Wilmington Savings Fund Society FSB Has $54,000 Holdings in e.l.f. Beauty, Inc. (NYSE:ELF)

Wilmington Savings Fund Society FSB boosted its holdings in e.l.f. Beauty, Inc. (NYSE:ELF) by 84.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 429 shares of the company’s stock after purchasing an additional 197 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in e.l.f. Beauty were worth $54,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Nisa Investment Advisors LLC grew its position in e.l.f. Beauty by 3.3% in the 4th quarter. Nisa Investment Advisors LLC now owns 2,872 shares of the company’s stock valued at $361,000 after purchasing an additional 91 shares during the period. Cetera Trust Company N.A grew its position in e.l.f. Beauty by 14.4% during the third quarter. Cetera Trust Company N.A now owns 1,030 shares of the company’s stock valued at $112,000 after buying an additional 130 shares during the period. Sequoia Financial Advisors LLC increased its stake in shares of e.l.f. Beauty by 6.5% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 2,609 shares of the company’s stock worth $284,000 after purchasing an additional 159 shares during the last quarter. Independent Advisor Alliance raised its holdings in shares of e.l.f. Beauty by 7.5% in the 3rd quarter. Independent Advisor Alliance now owns 2,983 shares of the company’s stock worth $325,000 after purchasing an additional 207 shares during the period. Finally, UMB Bank n.a. lifted its stake in e.l.f. Beauty by 64.1% in the fourth quarter. UMB Bank n.a. now owns 540 shares of the company’s stock valued at $68,000 after purchasing an additional 211 shares during the last quarter. Institutional investors and hedge funds own 92.44% of the company’s stock.

e.l.f. Beauty Stock Performance

Shares of ELF opened at $74.83 on Friday. e.l.f. Beauty, Inc. has a 12-month low of $63.50 and a 12-month high of $221.83. The company has a current ratio of 1.78, a quick ratio of 1.01 and a debt-to-equity ratio of 0.22. The company has a market cap of $4.22 billion, a PE ratio of 44.28, a price-to-earnings-growth ratio of 1.54 and a beta of 1.47. The stock has a 50-day moving average price of $119.12 and a 200-day moving average price of $125.47.

e.l.f. Beauty (NYSE:ELF) last announced its 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 17.35%. As a group, equities analysts forecast that e.l.f. Beauty, Inc. will post 2.8 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. The Goldman Sachs Group lowered their target price on e.l.f. Beauty from $165.00 to $142.00 and set a “buy” rating on the stock in a research note on Friday, February 7th. Canaccord Genuity Group cut their target price on shares of e.l.f. Beauty from $174.00 to $105.00 and set a “buy” rating for the company in a research report on Friday, February 7th. UBS Group reissued a “neutral” rating and issued a $74.00 price target (down previously from $158.00) on shares of e.l.f. Beauty in a research report on Friday, February 7th. JPMorgan Chase & Co. raised their price objective on shares of e.l.f. Beauty from $154.00 to $163.00 and gave the stock an “overweight” rating in a report on Thursday, January 16th. Finally, Raymond James lowered 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 report on Friday, February 7th. Five investment 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $134.00.

Insider Transactions at e.l.f. Beauty

In other news, insider Scott Milsten sold 530 shares of the business’s stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $137.60, for a total value of $72,928.00. Following the completion of the sale, the insider now directly owns 68,853 shares in the company, valued at approximately $9,474,172.80. The trade was a 0.76 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Tarang Amin sold 890 shares of the company’s stock in a transaction on Friday, December 6th. The shares were sold at an average price of $137.60, for a total transaction of $122,464.00. Following the completion of the sale, the chief executive officer now directly owns 99,699 shares of the company’s stock, valued at $13,718,582.40. This trade represents a 0.88 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 2,205 shares of company stock valued at $297,442. Insiders own 3.50% of the company’s stock.

e.l.f. Beauty Company 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.