Samlyn Capital adds Ulta Salon Cosmetics & Fragrance (ULTA) to its portfolio

Ulta Salon Cosmetics & Fragrance (ULTA) : Samlyn Capital added new position in Ulta Salon Cosmetics & Fragrance during the most recent quarter end. The investment management firm now holds 270,205 shares of Ulta Salon Cosmetics & Fragrance which is valued at $72,090,694 , the company said in a statement filed on Aug 15, 2016 with the SEC.Ulta Salon Cosmetics & Fragrance makes up approximately 1.75% of Samlyn Capital’s portfolio.

Other Hedge Funds, Including , Interval Partners Lp sold out all of its stake in ULTA during the most recent quarter. The investment firm sold 40,092 shares of ULTA which is valued $10,696,546.Parametric Portfolio Associates boosted its stake in ULTA in the latest quarter, The investment management firm added 7,660 additional shares and now holds a total of 56,396 shares of Ulta Salon Cosmetics & Fragrance which is valued at $15,046,453. Ulta Salon Cosmetics & Fragrance makes up approx 0.02% of Parametric Portfolio Associates’s portfolio.Gratry Co reduced its stake in ULTA by selling 500 shares or 27.4% in the most recent quarter. The Hedge Fund company now holds 1,325 shares of ULTA which is valued at $353,510. Ulta Salon Cosmetics & Fragrance makes up approx 0.27% of Gratry Co’s portfolio. Syntal Capital Partners added ULTA to its portfolio by purchasing 997 company shares during the most recent quarter which is valued at $260,426. Ulta Salon Cosmetics & Fragrance makes up approx 0.30% of Syntal Capital Partners’s portfolio.

Ulta Salon Cosmetics & Fragrance closed down -2.9 points or -1.16% at $246.74 with 612,816 shares getting traded on Wednesday. Post opening the session at $249.96, the shares hit an intraday low of $245.83 and an intraday high of $250 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, Ulta Salon Cosmetics & Fragrance reported $1.45 EPS for the quarter, beating the analyst consensus estimate by $ 0.16 according to the earnings call on May 26, 2016. Analyst had a consensus of $1.29. The company had revenue of $1074.00 million for the quarter, compared to analysts expectations of $1030.55 million. The company’s revenue was up 23.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.04 EPS.

Many Wall Street Analysts have commented on Ulta Salon Cosmetics & Fragrance. Company shares were Reiterated by RBC Capital Mkts on Aug 29, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 270 from a previous price target of $225 .Company shares were Reiterated by Piper Jaffray on Aug 22, 2016 to “Overweight”, Firm has raised the Price Target to $ 290 from a previous price target of $250 .Ulta Salon Cosmetics & Fragrance was Resumed by Stifel to “Hold” on Jul 12, 2016.

Ulta Salon Cosmetics & Fragrance Inc. (Ulta) is a beauty retailer. The Company provides salon products and salon services in the United States. It offers a combination of more than 20000 prestige and mass beauty products. As of January 31 2015 it operated 774 stores in 47 states. The Company offers products in the categories including cosmetics which includes products for the face eyes cheeks lips and nails; haircare which includes shampoos conditioners styling products and hair accessories; salon styling tools which includes hair dryers curling irons and flat irons; skincare and bath and body which includes products for the face hands and body; fragrance; nail polish and nail care products; men’s skincare haircare and fragrance products; private label consisting of Ulta branded cosmetics skincare bath and body products and haircare and other health and beauty products.

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