Advisor Group Inc. increased its stake in Estee Lauder Companies Inc (NYSE:EL) by 3.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 26,864 shares of the company’s stock after buying an additional 948 shares during the period. Advisor Group Inc.’s holdings in Estee Lauder Companies were worth $3,418,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Harvest Fund Management Co. Ltd bought a new stake in shares of Estee Lauder Companies in the fourth quarter worth $126,000. Cerebellum GP LLC bought a new stake in shares of Estee Lauder Companies in the fourth quarter worth $130,000. Winslow Evans & Crocker Inc. increased its stake in shares of Estee Lauder Companies by 2,750.0% in the fourth quarter. Winslow Evans & Crocker Inc. now owns 1,140 shares of the company’s stock worth $145,000 after buying an additional 1,100 shares during the last quarter. CrestPoint Capital Management LLC bought a new stake in shares of Estee Lauder Companies in the fourth quarter worth $204,000. Finally, Keel Point LLC bought a new stake in shares of Estee Lauder Companies in the fourth quarter worth $205,000. Institutional investors and hedge funds own 54.10% of the company’s stock.
EL has been the subject of a number of research analyst reports. Royal Bank of Canada restated an “outperform” rating and issued a $145.00 price target (down previously from $155.00) on shares of Estee Lauder Companies in a research note on Monday, February 5th. Piper Jaffray Companies set a $144.00 price target on shares of Estee Lauder Companies and gave the stock a “buy” rating in a research note on Monday, January 22nd. BMO Capital Markets lifted their price target on shares of Estee Lauder Companies to $140.00 and gave the stock a “market perform” rating in a research note on Wednesday, January 31st. Oppenheimer lifted their price target on shares of Estee Lauder Companies from $130.00 to $148.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 23rd. Finally, Bank of America lifted their price target on shares of Estee Lauder Companies from $152.00 to $160.00 and gave the stock a “buy” rating in a research note on Monday, March 5th. Five equities research analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $131.50.
Estee Lauder Companies Inc (NYSE EL) opened at $145.78 on Wednesday. The company has a market cap of $53,610.00, a PE ratio of 38.98, a PEG ratio of 2.56 and a beta of 0.69. The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.74. Estee Lauder Companies Inc has a 12-month low of $83.34 and a 12-month high of $146.33.
Estee Lauder Companies (NYSE:EL) last released its quarterly earnings results on Friday, February 2nd. The company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.44 by $0.08. The business had revenue of $3.74 billion during the quarter, compared to analyst estimates of $3.68 billion. Estee Lauder Companies had a net margin of 8.43% and a return on equity of 34.86%. The company’s quarterly revenue was up 16.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.22 earnings per share. research analysts expect that Estee Lauder Companies Inc will post 4.36 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Wednesday, February 28th will be given a dividend of $0.38 per share. The ex-dividend date of this dividend is Tuesday, February 27th. This represents a $1.52 annualized dividend and a dividend yield of 1.04%. Estee Lauder Companies’s dividend payout ratio is currently 40.64%.
TRADEMARK VIOLATION WARNING: This report was first published by American Banking News and is owned by of American Banking News. If you are accessing this report on another site, it was illegally stolen and republished in violation of international copyright laws. The original version of this report can be read at https://www.americanbankingnews.com/2018/03/14/estee-lauder-companies-inc-el-shares-bought-by-advisor-group-inc.html.
Estee Lauder Companies Company Profile
The Estee Lauder Companies Inc manufactures and markets skin care, makeup, fragrance and hair care products. The Company offers products, including skin care, makeup, fragrance, hair care and other. The Company operates in beauty products segment. The Company’s products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.
Receive News & Ratings for Estee Lauder Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Estee Lauder Companies and related companies with MarketBeat.com's FREE daily email newsletter.