Bath Savings Trust Co Acquires 690 Shares of Ulta Beauty Inc (ULTA)

Bath Savings Trust Co lifted its holdings in shares of Ulta Beauty Inc (NASDAQ:ULTA) by 13.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 5,815 shares of the specialty retailer’s stock after purchasing an additional 690 shares during the period. Bath Savings Trust Co’s holdings in Ulta Beauty were worth $1,301,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in ULTA. Schroder Investment Management Group bought a new position in shares of Ulta Beauty during the 2nd quarter valued at $4,843,000. Tredje AP fonden grew its holdings in shares of Ulta Beauty by 24.1% during the 2nd quarter. Tredje AP fonden now owns 6,340 shares of the specialty retailer’s stock valued at $1,822,000 after purchasing an additional 1,230 shares during the last quarter. Franklin Resources Inc. bought a new position in shares of Ulta Beauty during the 2nd quarter valued at $575,000. Financial Counselors Inc. grew its holdings in shares of Ulta Beauty by 6.2% during the 2nd quarter. Financial Counselors Inc. now owns 4,661 shares of the specialty retailer’s stock valued at $1,339,000 after purchasing an additional 272 shares during the last quarter. Finally, Riverhead Capital Management LLC grew its holdings in shares of Ulta Beauty by 15.7% during the 2nd quarter. Riverhead Capital Management LLC now owns 6,687 shares of the specialty retailer’s stock valued at $1,922,000 after purchasing an additional 905 shares during the last quarter. 88.69% of the stock is currently owned by institutional investors.

In other Ulta Beauty news, Director Charles Heilbronn purchased 127,889 shares of the stock in a transaction that occurred on Friday, October 13th. The stock was bought at an average cost of $195.21 per share, with a total value of $24,965,211.69. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 5.20% of the company’s stock.

Several equities analysts recently commented on ULTA shares. Cowen set a $336.00 target price on shares of Ulta Beauty and gave the company a “buy” rating in a report on Friday, October 20th. Loop Capital set a $300.00 price target on shares of Ulta Beauty and gave the company a “buy” rating in a research report on Sunday, December 3rd. Buckingham Research raised shares of Ulta Beauty from a “neutral” rating to a “buy” rating and set a $225.00 price target for the company in a research report on Tuesday, December 19th. They noted that the move was a valuation call. Cleveland Research cut shares of Ulta Beauty from a “buy” rating to a “neutral” rating and increased their price target for the company from $189.50 to $314.00 in a research report on Thursday, October 12th. Finally, Vetr raised shares of Ulta Beauty from a “buy” rating to a “strong-buy” rating and set a $254.50 price target for the company in a research report on Friday, December 1st. One research analyst has rated the stock with a sell rating, twelve have given a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. Ulta Beauty presently has an average rating of “Buy” and an average price target of $260.01.

Ulta Beauty Inc (NASDAQ:ULTA) traded up $1.78 during trading hours on Wednesday, hitting $232.92. 940,100 shares of the stock traded hands, compared to its average volume of 1,383,200. Ulta Beauty Inc has a 12-month low of $187.96 and a 12-month high of $314.86. The stock has a market cap of $14,150.00, a PE ratio of 29.79, a price-to-earnings-growth ratio of 1.45 and a beta of 0.55.

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Ulta Beauty Company Profile

Ulta Beauty, Inc is a holding company for the Ulta Beauty group of companies. The Company is a beauty retailer. The Company offers cosmetics, fragrance, skin, hair care products and salon services. The Company offers approximately 20,000 products from over 500 beauty brands across all categories, including the Company’s own private label.

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Institutional Ownership by Quarter for Ulta Beauty (NASDAQ:ULTA)

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