The Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) Shares Bought by Samlyn Capital LLC

The Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) Shares Bought by Samlyn Capital LLC

Samlyn Capital LLC increased its position in shares of Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) by 22.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 330,603 shares of the company’s stock after buying an additional 60,398 shares during the period. Ulta Salon, Cosmetics & Fragrance comprises approximately 1.9% of Samlyn Capital LLC’s portfolio, making the stock its 14th largest position. Samlyn Capital LLC’s holdings in Ulta Salon, Cosmetics & Fragrance were worth $78,677,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in ULTA. HBK Investments L P increased its stake in Ulta Salon, Cosmetics & Fragrance by 148.7% in the third quarter. HBK Investments L P now owns 186,700 shares of the company’s stock worth $44,431,000 after buying an additional 111,621 shares during the period. Two Sigma Advisers LP increased its stake in Ulta Salon, Cosmetics & Fragrance by 8.3% in the third quarter. Two Sigma Advisers LP now owns 501,154 shares of the company’s stock worth $119,265,000 after buying an additional 38,200 shares during the period. OMERS ADMINISTRATION Corp increased its stake in Ulta Salon, Cosmetics & Fragrance by 130.3% in the third quarter. OMERS ADMINISTRATION Corp now owns 45,600 shares of the company’s stock worth $10,852,000 after buying an additional 25,800 shares during the period. United Services Automobile Association increased its stake in Ulta Salon, Cosmetics & Fragrance by 120.4% in the third quarter. United Services Automobile Association now owns 68,263 shares of the company’s stock worth $16,245,000 after buying an additional 37,296 shares during the period. Finally, HighTower Advisors LLC acquired a new stake in Ulta Salon, Cosmetics & Fragrance during the third quarter worth $230,000. Institutional investors own 85.45% of the company’s stock.

Shares of Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) opened at 265.50 on Thursday. Ulta Salon, Cosmetics & Fragrance Inc. has a 12-month low of $146.77 and a 12-month high of $278.63. The stock has a 50 day moving average of $258.33 and a 200 day moving average of $252.15. The company has a market cap of $16.52 billion, a price-to-earnings ratio of 44.50 and a beta of 0.72.

Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA) last issued its earnings results on Thursday, December 1st. The company reported $1.40 EPS for the quarter, beating the Zacks’ consensus estimate of $1.37 by $0.03. The business earned $1.13 billion during the quarter, compared to analysts’ expectations of $1.11 billion. Ulta Salon, Cosmetics & Fragrance had a net margin of 8.31% and a return on equity of 26.87%. The company’s quarterly revenue was up 24.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.11 earnings per share. Analysts forecast that Ulta Salon, Cosmetics & Fragrance Inc. will post $6.41 earnings per share for the current year.

A number of research firms have recently weighed in on ULTA. Jefferies Group set a $255.00 target price on shares of Ulta Salon, Cosmetics & Fragrance and gave the stock a “hold” rating in a report on Saturday, October 15th. Robert W. Baird set a $315.00 target price on shares of Ulta Salon, Cosmetics & Fragrance and gave the stock a “buy” rating in a report on Sunday, December 4th. Stifel Nicolaus boosted their target price on shares of Ulta Salon, Cosmetics & Fragrance from $277.00 to $290.00 and gave the stock a “hold” rating in a report on Friday, December 2nd. Telsey Advisory Group boosted their target price on shares of Ulta Salon, Cosmetics & Fragrance from $300.00 to $310.00 and gave the stock an “outperform” rating in a report on Friday, October 14th. Finally, BMO Capital Markets began coverage on shares of Ulta Salon, Cosmetics & Fragrance in a report on Thursday, December 15th. They issued an “outperform” rating and a $295.00 target price on the stock. One analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have given a buy rating to the company’s stock. Ulta Salon, Cosmetics & Fragrance has an average rating of “Buy” and a consensus price target of $269.38.

About Ulta Salon, Cosmetics & Fragrance

Ulta Salon, Cosmetics & Fragrance, Inc is a beauty retailer. The Company operates specialty retail stores selling cosmetics, fragrance, haircare and skincare products, and related accessories and services. The Company operates through three segments: retail stores, salon services and e-commerce. The Company also offers a full-service salon in every store featuring hair, skin and brow services.

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