Breaking: UBS Reiterates $315 Target Price per Share On Ulta Beauty (NASDAQ:ULTA) Shares, Reiterates Their Original Buy Rating

September 8, 2018 - By Lisa Delgado

Ulta Beauty, Inc. (NASDAQ:ULTA) Logo

Investors sentiment increased to 1.02 in Q1 2018. Its up 0.07, from 0.95 in 2017Q4. It is positive, as 63 investors sold Ulta Beauty, Inc. shares while 151 reduced holdings. 75 funds opened positions while 144 raised stakes. 51.94 million shares or 2.83% less from 53.45 million shares in 2017Q4 were reported.

Westwood Management Corporation Il reported 94,950 shares. First Allied Advisory Services stated it has 1,178 shares or 0.01% of all its holdings. Quantum Capital Mgmt, a California-based fund reported 35,250 shares. 8,412 are held by Sumitomo Life Insur Com. Noesis Capital Mangement accumulated 1,257 shares. 9,520 are owned by Fulton Retail Bank Na. Benjamin F Edwards holds 0% or 85 shares. 2,980 are owned by Goodnow Invest Grp Limited Liability Com. Ubs Asset Mgmt Americas reported 193,661 shares. Manufacturers Life Ins The holds 0.04% or 163,769 shares in its portfolio. Cwm Ltd Company reported 0% of its portfolio in Ulta Beauty, Inc. (NASDAQ:ULTA). The Tennessee-based Ftb Advisors has invested 0% in Ulta Beauty, Inc. (NASDAQ:ULTA). Moneta Grp Invest Ltd Liability reported 0.05% of its portfolio in Ulta Beauty, Inc. (NASDAQ:ULTA). Liberty Mutual Grp Inc Asset Mgmt owns 2,326 shares. Ameritas stated it has 7,828 shares or 0.08% of all its holdings.

Since April 5, 2018, it had 0 insider purchases, and 11 insider sales for $32.74 million activity. Dillon Mary N sold $3.37 million worth of stock or 16,286 shares. On Monday, April 16 the insider Nagler Lorna sold $685,057. $1.78M worth of Ulta Beauty, Inc. (NASDAQ:ULTA) was sold by Settersten Scott M. Halligan Catherine Ann sold $100,976 worth of stock or 400 shares. Another trade for 8,000 shares valued at $2.01M was made by CHILDS JEFFREY J on Monday, June 11. The insider PHILIPPIN CHARLES J sold $12.55 million.

Ulta Beauty (NASDAQ:ULTA) Rating Reaffirmed

In a research note revealed on Friday, 7 September, The Buy rating of Ulta Beauty (NASDAQ:ULTA) shares was restate by UBS, who now has a $315 target price per share on the stock. UBS’s target price per share would indicate a possible upside of 10.22 % from the current stock price of the company.

Ulta Beauty, Inc. (NASDAQ:ULTA) Ratings Coverage

Among 19 analysts covering Ulta Salon (NASDAQ:ULTA), 13 have Buy rating, 0 Sell and 6 Hold. Therefore 68% are positive. Ulta Salon has $315 highest and $205.0 lowest target. $263.94’s average target is -7.65% below currents $285.8 stock price. Ulta Salon had 32 analyst reports since March 9, 2018 according to SRatingsIntel. Stifel Nicolaus maintained the shares of ULTA in report on Friday, August 31 with “Hold” rating. The firm has “Hold” rating given on Friday, August 24 by Stifel Nicolaus. The firm has “Overweight” rating given on Friday, March 16 by Morgan Stanley. The stock has “Buy” rating by Buckingham Research on Monday, March 12. The stock of Ulta Beauty, Inc. (NASDAQ:ULTA) earned “Outperform” rating by Robert W. Baird on Wednesday, May 30. Buckingham Research maintained it with “Buy” rating and $300 target in Wednesday, May 30 report. The firm earned “Buy” rating on Monday, March 19 by Buckingham Research. The firm has “Buy” rating by Wells Fargo given on Friday, March 16. Oppenheimer upgraded Ulta Beauty, Inc. (NASDAQ:ULTA) rating on Thursday, May 31. Oppenheimer has “Buy” rating and $28000 target. The stock of Ulta Beauty, Inc. (NASDAQ:ULTA) earned “Buy” rating by Piper Jaffray on Tuesday, April 10.

The stock increased 3.68% or $10.14 during the last trading session, reaching $285.8. About 2.10 million shares traded or 122.54% up from the average. Ulta Beauty, Inc. (NASDAQ:ULTA) has declined 14.33% since September 8, 2017 and is downtrending. It has underperformed by 26.90% the S&P500.

Ulta Beauty, Inc. operates as a beauty retailer in the United States. The company has market cap of $17.08 billion. The companyÂ’s stores provide cosmetics, fragrance, skincare, haircare, bath and body products, and salon styling tools, as well as others, including nail products and accessories. It has a 27.89 P/E ratio. It offers private label products consisting of Ulta Beauty Collection branded cosmetics, skincare, and bath products.

More notable recent Ulta Beauty, Inc. (NASDAQ:ULTA) news were published by: Seekingalpha.com which released: “Ulta’s Growth Is Far From Over” on September 06, 2018, also Nasdaq.com with their article: “3 Things to Watch in the Stock Market This Week” published on August 26, 2018, 247Wallst.com published: “Top Analyst Upgrades and Downgrades: Apple, Caterpillar, Costco, GW Pharma, NXP, Southwest Air, Teva, Ulta, Wells …” on September 07, 2018. More interesting news about Ulta Beauty, Inc. (NASDAQ:ULTA) were released by: Streetinsider.com and their article: “ULTA Salon (ULTA) PT Raised to $315 at UBS Citing Kylie & Kiehl’s” published on September 07, 2018 as well as Seekingalpha.com‘s news article titled: “Ulta Beauty +9% on Kylie Jenner buzz” with publication date: August 31, 2018.

Ulta Beauty, Inc. (NASDAQ:ULTA) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.