e.l.f. Beauty, Inc. (NYSE:ELF) Stock Holdings Increased by Portolan Capital Management LLC

Portolan Capital Management LLC grew its holdings in shares of e.l.f. Beauty, Inc. (NYSE:ELF) by 92.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 229,998 shares of the company’s stock after acquiring an additional 110,709 shares during the quarter. e.l.f. Beauty comprises approximately 1.9% of Portolan Capital Management LLC’s holdings, making the stock its 11th largest position. Portolan Capital Management LLC owned approximately 0.41% of e.l.f. Beauty worth $28,876,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Quantinno Capital Management LP raised its position in shares of e.l.f. Beauty by 21.8% during the 3rd quarter. Quantinno Capital Management LP now owns 2,318 shares of the company’s stock worth $253,000 after buying an additional 415 shares in the last quarter. Stifel Financial Corp raised its holdings in e.l.f. Beauty by 57.7% during the third quarter. Stifel Financial Corp now owns 28,244 shares of the company’s stock worth $3,079,000 after purchasing an additional 10,332 shares in the last quarter. National Bank of Canada FI acquired a new stake in e.l.f. Beauty in the third quarter worth approximately $174,000. Orion Portfolio Solutions LLC boosted its stake in e.l.f. Beauty by 19.0% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 6,812 shares of the company’s stock valued at $743,000 after purchasing an additional 1,090 shares in the last quarter. Finally, MML Investors Services LLC raised its stake in shares of e.l.f. Beauty by 54.4% in the 3rd quarter. MML Investors Services LLC now owns 22,324 shares of the company’s stock worth $2,434,000 after buying an additional 7,865 shares in the last quarter. Institutional investors own 92.44% of the company’s stock.

Insider Transactions 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 shares were sold at an average price of $67.39, for a total transaction of $269,560.00. Following the completion of the transaction, the director now owns 1,888 shares in the company, valued at $127,232.32. This trade represents a 67.93 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.50% of the stock is owned by insiders.

e.l.f. Beauty Price Performance

NYSE:ELF opened at $53.60 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.90 and a quick ratio of 1.17. The stock has a market cap of $3.02 billion, a P/E ratio of 31.71, a PEG ratio of 6.76 and a beta of 1.41. The company has a fifty day moving average price of $66.75 and a 200 day moving average price of $101.08. e.l.f. Beauty, Inc. has a one year low of $49.90 and a one year high of $219.77.

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

Analysts Set New Price Targets

A number of analysts recently commented on ELF shares. Stifel Nicolaus dropped their target price on shares of e.l.f. Beauty from $115.00 to $105.00 and set a “hold” rating on the stock in a report on Monday, February 3rd. The Goldman Sachs Group lowered their price target on shares of e.l.f. Beauty from $142.00 to $124.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Canaccord Genuity Group cut their price objective on e.l.f. Beauty from $174.00 to $105.00 and set a “buy” rating for the company in a report on Friday, February 7th. B. Riley restated a “buy” rating and issued a $90.00 target price (down previously from $150.00) on shares of e.l.f. Beauty in a research note on Friday, February 7th. Finally, Raymond James cut their price target on e.l.f. Beauty from $175.00 to $120.00 and set a “strong-buy” rating for the company in a research note on Friday, February 7th. Five equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $124.76.

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.