19 by $0.28. The firm had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.72 billion. Ulta Beauty had a return on equity of 58.06% and a net margin of 11.13%. The company’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the previous year, the business posted EPS of $6.88. As a group, equities research analysts anticipate that Ulta Beauty, Inc. will post 25.62 earnings per share for the current fiscal year.

Changes in Analyst Ratings

ULTA has been the subject of several recent research reports. Evercore ISI cut their price target on shares of Ulta Beauty from $630.00 to $500.00 and set an “outperform” rating on the stock in a research report on Friday, May 31st. Telsey Advisory Group reiterated an “outperform” rating and issued a $500.00 price objective on shares of Ulta Beauty in a research note on Friday, July 19th. Barclays decreased their price target on Ulta Beauty from $394.00 to $355.00 and set an “equal weight” rating for the company in a report on Friday, June 28th. Robert W. Baird cut their price target on Ulta Beauty from $525.00 to $485.00 and set an “outperform” rating on the stock in a research note on Friday. Finally, TD Cowen lowered their price objective on Ulta Beauty from $520.00 to $500.00 and set a “buy” rating for the company in a research note on Friday, May 31st. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Moderate Buy” and an average price target of $492.00, according to MarketBeat.

Check out our latest report on ULTA

About Ulta Beauty

(Free report)

Ulta Beauty, Inc. operates as a specialty beauty retailer in the United States. The company offers branded and private label beauty products including cosmetics, fragrances, hair care, skin care, bath and body products, professional hair products and salon styling tools through its Ulta Beauty stores, , the Ulta.com website and its mobile apps.

Further reading

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