Integrated Investment Consultants LLC Has $5.16 Million Position in Ulta Beauty, Inc. (NASDAQ:ULTA)

Integrated Investment Consultants LLC grew its stake in Ulta Beauty, Inc. (NASDAQ:ULTA) by 3.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,855 shares of the specialty retailer’s stock after buying an additional 341 shares during the quarter. Integrated Investment Consultants LLC’s holdings in Ulta Beauty were worth $5,156,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in ULTA. Paladin Wealth LLC acquired a new stake in shares of Ulta Beauty in the third quarter valued at approximately $32,000. Sunbelt Securities Inc. raised its stake in Ulta Beauty by 118.4% in the third quarter. Sunbelt Securities Inc. now owns 83 shares of the specialty retailer’s stock valued at $32,000 after buying an additional 45 shares during the period. Westside Investment Management Inc. increased its holdings in shares of Ulta Beauty by 151.5% during the 3rd quarter. Westside Investment Management Inc. now owns 83 shares of the specialty retailer’s stock worth $32,000 after acquiring an additional 50 shares during the last quarter. Future Financial Wealth Managment LLC bought a new stake in Ulta Beauty in the 4th quarter valued at $43,000. Finally, Harvest Fund Management Co. Ltd bought a new stake in Ulta Beauty in the 3rd quarter valued at $41,000. Institutional investors own 90.39% of the company’s stock.

Wall Street Analysts Forecast Growth

ULTA has been the subject of several research reports. BMO Capital Markets raised their price objective on shares of Ulta Beauty from $385.00 to $420.00 and gave the stock a “market perform” rating in a research report on Friday, December 6th. Citigroup upped their price target on shares of Ulta Beauty from $450.00 to $457.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. William Blair cut shares of Ulta Beauty from an “outperform” rating to a “market perform” rating in a research note on Thursday, November 21st. Loop Capital boosted their price objective on shares of Ulta Beauty from $450.00 to $480.00 and gave the company a “buy” rating in a report on Monday, December 9th. Finally, StockNews.com raised shares of Ulta Beauty from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $460.30.

Ulta Beauty Stock Performance

Shares of ULTA opened at $405.01 on Friday. Ulta Beauty, Inc. has a 52 week low of $318.17 and a 52 week high of $574.76. The stock has a market capitalization of $18.78 billion, a price-to-earnings ratio of 16.21, a PEG ratio of 1.00 and a beta of 1.28. The stock has a fifty day moving average of $403.63 and a 200-day moving average of $384.62.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings results on Thursday, December 5th. The specialty retailer reported $5.14 EPS for the quarter, beating analysts’ consensus estimates of $4.45 by $0.69. The firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.50 billion. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The business’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same period last year, the firm posted $5.07 earnings per share. As a group, equities analysts forecast that Ulta Beauty, Inc. will post 23.93 EPS for the current year.

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.