Ulta Beauty INC (ULTA) Position Maintained by Riverpark Capital Management Llc

May 18, 2018 - By Darrin Black

Ulta Beauty, Inc. (NASDAQ:ULTA) LogoInvestors sentiment increased to 0.95 in Q4 2017. Its up 0.10, from 0.85 in 2017Q3. It is positive, as 88 investors sold ULTA shares while 156 reduced holdings. 87 funds opened positions while 144 raised stakes. 53.45 million shares or 1.83% more from 52.49 million shares in 2017Q3 were reported. Rampart Management Llc reported 0.07% stake. Sigma Inv Counselors invested in 11,137 shares or 0.34% of the stock. Blue Ridge Limited Liability Company stated it has 1.43% in Ulta Beauty, Inc. (NASDAQ:ULTA). Columbia Wanger Asset Lc owns 94,556 shares. Comerica Bank & Trust owns 33,698 shares for 0.05% of their portfolio. 51,000 were accumulated by Eulav Asset Mngmt. Private Wealth Prns Limited Liability Company reported 0.22% of its portfolio in Ulta Beauty, Inc. (NASDAQ:ULTA). Blackrock owns 0.05% invested in Ulta Beauty, Inc. (NASDAQ:ULTA) for 5.16M shares. Tiaa Cref Inv Mgmt Ltd Company owns 0.09% invested in Ulta Beauty, Inc. (NASDAQ:ULTA) for 591,905 shares. First Fin Corporation In owns 184 shares. Old Mutual Glob Investors (Uk) Ltd has 440,869 shares for 0.91% of their portfolio. Moreover, Sumitomo Mitsui Asset Mgmt Company has 0.08% invested in Ulta Beauty, Inc. (NASDAQ:ULTA) for 25,084 shares. Motco holds 0% or 18 shares in its portfolio. M&T Retail Bank Corp owns 25,881 shares for 0.03% of their portfolio. State Of Tennessee Treasury Department has invested 0.05% in Ulta Beauty, Inc. (NASDAQ:ULTA).

Since April 5, 2018, it had 0 buys, and 4 selling transactions for $12.53 million activity. Another trade for 16,286 shares valued at $3.37M was made by Dillon Mary N on Thursday, April 5. Nagler Lorna sold $685,057 worth of stock or 3,000 shares.

Riverpark Capital Management Llc increased its stake in Ulta Beauty Inc (ULTA) by 86.86% based on its latest 2017Q4 regulatory filing with the SEC. Riverpark Capital Management Llc bought 40,386 shares as the company’s stock declined 9.44% with the market. The institutional investor held 86,882 shares of the 2007 company at the end of 2017Q4, valued at $19.43 million, up from 46,496 at the end of the previous reported quarter. Riverpark Capital Management Llc who had been investing in Ulta Beauty Inc for a number of months, seems to be bullish on the $15.59B market cap company. The stock increased 2.21% or $5.58 during the last trading session, reaching $257.6. About 757,368 shares traded. Ulta Beauty, Inc. (NASDAQ:ULTA) has declined 26.85% since May 18, 2017 and is downtrending. It has underperformed by 38.40% the S&P500.

Riverpark Capital Management Llc, which manages about $73.36 million and $696.06 million US Long portfolio, decreased its stake in Alphabet Inc by 4,922 shares to 15,542 shares, valued at $16.37 million in 2017Q4, according to the filing. It also reduced its holding in Apple Inc (NASDAQ:AAPL) by 38,939 shares in the quarter, leaving it with 136,111 shares, and cut its stake in Alliance Data Systems Corp (NYSE:ADS).

More notable recent Ulta Beauty, Inc. (NASDAQ:ULTA) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For May 15, 2018” on May 15, 2018, also Streetinsider.com with their article: “UPDATE: UBS Starts ULTA Salon (ULTA) at Buy” published on May 16, 2018, Benzinga.com published: “Ulta’s Valuation Pushes This Bull To The Sidelines” on May 02, 2018. More interesting news about Ulta Beauty, Inc. (NASDAQ:ULTA) were released by: Businesswire.com and their article: “Ulta Beauty Announces Earnings Release Date, Conference Call and Webcast for First Quarter 2018 Results” published on May 17, 2018 as well as Streetinsider.com‘s news article titled: “UPDATE: Ulta Salon (ULTA) Is a Best Idea at Guggenheim” with publication date: May 17, 2018.

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

Among 18 analysts covering Ulta Salon (NASDAQ:ULTA), 11 have Buy rating, 0 Sell and 7 Hold. Therefore 61% are positive. Ulta Salon had 31 analyst reports since November 21, 2017 according to SRatingsIntel. The stock has “Hold” rating by Stifel Nicolaus on Friday, December 1. The rating was maintained by Loop Capital on Friday, March 16 with “Buy”. Buckingham Research maintained Ulta Beauty, Inc. (NASDAQ:ULTA) rating on Monday, March 12. Buckingham Research has “Buy” rating and $270 target. The stock has “Overweight” rating by Morgan Stanley on Friday, March 16. As per Thursday, March 15, the company rating was maintained by Piper Jaffray. The firm has “Buy” rating by Piper Jaffray given on Tuesday, April 10. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, March 15 report. Wells Fargo maintained the stock with “Buy” rating in Friday, March 16 report. The stock of Ulta Beauty, Inc. (NASDAQ:ULTA) has “Outperform” rating given on Wednesday, January 3 by Wells Fargo. JP Morgan maintained Ulta Beauty, Inc. (NASDAQ:ULTA) rating on Friday, March 16. JP Morgan has “Overweight” rating and $282 target.

Ulta Beauty, Inc. (NASDAQ:ULTA) Institutional Positions Chart

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