Voya Investment Management LLC purchased a new stake in shares of e.l.f. Beauty Inc. (NYSE:ELF) in the second quarter, according to its most recent filing with the SEC. The firm purchased 9,371 shares of the company’s stock, valued at approximately $255,000.

Several other hedge funds also recently bought and sold shares of the company. Neuberger Berman Group LLC lifted its position in shares of e.l.f. Beauty by 2.5% during the 2nd quarter. Neuberger Berman Group LLC now owns 12,510 shares of the company’s stock valued at $340,000 after acquiring an additional 310 shares during the period. Schwab Charles Investment Management Inc. lifted its position in shares of e.l.f. Beauty by 4.9% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 29,556 shares of the company’s stock valued at $852,000 after acquiring an additional 1,368 shares during the period. Legal & General Group Plc lifted its position in shares of e.l.f. Beauty by 63.3% during the 2nd quarter. Legal & General Group Plc now owns 4,155 shares of the company’s stock valued at $112,000 after acquiring an additional 1,610 shares during the period. Geode Capital Management LLC lifted its position in shares of e.l.f. Beauty by 2.2% during the 1st quarter. Geode Capital Management LLC now owns 100,544 shares of the company’s stock valued at $2,895,000 after acquiring an additional 2,145 shares during the period. Finally, Citigroup Inc. lifted its position in shares of e.l.f. Beauty by 130.5% during the 2nd quarter. Citigroup Inc. now owns 5,662 shares of the company’s stock valued at $154,000 after acquiring an additional 3,206 shares during the period. Institutional investors own 87.01% of the company’s stock.

e.l.f. Beauty Inc. (ELF) opened at $19.57 on Friday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.95 and a current ratio of 2.17. e.l.f. Beauty Inc. has a 12-month low of $18.52 and a 12-month high of $32.54. The stock has a market capitalization of $889.58, a P/E ratio of 44.72, a P/E/G ratio of 2.84 and a beta of 3.53.

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

In other e.l.f. Beauty news, insider Scott Milsten sold 5,172 shares of the business’s stock in a transaction on Monday, September 25th. The stock was sold at an average price of $19.52, for a total value of $100,957.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 disclosure for this sale can be found here. Insiders own 16.50% of the company’s stock.

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A number of equities research analysts have recently issued reports on the stock. Morgan Stanley reduced their price target on shares of e.l.f. Beauty from $23.00 to $21.00 and set an “equal weight” rating for the company in a research report on Thursday, November 9th. Stifel Nicolaus set a $25.00 price target on shares of e.l.f. Beauty and gave the company a “hold” rating in a research report on Thursday, August 10th. Citigroup Inc. reduced their price target on shares of e.l.f. Beauty from $30.00 to $24.00 and set a “buy” rating for the company in a research report on Friday, November 10th. Zacks Investment Research upgraded shares of e.l.f. Beauty from a “sell” rating to a “hold” rating in a research report on Monday. Finally, Cowen and Company reiterated an “outperform” rating and set a $22.00 price target (down from $34.00) on shares of e.l.f. Beauty in a research report on Thursday, November 9th. Five investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. e.l.f. Beauty presently has a consensus rating of “Buy” and a consensus price target of $24.27.

About e.l.f. Beauty

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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