WINTON GROUP Ltd Sells 26,217 Shares of e.l.f. Beauty, Inc. (NYSE:ELF)

WINTON GROUP Ltd lessened its stake in shares of e.l.f. Beauty, Inc. (NYSE:ELF) by 85.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 4,643 shares of the company’s stock after selling 26,217 shares during the quarter. WINTON GROUP Ltd’s holdings in e.l.f. Beauty were worth $583,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Principal Financial Group Inc. boosted its holdings in shares of e.l.f. Beauty by 149.8% during the fourth quarter. Principal Financial Group Inc. now owns 328,557 shares of the company’s stock worth $41,250,000 after acquiring an additional 197,028 shares during the period. Global Retirement Partners LLC boosted its position in shares of e.l.f. Beauty by 441.0% in the fourth quarter. Global Retirement Partners LLC now owns 8,283 shares of the company’s stock valued at $1,040,000 after acquiring an additional 6,752 shares during the period. Robbins Farley grew its stake in shares of e.l.f. Beauty by 27.1% in the fourth quarter. Robbins Farley now owns 34,396 shares of the company’s stock valued at $4,318,000 after acquiring an additional 7,335 shares in the last quarter. Pacer Advisors Inc. boosted its holdings in e.l.f. Beauty by 43.4% in the 4th quarter. Pacer Advisors Inc. now owns 11,802 shares of the company’s stock valued at $1,482,000 after purchasing an additional 3,572 shares during the period. Finally, Ibex Wealth Advisors acquired a new position in shares of e.l.f. Beauty during the 4th quarter worth approximately $5,519,000. Institutional investors own 92.44% of the company’s stock.

e.l.f. Beauty Stock Performance

NYSE:ELF opened at $64.87 on Friday. The stock’s 50-day moving average is $79.12 and its 200-day moving average is $105.82. e.l.f. Beauty, Inc. has a 1-year low of $60.35 and a 1-year high of $219.77. The company has a current ratio of 1.90, a quick ratio of 1.17 and a debt-to-equity ratio of 0.20. The stock has a market cap of $3.66 billion, a P/E ratio of 38.38, a price-to-earnings-growth ratio of 6.76 and a beta of 1.60.

e.l.f. Beauty (NYSE:ELF) last posted its earnings results 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%. Equities research analysts anticipate that e.l.f. Beauty, Inc. will post 2.38 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on ELF shares. DA Davidson cut their price target on e.l.f. Beauty from $80.00 to $75.00 and set a “neutral” rating for the company in a research note on Monday, March 17th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of e.l.f. Beauty in a research report on Thursday, December 12th. They set a “hold” rating and a $133.00 price objective for the company. UBS Group reiterated a “neutral” rating and set a $74.00 price objective (down from $158.00) on shares of e.l.f. Beauty in a research note on Friday, February 7th. B. Riley restated a “buy” rating and issued a $90.00 target price (down from $150.00) on shares of e.l.f. Beauty in a research report on Friday, February 7th. Finally, Morgan Stanley restated an “equal weight” rating and set a $70.00 price objective (down from $153.00) on shares of e.l.f. Beauty in a research 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 assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $132.65.

Insider Buying and Selling

In other e.l.f. Beauty news, Director Maureen C. Watson sold 4,000 shares of e.l.f. Beauty stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $67.39, for a total transaction of $269,560.00. Following the transaction, the director now directly owns 1,888 shares of the company’s stock, valued at approximately $127,232.32. The trade was a 67.93 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 3.50% of the stock is currently owned by insiders.

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.