11,637 Shares in Coty Inc. (NYSE:COTY) Purchased by Capstone Investment Advisors LLC

Capstone Investment Advisors LLC purchased a new stake in Coty Inc. (NYSE:COTY) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 11,637 shares of the company’s stock, valued at approximately $109,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of COTY. Blue Trust Inc. lifted its position in shares of Coty by 330.3% during the 3rd quarter. Blue Trust Inc. now owns 3,107 shares of the company’s stock worth $31,000 after purchasing an additional 2,385 shares during the last quarter. Quent Capital LLC boosted its stake in shares of Coty by 1,448.8% during the second quarter. Quent Capital LLC now owns 5,142 shares of the company’s stock worth $52,000 after buying an additional 4,810 shares during the period. WealthShield Partners LLC acquired a new stake in Coty during the 2nd quarter worth approximately $100,000. Fifth Third Wealth Advisors LLC purchased a new position in Coty in the 2nd quarter valued at $107,000. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Coty by 9.8% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 12,388 shares of the company’s stock valued at $124,000 after acquiring an additional 1,104 shares in the last quarter. 42.36% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

COTY has been the topic of a number of analyst reports. Royal Bank of Canada restated an “outperform” rating and issued a $14.00 price target on shares of Coty in a research note on Tuesday, October 15th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Coty from $14.00 to $12.00 and set a “buy” rating on the stock in a research report on Wednesday, October 16th. JPMorgan Chase & Co. decreased their price objective on Coty from $11.00 to $10.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 15th. TD Cowen cut shares of Coty from a “buy” rating to a “hold” rating and lowered their target price for the stock from $11.00 to $8.50 in a research note on Wednesday, November 13th. Finally, Citigroup lowered their price target on Coty from $10.50 to $10.00 and set a “neutral” rating for the company in a report on Monday, October 14th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, Coty presently has an average rating of “Moderate Buy” and a consensus price target of $11.56.

Coty Stock Down 0.3 %

NYSE:COTY opened at $7.39 on Monday. Coty Inc. has a one year low of $6.93 and a one year high of $13.30. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.55 and a current ratio of 0.85. The company has a market capitalization of $6.43 billion, a price-to-earnings ratio of 43.47, a price-to-earnings-growth ratio of 0.73 and a beta of 1.91. The stock has a 50-day simple moving average of $8.02 and a 200 day simple moving average of $9.16.

Coty (NYSE:COTY) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.04). The business had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.67 billion. Coty had a net margin of 2.78% and a return on equity of 9.16%. Coty’s quarterly revenue was up 1.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.09 EPS. Sell-side analysts predict that Coty Inc. will post 0.51 EPS for the current fiscal year.

Coty Profile

Coty Inc, together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. It operates through Prestige and Consumer Beauty segments. The company provides fragrance, color cosmetics, and skin and body care products. It offers Prestige segment products primarily through prestige retailers, including perfumeries, department stores, e-retailers, direct-to-consumer websites, and duty-free shops under the Burberry, Calvin Klein, Chloe, Davidoff, Escada, Gucci, Hugo Boss, Jil Sander, Joop!, Kylie Jenner, Lancaster, Marc Jacobs, Miu Miu, Orveda, philosophy, SKKN BY KIM, and Tiffany & Co brands.