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Redwood Investment Management Adds New Stake in Ulta Beauty

ULTA Beauty logoULTA Beauty
Sig1.60Sen+1.20Env0.00Soc0.00Gov0.00

Redwood Investment Management LLC acquired 2,607 shares of Ulta Beauty worth about $1.18 million, while Norges Bank purchased a new stake in the fourth quarter valued at about $430.96 million. Analysts expect Ulta’s fiscal second-quarter comparable-sales growth to beat expectations. Citigroup and JPMorgan adjusted their price targets, with the stock up about 1.1%.

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