Ulta Salon Cosmetics & Fragrance (ULTA) : Catalyst Capital Advisors reduced its stake in Ulta Salon Cosmetics & Fragrance by 13.76% during the most recent quarter end. The investment management company now holds a total of 63,625 shares of Ulta Salon Cosmetics & Fragrance which is valued at $13.1 Million after selling 10,150 shares in Ulta Salon Cosmetics & Fragrance , the firm said in a disclosure report filed with the SEC on May 11, 2016.Ulta Salon Cosmetics & Fragrance makes up approximately 2.35% of Catalyst Capital Advisors’s portfolio.
Other Hedge Funds, Including , Trexquant Investment Lp added ULTA to its portfolio by purchasing 4,800 company shares during the most recent quarter which is valued at $984,960. Ulta Salon Cosmetics & Fragrance makes up approx 0.12% of Trexquant Investment Lp’s portfolio.Numeric Investors boosted its stake in ULTA in the latest quarter, The investment management firm added 7,100 additional shares and now holds a total of 20,300 shares of Ulta Salon Cosmetics & Fragrance which is valued at $4.2 Million. Ulta Salon Cosmetics & Fragrance makes up approx 0.05% of Numeric Investors’s portfolio.Rhumbline Advisers reduced its stake in ULTA by selling 727 shares or 1.18% in the most recent quarter. The Hedge Fund company now holds 60,689 shares of ULTA which is valued at $12.7 Million. Ulta Salon Cosmetics & Fragrance makes up approx 0.04% of Rhumbline Advisers’s portfolio.Huntington National Bank reduced its stake in ULTA by selling 76 shares or 25.08% in the most recent quarter. The Hedge Fund company now holds 227 shares of ULTA which is valued at $47,280.
Ulta Salon Cosmetics & Fragrance opened for trading at $204.85 and hit $209.09 on the upside on Monday, eventually ending the session at $208.13, with a gain of 1.43% or 2.93 points. The heightened volatility saw the trading volume jump to 4,82,645 shares. Company has a market cap of $13,033 M.
On the company’s financial health, Ulta Salon Cosmetics & Fragrance reported $1.69 EPS for the quarter, beating the analyst consensus estimate by $ 0.15 according to the earnings call on Mar 10, 2016. Analyst had a consensus of $1.54. The company had revenue of $1268.30 million for the quarter, compared to analysts expectations of $1235.18 million. The company’s revenue was up 21.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.35 EPS.
Many Wall Street Analysts have commented on Ulta Salon Cosmetics & Fragrance. Ulta Salon Cosmetics & Fragrance was Downgraded by Raymond James to ” Mkt Perform” on May 9, 2016. Ulta Salon Cosmetics & Fragrance was Initiated by BB&T Capital Mkts to “Hold” on Apr 20, 2016. Company shares were Reiterated by Piper Jaffray on Apr 13, 2016 to “Overweight”, Firm has raised the Price Target to $ 220 from a previous price target of $188 .
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.