Coty Inc. (NYSE:COTY) Director Robert S. Singer purchased 20,000 shares of the stock in a transaction that occurred on Wednesday, September 6th. The stock was purchased at an average price of $16.51 per share, for a total transaction of $330,200.00. Following the acquisition, the director now owns 130,000 shares in the company, valued at $2,146,300. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of Coty Inc. (COTY) traded up 0.73% on Friday, hitting $16.47. The company’s stock had a trading volume of 4,397,025 shares. The company’s market cap is $12.33 billion. The stock’s 50 day moving average is $18.63 and its 200-day moving average is $18.61. Coty Inc. has a 52 week low of $15.83 and a 52 week high of $25.34.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 14th. Investors of record on Friday, September 1st will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date of this dividend is Wednesday, August 30th. Coty’s dividend payout ratio is -87.72%.

COPYRIGHT VIOLATION NOTICE: “Robert S. Singer Purchases 20,000 Shares of Coty Inc. (COTY) Stock” was first posted by American Banking News and is the property of of American Banking News. If you are accessing this piece of content on another site, it was stolen and republished in violation of international copyright and trademark law. The legal version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/09/08/robert-s-singer-purchases-20000-shares-of-coty-inc-coty-stock.html.

A number of equities research analysts recently issued reports on the company. Zacks Investment Research lowered Coty from a “hold” rating to a “sell” rating in a research note on Friday, August 25th. BidaskClub raised Coty from a “strong sell” rating to a “sell” rating in a research note on Thursday, July 27th. KeyCorp reaffirmed a “hold” rating on shares of Coty in a research note on Friday, August 25th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $22.00 target price on shares of Coty in a research note on Thursday, June 8th. Finally, Jefferies Group LLC assumed coverage on Coty in a research note on Friday, June 2nd. They issued a “hold” rating and a $17.00 target price on the stock. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the stock. Coty has an average rating of “Hold” and an average target price of $20.54.

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)

Receive News & Ratings for Coty Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coty Inc. and related companies with MarketBeat.com's FREE daily email newsletter.