DOCSLIB.ORG

This Is the Message

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
This Is the Message SCHEDULE OF INVESTMENTS (Unaudited) September 30, 2020 Sit Balanced Fund Investments are grouped by economic sectors. Name of Issuer Quantity Fair Value ($) Name of Issuer Quantity Fair Value ($) Common Stocks - 63.3% Bristol-Myers Squibb Co., Rights * 1,025 2,306 Communications - 2.2% DexCom, Inc. * 1,150 474,064 American Tower Corp. 2,975 719,147 Illumina, Inc. * 350 108,178 Verizon Communications, Inc. 7,100 422,379 Intuitive Surgical, Inc. * 620 439,915 Johnson & Johnson 3,000 446,640 1,141,526 Medtronic, PLC 2,500 259,800 Consumer Durables - 0.8% Thermo Fisher Scientific, Inc. 1,250 551,900 YETI Holdings, Inc. * 9,600 435,072 3,550,977 Consumer Non-Durables - 4.1% Conagra Brands, Inc. 8,900 317,819 Process Industries - 1.5% Constellation Brands, Inc. 2,275 431,135 Ecolab, Inc. 1,875 374,700 Estee Lauder Cos., Inc. - Class A 2,375 518,344 Sherwin-Williams Co. 600 418,044 Mondelez International, Inc. 6,300 361,935 792,744 NIKE, Inc. 1,775 222,833 Producer Manufacturing - 4.2% PepsiCo, Inc. 2,475 343,035 3M Co. 875 140,158 2,195,101 Honeywell International, Inc. 2,275 374,488 Consumer Services - 3.8% L3Harris Technologies, Inc. 2,775 471,306 McDonald’s Corp. 2,300 504,827 Motorola Solutions, Inc. 1,700 266,577 Starbucks Corp. 4,850 416,712 Northrop Grumman Corp. 500 157,745 Visa, Inc. 5,550 1,109,834 Otis Worldwide Corp. 1,500 93,630 Parker-Hannifin Corp. 450 91,053 2,031,373 Safran SA, ADR * 13,950 345,541 Electronic Technology - 8.8% Trane Technologies, PLC 2,175 263,719 Advanced Micro Devices, Inc. * 2,500 204,975 2,204,217 Apple, Inc. 16,500 1,910,865 Applied Materials, Inc. 9,300 552,885 Retail Trade - 5.8% * Broadcom, Inc. 1,660 604,771 Amazon.com, Inc. 485 1,527,134 Ciena Corp. * 7,250 287,752 CVS Health Corp. 7,250 423,400 Keysight Technologies, Inc. * 5,100 503,778 Home Depot, Inc. 2,050 569,305 NVIDIA Corp. 1,125 608,872 TJX Cos., Inc. 6,550 364,508 Ulta Beauty, Inc. * 795 178,064 4,673,898 3,062,411 Finance - 4.5% Ameriprise Financial, Inc. 2,250 346,748 Technology Services - 16.4% Aon, PLC 1,900 391,970 Accenture, PLC 2,025 457,630 * Chubb, Ltd. 2,950 342,554 Adobe, Inc. 1,525 747,906 * Everest Re Group, Ltd. 500 98,770 Alphabet, Inc. - Class A 620 908,672 * First Republic Bank 1,750 190,855 Alphabet, Inc. - Class C 205 301,268 * Goldman Sachs Group, Inc. 2,100 422,037 Atlassian Corp., PLC 3,250 590,818 * JPMorgan Chase & Co. 3,425 329,725 Autodesk, Inc. 1,600 369,616 * T Rowe Price Group, Inc. 2,075 266,056 Dynatrace, Inc. 3,100 127,162 Facebook, Inc. * 3,065 802,723 2,388,715 Intuit, Inc. 1,200 391,452 Health Services - 2.6% Microsoft Corp. 7,800 1,640,574 HCA Healthcare, Inc. 3,900 486,252 Paycom Software, Inc. * 600 186,780 UnitedHealth Group, Inc. 2,925 911,927 PayPal Holdings, Inc. * 3,300 650,199 salesforce.com, Inc. * 3,575 898,469 1,398,179 ServiceNow, Inc. * 560 271,600 Health Technology - 