Goldman Sachs Upgrades Rating On Ulta Beauty, Inc. (ULTA) To "Conviction Buy"

Analyst Sees Opportunity To Buy The Dip In Ulta Beauty Adds To Conviction List
Gavekal Capital Raised By $741110 Its Dover (DOV) Holding; Lone Pine Capital Lowered By $292.87 Million Its Ulta
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15 July, 2017

Liberty Capital Management Inc. now owns 8,117 shares of the specialty retailer's stock worth $2,315,000 after buying an additional 806 shares during the last quarter. The firm owned 1,506 shares of the specialty retailer's stock after buying an additional 520 shares during the period. About 100 shares traded.

Traders are a little more bearish on shares of Ulta Beauty, Inc. of late if you pay attention to the uptick in short interest. It has outperformed by 24.76% the S&P500. Cleararc Capital Inc. raised its stake in Ulta Beauty by 1.9% in the first quarter. Catalyst Capital Advsrs Limited Company accumulated 0.41% or 25,350 shares. Perhaps, that suggests something about why 83.27% of the outstanding share supply is held by institutional investors. It is 0.00% or $0 reaching $0 per share. American States Water Co (AWR) has risen 17.06% since July 14, 2016 and is uptrending. It has underperformed by 12.25% the S&P500.

Among 10 analysts covering Valspar (NYSE:VAL), 0 have Buy rating, 0 Sell and 10 Hold. Therefore 48% are positive. Ulta Salon Cosmetics & Fragrance Inc has $350 highest and $155 lowest target. Finally, Deutsche Bank AG restated a "hold" rating and set a $300.00 price objective on shares of Ulta Beauty in a report on Monday, June 26th. Moreover, Goldman thinks the company won't be impacted by Amazon.com Inc. On Friday, May 27 the stock rating was maintained by JP Morgan with "Overweight". The stock has "Conviction Buy" rating by Goldman Sachs on Friday, July 14. The stock of Sempra Energy (NYSE:SRE) earned "Hold" rating by BMO Capital Markets on Thursday, May 11. Buckingham Research cut shares of Ulta Beauty from a "buy" rating to a "neutral" rating and lifted their price objective for the company from $325.00 to $330.00 in a research report on Friday, May 26th. The firm has "Buy" rating given on Friday, May 26 by Oppenheimer. Eck Dennis K also sold $9.39 million worth of Ulta Beauty Inc (NASDAQ:ULTA) on Monday, June 5. RBC Capital Markets upgraded it to "Sector Perform" rating and $113 target in Monday, March 21 report. $290.71's average target is 10.67% above currents $262.67 stock price. Its up 0.03, from 1.03 in 2016Q3.

Several equities research analysts have recently issued reports on ULTA shares. Ing Groep Nv reported 15,604 shares. Dsam Prtnrs (London) Limited accumulated 82,649 shares. Bluecrest Mngmt holds 5,600 shares or 0.01% of its portfolio. Chevy Chase Trust Holdings Inc. increased its position in Ulta Beauty by 3.2% in the first quarter. Pax Ww Mgmt Ltd Liability has 2,820 shares for 0.04% of their portfolio. The Colorado-based Icon Advisers Co has invested 0.05% in Ulta Beauty Inc (NASDAQ:ULTA). The firm has "Outperform" rating by Telsey Advisory Group given on Friday, October 14. Markston Limited Co holds 0.24% or 24,320 shares in its portfolio. Laffer Invs has 0% invested in Sempra Energy (NYSE:SRE) for 19,380 shares. The total value of its holdings increased 0.5%. Commonwealth Equity Svcs Incorporated holds 0.01% of its portfolio in Ulta Beauty Inc (NASDAQ:ULTA) for 3,328 shares.

Atria Investments LLC boosted its position in Ulta Beauty Inc. Pinebridge L P owns 64 shares. Copper Rock Capital Partners LLC increased its stake in Ulta Beauty by 316.8% in the second quarter. Marshall Wace Ltd Liability Partnership owns 351,924 shares.

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Since March 14, 2017, it had 0 insider purchases, and 12 insider sales for $58.71 million activity. Zurcher Kantonalbank (Zurich Cantonalbank) has 14,513 shares. (NASDAQ:ULTA). Catherine Ann Halligan, Director disclosed the sale of 500 shares of ULTA stock. The stock was sold at an average price of $309.05, for a total value of $6,181,000.00. $9.71 million worth of Ulta Beauty Inc (NASDAQ:ULTA) was sold by Dillon Mary. Summit Securities Group Llc who had been investing in Ulta Salon Cosmetcs And Frag I for a number of months, seems to be less bullish one the $15.97B market cap company. Another trade for 4,167 shares valued at $1.20 million was sold by Nagler Lorna. The Company offers approximately 20,000 products from over 500 beauty brands across all categories, including the Company's own private label. 11,519 shares were sold by Settersten Scott M, worth $3.26 million.


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