Nikulski Financial Inc. Sells 354 Shares of Ulta Beauty, Inc. (NASDAQ:ULTA)

Nikulski Financial Inc. decreased its holdings in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 20.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,411 shares of the specialty retailer’s stock after selling 354 shares during the period. Nikulski Financial Inc.’s holdings in Ulta Beauty were worth $549,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. UMB Bank n.a. boosted its stake in Ulta Beauty by 83.3% during the 2nd quarter. UMB Bank n.a. now owns 66 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 30 shares during the last quarter. LRI Investments LLC purchased a new stake in Ulta Beauty in the 1st quarter valued at $31,000. Innealta Capital LLC bought a new position in Ulta Beauty during the 2nd quarter valued at $32,000. Paladin Wealth LLC bought a new stake in shares of Ulta Beauty in the 3rd quarter worth $32,000. Finally, Oakworth Capital Inc. purchased a new stake in shares of Ulta Beauty in the second quarter valued at about $36,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ULTA has been the subject of a number of recent analyst reports. Loop Capital reduced their price objective on shares of Ulta Beauty from $520.00 to $450.00 and set a “buy” rating for the company in a research report on Tuesday, September 3rd. TD Cowen reduced their target price on Ulta Beauty from $390.00 to $380.00 and set a “hold” rating for the company in a report on Thursday, October 17th. Barclays boosted their price objective on Ulta Beauty from $328.00 to $335.00 and gave the stock an “equal weight” rating in a research report on Friday, August 30th. Raymond James cut their price target on shares of Ulta Beauty from $450.00 to $440.00 and set an “outperform” rating on the stock in a report on Monday, October 14th. Finally, Bank of America dropped their price objective on Ulta Beauty from $425.00 to $380.00 and set a “neutral” rating on the stock in a research note on Friday, August 30th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $420.71.

Ulta Beauty Trading Down 1.7 %

Ulta Beauty stock traded down $6.32 during trading hours on Thursday, hitting $369.79. 76,035 shares of the stock traded hands, compared to its average volume of 965,523. Ulta Beauty, Inc. has a one year low of $318.17 and a one year high of $574.76. The company has a market cap of $17.42 billion, a PE ratio of 15.09, a PEG ratio of 2.14 and a beta of 1.32. The firm’s 50-day moving average price is $376.44 and its two-hundred day moving average price is $382.17.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings data on Thursday, August 29th. The specialty retailer reported $5.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.47 by ($0.17). The firm had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.61 billion. Ulta Beauty had a return on equity of 54.02% and a net margin of 10.68%. Ulta Beauty’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter last year, the company posted $6.02 EPS. On average, sell-side analysts expect that Ulta Beauty, Inc. will post 23.07 earnings per share for the current fiscal year.

Ulta Beauty Company 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.