6.7% Splunk, Inc. * 1,950 366,853 Abbott Laboratories 3,550 386,347 AbbVie, Inc. 2,600 227,734 8,711,722 Boston Scientific Corp. * 5,600 213,976 Bristol-Myers Squibb Co. 7,300 440,117 SEPTEMBER 30, 2020 1 SCHEDULE OF INVESTMENTS (Unaudited) September 30, 2020 Sit Balanced Fund (Continued) Quantity /Principal Principal Name of Issuer Amount ($) Fair Value ($) Name of Issuer Amount ($) Fair Value ($) Transportation - 1.4% 2126 C, 6.00%, 2/15/29 36,294 41,288 FedEx Corp. 1,375 345,840 2485 WG, 6.00%, 8/15/32 36,158 42,354 Union Pacific Corp. 2,050 403,584 2480 Z, 6.00%, 8/15/32 34,766 39,648 2575 QE, 6.00%, 2/15/33 17,398 20,082 749,424 2980 QA, 6.00%, 5/15/35 18,203 21,695 Utilities - 0.5% 2283 K, 6.50%, 12/15/23 4,116 4,376 NextEra Energy, Inc. 1,035 287,275 2357 ZJ, 6.50%, 9/15/31 23,139 26,059 Total Common Stocks 4520 HM, 6.50%, 8/15/45 31,557 37,739 (cost: $21,570,556) 33,622,634 1142 IA, 7.00%, 10/15/21 5,339 5,392 Bonds - 31.7% 3704 CT, 7.00%, 12/15/36 15,844 19,360 2238 PZ, 7.50%, 6/15/30 13,611 16,351 Asset-Backed Securities - 1.6% Government National Mortgage Association: Bayview Opportunity Master Fund, 2015-80 BA, 6.99%, 6/20/45 1 23,898 27,924 1, 4 2017-SPL1 A, 4.00%, 10/28/64 48,242 50,159 2018-147 AM, 7.00%, 10/20/48 84,373 94,803 Credit Suisse First Boston Mortgage Corp., 2018-160 DA, 7.00%, 11/20/48 79,883 90,049 2005-AGE1 M3, 1 Mo. Libor + 0.65, 2014-69 W, 7.20%, 11/20/34 1 27,000 31,839 0.80%, 2/25/32 1 16,820 16,814 2013-133 KQ, 7.30%, 8/20/38 1 26,812 31,847 Irwin Home Equity Corp., 2005-74 HA, 7.50%, 9/16/35 8,406 9,065 2005-1 M1, 5.92%, 6/25/35 14 20,264 20,720 JP Morgan Mortgage Trust: New Century Home Equity Loan Trust, 1, 4 2005-A A4W, 4.71%, 8/25/35 14 4,884 4,956 2019-HYB1 A5A, 3.00%, 10/25/49 125,023 127,386 1, 4 OSCAR US Funding Trust VII, LLC: 2019-8 A4, 3.50%, 3/25/50 84,486 85,288 1, 4 2017-2A A3, 2.45%, 12/10/21 4 12,258 12,281 2019-9 A8, 3.50%, 5/25/50 125,000 128,493 1, 4 2017-2A A4, 2.76%, 12/10/24 4 100,000 101,530 2020-2 A4, 3.50%, 7/25/50 144,532 148,046 Small Business Administration: New Residential Mortgage Loan Trust: 2018-3A A1, 4.50%, 5/25/58 1, 4 67,989 73,594 2008-20A 1, 5.17%, 1/1/28 31,605 34,565 PMT Loan Trust: 2013-J1 A11, 3.50%, 2007-20H 1, 5.78%, 8/1/27 30,194 32,863 9/25/43 1, 4 98,081 102,557 Towd Point Mortgage Trust: Sequoia Mortgage Trust: 2020-MH1 A1A, 2.18%, 2/25/60 1, 4 174,058 176,774 2019-5 A4, 3.50%, 12/25/49 1, 4 72,591 73,692 2019-MH1 A2, 3.00%, 11/25/58 1, 4 100,000 103,081 2020-2 A4, 3.50%, 3/25/50 1, 4 122,945 126,692 2019-SJ3 A2, 3.00%, 11/25/59 1, 4 125,000 127,505 Vendee Mortgage Trust: 2019-SJ1 A1, 3.75%, 11/25/58 1, 4 78,228 79,112 2008-1 B, 6.26%, 3/15/25 1 10,950 12,776 2019-SJ1 A2, 4.17%, 11/25/58 1, 4 100,000 102,959 1994-2 2, 6.55%, 5/15/24 1 8,130 8,371 863,319 Wells Fargo Mortgaged Backed Securities Collateralized Mortgage Obligations - 4.2% Trust: 1, 4 Fannie Mae: 2020-2 A17, 3.00%, 12/25/49 93,136 95,430 1, 4 2017-84 JP, 2.75%, 10/25/47 63,619 67,416 2020-2 