Riverpark Capital Management LLC Raised Ulta Beauty INC (ULTA) Holding by $9.01 Million

May 18, 2018 - By Matt Thomas

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. Sg Americas Securities Limited Liability holds 0% or 1,774 shares in its portfolio. Clearbridge Limited Liability Company invested in 275 shares or 0% of the stock. Utah Retirement Systems holds 10,792 shares or 0.05% of its portfolio. First Mercantile Tru Co has 0.05% invested in Ulta Beauty, Inc. (NASDAQ:ULTA) for 1,200 shares. Pictet Asset stated it has 0.02% of its portfolio in Ulta Beauty, Inc. (NASDAQ:ULTA). Boothbay Fund Mngmt Ltd Limited Liability Company holds 0.03% in Ulta Beauty, Inc. (NASDAQ:ULTA) or 1,000 shares. Icon Advisers Incorporated Company invested 0.27% in Ulta Beauty, Inc. (NASDAQ:ULTA). Captrust Financial Advsrs has 682 shares. 13,958 were reported by Asset Mgmt Inc. State Of Wisconsin Board reported 75,404 shares stake. Curbstone Finance Mngmt Corporation owns 0.35% invested in Ulta Beauty, Inc. (NASDAQ:ULTA) for 2,840 shares. Jump Trading Llc invested 0.01% of its portfolio in Ulta Beauty, Inc. (NASDAQ:ULTA). Bender Robert & Associates reported 29,721 shares stake. Segall Bryant And Hamill Ltd stated it has 0.01% in Ulta Beauty, Inc. (NASDAQ:ULTA). Fiera Cap Corporation has 1,515 shares for 0% of their portfolio.

Since April 5, 2018, it had 0 insider buys, and 4 selling transactions for $12.53 million activity. The insider Eck Dennis K sold $3.70 million. $3.37 million worth of Ulta Beauty, Inc. (NASDAQ:ULTA) was sold by Dillon Mary N on Thursday, April 5.

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 $19.43M, 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 $15.59 billion 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 Facebook Inc (NASDAQ:FB) by 41,178 shares to 180,505 shares, valued at $31.85 million in 2017Q4, according to the filing. It also reduced its holding in Priceline Grp Inc (NASDAQ:PCLN) by 1,866 shares in the quarter, leaving it with 10,651 shares, and cut its stake in Apple Inc (NASDAQ:AAPL).

More notable recent Ulta Beauty, Inc. (NASDAQ:ULTA) news were published by: Benzinga.com which released: “Ulta, Valero, And 3 Other Stocks Showing Signs Of More Upside This Week” on May 08, 2018, also Businesswire.com with their article: “Ulta Beauty Announces Earnings Release Date, Conference Call and Webcast for First Quarter 2018 Results” published on May 17, 2018, Seekingalpha.com published: “Ulta: An Analysis” on May 07, 2018. More interesting news about Ulta Beauty, Inc. (NASDAQ:ULTA) were released by: Streetinsider.com and their article: “UPDATE: UBS Starts ULTA Salon (ULTA) at Buy” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “Death Of Retail Is Premature” with publication date: May 16, 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. BMO Capital Markets maintained the stock with “Hold” rating in Thursday, November 30 report. The rating was upgraded by Buckingham Research to “Buy” on Tuesday, December 19. The rating was maintained by Buckingham Research with “Buy” on Tuesday, January 23. Wells Fargo maintained it with “Buy” rating and $297.0 target in Thursday, January 11 report. The firm earned “Hold” rating on Friday, December 1 by Stifel Nicolaus. The firm earned “Overweight” rating on Friday, March 16 by KeyBanc Capital Markets. The company was upgraded on Tuesday, May 15 by Oppenheimer. The rating was maintained by Buckingham Research on Monday, March 12 with “Buy”. The rating was downgraded by Loop Capital on Wednesday, May 2 to “Hold”. The company was upgraded on Monday, April 16 by Guggenheim.

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

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