Heartland Bank & Trust Co Has $505,000 Stake in Ulta Beauty, Inc. (NASDAQ:ULTA)

Heartland Bank & Trust Co reduced its position in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 4.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,161 shares of the specialty retailer’s stock after selling 55 shares during the period. Heartland Bank & Trust Co’s holdings in Ulta Beauty were worth $505,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Paladin Wealth LLC bought a new stake in Ulta Beauty in the 3rd quarter valued at approximately $32,000. Sunbelt Securities Inc. grew its position 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 purchasing an additional 45 shares in the last quarter. Westside Investment Management Inc. increased its stake in Ulta Beauty by 151.5% in the 3rd quarter. Westside Investment Management Inc. now owns 83 shares of the specialty retailer’s stock valued at $32,000 after buying an additional 50 shares during the last quarter. Future Financial Wealth Managment LLC bought a new stake in Ulta Beauty during the 4th quarter worth about $43,000. Finally, Harvest Fund Management Co. Ltd acquired a new position in shares of Ulta Beauty during the 3rd quarter worth about $41,000. 90.39% of the stock is currently owned by institutional investors.

Ulta Beauty Stock Down 0.2 %

ULTA stock opened at $417.83 on Monday. The company’s 50-day moving average price is $407.85 and its two-hundred day moving average price is $385.47. The firm has a market cap of $19.37 billion, a P/E ratio of 16.72, a P/E/G ratio of 1.00 and a beta of 1.28. Ulta Beauty, Inc. has a 12 month low of $318.17 and a 12 month high of $574.76.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings data on Thursday, December 5th. The specialty retailer reported $5.14 EPS for the quarter, beating the consensus estimate of $4.45 by $0.69. The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.50 billion. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The company’s revenue was up 1.7% on a year-over-year basis. During the same period in the previous year, the business earned $5.07 earnings per share. Equities analysts predict that Ulta Beauty, Inc. will post 23.96 EPS for the current year.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Telsey Advisory Group reiterated an “outperform” rating and set a $500.00 target price on shares of Ulta Beauty in a report on Tuesday, January 7th. Stifel Nicolaus raised their target price on shares of Ulta Beauty from $455.00 to $475.00 and gave the company a “hold” rating in a research note on Tuesday, January 7th. JPMorgan Chase & Co. lifted their price objective on shares of Ulta Beauty from $472.00 to $480.00 and gave the company an “overweight” rating in a research report on Friday, December 6th. TD Cowen raised their target price on shares of Ulta Beauty from $450.00 to $480.00 and gave the company a “hold” rating in a research note on Wednesday, January 8th. Finally, BMO Capital Markets raised their price objective on Ulta Beauty from $385.00 to $420.00 and gave the company a “market perform” rating in a research report on Friday, December 6th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $459.22.

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.