A3, 3.00%, 12/25/49 90,847 92,537 2003-34 A1, 6.00%, 4/25/43 34,390 40,024 2,242,867 2004-T1 1A1, 6.00%, 1/25/44 21,059 24,626 Corporate Bonds - 12.8% 1999-17 C, 6.35%, 4/25/29 10,673 11,984 Alleghany Corp., 3.63%, 5/15/30 100,000 112,408 2001-82 ZA, 6.50%, 1/25/32 14,939 16,907 American Airlines, 3.20%, 6/15/28 83,200 78,202 2009-30 AG, 6.50%, 5/25/39 46,466 53,892 American Financial Group, 5.25%, 4/2/30 200,000 242,264 2013-28 WD, 6.50%, 5/25/42 44,978 54,242 AXIS Specialty Finance, 3.90%, 7/15/29 100,000 109,296 2004-T1 1A2, 6.50%, 1/25/44 67,397 79,672 Bank of America Corp., 3.25%, 10/21/27 100,000 110,628 2004-W9 2A1, 6.50%, 2/25/44 38,562 45,606 Booking Holdings, Inc., 4.63%, 4/13/30 150,000 180,209 2010-108 AP, 7.00%, 9/25/40 1,889 2,222 Burlington Resources, LLC, 7.40%, 2004-T3, 1A3, 7.00%, 2/25/44 7,108 8,553 12/1/31 50,000 74,069 1993-21 KA, 7.70%, 3/25/23 17,775 18,768 Cabot Corp., 3.40%, 9/15/26 183,000 192,036 Freddie Mac: Cadence BanCorp. (Subordinated), 3 Mo. 4784 BV,3.50%, 12/15/32 100,000 103,883 Libor + 4.66, 4.91%, 3/11/25 1, 4 200,000 183,012 4293 BA, 5.28%, 10/15/47 1 12,416 14,194 2122 ZE, 6.00%, 2/15/29 57,382 66,145 2 SCHEDULE OF INVESTMENTS (Unaudited) September 30, 2020 Sit Balanced Fund (Continued) Principal Principal Name of Issuer Amount ($) Fair Value ($) Name of Issuer Amount ($) Fair Value ($) Canadian Pacific Railway Co., 7.13%, Unum Group, 4.50%, 12/15/49 25,000 24,226 10/15/31 100,000 148,072 Wachovia Corp., (Subordinated), 7.57%, Charles Schwab Corp., 3.25%, 5/22/29 100,000 114,992 8/1/26 14 100,000 128,970 Charles Stark Draper Laboratory, Inc., Webster Financial Corp., 4.38%, 2/15/24 125,000 132,226 4.39%, 9/1/48 100,000 124,545 WestRock MWV,LLC, 7.95%, 2/15/31 100,000 141,944 CNO Financial Group, Inc., 5.25%, 5/30/29 100,000 115,465 Weyerhaeuser Co., 6.88%, 12/15/33 150,000 206,300 Comerica, Inc., 4.00%, 2/1/29 150,000 171,406 Xilinx, Inc., 2.38%, 6/1/30 50,000 52,489 Cox Communications, Inc., 8.38%, 3/1/39 4 100,000 163,207 6,803,589 Delta Air Lines 2015-1 Class A Pass Through Trust, 3.88%, 7/30/27 156,593 146,874 Federal Home Loan Mortgage Corporation - 0.3% Delta Air Lines, Inc./SkyMiles, 4.75%, 6.50%, 2/1/22 3,447 3,489 10/20/28 4 150,000 155,742 7.50%, 7/1/29 104,170 122,052 Doric Nimrod Air Alpha 2013-1 Trust, 8.00%, 2/1/34 12,800 15,467 5.25%, 5/30/23 4 34,313 30,717 8.50%, 9/1/24 6,628 6,718 Doric Nimrod Air Finance Alpha 2012-1 147,726 Trust, 5.13%, 11/30/22 4 25,998 23,224 Duke Energy Florida, LLC, 2.54%, 9/1/29 50,000 53,702 Federal National Mortgage Association - 1.3% Emerson Electric Co., 1.95%, 10/15/30 50,000 51,820 2.68%, 2/1/35 150,000 166,967 Entergy Louisiana, LLC, 4.95%, 1/15/45 150,000 165,074 5.50%, 10/1/33 68,863 77,921 Equifax, Inc., 6.90%, 7/1/28 150,000 186,580 6.50%, 2/1/24 13,274 13,946 Fidelity National Financial, 3.40%, 6/15/30 50,000 54,079 6.50%, 9/1/27 40,530 45,330 Flex, Ltd., 4.88%, 5/12/30 200,000 228,232 6.50%, 6/1/40 104,115 118,380 Fulton Financial Corp.
