Lido Advisors LLC Boosts Stock Position in The Estée Lauder Companies Inc. (NYSE:EL)

Lido Advisors LLC raised its position in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 7.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,472 shares of the company’s stock after buying an additional 298 shares during the period. Lido Advisors LLC’s holdings in Estée Lauder Companies were worth $335,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of EL. Peterson Wealth Services increased its position in Estée Lauder Companies by 9.8% during 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 grew its stake in shares of 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 acquiring an additional 141 shares during the last quarter. Blue Trust Inc. increased its holdings 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 valued at $139,000 after acquiring an additional 148 shares in the last quarter. Smartleaf Asset Management LLC raised its position in shares of Estée Lauder Companies by 47.4% in 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 during the last quarter. Finally, Deseret Mutual Benefit Administrators boosted its stake in 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 purchasing an additional 158 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Estée Lauder Companies news, CFO Akhil Shrivastava acquired 700 shares of the business’s stock in a transaction on Wednesday, February 5th. The stock was bought at an average price of $65.79 per share, for a total transaction of $46,053.00. Following the acquisition, the chief financial officer now owns 2,381 shares in the company, valued at approximately $156,645.99. The trade was a 41.64 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Paul J. Fribourg bought 43,000 shares of the firm’s stock in a transaction 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 directly 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. 12.78% of the stock is currently owned by insiders.

Estée Lauder Companies Stock Down 2.8 %

Shares of EL opened at $57.70 on Tuesday. The firm has a market cap of $20.71 billion, a P/E ratio of -29.59, a PEG ratio of 6.09 and a beta of 1.12. The Estée Lauder Companies Inc. has a 12 month low of $48.37 and a 12 month high of $139.34. The stock’s 50 day moving average is $62.18 and its two-hundred day moving average is $70.31. The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 1.75.

Estée Lauder Companies (NYSE:EL) last released its quarterly earnings results on Thursday, May 1st. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.36. The firm had revenue of $2.66 billion for the quarter, compared to analysts’ expectations of $3.51 billion. Estée Lauder Companies had a negative net margin of 4.61% and a positive return on equity of 16.82%. The firm’s revenue for the quarter was down 9.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.97 EPS. Analysts predict that The Estée Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.

Estée Lauder Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Friday, May 30th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date of this dividend is Friday, May 30th. Estée Lauder Companies’s dividend payout ratio is presently -57.85%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Citigroup dropped their price objective on shares of Estée Lauder Companies from $77.00 to $55.00 and set a “neutral” rating on the stock in a report on Monday, April 14th. Wells Fargo & Company dropped their price target on Estée Lauder Companies from $70.00 to $60.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 16th. Telsey Advisory Group restated a “market perform” rating and issued a $76.00 price objective on shares of Estée Lauder Companies in a research note on Thursday, May 1st. DA Davidson reiterated a “buy” rating and issued a $81.00 target price on shares of Estée Lauder Companies in a research report on Tuesday, February 25th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on shares of Estée Lauder Companies from $80.00 to $78.00 and set a “hold” rating for the company in a research report on Wednesday, January 22nd. Nineteen investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Estée Lauder Companies currently has a consensus rating of “Hold” and a consensus price target of $75.20.

About Estée Lauder Companies

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.