<div id="readability-page-1"><p>Financial Partners Group LLC acquired a new position in shares of  Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 468 shares of the specialty retailer's stock, valued at approximately $219,000.</p><ul><li>MarketBeat Week in Review – 09/08 - 09/12</li></ul><p>Several other hedge funds and other institutional investors also recently bought and sold shares of ULTA. Price T Rowe Associates Inc. MD grew its stake in  Ulta Beauty by 128.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,225,023 shares of the specialty retailer's stock worth $449,021,000 after buying an additional 688,267 shares during the last quarter.  GAMMA Investing LLC grew its stake in  Ulta Beauty by 38,770.6% during the 1st quarter. GAMMA Investing LLC now owns 443,513 shares of the specialty retailer's stock worth $162,565,000 after buying an additional 442,372 shares during the last quarter.  JPMorgan Chase &amp; Co. grew its stake in  Ulta Beauty by 81.7% during the 1st quarter. JPMorgan Chase &amp; Co. now owns 913,600 shares of the specialty retailer's stock worth $334,871,000 after buying an additional 410,900 shares during the last quarter.  T. Rowe Price Investment Management Inc. grew its stake in  Ulta Beauty by 64.8% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 931,557 shares of the specialty retailer's stock worth $341,453,000 after buying an additional 366,147 shares during the last quarter.  Finally, Pacer Advisors Inc. grew its stake in  Ulta Beauty by 5,117.0% during the 1st quarter. Pacer Advisors Inc. now owns 220,312 shares of the specialty retailer's stock worth $80,753,000 after buying an additional 216,089 shares during the last quarter. 90.39% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Ulta Beauty Stock Performance</h2><p>NASDAQ:ULTA opened at $552.00 on Friday. The stock's 50-day simple moving average is $519.00 and its 200 day simple moving average is $450.30. The company has a market cap of $24.75 billion, a P/E ratio of 21.17, a P/E/G ratio of 3.04 and a beta of 1.06. Ulta Beauty Inc. has a 52-week low of $309.01 and a 52-week high of $552.45. </p><ul><li>Ulta Beauty Stock: Strong Growth, Short-Term Volatility Ahead</li></ul><p>Ulta Beauty (NASDAQ:ULTA - Get Free Report) last announced its quarterly earnings results on Thursday, August 28th. The specialty retailer reported $5.78 earnings per share for the quarter, topping analysts' consensus estimates of $5.03 by $0.75. The firm had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.66 billion. Ulta Beauty had a return on equity of 48.78% and a net margin of 10.31%.The business's revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $5.30 earnings per share.  As a group, equities analysts predict that  Ulta Beauty Inc. will post 23.96 earnings per share for the current fiscal year. </p><h2>Insider Transactions at Ulta Beauty</h2><p>In other Ulta Beauty news, Director Mike C. Smith sold 500 shares of the company's stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $528.43, for a total transaction of $264,215.00. Following the completion of the sale, the director directly owned 2,263 shares in the company, valued at $1,195,837.09. This represents a 18.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available at the SEC website. 0.17% of the stock is owned by corporate insiders. </p><h2>Analyst Ratings Changes</h2><ul><li>3 Undervalued Stocks Poised to Shine in the Next Market Rally</li></ul><p>ULTA has been the subject of a number of recent research reports. The Goldman Sachs Group upped their price objective on Ulta Beauty from $530.00 to $584.00 and gave the stock a &#34;buy&#34; rating in a research note on Friday, August 29th. Cowen  restated a &#34;hold&#34; rating on shares of Ulta Beauty in a research note on Friday, August 29th. Canaccord Genuity Group  set a $650.00 price objective on Ulta Beauty in a research note on Friday, August 29th. Evercore ISI increased their price target on Ulta Beauty from $595.00 to $640.00 and gave the stock an &#34;outperform&#34; rating in a research note on Friday, August 29th. Finally, UBS Group increased their price target on Ulta Beauty from $640.00 to $680.00 and gave the stock a &#34;buy&#34; rating in a research note on Friday, August 29th. One investment analyst  has rated the stock with a Strong Buy rating, fourteen have assigned  a Buy rating, eleven have issued  a Hold rating and one  has assigned  a Sell rating to the stock. Based on data from MarketBeat.com, the stock  has an average rating of &#34;Moderate Buy&#34; and an average target price of $544.20.</p><p><b>Read Our Latest Research Report on ULTA</b></p><h2>About Ulta Beauty</h2> (Free Report)<p>Ulta Beauty, Inc operates as a specialty beauty retailer in the United States. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.com website, and its mobile applications.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Ulta Beauty</li><li>How to Start Investing in Real Estate</li><li>3 Healthcare Stocks Using AI to Drive Growth</li><li>Growth Investing: Should You Adopt This Investing Strategy in 2022?</li><li>Get Exposure to Millennials' Purchasing Power With This ETF</li><li>How to Invest in Blue Chip Stocks</li><li>Why a $4.5 Billion Smart Debt Move Is Fueling Dell’s AI Ambitions</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VUxUQQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VUxUQQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Ulta Beauty Right Now?</h2><p>Before you consider Ulta Beauty, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ulta Beauty wasn't on the list.</p><p>While Ulta Beauty currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ULTA

<p>Financial Partners Group LLC acquired 468 shares of Ulta Beauty Inc. (NASDAQ:ULTA) valued at approximately $219,000 during the 2nd quarter. Other institutional investors also increased their stakes in Ulta Beauty, with significant growth reported by Price T Rowe Associates and GAMMA Investing. Ulta Beauty's stock performance shows a market cap of $24.75 billion, with a recent earnings report exceeding analyst expectations. Analyst ratings have been positive, with several firms raising their price targets for the stock.</p>

468 Shares in Ulta Beauty Inc. $ULTA Acquired by Financial Partners Group LLC