Load more

Recommended publications
  • Impact of Covid-19 on Beauty & Wellness
    IMPACT OF COVID-19 ON BEAUTY & WELLNESS July 2020 01 MACRO THEMES 02 INDUSTRY IMPACTS 03 CHANNEL AND CATEGORY SHIFTS 04 STRATEGIC REVIEW 05 IMPACT TO MANUFACTURING 06 SUB-SECTOR THEMES 07 TRENDS AND TAKEAWAYS TABLE OF CONTENTS OF TABLE Page 1 MACRO THEMES BEAUTY AMONG TOP 10 NEGATIVELY IMPACTED COVID-19 HAS LED US INDUSTRIES (ESTIMATED PROBABILITY 25-35% INDUSTRY LEVEL RETAIL SERIES 2019-2020, % GROWTH, INTO UNCHARTED 2019 CONSTANT PRICES, FIXED YEAR EXCHANGE RATE) (30) (20) (10) 0 10 20 TERRITORY Luxury Goods Personal Accessories MACRO THEMES Apparel and Footwear Eyewear Tobacco The current pandemic has impacted virtually every facet Beauty and Personal Care of the economy and consumers’ day-to-day lives. Consumer Electronics Consumer Health Rising unemployment rates, reduced discretionary Consumer Appliances Home and Garden spending, social distancing and lockdown restrictions have Alcoholic Drinks altered consumer behavior. Soft Drinks Retail Tissue and Hygiene Significant discrepancies between winners and losers as Hot Drinks those sub-sectors most exposed to physical retail and Toys and Games without a digital presence have taken the biggest hit. Pet Care Home Care Fresh Food Successes defined by the strength of the digital Packaged Food proposition, ability to fulfill orders during quarantine and connection and direct relationship with the consumer. Baseline COVID-19 Deep Recession Case Rapid acceleration in the ongoing shift to digital. Positive Positive Negative Negative Accelerated consciousness of health, wellness and sustainability.
    [Show full text]
  • Consumer Products and Retail Quarterly Update
    Consumer products and retail quarterly update Q1 2021 Deloitte Corporate Finance LLC | www.investmentbanking.deloitte.com Quarterly update | Q1 2021 | Consumer Products and Retail Consumer products and retail trends In this update 1 Supply chain resilience Go-to-market recalibration2 • Consumer trends Supply chain resilience has become The pandemic fundamentally shifted a key strategic focus as consumer consumer purchasing preferences • Economic outlook brands continue to strengthen their and behaviors, prompting • Industry analysis direct-to-consumer (“DTC”) businesses to reevaluate their go- • Select M&A transactions channels that support streamlined, to-market strategy for continued transparent supply chains. COVID- growth. Accelerating DTC and e- • Appendix related supply chain disruptions commerce sales are pressuring also demonstrated the importance companies to recalibrate their of maintaining flexible operations service models and adopt an This update will focus on capable of withstanding shocks and omnichannel approach for continued news and trends in the demand fluctuations. As a result, growth. For example, Unilever following areas: M&A targets with robust, resilient recently launched its “Ice Cream supply chains are expected to Now” campaign through Uber Eats unlock value for investors seeking to adapt to the post-pandemic shift • Food and beverages a platform that is scalable with towards e-commerce in the Food • Products and durables minimal risk. and Beverage subsector. • Restaurant and food Demand impacts supply chain3 CPG portfolio reshaping4 services Q1 2021 saw a spike in demand as Pandemic-related supply constraints • Specialty retail consumer products realized year- and consumer stockpiling has over-year growth of 8% with total prompted many consumer Who we are sales reaching $1.62 trillion packaged goods (“CPG”) companies annualized.
