Nikulski Financial Inc. Sells 185 Shares of Ulta Beauty, Inc. (NASDAQ:ULTA)

Nikulski Financial Inc. trimmed its holdings in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 13.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,226 shares of the specialty retailer’s stock after selling 185 shares during the quarter. Nikulski Financial Inc.’s holdings in Ulta Beauty were worth $533,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of ULTA. Paladin Wealth LLC acquired a new stake in Ulta Beauty in the third quarter valued at $32,000. Sunbelt Securities Inc. lifted its position in shares of Ulta Beauty by 118.4% in the third quarter. Sunbelt Securities Inc. now owns 83 shares of the specialty retailer’s stock valued at $32,000 after buying an additional 45 shares during the last quarter. Westside Investment Management Inc. boosted its stake in shares of Ulta Beauty by 151.5% during the 3rd quarter. Westside Investment Management Inc. now owns 83 shares of the specialty retailer’s stock worth $32,000 after acquiring an additional 50 shares during the period. Harvest Fund Management Co. Ltd acquired a new position in shares of Ulta Beauty during the 3rd quarter worth approximately $41,000. Finally, Future Financial Wealth Managment LLC acquired a new stake in Ulta Beauty during the 4th quarter valued at $43,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Ulta Beauty Trading Down 0.2 %

Shares of NASDAQ:ULTA opened at $417.83 on Friday. The stock has a 50 day moving average of $407.85 and a 200 day moving average of $385.62. Ulta Beauty, Inc. has a 12-month low of $318.17 and a 12-month high of $574.76. The company has a market cap of $19.37 billion, a PE ratio of 16.72, a price-to-earnings-growth ratio of 1.00 and a beta of 1.28.

Ulta Beauty (NASDAQ:ULTA) last posted its earnings results on Thursday, December 5th. The specialty retailer reported $5.14 EPS for the quarter, topping analysts’ consensus estimates of $4.45 by $0.69. The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.50 billion. Ulta Beauty had a return on equity of 51.95% and a net margin of 10.58%. The firm’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same period in the previous year, the business earned $5.07 earnings per share. Equities research analysts predict that Ulta Beauty, Inc. will post 23.96 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on ULTA shares. Raymond James cut their price objective on shares of Ulta Beauty from $450.00 to $440.00 and set an “outperform” rating for the company in a research report on Monday, October 14th. Barclays lifted their price target on Ulta Beauty from $410.00 to $445.00 and gave the stock an “equal weight” rating in a report on Thursday, January 9th. UBS Group upped their price objective on Ulta Beauty from $470.00 to $490.00 and gave the company a “buy” rating in a report on Friday, December 6th. Stifel Nicolaus upped their price target on shares of Ulta Beauty from $455.00 to $475.00 and gave the company a “hold” rating in a research note on Tuesday, January 7th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $500.00 target price on shares of Ulta Beauty in a report on Tuesday, January 7th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $459.22.

About Ulta Beauty

Ulta Beauty, Inc operates as a specialty beauty retailer in the United States. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.com website, and its mobile applications.