Bank Julius Baer & Co. Ltd Zurich Buys 5,175 Shares of e.l.f. Beauty, Inc. (NYSE:ELF)

Bank Julius Baer & Co. Ltd Zurich increased its stake in shares of e.l.f. Beauty, Inc. (NYSE:ELF) by 13.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 44,484 shares of the company’s stock after acquiring an additional 5,175 shares during the period. Bank Julius Baer & Co. Ltd Zurich owned about 0.08% of e.l.f. Beauty worth $5,704,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Lisanti Capital Growth LLC bought a new stake in e.l.f. Beauty in the fourth quarter valued at approximately $5,403,000. Inceptionr LLC bought a new stake in e.l.f. Beauty in the fourth quarter valued at approximately $526,000. Raymond James Financial Inc. bought a new stake in e.l.f. Beauty in the fourth quarter valued at approximately $68,775,000. Promus Capital LLC bought a new stake in e.l.f. Beauty in the fourth quarter valued at approximately $31,000. Finally, Arizona State Retirement System raised its stake in e.l.f. Beauty by 0.8% in the fourth quarter. Arizona State Retirement System now owns 16,365 shares of the company’s stock valued at $2,055,000 after buying an additional 128 shares during the period. Institutional investors own 92.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. UBS Group restated a “neutral” rating and issued a $74.00 price objective (down previously from $158.00) on shares of e.l.f. Beauty in a research note on Friday, February 7th. Piper Sandler decreased their target price on e.l.f. Beauty from $167.00 to $131.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 5th. Stifel Nicolaus decreased their target price on e.l.f. Beauty from $115.00 to $105.00 and set a “hold” rating on the stock in a research report on Monday, February 3rd. JPMorgan Chase & Co. upped their target price on e.l.f. Beauty from $154.00 to $163.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. Finally, DA Davidson reaffirmed a “neutral” rating and issued a $80.00 target price on shares of e.l.f. Beauty in a research report on Tuesday, February 18th. Five investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $132.94.

e.l.f. Beauty Trading Up 9.8 %

Shares of ELF stock opened at $70.75 on Monday. The stock’s fifty day moving average price is $97.69 and its two-hundred day moving average price is $113.79. The company has a market cap of $3.99 billion, a PE ratio of 41.87, a P/E/G ratio of 6.76 and a beta of 1.60. e.l.f. Beauty, Inc. has a fifty-two week low of $61.90 and a fifty-two week high of $219.77. 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 (NYSE:ELF) last announced its quarterly 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 net margin of 7.55% and a return on equity of 16.88%. Equities analysts predict that e.l.f. Beauty, Inc. will post 2.38 EPS for the current fiscal year.

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.