Coty Inc. (NYSE:COTY) Shares Acquired by Compass Wealth Management LLC

Compass Wealth Management LLC lifted its holdings in shares of Coty Inc. (NYSE:COTY) by 12.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 590,725 shares of the company’s stock after buying an additional 65,900 shares during the quarter. Coty makes up approximately 1.3% of Compass Wealth Management LLC’s investment portfolio, making the stock its 26th largest position. Compass Wealth Management LLC owned approximately 0.07% of Coty worth $5,547,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in COTY. Point72 Asset Management L.P. raised its stake in shares of Coty by 789.3% during the 2nd quarter. Point72 Asset Management L.P. now owns 5,582,064 shares of the company’s stock worth $55,932,000 after buying an additional 4,954,362 shares during the period. SG Americas Securities LLC raised its stake in Coty by 1,798.5% in the 3rd quarter. SG Americas Securities LLC now owns 1,847,328 shares of the company’s stock valued at $17,346,000 after purchasing an additional 1,750,021 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in Coty by 733.0% in the 2nd quarter. Assenagon Asset Management S.A. now owns 1,900,000 shares of the company’s stock valued at $19,038,000 after purchasing an additional 1,671,897 shares during the last quarter. Vaughan Nelson Investment Management L.P. raised its stake in Coty by 78.4% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 3,174,872 shares of the company’s stock valued at $37,972,000 after purchasing an additional 1,395,230 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Coty by 10.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 9,387,661 shares of the company’s stock valued at $94,068,000 after purchasing an additional 890,626 shares during the last quarter. 42.36% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently commented on COTY. JPMorgan Chase & Co. reduced their price objective on Coty from $11.00 to $10.00 and set a “neutral” rating for the company in a research note on Tuesday. Jefferies Financial Group dropped their target price on Coty from $12.00 to $11.00 and set a “buy” rating for the company in a report on Wednesday. Raymond James dropped their target price on Coty from $14.00 to $13.00 and set an “outperform” rating for the company in a report on Tuesday. DA Davidson dropped their target price on Coty from $17.00 to $14.50 and set a “buy” rating for the company in a report on Wednesday. Finally, Barclays dropped their target price on Coty from $10.00 to $8.00 and set an “equal weight” rating for the company in a report on Wednesday. Seven investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $12.15.

Coty Stock Down 2.6 %

Shares of NYSE COTY traded down $0.21 during midday trading on Thursday, hitting $7.78. 3,764,211 shares of the company’s stock were exchanged, compared to its average volume of 4,013,126. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.75 and a quick ratio of 0.46. Coty Inc. has a twelve month low of $7.75 and a twelve month high of $13.30. The company has a market cap of $6.75 billion, a PE ratio of 34.72, a P/E/G ratio of 0.67 and a beta of 1.89. The firm’s fifty day simple moving average is $9.23 and its 200-day simple moving average is $10.01.

Coty (NYSE:COTY) last issued its earnings results on Tuesday, August 20th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.07). The business had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.38 billion. Coty had a return on equity of 8.05% and a net margin of 1.46%. Coty’s revenue was up .9% on a year-over-year basis. During the same period last year, the business posted $0.01 EPS. Research analysts predict that Coty Inc. will post 0.56 EPS for the current fiscal year.

Coty Company Profile

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.