Ulta Salon Cosmetic (NASDAQ:ULTA).
Agf Investments Inc. reports that it decreased its stake in Ulta Salon Cosmetic shares by 947 shares as reported in a filing on 11/15/2017. Its position was worth $29,281,000 a decrease of $8,219,000 according to the filing.
Several firms have shifted positions in (ULTA). Commonwealth Of Pennsylvania Public School Empls Retrmt SYS augmented its position by buying 414 shares an increase of 9.6% in the quarter. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS claims 4,746 shares worth $1,073,000. The value of the position overall is down by 13.8%. Baird Financial Group, Inc. grew its holdings by buying 5,422 shares an increase of 34.8% as of 09/30/2017. Baird Financial Group, Inc. currently owns 21,021 shares with a value of $4,752,000. The total value of its holdings increased 6.0%.
Raymond James & Associates downsized its stake by selling 9,679 shares a decrease of 13.1% from 06/30/2017 to 09/30/2017. Raymond James & Associates now holds 64,350 shares valued at $14,547,000. The total value of its holdings decreased 31.6%.
November 2 investment analysts at BMO Capital Markets left the company rating at “Hold” targeting a price of $235.00. On October 30 analysts at Royal Bank Of Canada updated its forecast on ULTA stating a rating of “Hold” and a price target of $250.00.
Equity analyst Robert W. Baird released research on ULTA with a rating of “Buy” and price target of $265.00. Cowen and Company released a research note on ULTA and giving a rating of “Buy” and establishing a price target of $336.00.
Equity analyst Oppenheimer Holdings lowered the price target on October 17 changing the price objective from $250.00 to $210.00 and issued a “Hold” rating.
In the market the company is trading up since yesterday’s close of 199.05. The most current P/E ratio is 26.64 and the market value is 12.30B. In the last earnings report the EPS was $7.52 with 61.64M shares presently outstanding.
Investors are feeling more bearish on shares of the company lately if you take a look at the change in short interest. The company recorded a rise in short interest from September 29, 2017 to October 13, 2017 of 7.87%. Short shares grew 225,191 over that period. Days to cover decreased -1.0 to 2.0 and the percentage of shorted shares was 0.05% on October 13.