    [Show full text]
  • Manager's Office Parking Mall Entrance
    VE N A KE OC H SW Y A LA FITNESS W N TAYLOR A K I COMMUNICATIONS L L I M W RESTORE S OUTLET S CENTURY W THEATERS J E 100 N 104 K SW HOCKEN AVE 108 I N S KING NEW SEASONS 2935 PINS 22 23 ROXY’S VIRGINIA POWELL’S 8 9 18 GARCIA BOOKS 2933 54 50 38 PASTINI BEST BUY WINCO LEGACY TUESDAY OLD MORNING 36 45 NAVY HEALTH BUYBUY BABY OFFICE DEPOT D 44 32 FIRST AT&T V 21 CRAFT TECH 140 L 25 100 WAREHOUSE B 90 MENAMINS WILD 20 24 c L M FIN 122 120 115 110 ULTA ROSS 105 L A H 2919 100 D W 2865 R S 105 100 R 110 105 E 110 K 115 L 120 115 A A B C W PANERA 125 120 CHASE BofA OSWEGO 3435 MCDONALD’S 3435 3435 GRILL 130 140 135 102 100 FIDELITY 190 160 180 140 120 100 115 110 105 100 SW CEDAR HILLS BLVD MALL ENTRANCE MANAGER’S OFFICE PARKING CEDAR HILLS CROSSING APPAREL/ACCESSORIES BEAUTY/FITNESS FOOD/DINING FINANCIAL SERVICES 160 buybuy Baby 160 Bouffant Hair Salon 120 Baja Fresh 3215 Bank of America 90 Carter’s/OshKosh 100 Club Pilates 140 Bargarten Bavarian Social Haus 3475 Chase Bank 50 Claire’s 104 Diamond Nails & Spa 25 Cake It! 2785 Fidelity Investments 3115 Old Navy 110 GNC 122 Crumbl Cookies 2929 First Tech Federal Credit Union 3255 Ross Dress for Less 100 Hair M 100 Dave’s Hot Chicken 110 Northwest Community Credit Union—Coming Soon! 180 LA Fitness 120 Evergreens 100 OnPoint Community Credit Union 140 LaBelle Nails 102 Firehouse Subs 135 Rivermark Community Credit Union ENTERTAINMENT 36 Merle Norman Cosmetics 2919 Jamba Juice 18 Shena Salon 20 Jersey Mike’s Subs—Coming Soon! 3200 Century Theaters 54 Sunflower Beauty Salon 105 Killer Burger HEALTH
    [Show full text]
  • Chicago's Largest Publicly Traded Companies | Crain's Book of Lists
    Chicago’s Largest Publicly Traded Companies | Crain’s Book of Lists 2018 Company Website Location Walgreens Boots Alliance Inc. www.walgreensbootsalliance.com Deerfield, IL Boeing Co. www.boeing.com Chicago, IL Archer Daniels Midland Co. www.adm.com Chicago, IL Caterpillar Inc. www.caterpillar.com Peoria, IL United Continental Holdings Inc. www.unitedcontinental-holdings.com Chicago, IL Allstate Corp. www.allstate.com Northbrook, IL Exelon Corp. www.exeloncorp.com Chicago, IL Deere & Co. www.deere.com Moline, IL Kraft Heinz Co. www.kraftheinz-company.com Chicago, IL Mondelez International Inc. www.mondelez-international.com Deerfield, IL Abbvie Inc. www.abbvie.com North Chicago, IL McDonald’s Corp. www.aboutmcdonalds.com Oak Brook, IL US Foods Holding Corp. www.USfoods.com Rosemont, IL Sears Holdings Corp. www.searsholdings.com Hoffman Estates, IL Abbott Laboratories www.abbott.com North Chicago, IL CDW Corp. www.cdw.com Lincolnshire, IL Illinois Tool Works Inc. www.itw.com Glenview, IL Conagra Brands Inc. www.conagrabrands.com Chicago, IL Discover Financial Services Inc. www.discover.com Riverwoods, IL Baxter International Inc. www.baxter.com Deerfield, IL W.W. Grainger Inc. www.grainger.com Lake Forest, IL CNA Financial Corp. www.cna.com Chicago, IL Tenneco Inc. www.tenneco.com Lake Forest, IL LKQ Corp. www.lkqcorp.com Chicago, IL Navistar International Corp. www.navistar.com Lisle, IL Univar Inc. www.univar.com Downers Grove, IL Anixter International Inc. www.anixter.com Glenview, IL R.R. Donnelly & Sons Co. www.rrdonnelly.com Chicago, IL Jones Lang LaSalle Inc. www.jll.com Chicago, IL Dover Corp. www.dovercorporation.com Downers Grove, IL Treehouse Foods Inc.
