Coty Inc. (NYSE:COTY) insider Laurent Kleitman bought 4,400 shares of the business’s stock in a transaction dated Friday, June 9th. The shares were bought at an average cost of $18.63 per share, with a total value of $81,972.00. Following the purchase, the insider now directly owns 35,400 shares of the company’s stock, valued at $659,502. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Coty Inc. (COTY) traded down 0.05% during midday trading on Wednesday, hitting $18.81. 2,918,617 shares of the company’s stock were exchanged. The stock’s market cap is $14.06 billion. The stock’s 50 day moving average is $18.88 and its 200-day moving average is $18.70. Coty Inc. has a 1-year low of $16.95 and a 1-year high of $30.13.

Coty (NYSE:COTY) last posted its earnings results on Wednesday, May 10th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.04. Coty had a negative net margin of 2.29% and a positive return on equity of 9.12%. The business had revenue of $2.03 million for the quarter, compared to analysts’ expectations of $1.94 billion. During the same period in the previous year, the company posted $0.09 earnings per share. The business’s revenue for the quarter was down 99.8% compared to the same quarter last year. Analysts predict that Coty Inc. will post $0.76 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 13th. Stockholders of record on Wednesday, May 31st were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, May 26th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.66%. Coty’s payout ratio is currently -200.00%.

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Several analysts recently issued reports on the stock. Royal Bank Of Canada reaffirmed a “hold” rating and set a $22.00 price objective on shares of Coty in a research note on Thursday, June 8th. Zacks Investment Research raised shares of Coty from a “sell” rating to a “hold” rating in a research note on Thursday, April 13th. Jefferies Group LLC assumed coverage on shares of Coty in a research note on Friday, June 2nd. They set a “hold” rating and a $17.00 price objective for the company. BMO Capital Markets reaffirmed a “buy” rating and set a $24.00 price objective on shares of Coty in a research note on Tuesday, April 4th. Finally, J P Morgan Chase & Co assumed coverage on shares of Coty in a research note on Tuesday, March 21st. They set an “underweight” rating and a $16.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company. Coty presently has an average rating of “Hold” and an average price target of $23.17.

Coty Company Profile

Coty Inc is a beauty company. The Company operates through four segments: Fragrances, Color Cosmetics, Skin & Body Care and Brazil Acquisition. Its fragrance products include a range of men’s and women’s products. Its fragrance brands include Calvin Klein, Marc Jacobs, Davidoff, Chloe, Balenciaga, Beyonce, Bottega Veneta, Miu Miu and Roberto Cavalli.

Insider Buying and Selling by Quarter for Coty (NYSE:COTY)

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