Ulta Beauty, Inc. (ULTA) Forms $205.92 Double Bottom; Luminus Management Has Cut Marathon Pete (MPC) Holding By $1.40 Million

Ulta Beauty, Inc. (ULTA) formed double bottom with $199.74 target or 3.00% below today’s $205.92 share price. Ulta Beauty, Inc. (ULTA) has $12.56 billion valuation. The stock decreased 0.30% or $0.62 during the last trading session, reaching $205.92. About 1.06 million shares traded. Ulta Beauty, Inc. (NASDAQ:ULTA) has risen 41.46% since March 11, 2017 and is uptrending. It has outperformed by 24.76% the S&P500.

Luminus Management Llc decreased Marathon Pete Corp (MPC) stake by 20.83% reported in 2017Q3 SEC filing. Luminus Management Llc sold 25,000 shares as Marathon Pete Corp (MPC)’s stock rose 5.52%. The Luminus Management Llc holds 95,000 shares with $5.33M value, down from 120,000 last quarter. Marathon Pete Corp now has $33.31B valuation. The stock increased 1.72% or $1.19 during the last trading session, reaching $70.22. About 4.11 million shares traded or 3.78% up from the average. Marathon Petroleum Corporation (NYSE:MPC) has risen 46.20% since March 11, 2017 and is uptrending. It has outperformed by 29.50% the S&P500.

Among 19 analysts covering Marathon Petroleum Corp (NYSE:MPC), 13 have Buy rating, 1 Sell and 5 Hold. Therefore 68% are positive. Marathon Petroleum Corp had 76 analyst reports since August 10, 2015 according to SRatingsIntel. Barclays Capital maintained Marathon Petroleum Corporation (NYSE:MPC) rating on Tuesday, November 14. Barclays Capital has “Overweight” rating and $76 target. The firm earned “Buy” rating on Thursday, July 27 by Cowen & Co. The company was upgraded on Tuesday, February 13 by Goldman Sachs. The stock has “Overweight” rating by Barclays Capital on Tuesday, October 10. The firm earned “Buy” rating on Friday, December 15 by Cowen & Co. The rating was reinitiated by Credit Suisse with “Outperform” on Wednesday, March 7. Oppenheimer maintained the shares of MPC in report on Wednesday, November 25 with “Outperform” rating. The rating was maintained by Cowen & Co with “Buy” on Thursday, February 1. On Thursday, May 25 the stock rating was maintained by PiperJaffray with “Overweight”. On Wednesday, December 20 the stock rating was maintained by RBC Capital Markets with “Buy”.

Investors sentiment increased to 0.96 in Q3 2017. Its up 0.05, from 0.91 in 2017Q2. It increased, as 52 investors sold MPC shares while 292 reduced holdings. 85 funds opened positions while 227 raised stakes. 380.18 million shares or 0.85% less from 383.45 million shares in 2017Q2 were reported. Putnam Fl Investment Mngmt has 7,378 shares. Hermes Invest holds 623,436 shares. 2,637 are owned by Clarivest Asset Management Ltd Limited Liability Company. Maryland-based Profund Advsrs Ltd Llc has invested 0.06% in Marathon Petroleum Corporation (NYSE:MPC). Loring Wolcott Coolidge Fiduciary Limited Liability Partnership Ma holds 0% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC) for 342 shares. Bollard Grp Inc Ltd Liability Corporation holds 0.01% or 2,234 shares in its portfolio. The California-based Pillar Pacific Mgmt Limited Liability Corp has invested 0.14% in Marathon Petroleum Corporation (NYSE:MPC). 330,876 were reported by Aviva Public Ltd Com. Mackenzie invested in 0.18% or 606,523 shares. Lorber David A reported 158 shares. Stifel invested in 167,071 shares or 0.03% of the stock. Kings Point Capital reported 0.07% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC). Reaves W H And Communication Inc holds 0.68% or 332,897 shares in its portfolio. Cap Ltd reported 6,030 shares. Cibc World Mkts reported 101,613 shares.

Since September 14, 2017, it had 0 insider buys, and 5 selling transactions for $7.73 million activity. Palmer C. Michael sold $1.12M worth of Marathon Petroleum Corporation (NYSE:MPC) on Tuesday, December 12. Nichols Rodney P. sold $413,864 worth of stock or 6,374 shares. 35,604 shares were sold by Kelley Thomas M., worth $2.31M on Thursday, December 14.

