Crossmark Global Holdings Inc. Decreases Stock Holdings in Ulta Beauty, Inc. (NASDAQ:ULTA)


Crossmark Global Holdings Inc. reduced its stake in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 4.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,878 shares of the specialty retailer’s stock after selling 148 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Ulta Beauty were worth $826,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of ULTA. Harvest Fund Management Co. Ltd purchased a new stake in shares of Ulta Beauty during the 3rd quarter worth $31,000. Prime Capital Investment Advisors LLC lifted its stake in shares of Ulta Beauty by 70.0% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 170 shares of the specialty retailer’s stock worth $38,000 after purchasing an additional 70 shares during the last quarter. Prospera Financial Services Inc purchased a new stake in shares of Ulta Beauty during the 3rd quarter worth $45,000. Eudaimonia Partners LLC lifted its stake in shares of Ulta Beauty by 86.3% during the 3rd quarter. Eudaimonia Partners LLC now owns 218 shares of the specialty retailer’s stock worth $49,000 after purchasing an additional 101 shares during the last quarter. Finally, CWM LLC raised its stake in Ulta Beauty by 83.6% in the third quarter. CWM LLC now owns 235 shares of the specialty retailer’s stock valued at $53,000 after buying an additional 107 shares during the last quarter. Hedge funds and other institutional investors own 86.83% of the company’s stock.

Ulta Beauty stock opened at $295.40 on Thursday. The firm has a market cap of $16.64 billion, a price-to-earnings ratio of 74.60, a price-to-earnings-growth ratio of 6.44 and a beta of 1.73. Ulta Beauty, Inc. has a 52 week low of $124.05 and a 52 week high of $310.49. The business’s 50-day moving average price is $280.57 and its 200 day moving average price is $240.46.

Ulta Beauty (NASDAQ:ULTA) last posted its earnings results on Wednesday, December 2nd. The specialty retailer reported $1.64 EPS for the quarter, topping the consensus estimate of $1.49 by $0.15. The firm had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.56 billion. Ulta Beauty had a return on equity of 15.94% and a net margin of 3.63%. Ulta Beauty’s revenue for the quarter was down 7.8% compared to the same quarter last year. During the same period last year, the company earned $2.25 earnings per share. On average, sell-side analysts anticipate that Ulta Beauty, Inc. will post 3.94 earnings per share for the current fiscal year.

In other Ulta Beauty news, insider Jodi J. Caro sold 4,371 shares of the firm’s stock in a transaction that occurred on Tuesday, December 8th. The stock was sold at an average price of $273.45, for a total value of $1,195,249.95. Following the sale, the insider now directly owns 6,873 shares of the company’s stock, valued at $1,879,421.85. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Mary N. Dillon sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, December 11th. The shares were sold at an average price of $265.15, for a total value of $13,257,500.00. Following the completion of the sale, the chief executive officer now directly owns 146,234 shares in the company, valued at $38,773,945.10. The disclosure for this sale can be found here. Over the last three months, insiders sold 86,371 shares of company stock worth $23,159,150. 4.70% of the stock is owned by corporate insiders.

A number of research firms have commented on ULTA. Deutsche Bank Aktiengesellschaft increased their price target on Ulta Beauty from $284.00 to $312.00 and gave the company a “buy” rating in a research note on Friday, December 4th. Wells Fargo & Company increased their price target on Ulta Beauty from $300.00 to $320.00 and gave the company an “overweight” rating in a research note on Friday, December 4th. Robert W. Baird increased their price target on Ulta Beauty from $220.00 to $310.00 and gave the company an “outperform” rating in a research note on Friday, December 4th. Jefferies Financial Group cut Ulta Beauty from a “buy” rating to a “hold” rating and set a $300.00 price target for the company. in a research note on Tuesday, November 24th. Finally, Oppenheimer increased their price target on Ulta Beauty from $280.00 to $305.00 and gave the company an “outperform” rating in a research note on Monday, November 23rd. Nine equities research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. Ulta Beauty currently has a consensus rating of “Buy” and an average price target of $275.35.

About Ulta Beauty

Ulta Beauty, Inc operates as a beauty retailer in the United States. The company’s stores offer cosmetics, fragrances, skincare and haircare products, bath and body products, and salon styling tools; professional hair products; salon services, including hair, skin, makeup, and brow services; and others, including nail products and accessories.

See Also: How does quantitative easing work?

Want to see what other hedge funds are holding ULTA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ulta Beauty, Inc. (NASDAQ:ULTA).

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



Receive News & Ratings for Ulta Beauty Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Ulta Beauty and related companies with MarketBeat.com’s FREE daily email newsletter.