2,971 Shares in The Estée Lauder Companies Inc. (NYSE:EL) Bought by MONECO Advisors LLC

MONECO Advisors LLC bought a new position in shares of The Estée Lauder Companies Inc. (NYSE:EL) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,971 shares of the company’s stock, valued at approximately $223,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Ameliora Wealth Management Ltd. acquired a new position in Estée Lauder Companies in the fourth quarter valued at $29,000. Deseret Mutual Benefit Administrators boosted its stake in Estée Lauder Companies by 68.7% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 388 shares of the company’s stock valued at $29,000 after acquiring an additional 158 shares in the last quarter. Eagle Bay Advisors LLC boosted its stake in Estée Lauder Companies by 297.0% in the fourth quarter. Eagle Bay Advisors LLC now owns 401 shares of the company’s stock valued at $30,000 after acquiring an additional 300 shares in the last quarter. Golden State Wealth Management LLC acquired a new position in Estée Lauder Companies in the fourth quarter valued at $30,000. Finally, Ashton Thomas Securities LLC acquired a new position in Estée Lauder Companies in the third quarter valued at $31,000. Institutional investors and hedge funds own 55.15% of the company’s stock.

Insider Transactions at Estée Lauder Companies

In other Estée Lauder Companies news, CFO Akhil Shrivastava acquired 700 shares of the company’s stock in a transaction dated Wednesday, February 5th. The stock was acquired at an average cost of $65.79 per share, with a total value of $46,053.00. Following the purchase, the chief financial officer now directly owns 2,381 shares in the company, valued at approximately $156,645.99. This trade represents a 41.64 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, Director Paul J. Fribourg acquired 43,000 shares of the company’s stock in a transaction dated Wednesday, February 5th. The shares were acquired at an average cost of $66.35 per share, with a total value of $2,853,050.00. Following the completion of the purchase, the director now owns 430,800 shares in the company, valued at approximately $28,583,580. This represents a 11.09 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 12.78% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on EL shares. CICC Research started coverage on shares of Estée Lauder Companies in a research note on Friday, December 27th. They set a “market perform” rating and a $82.00 target price for the company. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Estée Lauder Companies from $80.00 to $78.00 and set a “hold” rating for the company in a research note on Wednesday, January 22nd. Wells Fargo & Company increased their target price on shares of Estée Lauder Companies from $74.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 30th. Barclays decreased their target price on shares of Estée Lauder Companies from $71.00 to $64.00 and set an “equal weight” rating for the company in a research note on Thursday, February 6th. Finally, Canaccord Genuity Group decreased their target price on shares of Estée Lauder Companies from $76.00 to $70.00 and set a “hold” rating for the company in a research note on Wednesday, February 5th. Twenty investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Estée Lauder Companies has a consensus rating of “Hold” and a consensus price target of $86.00.

Estée Lauder Companies Trading Down 0.5 %

Shares of Estée Lauder Companies stock opened at $74.69 on Wednesday. The Estée Lauder Companies Inc. has a 12-month low of $62.29 and a 12-month high of $159.54. The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 1.75. The stock has a market cap of $26.81 billion, a PE ratio of -38.30, a price-to-earnings-growth ratio of 6.09 and a beta of 1.03. The company has a 50-day moving average of $74.67 and a two-hundred day moving average of $80.67.

Estée Lauder Companies (NYSE:EL) last issued its earnings results on Tuesday, February 4th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.30. Estée Lauder Companies had a negative net margin of 4.61% and a positive return on equity of 16.82%. The company had revenue of $4 billion during the quarter, compared to analysts’ expectations of $3.98 billion. During the same period last year, the company posted $0.88 earnings per share. The firm’s quarterly revenue was down 6.4% compared to the same quarter last year. On average, research analysts anticipate that The Estée Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estée Lauder Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.35 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.87%. Estée Lauder Companies’s dividend payout ratio (DPR) is -71.79%.

Estée Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, and powders, as well as compacts, brushes, and other makeup tools.