Luminus Management Llc increased Rsp Permian Inc (NYSE:RSPP) stake by 424,440 shares to 824,440 valued at $28.52 million in 2017Q3. It also upped Extraction Oil And Gas Inc stake by 858,343 shares and now owns 6.44 million shares. Berry Global Group Inc (NYSE:BERY) was raised too.

Analysts await Marathon Petroleum Corporation (NYSE:MPC) to report earnings on April, 26. They expect $0.67 EPS, up 1,016.67% or $0.61 from last year’s $0.06 per share. MPC’s profit will be $317.84M for 26.20 P/E if the $0.67 EPS becomes a reality. After $1.05 actual EPS reported by Marathon Petroleum Corporation for the previous quarter, Wall Street now forecasts -36.19% negative EPS growth.

Investors sentiment increased to 0.95 in Q3 2017. Its up 0.10, from 0.85 in 2017Q2. It improved, as 102 investors sold Ulta Beauty, Inc. 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. The Louisiana-based Iberiabank has invested 0.21% in Ulta Beauty, Inc. (NASDAQ:ULTA). Federated Invsts Pa owns 0.21% invested in Ulta Beauty, Inc. (NASDAQ:ULTA) for 322,757 shares. Farmers Merchants Investments accumulated 16 shares or 0% of the stock. Commonwealth Of Pennsylvania School Empls Retrmt holds 0.02% of its portfolio in Ulta Beauty, Inc. (NASDAQ:ULTA) for 4,746 shares. Shaker Invests Ltd Co Oh invested in 1,000 shares or 0.16% of the stock. Bessemer Grp Inc stated it has 35 shares. Barrett Asset Mgmt Limited Liability Company accumulated 250 shares or 0% of the stock. Lpl Fincl Limited Liability Company holds 0.01% of its portfolio in Ulta Beauty, Inc. (NASDAQ:ULTA) for 7,372 shares. First Allied Advisory Service holds 0.03% or 2,922 shares in its portfolio. 10,141 were accumulated by Ameritas. Rainier Investment Limited Liability Company holds 0.63% or 11,790 shares. 4,287 were reported by Magnetar Limited Liability Corp. Tributary Mgmt Limited Liability invested in 0.14% or 7,240 shares. Cubist Systematic Strategies Ltd Liability invested in 3,137 shares or 0.04% of the stock. Moreover, Landscape Cap Management Limited Company has 0.33% invested in Ulta Beauty, Inc. (NASDAQ:ULTA).

Since October 12, 2017, it had 1 buying transaction, and 0 sales for $24.97 million activity. 127,889 Ulta Beauty, Inc. (NASDAQ:ULTA) shares with value of $24.97M were bought by HEILBRONN CHARLES.

Among 28 analysts covering Ulta Salon Cosmetics & Fragrance Inc (NASDAQ:ULTA), 15 have Buy rating, 0 Sell and 13 Hold. Therefore 54% are positive. Ulta Salon Cosmetics & Fragrance Inc had 111 analyst reports since July 21, 2015 according to SRatingsIntel. Buckingham Research downgraded Ulta Beauty, Inc. (NASDAQ:ULTA) on Friday, May 26 to “Neutral” rating. The stock of Ulta Beauty, Inc. (NASDAQ:ULTA) has “Hold” rating given on Tuesday, October 31 by BMO Capital Markets. As per Friday, August 25, the company rating was maintained by RBC Capital Markets. Wells Fargo upgraded the stock to “Outperform” rating in Wednesday, January 3 report. KeyBanc Capital Markets maintained the shares of ULTA in report on Friday, May 27 with “Overweight” rating. Buckingham Research maintained Ulta Beauty, Inc. (NASDAQ:ULTA) rating on Friday, August 26. Buckingham Research has “Buy” rating and $325 target. The firm has “Sector Perform” rating given on Thursday, September 10 by RBC Capital Markets. Deutsche Bank maintained the shares of ULTA in report on Friday, March 11 with “Hold” rating. The rating was maintained by Nomura with “Buy” on Friday, August 26. J.P. Morgan maintained it with “Buy” rating and $300.0 target in Friday, January 26 report.

Analysts await Ulta Beauty, Inc. (NASDAQ:ULTA) to report earnings on March, 15 after the close. They expect $2.78 earnings per share, up 24.11% or $0.54 from last year’s $2.24 per share. ULTA’s profit will be $169.56 million for 18.52 P/E if the $2.78 EPS becomes a reality. After $1.70 actual earnings per share reported by Ulta Beauty, Inc. for the previous quarter, Wall Street now forecasts 63.53% EPS growth.