Nexus Investment Management Has Boosted Position in Pra Group (PRAA) by $978,600 as Market Valuation Declined; Ulta Beauty (ULTA) Holder Jaffetilchin Investment Partners Lowered Its Stake as Stock Rose

February 24, 2018 - By Hazel Jackson

Jaffetilchin Investment Partners Llc decreased its stake in Ulta Beauty Inc (ULTA) by 70.1% based on its latest 2017Q3 regulatory filing with the SEC. Jaffetilchin Investment Partners Llc sold 2,112 shares as the company’s stock rose 6.88% with the market. The institutional investor held 901 shares of the 2007 company at the end of 2017Q3, valued at $204,000, down from 3,013 at the end of the previous reported quarter. Jaffetilchin Investment Partners Llc who had been investing in Ulta Beauty Inc for a number of months, seems to be less bullish one the $12.63B market cap company. The stock increased 1.50% or $3.06 during the last trading session, reaching $207.11. About 852,282 shares traded. Ulta Beauty, Inc. (NASDAQ:ULTA) has risen 41.46% since February 24, 2017 and is uptrending. It has outperformed by 24.76% the S&P500.

Nexus Investment Management Inc increased its stake in Pra Group Inc (PRAA) by 8.06% based on its latest 2017Q3 regulatory filing with the SEC. Nexus Investment Management Inc bought 34,950 shares as the company’s stock declined 12.34% while stock markets rallied. The institutional investor held 468,450 shares of the finance company at the end of 2017Q3, valued at $13.42 million, up from 433,500 at the end of the previous reported quarter. Nexus Investment Management Inc who had been investing in Pra Group Inc for a number of months, seems to be bullish on the $1.60 billion market cap company. The stock decreased 0.98% or $0.35 during the last trading session, reaching $35.45. About 210,239 shares traded. PRA Group, Inc. (NASDAQ:PRAA) has risen 44.62% since February 24, 2017 and is uptrending. It has outperformed by 27.92% the S&P500.

Among 28 analysts covering Ulta Salon Cosmetics & Fragrance Inc (NASDAQ:ULTA), 16 have Buy rating, 0 Sell and 12 Hold. Therefore 57% are positive. Ulta Salon Cosmetics & Fragrance Inc had 110 analyst reports since July 21, 2015 according to SRatingsIntel. Nomura maintained Ulta Beauty, Inc. (NASDAQ:ULTA) rating on Friday, March 11. Nomura has “Buy” rating and $189 target. The company was maintained on Friday, March 11 by Deutsche Bank. Raymond James upgraded the stock to “Strong Buy” rating in Thursday, February 11 report. The firm earned “Hold” rating on Friday, May 26 by Stifel Nicolaus. KeyBanc Capital Markets maintained Ulta Beauty, Inc. (NASDAQ:ULTA) rating on Tuesday, October 3. KeyBanc Capital Markets has “Buy” rating and $270.0 target. The rating was maintained by RBC Capital Markets with “Hold” on Tuesday, September 26. RBC Capital Markets maintained the shares of ULTA in report on Friday, December 4 with “Sector Perform” rating. The firm has “Hold” rating by BB&T Capital given on Wednesday, April 20. On Friday, March 11 the stock rating was maintained by JP Morgan with “Overweight”. The firm has “Hold” rating given on Friday, May 27 by Jefferies.

Jaffetilchin Investment Partners Llc, which manages about $401.38 million and $424.32M US Long portfolio, upped its stake in Nextera Energy Inc (NYSE:NEE) by 4,430 shares to 6,657 shares, valued at $976,000 in 2017Q3, according to the filing. It also increased its holding in Davis Fundamental Etf Tr by 40,548 shares in the quarter, for a total of 57,411 shares, and has risen its stake in Opko Health Inc (NYSE:OPK).

Since October 12, 2017, it had 1 buy, and 0 insider sales for $24.97 million activity.

Investors sentiment decreased to 0.85 in Q3 2017. Its down 0.20, from 1.05 in 2017Q2. It is negative, as 102 investors sold ULTA shares while 170 reduced holdings. 68 funds opened positions while 163 raised stakes. 52.49 million shares or 1.02% less from 53.03 million shares in 2017Q2 were reported. Moreover, Fund Sa has 0.5% invested in Ulta Beauty, Inc. (NASDAQ:ULTA) for 304,779 shares. Boston Private Wealth has 0.04% invested in Ulta Beauty, Inc. (NASDAQ:ULTA). Qci Asset New York reported 20 shares stake. Axa owns 29,906 shares or 0.03% of their US portfolio. Raymond James Services Advisors reported 8,704 shares stake. Tru Company Of Vermont owns 88 shares. Barclays Public Lc reported 240,154 shares. Sweden-based Nordea Investment Ab has invested 0.01% in Ulta Beauty, Inc. (NASDAQ:ULTA). The Massachusetts-based Shellback Cap Ltd Partnership has invested 0.37% in Ulta Beauty, Inc. (NASDAQ:ULTA). Voloridge Investment Mngmt Ltd Co invested in 179,964 shares. Meiji Yasuda Life Insur Company invested 0.11% in Ulta Beauty, Inc. (NASDAQ:ULTA). Employees Retirement Of Texas, Texas-based fund reported 20,700 shares. Segall Bryant Hamill Ltd Liability Corp has 1,394 shares. Jaffetilchin Investment Ltd Company holds 0.05% of its portfolio in Ulta Beauty, Inc. (NASDAQ:ULTA) for 901 shares. L S Inc has invested 0.16% in Ulta Beauty, Inc. (NASDAQ:ULTA).

Analysts await Ulta Beauty, Inc. (NASDAQ:ULTA) to report earnings on March, 15 after the close. They expect $2.78 EPS, up 24.11% or $0.54 from last year’s $2.24 per share. ULTA’s profit will be $169.56 million for 18.63 P/E if the $2.78 EPS becomes a reality. After $1.70 actual EPS reported by Ulta Beauty, Inc. for the previous quarter, Wall Street now forecasts 63.53% EPS growth.

Since December 29, 2017, it had 0 insider purchases, and 1 sale for $66,064 activity.

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