Ulta Beauty Inc. (ULTA) Holdings Boosted by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 9.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,746 shares of the specialty retailer’s stock after purchasing an additional 414 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Ulta Beauty were worth $1,073,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Comerica Bank increased its position in Ulta Beauty by 37.0% during the 3rd quarter. Comerica Bank now owns 39,592 shares of the specialty retailer’s stock worth $7,986,000 after purchasing an additional 10,690 shares during the period. GSA Capital Partners LLP acquired a new stake in shares of Ulta Beauty in the 2nd quarter worth approximately $552,000. CIBC World Markets Inc. grew its holdings in shares of Ulta Beauty by 63.0% in the 2nd quarter. CIBC World Markets Inc. now owns 9,994 shares of the specialty retailer’s stock worth $2,872,000 after acquiring an additional 3,861 shares during the period. Eagle Asset Management Inc. grew its holdings in shares of Ulta Beauty by 38.1% in the 2nd quarter. Eagle Asset Management Inc. now owns 117,681 shares of the specialty retailer’s stock worth $33,814,000 after acquiring an additional 32,455 shares during the period. Finally, Alps Advisors Inc. grew its holdings in shares of Ulta Beauty by 34.8% in the 3rd quarter. Alps Advisors Inc. now owns 2,613 shares of the specialty retailer’s stock worth $591,000 after acquiring an additional 674 shares during the period. Institutional investors own 88.45% of the company’s stock.

A number of equities research analysts recently weighed in on ULTA shares. Jefferies Group set a $300.00 price target on Ulta Beauty and gave the stock a “buy” rating in a report on Wednesday, August 23rd. Robert W. Baird set a $335.00 price target on Ulta Beauty and gave the stock a “buy” rating in a report on Wednesday, August 23rd. Piper Jaffray Companies restated a “buy” rating and issued a $330.00 price target on shares of Ulta Beauty in a report on Monday, August 21st. Loop Capital restated a “buy” rating and issued a $300.00 price target (down previously from $350.00) on shares of Ulta Beauty in a report on Friday, August 25th. They noted that the move was a valuation call. Finally, Cowen set a $336.00 price target on Ulta Beauty and gave the stock a “buy” rating in a report on Friday, August 25th. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. Ulta Beauty has a consensus rating of “Hold” and a consensus price target of $257.39.

Shares of Ulta Beauty Inc. (ULTA) opened at $223.97 on Wednesday. The company has a market capitalization of $13,520.00, a price-to-earnings ratio of 27.68, a price-to-earnings-growth ratio of 1.31 and a beta of 0.55. Ulta Beauty Inc. has a fifty-two week low of $187.96 and a fifty-two week high of $314.86.

In related news, Director Charles Heilbronn bought 127,889 shares of the stock in a transaction on Friday, October 13th. The shares were purchased at an average price of $195.21 per share, for a total transaction of $24,965,211.69. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. 5.20% of the stock is currently owned by corporate insiders.

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Ulta Beauty 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.

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

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