Swiss National Bank Purchases 800 Shares of e.l.f. Beauty, Inc. (NYSE:ELF)

Swiss National Bank increased its position in e.l.f. Beauty, Inc. (NYSE:ELF) by 0.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 110,900 shares of the company’s stock after purchasing an additional 800 shares during the quarter. Swiss National Bank owned approximately 0.20% of e.l.f. Beauty worth $13,923,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Principal Financial Group Inc. boosted its holdings in e.l.f. Beauty by 149.8% during the fourth quarter. Principal Financial Group Inc. now owns 328,557 shares of the company’s stock valued at $41,250,000 after purchasing an additional 197,028 shares in the last quarter. Global Retirement Partners LLC lifted its position in shares of e.l.f. Beauty by 441.0% during the 4th quarter. Global Retirement Partners LLC now owns 8,283 shares of the company’s stock worth $1,040,000 after buying an additional 6,752 shares during the period. Robbins Farley boosted its stake in e.l.f. Beauty by 27.1% in the 4th quarter. Robbins Farley now owns 34,396 shares of the company’s stock valued at $4,318,000 after buying an additional 7,335 shares in the last quarter. Pacer Advisors Inc. grew its position in e.l.f. Beauty by 43.4% in the fourth quarter. Pacer Advisors Inc. now owns 11,802 shares of the company’s stock valued at $1,482,000 after acquiring an additional 3,572 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. raised its stake in e.l.f. Beauty by 1,380.4% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 16,284 shares of the company’s stock worth $1,775,000 after acquiring an additional 15,184 shares in the last quarter. Institutional investors and hedge funds own 92.44% of the company’s stock.

e.l.f. Beauty Stock Down 0.1 %

Shares of NYSE ELF opened at $63.56 on Thursday. e.l.f. Beauty, Inc. has a 1 year low of $61.90 and a 1 year high of $219.77. The firm’s 50-day moving average is $88.26 and its 200-day moving average is $109.04. The company has a current ratio of 1.90, a quick ratio of 1.17 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $3.58 billion, a PE ratio of 37.61, a price-to-earnings-growth ratio of 6.76 and a beta of 1.60.

e.l.f. Beauty (NYSE:ELF) last released its earnings results on Thursday, February 6th. The company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.35). e.l.f. Beauty had a return on equity of 16.88% and a net margin of 7.55%. Equities analysts expect that e.l.f. Beauty, Inc. will post 2.38 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently commented on ELF. Raymond James reduced their target price on shares of e.l.f. Beauty from $175.00 to $120.00 and set a “strong-buy” rating on the stock in a research note on Friday, February 7th. Truist Financial boosted their price target on shares of e.l.f. Beauty from $130.00 to $150.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. UBS Group reaffirmed a “neutral” rating and set a $74.00 price objective (down previously from $158.00) on shares of e.l.f. Beauty in a report on Friday, February 7th. DA Davidson reduced their target price on e.l.f. Beauty from $80.00 to $75.00 and set a “neutral” rating on the stock in a report on Monday. Finally, Deutsche Bank Aktiengesellschaft began coverage on e.l.f. Beauty in a research report on Thursday, December 12th. They set a “hold” rating and a $133.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $132.65.

Insider Activity at e.l.f. Beauty

In other e.l.f. Beauty news, Director Maureen C. Watson sold 4,000 shares of the firm’s stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $67.39, for a total transaction of $269,560.00. Following the transaction, the director now owns 1,888 shares in the company, valued at approximately $127,232.32. This trade represents a 67.93 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 3.50% of the stock is currently owned by corporate insiders.

e.l.f. Beauty Profile

e.l.f. Beauty, Inc is a holding company, which engages in the provision of inclusive, accessible, clean, vegan and cruelty free cosmetics and skin care products. The company focuses on the e-commerce, national retailers and international business channels. Its brands include elf, elf skin, WELL People and KEYS soulcare.