Comprehensive Financial Consultants Institutional Inc. Buys 2,887 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

Comprehensive Financial Consultants Institutional Inc. increased its stake in The Estée Lauder Companies Inc. (NYSE:EL) by 24.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,854 shares of the company’s stock after purchasing an additional 2,887 shares during the period. Comprehensive Financial Consultants Institutional Inc.’s holdings in Estée Lauder Companies were worth $1,114,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of EL. Massachusetts Financial Services Co. MA raised its position in shares of Estée Lauder Companies by 79.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,723,746 shares of the company’s stock worth $570,600,000 after acquiring an additional 2,533,006 shares during the last quarter. Two Sigma Advisers LP increased its position in Estée Lauder Companies by 80.8% in the third quarter. Two Sigma Advisers LP now owns 2,934,200 shares of the company’s stock worth $292,510,000 after purchasing an additional 1,310,900 shares during the period. Van ECK Associates Corp raised its holdings in Estée Lauder Companies by 36.4% during the 3rd quarter. Van ECK Associates Corp now owns 4,041,911 shares of the company’s stock worth $402,938,000 after purchasing an additional 1,078,926 shares during the last quarter. Worldquant Millennium Advisors LLC lifted its position in Estée Lauder Companies by 695.4% during the 3rd quarter. Worldquant Millennium Advisors LLC now owns 1,123,427 shares of the company’s stock valued at $111,994,000 after purchasing an additional 982,183 shares during the period. Finally, Nuance Investments LLC boosted its stake in shares of Estée Lauder Companies by 1,127.5% in the 3rd quarter. Nuance Investments LLC now owns 1,059,080 shares of the company’s stock valued at $105,580,000 after purchasing an additional 972,799 shares during the last quarter. Institutional investors and hedge funds own 55.15% of the company’s stock.

Insiders Place Their Bets

In other news, Director Paul J. Fribourg acquired 75,500 shares of the stock in a transaction dated Monday, November 18th. The shares were bought at an average cost of $64.93 per share, for a total transaction of $4,902,215.00. Following the purchase, the director now directly owns 310,000 shares of the company’s stock, valued at approximately $20,128,300. This trade represents a 32.20 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 12.78% of the company’s stock.

Estée Lauder Companies Trading Down 2.3 %

Shares of NYSE:EL opened at $83.51 on Friday. The company’s 50-day moving average price is $77.10 and its two-hundred day moving average price is $84.06. The Estée Lauder Companies Inc. has a one year low of $62.29 and a one year high of $159.75. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.32 and a quick ratio of 0.90. The stock has a market capitalization of $29.98 billion, a PE ratio of 149.13, a price-to-earnings-growth ratio of 5.85 and a beta of 1.02.

Estée Lauder Companies (NYSE:EL) last released its earnings results on Thursday, October 31st. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.05. The business had revenue of $3.36 billion for the quarter, compared to analyst estimates of $3.37 billion. Estée Lauder Companies had a return on equity of 17.31% and a net margin of 1.31%. Estée Lauder Companies’s revenue was down 4.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.11 earnings per share. On average, equities analysts forecast that The Estée Lauder Companies Inc. will post 1.49 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on EL shares. Morgan Stanley dropped their price target on shares of Estée Lauder Companies from $100.00 to $85.00 and set an “equal weight” rating for the company in a research note on Friday, November 1st. Bank of America decreased their target price on Estée Lauder Companies from $100.00 to $75.00 and set a “neutral” rating for the company in a research report on Friday, November 1st. B. Riley cut their price target on shares of Estée Lauder Companies from $95.00 to $70.00 and set a “neutral” rating on the stock in a research report on Monday, November 4th. The Goldman Sachs Group decreased their price objective on shares of Estée Lauder Companies from $100.00 to $75.00 and set a “neutral” rating for the company in a report on Friday, November 1st. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $100.00 price objective on shares of Estée Lauder Companies in a research note on Friday. Twenty analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Estée Lauder Companies currently has a consensus rating of “Hold” and a consensus target price of $92.95.

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.