Hillhouse Capital Management LTD Continues to Hold Holding in Yy (YY); Ulta Beauty (ULTA) Shareholder Shellback Capital LP Has Trimmed Its Holding by $3.42 Million

February 15, 2018 - By William Brooks

Shellback Capital Lp decreased its stake in Ulta Beauty Inc (ULTA) by 45.64% based on its latest 2017Q3 regulatory filing with the SEC. Shellback Capital Lp sold 15,114 shares as the company’s stock rose 6.88% with the market. The institutional investor held 18,000 shares of the 2007 company at the end of 2017Q3, valued at $4.07M, down from 33,114 at the end of the previous reported quarter. Shellback Capital Lp who had been investing in Ulta Beauty Inc for a number of months, seems to be less bullish one the $12.61 billion market cap company. The stock decreased 0.01% or $0.03 during the last trading session, reaching $206.76. About 1.30 million 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.

Lei Zhang increased its stake in Yy Inc (YY) by 51.78% based on its latest 2017Q3 regulatory filing with the SEC. Hillhouse Capital Management Ltd bought 183,849 shares as the company’s stock rose 11.20% with the market. The hedge fund run by Lei Zhang held 538,906 shares of the edp services company at the end of 2017Q3, valued at $46.77 million, up from 355,057 at the end of the previous reported quarter. Hillhouse Capital Management Ltd who had been investing in Yy Inc for a number of months, seems to be bullish on the $8.12B market cap company. The stock increased 8.63% or $10.24 during the last trading session, reaching $128.86. About 1.73 million shares traded or 16.68% up from the average. YY Inc. (NASDAQ:YY) has risen 20.20% since February 15, 2017 and is uptrending. It has outperformed by 3.50% the S&P500.

Investors sentiment decreased to 0.85 in 2017 Q3. Its down 0.20, from 1.05 in 2017Q2. It worsened, 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. Cibc Mkts reported 13,652 shares or 0.03% of all its holdings. Cetera Advisor Network Ltd Llc, a California-based fund reported 1,193 shares. Artisan Partners Ltd Partnership holds 0.25% or 591,172 shares in its portfolio. Virtus Investment Advisers reported 1,215 shares. 80,479 are owned by Oak Ridge Invests Limited Liability Company. Prelude Capital Mngmt Ltd Liability Co invested in 0.03% or 1,672 shares. Louisiana State Employees Retirement Systems reported 0.04% stake. Fishman Jay A Mi accumulated 0.05% or 1,100 shares. Glob has invested 0.01% of its portfolio in Ulta Beauty, Inc. (NASDAQ:ULTA). Navellier & Assoc Inc reported 2,053 shares stake. Art Advsrs holds 0.04% or 3,700 shares. Agf reported 129,529 shares stake. Usca Ria Llc invested in 0.06% or 1,546 shares. Westpac Corporation has invested 0.02% of its portfolio in Ulta Beauty, Inc. (NASDAQ:ULTA). Foundry Prns Lc has 0.02% invested in Ulta Beauty, Inc. (NASDAQ:ULTA).

Shellback Capital Lp, which manages about $423.03 million and $1.11B US Long portfolio, upped its stake in Canada Goose Holdings Inc by 325,000 shares to 940,000 shares, valued at $19.32 million in 2017Q3, according to the filing. It also increased its holding in Burlington Stores Inc (NYSE:BURL) by 20,000 shares in the quarter, for a total of 350,000 shares, and has risen its stake in Dollar Tree Inc (NASDAQ:DLTR).

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. The stock has “Perform” rating by Oppenheimer on Monday, July 31. Jefferies maintained Ulta Beauty, Inc. (NASDAQ:ULTA) rating on Wednesday, May 31. Jefferies has “Hold” rating and $26600 target. On Tuesday, June 6 the stock rating was maintained by Stifel Nicolaus with “Hold”. The stock of Ulta Beauty, Inc. (NASDAQ:ULTA) has “Hold” rating given on Friday, August 28 by Deutsche Bank. On Friday, September 29 the stock rating was maintained by Robert W. Baird with “Buy”. Piper Jaffray maintained the shares of ULTA in report on Friday, September 29 with “Buy” rating. On Tuesday, October 3 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. On Friday, August 26 the stock rating was maintained by Nomura with “Buy”. The firm earned “Hold” rating on Wednesday, April 20 by BB&T Capital. RBC Capital Markets maintained the stock with “Hold” rating in Tuesday, September 26 report.

Analysts await Ulta Beauty, Inc. (NASDAQ:ULTA) to report earnings on March, 8. They expect $2.77 earnings per share, 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 earnings per share reported by Ulta Beauty, Inc. for the previous quarter, Wall Street now forecasts 62.94% EPS growth.

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

Hillhouse Capital Management Ltd, which manages about $11.07B and $6.05 billion US Long portfolio, decreased its stake in Priceline Grp Inc (NASDAQ:PCLN) by 142,790 shares to 112,342 shares, valued at $205.68 million in 2017Q3, according to the filing.

Among 10 analysts covering YY Inc (NASDAQ:YY), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. YY Inc had 20 analyst reports since August 17, 2015 according to SRatingsIntel. The stock has “Buy” rating by Instinet on Thursday, January 18. The rating was downgraded by Pacific Crest on Monday, August 17 to “Sector Weight”. The firm has “Overweight” rating by JP Morgan given on Wednesday, August 31. Bank of America initiated YY Inc. (NASDAQ:YY) rating on Monday, November 28. Bank of America has “Buy” rating and $60 target. The stock of YY Inc. (NASDAQ:YY) earned “Buy” rating by HSBC on Monday, October 31. Nomura upgraded the stock to “Buy” rating in Wednesday, January 17 report. The firm has “Hold” rating by Jefferies given on Monday, July 17. On Monday, August 14 the stock rating was maintained by Jefferies with “Hold”. The stock has “Buy” rating by J.P. Morgan on Thursday, November 16. Piper Jaffray maintained it with “Overweight” rating and $88 target in Friday, August 14 report.

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By1 William Brooks

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