Robeco Institutional Asset Management B.V. Sells 16,703 Shares of Ulta Beauty Inc (ULTA)

Robeco Institutional Asset Management B.V. lowered its holdings in Ulta Beauty Inc (NASDAQ:ULTA) by 82.9% during the 4th quarter, Holdings Channel reports. The firm owned 3,434 shares of the specialty retailer’s stock after selling 16,703 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Ulta Beauty were worth $767,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. QS Investors LLC grew its stake in shares of Ulta Beauty by 0.8% in the 2nd quarter. QS Investors LLC now owns 730 shares of the specialty retailer’s stock worth $210,000 after purchasing an additional 6 shares during the last quarter. Ashford Capital Management Inc. grew its stake in shares of Ulta Beauty by 2.2% in the 2nd quarter. Ashford Capital Management Inc. now owns 2,428 shares of the specialty retailer’s stock worth $698,000 after purchasing an additional 53 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of Ulta Beauty by 18.1% in the 2nd quarter. Cetera Investment Advisers now owns 1,401 shares of the specialty retailer’s stock worth $398,000 after purchasing an additional 215 shares during the last quarter. State Board of Administration of Florida Retirement System grew its stake in shares of Ulta Beauty by 0.3% in the 3rd quarter. State Board of Administration of Florida Retirement System now owns 91,523 shares of the specialty retailer’s stock worth $20,690,000 after purchasing an additional 260 shares during the last quarter. Finally, Pacer Advisors Inc. grew its stake in shares of Ulta Beauty by 12.8% in the 3rd quarter. Pacer Advisors Inc. now owns 2,405 shares of the specialty retailer’s stock worth $544,000 after purchasing an additional 273 shares during the last quarter. 89.41% of the stock is currently owned by institutional investors.

Ulta Beauty Inc (ULTA) opened at $218.06 on Thursday. The firm has a market cap of $13,300.00, a P/E ratio of 27.88, a PEG ratio of 1.04 and a beta of 0.54. Ulta Beauty Inc has a 1 year low of $187.96 and a 1 year high of $314.86.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings results on Thursday, November 30th. The specialty retailer reported $1.70 EPS for the quarter, topping the consensus estimate of $1.67 by $0.03. The business had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.34 billion. Ulta Beauty had a net margin of 8.82% and a return on equity of 29.64%. sell-side analysts anticipate that Ulta Beauty Inc will post 8.36 EPS for the current fiscal year.

ULTA has been the topic of several recent research reports. Buckingham Research reaffirmed a “buy” rating on shares of Ulta Beauty in a research note on Tuesday, January 23rd. Cowen set a $336.00 price objective on shares of Ulta Beauty and gave the stock a “buy” rating in a research note on Friday, October 20th. Loop Capital set a $300.00 price objective on shares of Ulta Beauty and gave the stock a “buy” rating in a research note on Sunday, December 3rd. Cleveland Research cut shares of Ulta Beauty from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $189.50 to $314.00 in a research note on Thursday, October 12th. Finally, Wells Fargo & Co set a $297.00 price objective on shares of Ulta Beauty and gave the stock a “buy” rating in a research note on Thursday, January 11th. Eleven investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $262.91.

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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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