Are Analysts Bullish Ulta Beauty, Inc. (NASDAQ:ULTA) After Last Week?

April 20, 2018 - By Marie Mckinney

Ulta Beauty, Inc. (NASDAQ:ULTA) LogoInvestors sentiment increased to 0.95 in Q4 2017. Its up 0.10, from 0.85 in 2017Q3. It increased, as 88 investors sold Ulta Beauty, Inc. shares while 156 reduced holdings. 87 funds opened positions while 144 raised stakes. 53.45 million shares or 1.83% more from 52.49 million shares in 2017Q3 were reported.
The Georgia-based Earnest Ltd Com has invested 0% in Ulta Beauty, Inc. (NASDAQ:ULTA). State Street Corp stated it has 0.04% of its portfolio in Ulta Beauty, Inc. (NASDAQ:ULTA). Dimensional Fund Advsrs Limited Partnership accumulated 230,413 shares. Trust Of Vermont accumulated 0% or 57 shares. Fred Alger Incorporated has invested 0.08% in Ulta Beauty, Inc. (NASDAQ:ULTA). Jpmorgan Chase accumulated 637,502 shares. Sigma Planning reported 1,314 shares stake. Sigma Investment Counselors has 0.34% invested in Ulta Beauty, Inc. (NASDAQ:ULTA) for 11,137 shares. Asset One has invested 0.05% of its portfolio in Ulta Beauty, Inc. (NASDAQ:ULTA). Sumitomo Mitsui Asset Management reported 0.08% of its portfolio in Ulta Beauty, Inc. (NASDAQ:ULTA). State Board Of Administration Of Florida Retirement Sys holds 79,776 shares. Robeco Institutional Asset Management Bv owns 3,434 shares. Two Creeks Mngmt Lp invested in 3.44% or 287,748 shares. California Employees Retirement has 0.04% invested in Ulta Beauty, Inc. (NASDAQ:ULTA) for 146,267 shares. Invest Advsr accumulated 2,540 shares or 0.63% of the stock.

Since April 5, 2018, it had 0 buys, and 2 insider sales for $8.14 million activity. Dillon Mary N also sold $3.37M worth of Ulta Beauty, Inc. (NASDAQ:ULTA) on Thursday, April 5.

Ulta Beauty, Inc. (NASDAQ:ULTA) Ratings Coverage

Among 18 analysts covering Ulta Salon (NASDAQ:ULTA), 12 have Buy rating, 0 Sell and 6 Hold. Therefore 67% are positive. Ulta Salon has $300.0 highest and $205.0 lowest target. $253.33’s average target is 8.19% above currents $234.16 stock price. Ulta Salon had 32 analyst reports since October 23, 2017 according to SRatingsIntel. The rating was maintained by BMO Capital Markets with “Hold” on Thursday, November 30. RBC Capital Markets maintained Ulta Beauty, Inc. (NASDAQ:ULTA) on Thursday, March 15 with “Hold” rating. KeyBanc Capital Markets maintained Ulta Beauty, Inc. (NASDAQ:ULTA) on Friday, March 16 with “Overweight” rating. The rating was maintained by Wells Fargo with “Buy” on Friday, March 16. The stock of Ulta Beauty, Inc. (NASDAQ:ULTA) has “Buy” rating given on Tuesday, April 10 by Piper Jaffray. As per Thursday, January 11, the company rating was maintained by Wells Fargo. PiperJaffray upgraded the shares of ULTA in report on Tuesday, April 10 to “Overweight” rating. The rating was maintained by BMO Capital Markets with “Hold” on Tuesday, October 31. The rating was maintained by Morgan Stanley with “Overweight” on Friday, March 16. The rating was maintained by Buckingham Research on Tuesday, January 23 with “Buy”. Below is a list of Ulta Beauty, Inc. (NASDAQ:ULTA) latest ratings and price target changes.

16/04/2018 Broker: Guggenheim Rating: Buy New Target: $260.0000 Upgrade
10/04/2018 Broker: PiperJaffray Old Rating: Neutral New Rating: Overweight Upgrade
10/04/2018 Broker: Piper Jaffray Rating: Buy New Target: $236.0000 Upgrade
19/03/2018 Broker: Buckingham Research Rating: Buy New Target: $270.0 Maintain
16/03/2018 Broker: Wells Fargo Rating: Buy Maintain
15/03/2018 Broker: Piper Jaffray Rating: Hold New Target: $212.0 Maintain
15/03/2018 Broker: RBC Capital Markets Rating: Hold New Target: $205.0 Maintain
16/03/2018 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Market Perform Old Target: $225 New Target: $220 Maintain
16/03/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $291 New Target: $282 Maintain
16/03/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $285 New Target: $260 Maintain

The stock increased 0.48% or $1.12 during the last trading session, reaching $234.16. About 897,082 shares traded. Ulta Beauty, Inc. (NASDAQ:ULTA) has declined 26.85% since April 20, 2017 and is downtrending. It has underperformed by 38.40% the S&P500.

Ulta Beauty, Inc. operates as a beauty retailer in the United States. The company has market cap of $14.19 billion. The companyÂ’s stores provide cosmetics, fragrance, skincare, haircare, bath and body products, and salon styling tools, as well as others, including nail products and accessories. It has a 26.13 P/E ratio. It offers private label products consisting of Ulta Beauty Collection branded cosmetics, skincare, and bath products.

Ulta Beauty, Inc. (NASDAQ:ULTA) Institutional Positions Chart

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