Elo Mutual Pension Insurance Co Has $1.40 Million Stock Position in The Estée Lauder Companies Inc. (NYSE:EL)

Elo Mutual Pension Insurance Co cut its stake in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 10.0% in the 4th quarter, HoldingsChannel reports. The fund owned 18,619 shares of the company’s stock after selling 2,079 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in Estée Lauder Companies were worth $1,396,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. Ameliora Wealth Management Ltd. acquired a new stake in Estée Lauder Companies during the 4th quarter worth approximately $29,000. Deseret Mutual Benefit Administrators lifted its holdings in shares of Estée Lauder Companies by 68.7% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 388 shares of the company’s stock worth $29,000 after buying an additional 158 shares in the last quarter. Eagle Bay Advisors LLC lifted its holdings in shares of Estée Lauder Companies by 297.0% during the fourth quarter. Eagle Bay Advisors LLC now owns 401 shares of the company’s stock worth $30,000 after buying an additional 300 shares in the last quarter. Golden State Wealth Management LLC bought a new stake in shares of Estée Lauder Companies in the fourth quarter valued at about $30,000. Finally, MassMutual Private Wealth & Trust FSB grew its stake in shares of Estée Lauder Companies by 42.1% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 476 shares of the company’s stock valued at $36,000 after acquiring an additional 141 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Estée Lauder Companies

In other Estée Lauder Companies news, Director Paul J. Fribourg purchased 43,000 shares of the company’s stock in a transaction on Wednesday, February 5th. The shares were purchased at an average cost of $66.35 per share, with a total value of $2,853,050.00. Following the completion of the purchase, the director now owns 430,800 shares in the company, valued at $28,583,580. This represents a 11.09 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Akhil Shrivastava purchased 700 shares of the business’s stock in a transaction on Wednesday, February 5th. The shares were acquired at an average price of $65.79 per share, for a total transaction of $46,053.00. Following the completion of the acquisition, the chief financial officer now directly owns 2,381 shares in the company, valued at approximately $156,645.99. This represents a 41.64 % increase in their position. The disclosure for this purchase can be found here. 12.78% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on EL. Stifel Nicolaus decreased their target price on shares of Estée Lauder Companies from $81.00 to $77.00 and set a “hold” rating on the stock in a research report on Wednesday, February 5th. UBS Group lifted their price objective on Estée Lauder Companies from $74.00 to $80.00 and gave the company a “neutral” rating in a report on Thursday, January 16th. Barclays reduced their target price on Estée Lauder Companies from $71.00 to $64.00 and set an “equal weight” rating on the stock in a report on Thursday, February 6th. Canaccord Genuity Group cut their price objective on shares of Estée Lauder Companies from $76.00 to $70.00 and set a “hold” rating for the company in a research report on Wednesday, February 5th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on shares of Estée Lauder Companies from $80.00 to $78.00 and set a “hold” rating on the stock in a report on Wednesday, January 22nd. Twenty investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Estée Lauder Companies presently has an average rating of “Hold” and an average price target of $86.00.

Estée Lauder Companies Stock Performance

NYSE EL opened at $65.42 on Friday. The company has a market capitalization of $23.48 billion, a price-to-earnings ratio of -33.55, a PEG ratio of 6.09 and a beta of 1.08. The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 1.75. The Estée Lauder Companies Inc. has a twelve month low of $62.29 and a twelve month high of $155.73. The stock has a fifty day simple moving average of $72.02 and a 200 day simple moving average of $77.14.

Estée Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.30. The company had revenue of $4 billion for the quarter, compared to analyst estimates of $3.98 billion. Estée Lauder Companies had a positive return on equity of 16.82% and a negative net margin of 4.61%. The firm’s quarterly revenue was down 6.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.88 earnings per share. Sell-side analysts expect that The Estée Lauder Companies Inc. will post 1.36 EPS for the current year.

Estée Lauder Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Friday, February 28th were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date was Friday, February 28th. Estée Lauder Companies’s dividend payout ratio is presently -71.79%.

Estée Lauder Companies Profile

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.