Bank of New York Mellon Corp elevated its place in shares of Ulta Beauty Inc (NASDAQ:ULTA) by 1.1% throughout the first quarter, Holdings Channel stories. The agency owned 1,567,313 shares of the specialty retailer’s inventory after shopping for an extra 17,380 shares throughout the interval. Bank of New York Mellon Corp’s holdings in Ulta Beauty have been price $447,047,000 on the finish of the newest reporting interval.
Several different massive buyers additionally lately added to or diminished their stakes in ULTA. HMS Capital Management LLC purchased a brand new stake in Ulta Beauty throughout the third quarter price roughly $1,417,000. Morgan Stanley raised its stake in Ulta Beauty by 17.zero% within the third quarter. Morgan Stanley now owns 411,444 shares of the specialty retailer’s inventory price $97,917,000 after shopping for an extra 59,691 shares throughout the interval. Janney Montgomery Scott LLC raised its stake in Ulta Beauty by eight.four% within the first quarter. Janney Montgomery Scott LLC now owns 13,706 shares of the specialty retailer’s inventory price $three,909,000 after shopping for an extra 1,065 shares throughout the interval. Virginia Retirement Systems ET AL raised its stake in Ulta Beauty by 34.1% within the third quarter. Virginia Retirement Systems ET AL now owns 70,800 shares of the specialty retailer’s inventory price $16,849,000 after shopping for an extra 18,000 shares throughout the interval. Finally, Quantbot Technologies LP raised its stake in Ulta Beauty by 6,132.three% within the third quarter. Quantbot Technologies LP now owns 7,728 shares of the specialty retailer’s inventory price $1,839,000 after shopping for an extra 7,604 shares throughout the interval. Hedge funds and different institutional buyers personal 86.21% of the corporate’s inventory.
Ulta Beauty Inc (NASDAQ:ULTA) traded up zero.68% on Tuesday, reaching $299.57. The firm had a buying and selling quantity of 591,196 shares. The firm’s 50 day shifting common is $283.60 and its 200-day shifting common is $266.80. The agency has a market capitalization of $18.61 billion, a price-to-earnings ratio of 45.95 and a beta of zero.65. Ulta Beauty Inc has a one yr low of $202.28 and a one yr excessive of $301.40.
Ulta Beauty (NASDAQ:ULTA) final launched its earnings outcomes on Thursday, March ninth. The specialty retailer reported $2.24 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.13 by $zero.11. Ulta Beauty had a web margin of eight.31% and a return on fairness of 26.87%. The agency had income of $1.58 billion throughout the quarter, in comparison with analyst estimates of $1.54 billion. During the identical interval final yr, the enterprise earned $1.69 earnings per share. The enterprise’s income was up 24.6% on a year-over-year foundation. On common, equities analysis analysts count on that Ulta Beauty Inc will publish $eight.08 earnings per share for the present fiscal yr.
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A lot of analysis analysts have lately issued stories on the corporate. Citigroup Inc reissued an “outperform” ranking on shares of Ulta Beauty in a analysis be aware on Monday, March sixth. Oppenheimer Holdings Inc. reissued an “outperform” ranking and issued a $315.00 worth goal (up from $300.00) on shares of Ulta Beauty in a analysis be aware on Tuesday, March seventh. Zacks Investment Research downgraded Ulta Beauty from a “purchase” ranking to a “maintain” ranking in a analysis be aware on Thursday, February 2nd. Deutsche Bank AG reissued a “maintain” ranking and issued a $295.00 worth goal on shares of Ulta Beauty in a analysis be aware on Saturday, March 11th. Finally, Loop Capital assumed protection on Ulta Beauty in a analysis be aware on Wednesday, February eighth. They issued a “maintain” ranking and a $285.00 worth goal on the inventory. Eight analysis analysts have rated the inventory with a maintain ranking and 13 have given a purchase ranking to the corporate. Ulta Beauty presently has a mean ranking of “Buy” and a mean worth goal of $298.63.
In associated information, Director Lorna Nagler offered four,167 shares of the enterprise’s inventory in a transaction that occurred on Friday, March 17th. The shares have been offered at a mean worth of $287.62, for a complete worth of $1,198,512.54. Following the completion of the transaction, the director now instantly owns 9,zero95 shares within the firm, valued at roughly $2,615,903.90. The sale was disclosed in a doc filed with the SEC, which is obtainable via this hyperlink. Also, Director Catherine Ann Halligan offered 157 shares of the enterprise’s inventory in a transaction that occurred on Tuesday, April 11th. The inventory was offered at a mean worth of $286.00, for a complete transaction of $44,902.00. Following the completion of the transaction, the director now owns three,875 shares of the corporate’s inventory, valued at $1,108,250. The disclosure for this sale might be discovered right here. Insiders have offered 150,534 shares of firm inventory valued at $42,979,662 over the past quarter. Company insiders personal 6.90% of the corporate’s inventory.
About Ulta Beauty
Ulta Beauty, Inc is a holding firm for the Ulta Beauty group of firms. The Company is a magnificence retailer. The Company presents cosmetics, perfume, pores and skin, hair care merchandise and salon providers. The Company presents roughly 20,000 merchandise from over 500 magnificence manufacturers throughout all classes, together with the Company’s personal personal label.
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Bank of New York Mellon Corp Purchases 17,380 Shares of Ulta Beauty Inc (ULTA) by: Pamela Hendrix published: