Ulta Beauty, Inc. (ULTA) Hits 52-Week Low

Lloyd Doyle
August 28, 2017

The company had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.29 billion. The Company offers cosmetics, fragrance, skin, hair care products and salon services. The total number of shares traded in the last 12 months is 1.27 million. Capital World Investors owns $1.26 billion in Ulta Beauty, Inc., which represents roughly 8.7% of the company's market cap and approximately 10.77% of the institutional ownership. It has outperformed by 24.76% the S&P500.

De Burlo Group Inc increased its stake in Ulta Salon Cosmetcs & Frag I (ULTA) by 44.93% based on its latest 2016Q4 regulatory filing with the SEC. Following the transaction, the director now directly owns 4,126 shares in the company, valued at approximately $1,288,797.36. During the same quarter past year, the company posted $1.43 earnings per share.

The P/E ratio is 28.06 and the market cap is 13.05B. About 5.55 million shares traded. It is down 0.00% since August 28, 2016 and is. It has underperformed by 17.21% the S&P500. Renaissance Technologies LLC now owns 389,400 shares with a value of $111,890,000. The shares were sold at an average price of $312.36, for a total value of $156,180.00.

Since March 14, 2017, it had 0 insider purchases, and 12 selling transactions for $58.71 million activity. On Monday, June 5 the insider Eck Dennis K sold $9.39 million. The insider STURGELL ROBERT A sold $284,232. About 2.33 million shares traded. Cowen & Co maintained Ulta Beauty Inc (NASDAQ:ULTA) on Monday, July 31 with "Buy" rating.

Investors sentiment increased to 1.06 in Q4 2016. Its down 0.08, from 1.06 in 2016Q3. It improved, as 42 investors sold COL shares while 150 reduced holdings. 70 funds opened positions while 177 raised stakes.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings data on Thursday, August 24th. Blackrock Fund Advisors reported 1.08 million shares. Engineers Gate Manager LP owns 16,427 shares. The stock declined 1.34% or $2.85 reaching $209.51 per share. Landscape Limited Liability owns 18,269 shares for 0.64% of their portfolio. The stock's 52-week range is $225.13 to $314.86, and its 3-month range is $208.25 to $314.86. Prudential Inc reported 110,280 shares.

Large investors have recently made changes to their positions in the stock. "Buy It!" on August 24, 2017, also Fool.com with their article: "Why Ulta Beauty, Big Lots, and Veeva Systems Slumped Today" published on August 25, 2017, Finance.Yahoo.com published: "Has Ulta Beauty Hit a Slowdown Point?" on August 25, 2017. Ulta Beauty had a net margin of 8.84% and a return on equity of 29.72%.

Focusing on Street analyst opinions, we can see that the current consensus target price on company shares is $316.05. Therefore 48% are positive. Ulta Salon Cosmetics & Fragrance Inc had 84 analyst reports since July 21, 2015 according to SRatingsIntel. The stock was recently spotted at the 209.34 level, which is presently 0.53% away from the 52-week low price. (NASDAQ:ULTA), with 9 analysts believing it is a strong buy. The rating was maintained by Jefferies with "Buy" on Monday, August 14. The stock has "Hold" rating by Deutsche Bank on Friday, March 11. The firm has "Buy" rating by Evercore given on Friday, August 25. On July 14 the stock rating was upgraded from "Buy" to "Conviction Buy" in a statement from Goldman Sachs. JP Morgan maintained the shares of ULTA in report on Friday, May 27 with "Overweight" rating.

Analyst's ratings play a very important role in outlining a stock's performance. The stock of Ulta Beauty Inc (NASDAQ:ULTA) has "Buy" rating given on Tuesday, June 20 by Oppenheimer. Thompson Siegel & Walmsley Llc sold 3,965 shares as the company's stock rose 9.83% with the market. The New York-based Natl Asset Mngmt has invested 0.09% in Ulta Beauty Inc (NASDAQ:ULTA). The Bank is a community-oriented savings institution. State Of New Jersey Common Pension Fund D holds 0.04% of its portfolio in Ulta Beauty Inc (NASDAQ:ULTA) for 34,200 shares. (NYSE:RRC) for 344,369 shares. Janus Cap Lc holds 394,723 shares. Honeywell Incorporated owns 417,700 shares. RUN share have rallied by 30.13% in percentage terms since the start of the year - and retreated -6.24% in the last month. Congress Asset Ma holds 0.14% or 25,810 shares in its portfolio. Virginia Retirement Et Al accumulated 71,400 shares. Ing Groep Nv accumulated 4,155 shares. RSI may be used to identify overbought or oversold conditions. (NYSE:RRC) on Monday, December 14 to "Sector Perform" rating. Buckingham Research downgraded the stock to "Neutral" rating in Friday, May 26 report. The stock has "Buy" rating by GMP Securities on Wednesday, September 28. Zooming in to the last week, company shares are -13.04%. Tyers Asset Management LLC increased its stake in Ulta Beauty by 1.3% in the first quarter.

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