Clear Creek Financial Management LLC Buys 35 Shares of Ulta Beauty, Inc. (NASDAQ:ULTA)

Clear Creek Financial Management LLC grew its stake in shares of Ulta Beauty, Inc. (NASDAQ:ULTA) by 4.4% in the fourth quarter, Holdings Channel reports. The fund owned 832 shares of the specialty retailer’s stock after acquiring an additional 35 shares during the quarter. Clear Creek Financial Management LLC’s holdings in Ulta Beauty were worth $362,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Sanctuary Advisors LLC bought a new stake in shares of Ulta Beauty in the second quarter valued at $1,500,000. Czech National Bank increased its holdings in Ulta Beauty by 6.4% in the 3rd quarter. Czech National Bank now owns 9,720 shares of the specialty retailer’s stock worth $3,782,000 after acquiring an additional 585 shares during the last quarter. Harbor Investment Advisory LLC raised its stake in Ulta Beauty by 7.4% in the 3rd quarter. Harbor Investment Advisory LLC now owns 725 shares of the specialty retailer’s stock valued at $282,000 after acquiring an additional 50 shares during the period. Handelsbanken Fonder AB lifted its holdings in Ulta Beauty by 3.3% during the third quarter. Handelsbanken Fonder AB now owns 29,339 shares of the specialty retailer’s stock valued at $11,416,000 after purchasing an additional 944 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in Ulta Beauty by 26.0% during the third quarter. GAMMA Investing LLC now owns 422 shares of the specialty retailer’s stock worth $164,000 after purchasing an additional 87 shares during the period. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Citigroup boosted their price target on shares of Ulta Beauty from $450.00 to $457.00 and gave the company a “neutral” rating in a research report on Tuesday, January 7th. Wells Fargo & Company boosted their target price on shares of Ulta Beauty from $350.00 to $370.00 and gave the company an “underweight” rating in a report on Tuesday, January 7th. Bank of America raised their price target on Ulta Beauty from $460.00 to $475.00 and gave the stock a “neutral” rating in a report on Tuesday, January 7th. DA Davidson boosted their price objective on Ulta Beauty from $435.00 to $510.00 and gave the company a “buy” rating in a research note on Friday, December 6th. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $500.00 target price on shares of Ulta Beauty in a research note on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $459.22.

Ulta Beauty Stock Performance

ULTA stock opened at $412.15 on Monday. The company has a market capitalization of $19.11 billion, a PE ratio of 16.49, a price-to-earnings-growth ratio of 0.98 and a beta of 1.28. Ulta Beauty, Inc. has a one year low of $318.17 and a one year high of $574.76. The company’s 50 day moving average price is $414.93 and its two-hundred day moving average price is $385.93.

Ulta Beauty (NASDAQ:ULTA) last issued 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. Ulta Beauty had a net margin of 10.58% and a return on equity of 51.95%. The company had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.50 billion. During the same quarter last year, the company earned $5.07 EPS. The firm’s revenue was up 1.7% compared to the same quarter last year. On average, research analysts predict that Ulta Beauty, Inc. will post 23.99 EPS for the current year.

Ulta Beauty Profile

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.