Blueshift Asset Management LLC Takes $1.45 Million Position in The Estée Lauder Companies Inc. (NYSE:EL)

Blueshift Asset Management LLC bought a new stake in shares of The Estée Lauder Companies Inc. (NYSE:EL) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 19,367 shares of the company’s stock, valued at approximately $1,452,000.

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

Insider Activity at Estée Lauder Companies

In other news, Director Paul J. Fribourg purchased 43,000 shares of the stock in a transaction on Wednesday, February 5th. The stock was bought at an average price of $66.35 per share, with a total value of $2,853,050.00. Following the transaction, the director now owns 430,800 shares in the company, valued at $28,583,580. The trade was a 11.09 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Akhil Shrivastava acquired 700 shares of the business’s stock in a transaction dated Wednesday, February 5th. The stock was purchased at an average cost 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 of the company’s stock, valued at approximately $156,645.99. This trade represents a 41.64 % increase in their position. The disclosure for this purchase can be found here. 12.78% of the stock is currently owned by corporate insiders.

Estée Lauder Companies Price Performance

EL opened at $67.68 on Thursday. The firm has a market capitalization of $24.30 billion, a PE ratio of -34.71, a price-to-earnings-growth ratio of 6.09 and a beta of 1.08. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.37 and a quick ratio of 0.97. The business’s 50-day moving average is $73.21 and its two-hundred day moving average is $78.25. The Estée Lauder Companies Inc. has a 1 year low of $62.29 and a 1 year high of $155.73.

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 the consensus estimate of $0.32 by $0.30. Estée Lauder Companies had a negative net margin of 4.61% and a positive return on equity of 16.82%. The firm had revenue of $4 billion during the quarter, compared to analyst estimates of $3.98 billion. During the same quarter in the previous year, the business posted $0.88 EPS. Estée Lauder Companies’s revenue was down 6.4% on a year-over-year basis. Research analysts anticipate that The Estée Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.

Estée Lauder Companies Announces Dividend

The firm 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. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.40 annualized dividend and a yield of 2.07%. Estée Lauder Companies’s dividend payout ratio (DPR) is -71.79%.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. UBS Group upped their target price on Estée Lauder Companies from $74.00 to $80.00 and gave the company a “neutral” rating in a research note on Thursday, January 16th. Canaccord Genuity Group cut their price objective on Estée Lauder Companies from $76.00 to $70.00 and set a “hold” rating on the stock in a research report on Wednesday, February 5th. Telsey Advisory Group reiterated a “market perform” rating and issued a $76.00 target price on shares of Estée Lauder Companies in a research note on Tuesday, February 4th. JPMorgan Chase & Co. boosted their target price on shares of Estée Lauder Companies from $74.00 to $79.00 and gave the company a “neutral” rating in a research note on Thursday, January 16th. Finally, Wells Fargo & Company raised their price target on shares of Estée Lauder Companies from $74.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 30th. Twenty investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $86.00.

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.