The 80 Shares of Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) are sold by Smithfield Trust Co.

The 80 Shares of Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) are sold by Smithfield Trust Co.

Smithfield Trust Co. cut its stake in shares of Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) by 4.9% during the second quarter, Holdings Channel reports. The institutional investor owned 1,540 shares of the company’s stock after selling 80 shares during the period. Smithfield Trust Co.’s holdings in Ulta Salon, Cosmetics & Fragrance were worth $375,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Aperio Group LLC raised its position in shares of Ulta Salon, Cosmetics & Fragrance by 15.3% in the first quarter. Aperio Group LLC now owns 12,751 shares of the company’s stock valued at $2,470,000 after buying an additional 1,692 shares during the last quarter. BlackRock Inc. raised its position in shares of Ulta Salon, Cosmetics & Fragrance by 12.2% in the first quarter. BlackRock Inc. now owns 61,928 shares of the company’s stock valued at $11,998,000 after buying an additional 6,746 shares during the last quarter. BlackRock Group LTD raised its position in shares of Ulta Salon, Cosmetics & Fragrance by 1.8% in the first quarter. BlackRock Group LTD now owns 396,369 shares of the company’s stock valued at $76,793,000 after buying an additional 6,826 shares during the last quarter. BlackRock Fund Advisors raised its position in shares of Ulta Salon, Cosmetics & Fragrance by 3.2% in the first quarter. BlackRock Fund Advisors now owns 789,447 shares of the company’s stock valued at $152,947,000 after buying an additional 24,300 shares during the last quarter. Finally, Ropes Wealth Advisors LLC raised its position in shares of Ulta Salon, Cosmetics & Fragrance by 336.1% in the first quarter. Ropes Wealth Advisors LLC now owns 519 shares of the company’s stock valued at $101,000 after buying an additional 400 shares during the last quarter. 86.99% of the stock is owned by hedge funds and other institutional investors.

Shares of Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) traded down 0.96% during mid-day trading on Friday, reaching $263.58. The company’s stock had a trading volume of 1,150,346 shares. Ulta Salon, Cosmetics & Fragrance Inc. has a 12 month low of $146.77 and a 12 month high of $278.63. The company has a 50-day moving average of $242.30 and a 200-day moving average of $234.41. The company has a market cap of $16.44 billion, a P/E ratio of 46.40 and a beta of 0.70.

Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA) last announced its quarterly earnings data on Thursday, August 25th. The company reported $1.43 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.40 by $0.03. The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.06 billion. Ulta Salon, Cosmetics & Fragrance had a return on equity of 26.05% and a net margin of 8.35%. The company’s revenue for the quarter was up 21.9% compared to the same quarter last year. During the same period last year, the firm earned $1.15 earnings per share. Equities research analysts forecast that Ulta Salon, Cosmetics & Fragrance Inc. will post $6.23 earnings per share for the current fiscal year.

A number of brokerages recently weighed in on ULTA. Telsey Advisory Group boosted their price objective on Ulta Salon, Cosmetics & Fragrance from $300.00 to $310.00 and gave the stock an “outperform” rating in a research report on Friday. Deutsche Bank AG boosted their price objective on Ulta Salon, Cosmetics & Fragrance from $225.00 to $280.00 and gave the stock a “hold” rating in a research report on Friday, August 26th. Cowen and Company boosted their price objective on Ulta Salon, Cosmetics & Fragrance from $265.00 to $286.00 and gave the stock an “outperform” rating in a research report on Friday, August 26th. Buckingham Research boosted their price objective on Ulta Salon, Cosmetics & Fragrance from $285.00 to $325.00 and gave the stock a “buy” rating in a research report on Friday, August 26th. Finally, Zacks Investment Research lowered Ulta Salon, Cosmetics & Fragrance from a “buy” rating to a “hold” rating in a research report on Friday, September 16th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $265.50.

In related news, Director Charles Heilbronn sold 925,000 shares of the firm’s stock in a transaction dated Wednesday, September 14th. The stock was sold at an average price of $229.56, for a total value of $212,343,000.00. Following the sale, the director now directly owns 58,928 shares of the company’s stock, valued at $13,527,511.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Catherine Ann Halligan sold 400 shares of the firm’s stock in a transaction dated Wednesday, September 21st. The stock was sold at an average price of $239.40, for a total value of $95,760.00. Following the completion of the sale, the director now directly owns 3,921 shares in the company, valued at $938,687.40. The disclosure for this sale can be found here. 6.90% of the stock is owned by corporate insiders.

Ulta Salon, Cosmetics & Fragrance Company Profile

Ulta Salon, Cosmetics & Fragrance, Inc is a beauty retailer. The Company operates specialty retail stores selling cosmetics, fragrance, haircare and skincare products, and related accessories and services. The Company operates through three segments: retail stores, salon services and e-commerce. The Company also offers a full-service salon in every store featuring hair, skin and brow services.

Related posts

Leave a Comment