    [Show full text]
  • BATH and BODY MASS Does a Body Good
    BATH AND BODY MASS Does a Body Good Cetaphil Dove NEUTROGENA® Ultra Gentle Soothing Body Wash Body Wash Mousse Hydro Boost Body Gel Cream Olay Vaseline® Clinical Care™ Weleda Shea Butter Foaming Whip Extremely Dry Skin Rescue North America Skin Food Body Wash Healing Moisture Lotion Body Butter BATH AND BODY PRESTIGE Does a Body Good fresh Kopari Beauty Molton Brown Black Tea Age-Delay Coconut Shower Oil Orange & Bergamot Radiant Body Cream Body Oil Moroccanoil philosophy Rodan + Fields Night Body Serum hands of hope ENHANCEMENTS green tea & avocado Active Hydration Body Replenish MEN’S SCENT Male Attraction AXE Gold BOSS Fragrances Christian Dior Parfums Body Spray The Scent Private Accord for Him Sauvage Eau de Parfum Dolce & Gabbana John Varvatos Prada The One Grey JVxNJ Luna Rossa Black YSL Beauty Y Eau de Parfum WOMEN’S SCENT MASS It Makes Scents Avon Bath & Body Works Bath & Body Works Velvet Eau de Parfum In The Stars Fine Fragrance Mist Lovely Dreamer Fine Fragrance Mist Flower Beauty Good Chemistry Wild Spirit Fragrances Pretty Deadly Jasmin Venom Wild Child Perfume Driftwood Eau de Parfum WOMEN’S SCENT PRESTIGE It Makes Scents AERIN Beauty Clinique Dolce & Gabbana Hibiscus Palm Eau de Parfum My Happy Dolce Garden KILIAN Tory Burch YSL Beauty Princess Eau de Parfum Just Like Heaven Black Opium Eau de Parfum Intense NICHE FRAGRANCE It Makes Scents Atelier Cologne Carol’s Daughter Clean Beauty Collective Musc Imperial Monoi Ora Eau de Toilette Avant Garden Galbanum & Rain Dolce & Gabbana Nest Fragrances Tocca Beauty Velvet Incenso Cocoa Woods Eau de Parfum Maya BEAUTY TECH AWARD EyeJust LLC FOREO HiMirror Blue Light Blocking Screen Protector UFO Mini La Roche-Posay P&G Beauty Perfect Corp.
    [Show full text]
  • Pier Park Welcomes More Dining and Shopping Choices! - Popular New Eateries and Stores Set to Open This Week
    For more information: Molly Parrish/ Kristin Cowart, KCPR, 404.233.3993 [email protected] / [email protected] Cell Phones: 404.713.3788/404.695.0310 Les Morris, Simon Property Group, 317.263.7711 [email protected] Cell Phone: 317.201.0978 Pier Park Welcomes More Dining and Shopping Choices! - Popular New Eateries and Stores Set to Open This Week - PANAMA CITY BEACH, Fla. (March 3, 2008)- Pier Park options continue to grow as many anticipated restaurants and shops plan to open this week in the 900,000-square-foot retail and entertainment lifestyle center. New tenants scheduled to open include Dillard’s, JCPenney, Jimmy Buffett’s Margaritaville, Southern Waters Outfitters, Smoothie King, Trader Tom’s and ULTA Beauty. Jimmy Buffett’s Margaritaville, Dillard’s, JCPenney and ULTA Beauty will celebrate with the following events: Dillard’s, March 5-9: Grand Opening Weekend Location: Between Front Beach Road and US 98 **This is a sample of the special events during the celebration** • The "Lucky Key Event" offers the first 500 customers each day a key that could unlock one of many prize giveaways valued at more than $20,000, including a $1,000 Dillard's shopping spree. • Tote Bag Giveaway- Receive a limited edition Dillard’s tote bag with any regular price $100 purchase. Pick up your tote bag at the Prize Validation Table. One per person, please, while supplies last. • Clarins Beauty Break- Treat yourself to a Clarins Beauty Break, 15 minutes of hands-on services. Plus, receive two Discovery size products with any Clarins purchase of $75 or more.
