Wisconsin Capital Management LLC lifted its holdings in shares of e.l.f. Beauty (NYSE:ELF – Free Report) by 31.8% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 31,101 shares of the company’s stock after acquiring an additional 7,509 shares during the period. e.l.f. Beauty makes up approximately 2.1% of Wisconsin Capital Management LLC’s investment portfolio, making the stock its 15th largest holding. Wisconsin Capital Management LLC owned 0.05% of e.l.f. Beauty worth $4,120,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in e.l.f. Beauty by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 5,347,046 shares of the company’s stock worth $708,377,000 after purchasing an additional 14,651 shares in the last quarter. Mackenzie Financial Corp raised its holdings in shares of e.l.f. Beauty by 11.0% in the second quarter. Mackenzie Financial Corp now owns 957,941 shares of the company’s stock worth $119,206,000 after buying an additional 95,270 shares during the last quarter. Marshall Wace LLP acquired a new stake in shares of e.l.f. Beauty during the second quarter worth $118,058,000. Voya Investment Management LLC grew its holdings in shares of e.l.f. Beauty by 60.7% during the third quarter. Voya Investment Management LLC now owns 692,304 shares of the company’s stock valued at $91,561,000 after buying an additional 261,489 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of e.l.f. Beauty by 22.7% during the second quarter. Bank of America Corp DE now owns 567,582 shares of the company’s stock valued at $70,630,000 after buying an additional 105,031 shares during the last quarter. Institutional investors and hedge funds own 92.44% of the company’s stock.
e.l.f. Beauty Price Performance
Shares of NYSE ELF opened at $81.05 on Wednesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.76 and a quick ratio of 1.89. The stock has a market capitalization of $4.79 billion, a price-to-earnings ratio of 45.79, a PEG ratio of 6.86 and a beta of 1.68. The firm’s 50 day simple moving average is $84.61 and its 200-day simple moving average is $101.41. e.l.f. Beauty has a 12 month low of $49.40 and a 12 month high of $150.99.
Analyst Ratings Changes
A number of equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $92.00 target price on shares of e.l.f. Beauty in a research note on Thursday, January 29th. TD Cowen reduced their price objective on e.l.f. Beauty from $110.00 to $100.00 and set a “buy” rating for the company in a research note on Monday, February 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of e.l.f. Beauty in a report on Wednesday, January 21st. Robert W. Baird set a $115.00 price target on shares of e.l.f. Beauty in a report on Thursday, February 5th. Finally, Citigroup raised their price target on shares of e.l.f. Beauty from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $119.13.
View Our Latest Research Report on ELF
e.l.f. Beauty Company Profile
e.l.f. Beauty (NYSE: ELF) is an American cosmetics company known for offering an extensive range of affordable, trend-driven makeup and skincare products. The company’s portfolio spans foundations, lipsticks, mascaras, brushes, serums, masks and other beauty essentials, all positioned at accessible price points. e.l.f. Beauty maintains a direct-to-consumer platform through its e-commerce site and engages in widespread retail partnerships with major chains such as Target, Walmart, Ulta Beauty and Amazon.
Founded in 2004 and headquartered in Oakland, California, e.l.f.
Featured Articles
- Five stocks we like better than e.l.f. Beauty
- New Copper-Rich “Kraken” Zone Discovered
- Elon Warns “America Is Broke”. Trump’s Plan Inside.
- America’s 1776 happening again
- 3 Signs You May Want to Switch Financial Advisors
- Silver’s squeeze is tightening – opportunity forming
Want to see what other hedge funds are holding ELF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for e.l.f. Beauty (NYSE:ELF – Free Report).
Receive News & Ratings for e.l.f. Beauty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for e.l.f. Beauty and related companies with MarketBeat.com's FREE daily email newsletter.
