Ashford Capital Management Has Trimmed Its Ulta Salon Cosmetics And Fragrance (ULTA) Position as Stock Price Rose; Beacon Financial Group Trimmed Its Position in Diageo Plc (DEO) by $1.03 Million as Shares Rose

February 15, 2018 - By Hazel Jackson

Ashford Capital Management Inc decreased its stake in Ulta Salon Cosmetics And Fragrance Inc. (ULTA) by 56.3% based on its latest 2017Q3 regulatory filing with the SEC. Ashford Capital Management Inc sold 1,367 shares as the company’s stock rose 6.88% with the market. The hedge fund held 1,061 shares of the 2007 company at the end of 2017Q3, valued at $240,000, down from 2,428 at the end of the previous reported quarter. Ashford Capital Management Inc who had been investing in Ulta Salon Cosmetics And Fragrance Inc. for a number of months, seems to be less bullish one the $12.61B market cap company. The stock decreased 0.01% or $0.03 during the last trading session, reaching $206.76. About 1.30M shares traded. Ulta Beauty, Inc. (NASDAQ:ULTA) has risen 41.46% since February 15, 2017 and is uptrending. It has outperformed by 24.76% the S&P500.

Beacon Financial Group decreased its stake in Diageo Plc (DEO) by 38.58% based on its latest 2017Q3 regulatory filing with the SEC. Beacon Financial Group sold 7,787 shares as the company’s stock rose 5.26% with the market. The institutional investor held 12,399 shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $1.64 million, down from 20,186 at the end of the previous reported quarter. Beacon Financial Group who had been investing in Diageo Plc for a number of months, seems to be less bullish one the $80.26 billion market cap company. The stock increased 1.07% or $1.47 during the last trading session, reaching $138.54. About 520,436 shares traded or 22.53% up from the average. Diageo plc (NYSE:DEO) has risen 12.82% since February 15, 2017 and is uptrending. It has underperformed by 3.88% the S&P500.

Ashford Capital Management Inc, which manages about $593.71M and $621.21M US Long portfolio, upped its stake in State National Companies Inc. (NASDAQ:SNC) by 31,730 shares to 451,217 shares, valued at $9.47M in 2017Q3, according to the filing. It also increased its holding in Viasat Inc. (NASDAQ:VSAT) by 7,039 shares in the quarter, for a total of 276,002 shares, and has risen its stake in Meta Financial Group Inc (NASDAQ:CASH).

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

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. As per Friday, August 28, the company rating was maintained by Deutsche Bank. BMO Capital Markets maintained Ulta Beauty, Inc. (NASDAQ:ULTA) rating on Wednesday, July 19. BMO Capital Markets has “Buy” rating and $34500 target. On Tuesday, July 11 the stock rating was maintained by Oppenheimer with “Buy”. The firm has “Buy” rating by Jefferies given on Tuesday, September 26. Telsey Advisory Group maintained the shares of ULTA in report on Monday, August 24 with “Outperform” rating. Deutsche Bank maintained the shares of ULTA in report on Friday, December 4 with “Hold” rating. The company was maintained on Wednesday, August 24 by Robert W. Baird. The rating was maintained by Oppenheimer on Monday, July 17 with “Buy”. The rating was maintained by Oppenheimer with “Buy” on Friday, May 26. The firm earned “Buy” rating on Friday, January 26 by J.P. Morgan.

Investors sentiment decreased to 0.85 in 2017 Q3. Its down 0.20, from 1.05 in 2017Q2. It dropped, 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. First Mercantile Trust Company holds 1,900 shares. 77,360 were accumulated by State Of Wisconsin Investment Board. Rainier Investment Mgmt Ltd Llc owns 11,790 shares for 0.63% of their portfolio. Nationwide Fund Advisors owns 33,913 shares. Manufacturers Life Insurance The has invested 0.02% in Ulta Beauty, Inc. (NASDAQ:ULTA). Cornerstone Cap Limited Liability Co holds 10,001 shares or 0.02% of its portfolio. Nippon Life Ins accumulated 6,287 shares. 4,287 were accumulated by Magnetar Fincl. Bp Public Ltd, United Kingdom-based fund reported 7,500 shares. Bnp Paribas Arbitrage has 0.03% invested in Ulta Beauty, Inc. (NASDAQ:ULTA). Westwood Management Il has 130,575 shares for 4.41% of their portfolio. Balyasny Asset Management Ltd Liability Corporation accumulated 0.2% or 229,919 shares. Panagora Asset Incorporated owns 3,509 shares. Sei Investments holds 0.03% or 41,827 shares. Nomura Asset Management Ltd has invested 0.32% of its portfolio in Ulta Beauty, Inc. (NASDAQ:ULTA).

Analysts await Ulta Beauty, Inc. (NASDAQ:ULTA) to report earnings on March, 8. They expect $2.77 EPS, up 23.66% or $0.53 from last year’s $2.24 per share. ULTA’s profit will be $168.95 million for 18.66 P/E if the $2.77 EPS becomes a reality. After $1.70 actual EPS reported by Ulta Beauty, Inc. for the previous quarter, Wall Street now forecasts 62.94% EPS growth.

Beacon Financial Group, which manages about $554.06 million US Long portfolio, upped its stake in Ishares (CSJ) by 5,049 shares to 102,013 shares, valued at $10.75M in 2017Q3, according to the filing. It also increased its holding in Intel Corp (NASDAQ:INTC) by 12,571 shares in the quarter, for a total of 44,367 shares, and has risen its stake in Altria Group Inc (NYSE:MO).

Among 26 analysts covering Diageo (NYSE:DEO), 16 have Buy rating, 3 Sell and 7 Hold. Therefore 62% are positive. Diageo had 42 analyst reports since July 31, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Wednesday, September 23 by Shore Capital. On Friday, March 31 the stock rating was downgraded by Goldman Sachs to “Sell”. Beaufort Securities maintained Diageo plc (NYSE:DEO) on Thursday, September 24 with “Buy” rating. Jefferies maintained the stock with “Buy” rating in Tuesday, October 31 report. The firm has “Buy” rating given on Thursday, September 28 by Jefferies. The stock of Diageo plc (NYSE:DEO) has “Hold” rating given on Monday, June 27 by Societe Generale. The rating was initiated by Sterne Agee CRT with “Buy” on Tuesday, July 21. The firm has “Buy” rating by HSBC given on Wednesday, October 26. On Friday, July 31 the stock rating was maintained by Barclays Capital with “Overweight”. UBS upgraded Diageo plc (NYSE:DEO) on Thursday, October 1 to “Buy” rating.

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