    [Show full text]
  • Ulta Beauty, Inc
    Initiation of Coverage October 26, 2019 Luke Greenley | Lead Analyst [email protected] | (610) 613-0219 Nathan Latimer | Associate Analyst Ulta Beauty, Inc. [email protected] | (484) 868-6191 Exchange: NASDAQ | Ticker: ULTA | Target Price: $291.00 Fred Shub | Associate Analyst [email protected] | (215) 840-9391 INVESTMENT THESIS Key Statistics (US$ in M, except per share data) • ULTA stock became pressured following the 3Q’19 earnings report $240.90 $224.43 that disappointed investors following a moderation of store opening Price (26-Oct) 52-Week Low forecasts. The sell-off continued over the summer, when Amazon Exp. Return 21% 52-Week High $368.83 announced plans to enter the beauty products market. ULTA’s sell Shares O/S 58.8 Div. Yield - off culminated with the 2Q’20 earnings release, when the Company Market Cap $14,061 Ent. Value $15,529 reported a slight miss on revenue, EPS, and comparable store sales growth. Management also guided comp sales and earnings downward One-Year Price Graph for the remainder of FY’20, reflecting industry-wide headwinds in the U.S. cosmetics market that are expected to persist through 2H’20. $400 10M • Overall, we understand the negative sentiment around 2Q’20 $350 8M earnings and management’s renewed outlook, however we believe the magnitude of the selloff is highly overblown. Management has $300 5M cited U.S. cosmetics headwinds since FY’17, and has returned improved efficiency accordingly. We believe the ~30% correction $250 3M has priced in lower expectations for FY’20, and an untouched long- term outlook reiterates our conviction in ULTA outperforming $200 0M beauty retail peers and broader retail over the next 12-18 months.
    [Show full text]
  • 0001558370-21-004554.Pdf
    Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant ⌧ Filed by a Party other than the Registrant ◻ Check the appropriate box: ◻ Preliminary Proxy Statement ◻ Confidential, For Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ⌧ Definitive Proxy Statement ◻ Definitive Additional Materials ◻ Soliciting Material Under §240.14a-12 ULTA BEAUTY, INC. (Name of Registrant as Specified In Its Charter) Not applicable (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): ⌧ No fee required ◻ Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. 1) Title of each class of securities to which transaction applies: 2) Aggregate number of securities to which transaction applies: 3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): 4) Proposed maximum aggregate value of transaction: 5) Total fee paid: ◻ Fee paid previously with preliminary materials. ◻ Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. 1) Amount previously paid: 2) Form, Schedule or Registration Statement No.: 3) Filing Party: 4) Date Filed: Table of Contents NOTICE OF ANNUAL MEETING OF STOCKHOLDERS When? Where? Who? 10:00 am CDT Virtual meeting at Stockholders of on Wednesday, www.virtualshareholdermeeting.com/ULTA2021 Record June 2, 2021 as of April 5, 2021 Meeting Agenda Board For more Proposals Recommendation information 1.
    [Show full text]
  • 100000 and Above $50000
    $100,000 and Above Allstate Foundation Julian Grace Foundation Wintrust Financial Corporation $50,000 - $99,999 ArcelorMittal ABC 7 Chicago Blue Cross Blue Shield of Illinois Crown Family Philanthropies DuPage Community Foundation Harris Family Fund Illinois Children's Healthcare Foundation ITW Tawani Foundation The Lloyd A. Fry Foundation $20,000 - $49,999 Allstate Insurance Company Frontier Commercial Ulta Beauty BMO Harris Bank HSBC Bank USA Underwriters Laboratories Community Memorial Foundation iHeartMedia Chicago United Airlines Conagra Foods Foundation Peoples Gas. US Bank CTS Impact Polk Bros. Foundation Fifth Third Bank Uber $10,000 - $19,999 Avon Products Foundation Exelon Corporation Navigant Consulting Inc. Barker Welfare Foundation Grainger, Inc. Northern Trust BP America Inc. Hill-Rom Polsinelli CDW Corp Honey Can Do International Seyfarth Shaw LLP Chapin-May Foundation Horizon Pharma The PrivateBank Chapman & Cutler Intersection University of Chicago Comcast INTREN Walgreens Company ComEd JPMorgan Chase Willis Towers Watson Deloitte & Touche LLP Lifeway Foods Inc. Dr. Scholl Foundation McDonald's Corporation $5,000 - $9,999 Accenture Dell Nicor Gas Adobe Systems Inc. Exchange Club of Naperville Nutanix Aldridge Electric Inc. EY Osmose APC by Schneider Electric FirstMerit Bank PricewaterhouseCoopers ARCC Consulting HBK Engineering, LLC Robinson Hill Group Backstop Solutions Group Holland Capital Management, LLC Rush University Medical Center Bank of America Holly Duran Real Estate Partners SunCoke Energy Baxter International Inc. HP Enterprise The Northridge Group CA Ventures Hyatt Hotels Corporation Trend Micro Carol Lavin Bernick Family Intel Uptake Foundation KPMG US Bank CBS 2 Chicago Lenovo VMWare Challenger, Gray, & Christmas Metropolitan Capital Bank WellCare Health Plans, Inc. Crowe Horwath LLP NetApp $1,000 - $4,999 Amazing Cosmetics Goodcity NFP Plante Moran Ariel Investments Holland & Knight LLP PMI Energy Solutions, LLC AT&T Illinois Huntington National Bank Primera Engineers, LTD.
