Comprehensive Financial Consultants Institutional Inc. Buys 449 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

Comprehensive Financial Consultants Institutional Inc. grew its stake in The Estée Lauder Companies Inc. (NYSE:EL) by 3.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,967 shares of the company’s stock after purchasing an additional 449 shares during the period. Comprehensive Financial Consultants Institutional Inc.’s holdings in Estée Lauder Companies were worth $1,193,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in EL. AIA Group Ltd boosted its position in Estée Lauder Companies by 4.9% in the third quarter. AIA Group Ltd now owns 8,500 shares of the company’s stock valued at $847,000 after buying an additional 400 shares in the last quarter. Malaga Cove Capital LLC boosted its holdings in shares of Estée Lauder Companies by 58.6% during the 3rd quarter. Malaga Cove Capital LLC now owns 5,966 shares of the company’s stock valued at $595,000 after acquiring an additional 2,205 shares in the last quarter. Stoneridge Investment Partners LLC bought a new stake in Estée Lauder Companies during the 3rd quarter worth $2,426,000. Impax Asset Management Group plc increased its holdings in Estée Lauder Companies by 21.3% in the 3rd quarter. Impax Asset Management Group plc now owns 83,498 shares of the company’s stock worth $8,324,000 after purchasing an additional 14,688 shares in the last quarter. Finally, Quintet Private Bank Europe S.A. raised its position in Estée Lauder Companies by 11.5% in the third quarter. Quintet Private Bank Europe S.A. now owns 230,731 shares of the company’s stock valued at $23,002,000 after purchasing an additional 23,833 shares during the last quarter. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Estée Lauder Companies Stock Performance

Shares of EL stock opened at $66.31 on Friday. The firm has a 50 day moving average of $88.41 and a 200-day moving average of $104.59. The company has a market cap of $23.79 billion, a price-to-earnings ratio of 118.41, a price-to-earnings-growth ratio of 2.36 and a beta of 1.05. The company has a quick ratio of 0.90, a current ratio of 1.32 and a debt-to-equity ratio of 1.44. The Estée Lauder Companies Inc. has a 52 week low of $62.88 and a 52 week high of $159.75.

Estée Lauder Companies (NYSE:EL) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.05. Estée Lauder Companies had a net margin of 1.31% and a return on equity of 17.31%. The business had revenue of $3.36 billion during the quarter, compared to analysts’ expectations of $3.37 billion. During the same period last year, the company posted $0.11 earnings per share. The business’s quarterly revenue was down 4.5% on a year-over-year basis. On average, equities analysts forecast that The Estée Lauder Companies Inc. will post 2 earnings per share for the current year.

Estée Lauder Companies Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date is Friday, November 29th. Estée Lauder Companies’s dividend payout ratio (DPR) is currently 471.43%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. UBS Group reduced their price target on Estée Lauder Companies from $115.00 to $104.00 and set a “neutral” rating on the stock in a report on Tuesday, August 20th. Raymond James lowered shares of Estée Lauder Companies from a “strong-buy” rating to a “market perform” rating in a report on Monday, July 22nd. StockNews.com cut shares of Estée Lauder Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Barclays cut their price target on shares of Estée Lauder Companies from $136.00 to $117.00 and set an “equal weight” rating on the stock in a report on Friday, July 19th. Finally, DA Davidson restated a “buy” rating and issued a $130.00 price objective on shares of Estée Lauder Companies in a report on Tuesday, October 29th. Nineteen research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $100.90.

Insiders Place Their Bets

In related news, Director Lynn Forester sold 3,890 shares of Estée Lauder Companies stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $93.61, for a total value of $364,142.90. Following the completion of the sale, the director now owns 15,209 shares of the company’s stock, valued at approximately $1,423,714.49. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, Director Lynn Forester sold 3,890 shares of the firm’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $93.61, for a total value of $364,142.90. Following the transaction, the director now owns 15,209 shares of the company’s stock, valued at approximately $1,423,714.49. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Charlene Barshefsky sold 3,437 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $91.93, for a total value of $315,963.41. Following the sale, the director now directly owns 49,800 shares of the company’s stock, valued at $4,578,114. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 18,296 shares of company stock worth $1,423,366. Corporate insiders own 12.78% of the company’s stock.

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.