New York: Ulta Salon (NASDAQ:ULTA) Stock Has Just Had Its “Hold” Rating Reiterated by RBC Capital. Shares now Have a $250.0 Target

January 20, 2018 - By Marguerite Chambers

 New York: Ulta Salon (NASDAQ:ULTA) Stock Has Just Had Its

Investors sentiment decreased to 0.85 in 2017 Q3. Its down 0.20, from 1.05 in 2017Q2. It is negative, as 102 investors sold Ulta Beauty, Inc. shares while 170 reduced holdings. 68 funds opened positions while 163 raised stakes. 52.49 million shares or 1.02% less from 53.03 million shares in 2017Q2 were reported.

Dimensional Fund Advisors Limited Partnership owns 230,487 shares or 0.02% of their US portfolio. Pnc Financial Service Gru invested in 18,050 shares. Stephens Investment Group Ltd Liability Co has invested 0.59% in Ulta Beauty, Inc. (NASDAQ:ULTA). Gsa Ptnrs Limited Liability Partnership holds 12,079 shares or 0.19% of its portfolio. 7,372 were reported by Lpl Financial Ltd Liability Co. Next Fincl Grp Inc holds 0.03% or 490 shares in its portfolio. Hightower Advsr Limited Liability Company invested in 4,130 shares or 0.01% of the stock. First Bancorp Of Omaha accumulated 44,660 shares. Moreover, Qci Asset Management Ny has 0% invested in Ulta Beauty, Inc. (NASDAQ:ULTA) for 20 shares. Moreover, Granahan Ma has 0.03% invested in Ulta Beauty, Inc. (NASDAQ:ULTA) for 1,519 shares. Bridgecreek Mgmt Lc accumulated 19,020 shares or 1.17% of the stock. Aviva Public Ltd Liability accumulated 37,735 shares. Tower Research Capital Ltd (Trc) has 439 shares. Advisors Asset Mngmt Inc invested in 8,827 shares or 0.03% of the stock. Jennison Assoc Ltd Liability has invested 0.15% of its portfolio in Ulta Beauty, Inc. (NASDAQ:ULTA).

Since October 12, 2017, it had 1 insider purchase, and 0 insider sales for $24.97 million activity.

Ulta Salon (NASDAQ:ULTA) Rating Reaffirmed

In analysts note issued to clients and investors on Monday morning, The “Hold” rating of Ulta Salon (NASDAQ:ULTA) shares was maintained at RBC Capital, who now has a $250.0 price target on the stock. RBC Capital’s price target means a possible upside of 2.40 % from the previous stock close of the company.

Investors sentiment decreased to 0.85 in 2017 Q3. Its down 0.20, from 1.05 in 2017Q2. It is negative, as 102 investors sold Ulta Beauty, Inc. shares while 170 reduced holdings. 68 funds opened positions while 163 raised stakes. 52.49 million shares or 1.02% less from 53.03 million shares in 2017Q2 were reported.

Dimensional Fund Advisors Limited Partnership owns 230,487 shares or 0.02% of their US portfolio. Pnc Financial Service Gru invested in 18,050 shares. Stephens Investment Group Ltd Liability Co has invested 0.59% in Ulta Beauty, Inc. (NASDAQ:ULTA). Gsa Ptnrs Limited Liability Partnership holds 12,079 shares or 0.19% of its portfolio. 7,372 were reported by Lpl Financial Ltd Liability Co. Next Fincl Grp Inc holds 0.03% or 490 shares in its portfolio. Hightower Advsr Limited Liability Company invested in 4,130 shares or 0.01% of the stock. First Bancorp Of Omaha accumulated 44,660 shares. Moreover, Qci Asset Management Ny has 0% invested in Ulta Beauty, Inc. (NASDAQ:ULTA) for 20 shares. Moreover, Granahan Ma has 0.03% invested in Ulta Beauty, Inc. (NASDAQ:ULTA) for 1,519 shares. Bridgecreek Mgmt Lc accumulated 19,020 shares or 1.17% of the stock. Aviva Public Ltd Liability accumulated 37,735 shares. Tower Research Capital Ltd (Trc) has 439 shares. Advisors Asset Mngmt Inc invested in 8,827 shares or 0.03% of the stock. Jennison Assoc Ltd Liability has invested 0.15% of its portfolio in Ulta Beauty, Inc. (NASDAQ:ULTA).

Since October 12, 2017, it had 1 insider purchase, and 0 insider sales for $24.97 million activity.

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

Among 28 analysts covering Ulta Salon Cosmetics & Fragrance Inc (NASDAQ:ULTA), 16 have Buy rating, 0 Sell and 12 Hold. Therefore 57% are positive. Ulta Salon Cosmetics & Fragrance Inc has $350 highest and $155 lowest target. $264.70’s average target is 8.43% above currents $244.13 stock price. Ulta Salon Cosmetics & Fragrance Inc had 108 analyst reports since July 21, 2015 according to SRatingsIntel. On Friday, May 27 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. The firm has “Hold” rating by Deutsche Bank given on Friday, August 26. The firm earned “Buy” rating on Friday, August 25 by Cowen & Co. As per Monday, November 30, the company rating was maintained by JP Morgan. Jefferies maintained Ulta Beauty, Inc. (NASDAQ:ULTA) on Friday, May 27 with “Hold” rating. JP Morgan maintained the stock with “Overweight” rating in Friday, May 27 report. As per Wednesday, October 18, the company rating was downgraded by PiperJaffray. Deutsche Bank initiated the shares of ULTA in report on Monday, August 3 with “Hold” rating. Oppenheimer maintained the shares of ULTA in report on Monday, July 17 with “Buy” rating. The rating was maintained by Cowen & Co with “Buy” on Friday, October 20.

The stock increased 0.40% or $0.98 during the last trading session, reaching $244.13. About 1.24M shares traded. Ulta Beauty, Inc. (NASDAQ:ULTA) has risen 41.46% since January 20, 2017 and is uptrending. It has outperformed by 24.76% the S&P500.

Analysts await Ulta Beauty, Inc. (NASDAQ:ULTA) to report earnings on March, 8. They expect $2.77 EPS, up 23.66 % or $0.53 from last year’s $2.24 per share. ULTA’s profit will be $168.95 million for 22.03 P/E if the $2.77 EPS becomes a reality. After $1.70 actual EPS reported by Ulta Beauty, Inc. for the previous quarter, Wall Street now forecasts 62.94 % EPS growth.

Ulta Beauty, Inc. operates as a beauty retailer in the United States. The company has market cap of $14.89 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 31.2 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: Fool.com which released: “Why Ulta Beauty’s Stock Lost 12% in 2017” on January 09, 2018, also Cnbc.com with their article: “Ulta Beauty is among the retailers poised to benefit from tax cuts, Wells …” published on January 16, 2018, Benzinga.com published: “Ulta Beauty Investors Failing To Reward Stock For Tax Tailwinds, Says Wells Fargo” on January 03, 2018. More interesting news about Ulta Beauty, Inc. (NASDAQ:ULTA) were released by: Nasdaq.com and their article: “Ulta Beauty (ULTA) Displays Mixed Sentiments: Time to Hold?” published on December 27, 2017 as well as Seekingalpha.com‘s news article titled: “Ulta A Buy On Tax Cuts” with publication date: January 17, 2018.

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