Bayesian Capital Management Lp buys $1,397,232 stake in Ulta Salon Cosmetics & Fragrance (ULTA)

Ulta Salon Cosmetics & Fragrance (ULTA) : Bayesian Capital Management Lp scooped up 1,800 additional shares in Ulta Salon Cosmetics & Fragrance during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 5,237 shares of Ulta Salon Cosmetics & Fragrance which is valued at $1,397,232.Ulta Salon Cosmetics & Fragrance makes up approximately 0.78% of Bayesian Capital Management Lp’s portfolio.

Other Hedge Funds, Including , Proshare Advisors boosted its stake in ULTA in the latest quarter, The investment management firm added 9,094 additional shares and now holds a total of 28,513 shares of Ulta Salon Cosmetics & Fragrance which is valued at $7,607,268. Ulta Salon Cosmetics & Fragrance makes up approx 0.09% of Proshare Advisors’s portfolio. Cipher Capital Lp sold out all of its stake in ULTA during the most recent quarter. The investment firm sold 19,636 shares of ULTA which is valued $5,238,885. Retirement Systems Of Alabama added ULTA to its portfolio by purchasing 31,841 company shares during the most recent quarter which is valued at $8,206,381. Ulta Salon Cosmetics & Fragrance makes up approx 0.05% of Retirement Systems Of Alabama’s portfolio.Simplex Trading boosted its stake in ULTA in the latest quarter, The investment management firm added 4,077 additional shares and now holds a total of 11,187 shares of Ulta Salon Cosmetics & Fragrance which is valued at $2,861,635. Ulta Salon Cosmetics & Fragrance makes up approx 0.36% of Simplex Trading’s portfolio.

Ulta Salon Cosmetics & Fragrance closed down -0.76 points or -0.30% at $254.09 with 12,51,393 shares getting traded on Monday. Post opening the session at $254.6, the shares hit an intraday low of $252.5 and an intraday high of $256.52 and the price fluctuated in this range throughout the day.Shares ended Monday 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.

Leave a Reply

Ulta Salon Cosmetics & Fragrance - Is it time to Sell?

Top Brokerage Firms are advising their investors on Ulta Salon Cosmetics & Fragrance. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.