Coty Inc. (NYSE:COTY) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC decreased its holdings in Coty Inc. (NYSE:COTY) by 0.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,503,389 shares of the company’s stock after selling 10,593 shares during the period. Segall Bryant & Hamill LLC’s holdings in Coty were worth $10,464,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. State Street Corp increased its holdings in shares of Coty by 2.3% in the third quarter. State Street Corp now owns 11,043,208 shares of the company’s stock valued at $103,696,000 after purchasing an additional 251,964 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Coty by 16.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 743,445 shares of the company’s stock valued at $6,981,000 after buying an additional 107,014 shares in the last quarter. Barclays PLC grew its holdings in Coty by 147.1% in the 3rd quarter. Barclays PLC now owns 1,165,806 shares of the company’s stock valued at $10,947,000 after buying an additional 693,961 shares in the last quarter. TCW Group Inc. increased its stake in shares of Coty by 44.1% in the 4th quarter. TCW Group Inc. now owns 304,797 shares of the company’s stock worth $2,121,000 after acquiring an additional 93,229 shares during the last quarter. Finally, Amundi raised its holdings in shares of Coty by 1,990,624.9% during the 4th quarter. Amundi now owns 4,479,131 shares of the company’s stock worth $30,503,000 after acquiring an additional 4,478,906 shares during the period. 42.36% of the stock is owned by hedge funds and other institutional investors.

Coty Trading Down 0.6 %

Shares of COTY stock opened at $5.45 on Thursday. The stock has a market capitalization of $4.75 billion, a P/E ratio of -544.50, a price-to-earnings-growth ratio of 0.81 and a beta of 1.97. Coty Inc. has a fifty-two week low of $5.35 and a fifty-two week high of $11.99. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.45 and a current ratio of 0.71. The company has a 50 day moving average price of $6.21 and a 200 day moving average price of $7.27.

Coty (NYSE:COTY) last posted its quarterly earnings data on Monday, February 10th. The company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.11). Coty had a return on equity of 6.34% and a net margin of 0.22%. Equities research analysts predict that Coty Inc. will post 0.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on COTY. Citigroup upgraded shares of Coty from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $7.00 to $8.00 in a research report on Thursday, March 20th. Morgan Stanley reduced their price target on shares of Coty from $9.00 to $7.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 12th. Royal Bank of Canada reiterated an “outperform” rating and issued a $13.00 price objective on shares of Coty in a research report on Wednesday, February 12th. The Goldman Sachs Group reduced their target price on Coty from $9.00 to $8.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 12th. Finally, Evercore ISI lowered their price target on Coty from $15.00 to $10.00 and set an “outperform” rating for the company in a report on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $9.66.

About Coty

Coty Inc, together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. It operates through Prestige and Consumer Beauty segments. The company provides fragrance, color cosmetics, and skin and body care products. It offers Prestige segment products primarily through prestige retailers, including perfumeries, department stores, e-retailers, direct-to-consumer websites, and duty-free shops under the Burberry, Calvin Klein, Chloe, Davidoff, Escada, Gucci, Hugo Boss, Jil Sander, Joop!, Kylie Jenner, Lancaster, Marc Jacobs, Miu Miu, Orveda, philosophy, SKKN BY KIM, and Tiffany & Co brands.