Coldstream Capital Management Inc. Has $447,000 Position in The Estée Lauder Companies Inc. (NYSE:EL)

Coldstream Capital Management Inc. raised its holdings in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 33.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 5,959 shares of the company’s stock after acquiring an additional 1,495 shares during the period. Coldstream Capital Management Inc.’s holdings in Estée Lauder Companies were worth $447,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in EL. Peterson Wealth Services increased its position in shares of Estée Lauder Companies by 9.8% in the 4th quarter. Peterson Wealth Services now owns 1,506 shares of the company’s stock valued at $113,000 after buying an additional 134 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in shares of Estée Lauder Companies by 42.1% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 476 shares of the company’s stock worth $36,000 after acquiring an additional 141 shares in the last quarter. Blue Trust Inc. raised its position in shares of Estée Lauder Companies by 8.7% during the fourth quarter. Blue Trust Inc. now owns 1,853 shares of the company’s stock worth $139,000 after purchasing an additional 148 shares during the period. Smartleaf Asset Management LLC lifted its holdings in shares of Estée Lauder Companies by 47.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 479 shares of the company’s stock valued at $36,000 after purchasing an additional 154 shares in the last quarter. Finally, Deseret Mutual Benefit Administrators grew its position 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 valued at $29,000 after purchasing an additional 158 shares during the period. Institutional investors own 55.15% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on EL. Barclays reduced their price target on shares of Estée Lauder Companies from $71.00 to $64.00 and set an “equal weight” rating for the company in a report on Thursday, February 6th. Citigroup lowered their target price on Estée Lauder Companies from $77.00 to $55.00 and set a “neutral” rating for the company in a report on Monday, April 14th. Morgan Stanley cut their price target on Estée Lauder Companies from $85.00 to $81.00 and set an “equal weight” rating on the stock in a report on Thursday, February 6th. Royal Bank of Canada reissued an “outperform” rating and issued a $100.00 target price on shares of Estée Lauder Companies in a research report on Friday, January 31st. Finally, UBS Group reduced their price target on Estée Lauder Companies from $75.00 to $60.00 and set a “neutral” rating for the company in a research report on Thursday, April 17th. Nineteen research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $81.19.

Estée Lauder Companies Price Performance

NYSE:EL opened at $59.85 on Thursday. The firm’s fifty day moving average price is $63.13 and its two-hundred day moving average price is $71.28. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.37 and a quick ratio of 0.97. The company has a market cap of $21.48 billion, a P/E ratio of -30.69, a P/E/G ratio of 6.09 and a beta of 1.10. The Estée Lauder Companies Inc. has a one year low of $48.37 and a one year high of $141.00.

Estée Lauder Companies (NYSE:EL) last released its quarterly earnings results on Tuesday, February 4th. The company reported $0.62 earnings per share 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 firm had revenue of $4 billion for the quarter, compared to analysts’ expectations of $3.98 billion. During the same period in the prior year, the firm earned $0.88 EPS. The business’s revenue was down 6.4% on a year-over-year basis. Equities analysts expect that The Estée Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estée Lauder Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Friday, February 28th were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date of this dividend was Friday, February 28th. Estée Lauder Companies’s dividend payout ratio is -71.79%.

Insiders Place Their Bets

In related news, Director Paul J. Fribourg purchased 43,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The stock was acquired at an average cost of $66.35 per share, for a total transaction 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Akhil Shrivastava acquired 700 shares of the stock in a transaction on Wednesday, February 5th. The shares were bought at an average price of $65.79 per share, for a total transaction of $46,053.00. Following the purchase, the chief financial officer now owns 2,381 shares in the company, valued at approximately $156,645.99. This trade represents a 41.64 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 12.78% of the company’s stock.

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.