SG Americas Securities LLC Grows Position in Ulta Beauty Inc. (ULTA)

SG Americas Securities LLC boosted its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 415.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,995 shares of the specialty retailer’s stock after acquiring an additional 1,608 shares during the quarter. SG Americas Securities LLC’s holdings in Ulta Beauty were worth $451,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in Ulta Beauty by 3.1% during the 2nd quarter. Vanguard Group Inc. now owns 5,738,059 shares of the specialty retailer’s stock worth $1,648,774,000 after acquiring an additional 173,627 shares during the period. BlackRock Inc. lifted its holdings in shares of Ulta Beauty by 6.2% in the 2nd quarter. BlackRock Inc. now owns 4,255,942 shares of the specialty retailer’s stock valued at $1,222,902,000 after buying an additional 247,992 shares during the period. Jennison Associates LLC lifted its holdings in shares of Ulta Beauty by 9.1% in the 2nd quarter. Jennison Associates LLC now owns 2,468,332 shares of the specialty retailer’s stock valued at $709,251,000 after buying an additional 205,289 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Ulta Beauty by 4.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,180,557 shares of the specialty retailer’s stock valued at $626,560,000 after buying an additional 83,081 shares during the period. Finally, Alliancebernstein L.P. lifted its holdings in shares of Ulta Beauty by 31.9% in the 2nd quarter. Alliancebernstein L.P. now owns 1,311,030 shares of the specialty retailer’s stock valued at $376,711,000 after buying an additional 317,441 shares during the period. 89.09% of the stock is owned by institutional investors.

Ulta Beauty Inc. (NASDAQ ULTA) opened at $214.87 on Wednesday. The stock has a market capitalization of $13,182.90, a price-to-earnings ratio of 28.14, a P/E/G ratio of 1.34 and a beta of 0.55. Ulta Beauty Inc. has a 1-year low of $187.96 and a 1-year high of $314.86.

Several analysts have recently commented on ULTA shares. Jefferies Group set a $300.00 price target on Ulta Beauty and gave the company 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 company a “buy” rating in a report on Wednesday, August 23rd. Piper Jaffray Companies reissued a “buy” rating and issued a $330.00 price target on shares of Ulta Beauty in a report on Monday, August 21st. Loop Capital reissued a “buy” rating and issued a $300.00 price target (down 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 company a “buy” rating in a report on Friday, August 25th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $257.39.

In other news, Director Charles Heilbronn acquired 127,889 shares of Ulta Beauty stock in a transaction that occurred on Friday, October 13th. The stock was purchased at an average cost of $195.21 per share, with a total value of $24,965,211.69. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 5.20% of the company’s stock.

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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.

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

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