3,291 Shares in e.l.f. Beauty, Inc. (NYSE:ELF) Purchased by Keybank National Association OH

Keybank National Association OH purchased a new stake in shares of e.l.f. Beauty, Inc. (NYSE:ELF) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 3,291 shares of the company’s stock, valued at approximately $413,000.

Several other institutional investors also recently bought and sold shares of ELF. Baillie Gifford & Co. raised its position in e.l.f. Beauty by 51.0% during the fourth quarter. Baillie Gifford & Co. now owns 8,009,434 shares of the company’s stock valued at $1,005,584,000 after acquiring an additional 2,703,742 shares in the last quarter. Champlain Investment Partners LLC purchased a new position in e.l.f. Beauty during the third quarter valued at approximately $121,558,000. Swedbank AB purchased a new position in e.l.f. Beauty during the third quarter valued at approximately $76,321,000. Thrivent Financial for Lutherans raised its position in e.l.f. Beauty by 223.2% during the third quarter. Thrivent Financial for Lutherans now owns 555,287 shares of the company’s stock valued at $60,543,000 after acquiring an additional 383,478 shares in the last quarter. Finally, Westfield Capital Management Co. LP raised its position in e.l.f. Beauty by 20,187.5% during the third quarter. Westfield Capital Management Co. LP now owns 334,743 shares of the company’s stock valued at $36,497,000 after acquiring an additional 333,093 shares in the last quarter. 92.44% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on ELF. Morgan Stanley restated an “equal weight” rating and issued a $70.00 price objective (down from $153.00) on shares of e.l.f. Beauty in a research report on Friday, February 7th. Piper Sandler cut their price objective on e.l.f. Beauty from $167.00 to $131.00 and set an “overweight” rating for the company in a research report on Wednesday, February 5th. The Goldman Sachs Group cut their price objective on e.l.f. Beauty from $142.00 to $124.00 and set a “buy” rating for the company in a research report on Friday, February 21st. DA Davidson restated a “neutral” rating and issued a $80.00 price objective on shares of e.l.f. Beauty in a research report on Tuesday, February 18th. Finally, Truist Financial boosted their price objective on 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. Five analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $132.94.

e.l.f. Beauty Stock Performance

NYSE ELF opened at $70.75 on Monday. The stock’s fifty day moving average is $97.69 and its two-hundred day moving average is $113.79. The firm has a market capitalization of $3.99 billion, a P/E ratio of 41.87, a price-to-earnings-growth ratio of 6.76 and a beta of 1.60. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.17 and a current ratio of 1.90. e.l.f. Beauty, Inc. has a fifty-two week low of $61.90 and a fifty-two week high of $219.77.

e.l.f. Beauty (NYSE:ELF) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.41 earnings per share 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%. On average, research analysts anticipate that e.l.f. Beauty, Inc. will post 2.38 earnings per share for the current year.

About e.l.f. Beauty

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.