Eagle Asset Management Inc. raised its position in shares of Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) by 2.9% during the third quarter, Holdings Channel reports. The firm owned 70,645 shares of the company’s stock after buying an additional 1,982 shares during the period. Eagle Asset Management Inc.’s holdings in Ulta Salon, Cosmetics & Fragrance were worth $16,812,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in ULTA. Vanguard Group Inc. boosted its position in shares of Ulta Salon, Cosmetics & Fragrance by 23.1% in the second quarter. Vanguard Group Inc. now owns 5,282,445 shares of the company’s stock worth $1,287,015,000 after buying an additional 989,926 shares during the period. Capital World Investors boosted its position in shares of Ulta Salon, Cosmetics & Fragrance by 8.2% in the second quarter. Capital World Investors now owns 4,859,000 shares of the company’s stock worth $1,183,847,000 after buying an additional 366,769 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Ulta Salon, Cosmetics & Fragrance by 30.6% in the second quarter. JPMorgan Chase & Co. now owns 2,459,504 shares of the company’s stock worth $599,233,000 after buying an additional 576,370 shares during the period. State Street Corp boosted its position in shares of Ulta Salon, Cosmetics & Fragrance by 37.8% in the second quarter. State Street Corp now owns 2,425,671 shares of the company’s stock worth $590,980,000 after buying an additional 666,016 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in shares of Ulta Salon, Cosmetics & Fragrance by 14.9% in the second quarter. Bank of New York Mellon Corp now owns 1,155,573 shares of the company’s stock worth $281,544,000 after buying an additional 149,470 shares during the period. 85.58% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA)

Shares of Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) traded down 0.12% during midday trading on Wednesday, reaching $260.11. 363,214 shares of the company’s stock were exchanged. The firm has a 50-day moving average of $246.83 and a 200-day moving average of $244.93. The company has a market capitalization of $16.22 billion, a PE ratio of 45.79 and a beta of 0.71. Ulta Salon, Cosmetics & Fragrance Inc. has a 1-year low of $146.77 and a 1-year high of $278.63.

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A number of research firms have recently commented 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 research report on Saturday, October 15th. 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 research report on Friday, October 14th. Oppenheimer Holdings Inc. reissued an “outperform” rating and set a $300.00 target price (up from $260.00) on shares of Ulta Salon, Cosmetics & Fragrance in a research report on Wednesday, August 3rd. Cowen and Company reissued an “outperform” rating and set a $286.00 target price on shares of Ulta Salon, Cosmetics & Fragrance in a research report on Thursday, October 13th. Finally, Royal Bank Of Canada boosted their target price on shares of Ulta Salon, Cosmetics & Fragrance from $225.00 to $270.00 and gave the stock a “sector perform” rating in a research report on Monday, August 29th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $265.50.

In related news, Director Dennis K. Eck acquired 11,000 shares of the business’s stock in a transaction on Wednesday, September 7th. The stock was acquired at an average cost of $246.97 per share, with a total value of $2,716,670.00. Following the acquisition, the director now directly owns 498,530 shares in the company, valued at approximately $123,121,954.10. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Catherine Ann Halligan sold 400 shares of the stock in a transaction that occurred on Wednesday, September 21st. The shares were sold at an average price of $239.40, for a total transaction of $95,760.00. Following the sale, the director now directly owns 3,921 shares of the company’s stock, valued at $938,687.40. The disclosure for this sale can be found here. 6.90% of the stock is currently owned by corporate insiders.

Ulta Salon, Cosmetics & Fragrance Company Profile

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.

5 Day Chart for NASDAQ:ULTA

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