Schwab Charles Investment Management Inc. Has $1.76 Million Position in e.l.f. Beauty Inc (ELF)

Schwab Charles Investment Management Inc. lifted its position in e.l.f. Beauty Inc (NYSE:ELF) by 5.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,153 shares of the company’s stock after purchasing an additional 4,040 shares during the period. Schwab Charles Investment Management Inc. owned about 0.17% of e.l.f. Beauty worth $1,763,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of ELF. Rhumbline Advisers lifted its stake in shares of e.l.f. Beauty by 127.2% in the 2nd quarter. Rhumbline Advisers now owns 23,168 shares of the company’s stock valued at $630,000 after purchasing an additional 12,970 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of e.l.f. Beauty by 75.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 89,706 shares of the company’s stock valued at $2,441,000 after purchasing an additional 38,719 shares during the period. Legal & General Group Plc lifted its stake in shares of e.l.f. Beauty by 63.3% in the 2nd quarter. Legal & General Group Plc now owns 4,155 shares of the company’s stock valued at $112,000 after purchasing an additional 1,610 shares during the period. Neuberger Berman Group LLC lifted its stake in shares of e.l.f. Beauty by 2.5% in the 2nd quarter. Neuberger Berman Group LLC now owns 12,510 shares of the company’s stock valued at $340,000 after purchasing an additional 310 shares during the period. Finally, Swiss National Bank acquired a new position in shares of e.l.f. Beauty in the 2nd quarter valued at $517,000. Hedge funds and other institutional investors own 91.22% of the company’s stock.

Several equities analysts recently issued reports on the stock. DA Davidson decreased their target price on shares of e.l.f. Beauty to $23.00 and set a “buy” rating for the company in a research note on Monday, January 15th. Zacks Investment Research cut shares of e.l.f. Beauty from a “buy” rating to a “hold” rating in a research note on Friday, January 12th. Wells Fargo & Co reiterated a “hold” rating on shares of e.l.f. Beauty in a research note on Monday, January 8th. KeyCorp assumed coverage on shares of e.l.f. Beauty in a research note on Wednesday, December 20th. They issued a “sector weight” rating for the company. Finally, JPMorgan Chase & Co. cut shares of e.l.f. Beauty from a “neutral” rating to an “underweight” rating and set a $18.00 target price for the company. in a research note on Friday, December 15th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $23.31.

Shares of e.l.f. Beauty Inc (ELF) opened at $19.15 on Friday. The company has a market cap of $885.88, a price-to-earnings ratio of 44.53, a P/E/G ratio of 2.88 and a beta of 3.51. The company has a quick ratio of 0.95, a current ratio of 2.17 and a debt-to-equity ratio of 0.89. e.l.f. Beauty Inc has a 1-year low of $18.20 and a 1-year high of $31.10.

e.l.f. Beauty (NYSE:ELF) last issued its quarterly earnings results on Wednesday, November 8th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.03 by $0.14. The company had revenue of $71.90 million during the quarter, compared to analyst estimates of $68.38 million. e.l.f. Beauty had a net margin of 7.02% and a return on equity of 13.90%. The firm’s revenue was up 27.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.09 EPS. analysts expect that e.l.f. Beauty Inc will post 0.35 earnings per share for the current year.

In related news, insider Jonathan T. Fieldman sold 4,137 shares of the business’s stock in a transaction on Thursday, October 26th. The shares were sold at an average price of $23.00, for a total value of $95,151.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 16.50% of the stock is currently owned by insiders.

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e.l.f. Beauty Profile

e.l.f. Beauty, Inc, formerly J.A. Cosmetics Holdings, Inc, is a cosmetic company. The Company conducts its business under the name e.l.f. Cosmetics, and offers products for eyes, lips and face to consumers through its retail customers, e.l.f. stores and e-commerce channels. The Company offers a range of products for eyes, such as eyeshadow, eyeliner, mascara and eyelashes, eyebrows, concealer and primer, brushes and tools, and sets and palettes.

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Institutional Ownership by Quarter for e.l.f. Beauty (NYSE:ELF)

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