Edmond DE Rothschild Holding S.A. Has $2.03 Million Stake in The Estée Lauder Companies Inc. (NYSE:EL)

Edmond DE Rothschild Holding S.A. reduced its stake in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 48.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 27,078 shares of the company’s stock after selling 25,910 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Estée Lauder Companies were worth $2,030,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of EL. Ameliora Wealth Management Ltd. purchased a new stake in Estée Lauder Companies in the 4th quarter valued at $29,000. Deseret Mutual Benefit Administrators grew its stake in shares of Estée Lauder Companies by 68.7% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 388 shares of the company’s stock worth $29,000 after acquiring an additional 158 shares in the last quarter. Golden State Wealth Management LLC purchased a new stake in shares of Estée Lauder Companies in the fourth quarter valued at about $30,000. Eagle Bay Advisors LLC lifted its position in shares of Estée Lauder Companies by 297.0% during the fourth quarter. Eagle Bay Advisors LLC now owns 401 shares of the company’s stock valued at $30,000 after purchasing an additional 300 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in Estée Lauder Companies by 42.1% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 476 shares of the company’s stock worth $36,000 after purchasing an additional 141 shares during the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Estée Lauder Companies

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

Analyst Ratings Changes

EL has been the topic of several recent analyst reports. Canaccord Genuity Group dropped their target price on shares of Estée Lauder Companies from $76.00 to $70.00 and set a “hold” rating on the stock in a research report on Wednesday, February 5th. JPMorgan Chase & Co. lifted their price target on Estée Lauder Companies from $74.00 to $79.00 and gave the stock a “neutral” rating in a report on Thursday, January 16th. Royal Bank of Canada restated an “outperform” rating and issued a $100.00 price objective on shares of Estée Lauder Companies in a research note on Friday, January 31st. Barclays lowered their target price on Estée Lauder Companies from $71.00 to $64.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 6th. Finally, Wells Fargo & Company increased their price target on shares of Estée Lauder Companies from $74.00 to $80.00 and gave the company an “equal weight” rating in a research report on Thursday, January 30th. Twenty investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $86.00.

Estée Lauder Companies Stock Up 0.9 %

EL stock opened at $66.01 on Tuesday. The stock has a 50-day simple moving average of $71.78 and a two-hundred day simple moving average of $76.96. The Estée Lauder Companies Inc. has a twelve month low of $62.29 and a twelve month high of $155.73. The firm has a market capitalization of $23.70 billion, a PE ratio of -33.85, a PEG ratio of 6.09 and a beta of 1.08. The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 1.75.

Estée Lauder Companies (NYSE:EL) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.62 EPS for the quarter, beating the consensus estimate 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 quarter in the previous year, the company earned $0.88 earnings per share. Estée Lauder Companies’s revenue for the quarter was down 6.4% on a year-over-year basis. On average, equities analysts predict 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 was paid on Monday, March 17th. Investors of record on Friday, February 28th were given a $0.35 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.12%. Estée Lauder Companies’s dividend payout ratio (DPR) is presently -71.79%.

Estée Lauder Companies 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.