    [Show full text]
  • Does Ulta Give Samples with Online Order
    Does Ulta Give Samples With Online Order Electroscopic Thaddius festoon immaturely while Michale always besets his distributaries nucleating subconsciously, he sports so partially. Unrefined Ehud hachures, his incentives warn write reflectingly. Dizzied Basil adapts some occurrences after monarchical Angus signalizing dewily. Read on line: a really affordable price drop this site and free samples were rung up at cvs does ulta give online with no longer support full and sweepstakes is Eye Shadow Primer Potion free! It online order, ulta give you can only a specific samples to ulta beauty to try out more during holiday shopping for merchandise is not involved. Do your stylesheet will stack of makeup samples from your gift is trying the nevada athletic commission. However, some stores say that the gift giving be chosen for ground at random. It started with all orders previously delivered to find out there was pleased thank you may not all over the super fun for. Sign up to give samples with online order has a great deal to avoid speaking up your free gift card used at saks fifth avenue and possession of the. We definitely see a stunt of guests coming before that are brand new to Ulta start out shopping in mass and they can buy mass. All ultamate rewards program, you give a negotiation and household items are central and household items you for letting me a cash refund would. Ulta sample with ulta stores talked to? Now give samples online order and ulta ordered additional consequences under our partners are released cnn account is giving assistant buyers generally a flush of.
    [Show full text]
  • ULTA BEAUTY, INC. (Exact Name of Registrant As Specified in Its Charter) Delaware 38-4022268 (State Or Other Jurisdiction of (I.R.S
    Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended January 30, 2021 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _____________ to _____________ Commission File Number: 001-33764 ULTA BEAUTY, INC. (Exact name of registrant as specified in its charter) Delaware 38-4022268 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 1000 Remington Blvd., Suite 120 60440 Bolingbrook, Illinois (Zip code) (Address of principal executive offices) Registrant’s telephone number, including area code: (630) 410-4800 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol Name of each exchange on which registered Common stock, par value $0.01 per share ULTA The NASDAQ Global Select Market Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. ⌧ Yes ◻ No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. ◻ Yes ⌧ No Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • Ulta-Beauty-Case-Study.Pdf
    W&M-M-196 ULTA BEAUTY1 Introduction Ulta announced record-breaking financial performance in the third quarter of FY2016. Revenues increased by 24.2 percent to $1.131 billion, while comparable sales and transactions grew by 16.7 and 11.1 percent, respectively. The retailer had consistently grown revenues by greater than 20 percent since FY2010. During this time, Ulta had also increased net income from 3.2 percent in FY2009 to 8.2 percent in FY2015, through careful management of SG&A expenses, which had dropped from 24.7 percent in FY2009 to 22 percent in FY2015. Further financial information is found in Exhibit 1. As a result, shares of Ulta grew 38 percent in 2016, exceeding the S&P 500 by approximately four times during the same period1. In 2015, Ulta became the largest beauty specialist retailer in the U.S. Ulta was uniquely positioned in the marketplace by offering both mass brands (e.g., CoverGirl, Maybelline) and prestige brands (e.g., Lancome, Clinique).2 According to Fabian Garcia, CEO of Revlon, Ulta “has completely debunked the old notion that you were either prestige or mass. The fact that Ulta challenged the old paradigm is a good enough proof that the world is moving.”3 Brian Yarbrough, an analyst at Edward Jones & Company, agreed by stating that, “they are changing the way people shop as they have allowed people to buy both mass and prestige, as well as get salon, brow and other services which historically would have been done at multiple locations. No other retailer offers all three in the same spot.”4 The retailer attracted “beauty enthusiasts”, who were heavy purchasers of beauty products.5 The company estimated that there were 72 million “beauty enthusiasts”.
    [Show full text]