Magnolia Capital Advisors LLC Raises Holdings in The Estée Lauder Companies Inc. (NYSE:EL)

Magnolia Capital Advisors LLC boosted its stake in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 86.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,164 shares of the company’s stock after purchasing an additional 3,790 shares during the quarter. Magnolia Capital Advisors LLC’s holdings in Estée Lauder Companies were worth $612,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Centre Asset Management LLC acquired a new stake in shares of Estée Lauder Companies in the 4th quarter valued at about $8,585,000. Franklin Resources Inc. boosted its position in shares of Estée Lauder Companies by 47.5% in the 3rd quarter. Franklin Resources Inc. now owns 141,804 shares of the company’s stock valued at $13,392,000 after purchasing an additional 45,687 shares during the period. Harrell Investment Partners LLC boosted its position in shares of Estée Lauder Companies by 52.1% in the 4th quarter. Harrell Investment Partners LLC now owns 10,285 shares of the company’s stock valued at $771,000 after purchasing an additional 3,524 shares during the period. Paloma Partners Management Co boosted its position in shares of Estée Lauder Companies by 729.4% in the 3rd quarter. Paloma Partners Management Co now owns 47,500 shares of the company’s stock valued at $4,735,000 after purchasing an additional 41,773 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its position in shares of Estée Lauder Companies by 79.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,723,746 shares of the company’s stock valued at $570,600,000 after purchasing an additional 2,533,006 shares during the period. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Insider Transactions at Estée Lauder Companies

In other news, Director Paul J. Fribourg bought 77,500 shares of Estée Lauder Companies stock in a transaction that occurred on Friday, November 15th. The shares were purchased at an average price of $64.01 per share, for a total transaction of $4,960,775.00. Following the completion of the acquisition, the director now owns 234,500 shares of the company’s stock, valued at $15,010,345. The trade was a 49.36 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 12.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on EL shares. UBS Group increased their price objective on Estée Lauder Companies from $74.00 to $80.00 and gave the stock a “neutral” rating in a research report on Thursday, January 16th. JPMorgan Chase & Co. increased their price objective on Estée Lauder Companies from $74.00 to $79.00 and gave the stock a “neutral” rating in a research report on Thursday, January 16th. Barclays increased their price objective on Estée Lauder Companies from $63.00 to $71.00 and gave the stock an “equal weight” rating in a research report on Friday, January 17th. The Goldman Sachs Group decreased their price objective 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. Finally, Canaccord Genuity Group cut their target price on Estée Lauder Companies from $100.00 to $75.00 and set a “hold” rating for the company in a research note on Friday, November 1st. Twenty investment analysts have rated the stock with a hold rating and four have assigned 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 $92.95.

Estée Lauder Companies Stock Performance

Estée Lauder Companies stock opened at $83.51 on Monday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.90 and a current ratio of 1.32. The stock has a fifty day moving average of $77.10 and a two-hundred day moving average of $83.95. The company has a market capitalization of $29.98 billion, a price-to-earnings ratio of 149.13, a PEG ratio of 5.89 and a beta of 1.03. The Estée Lauder Companies Inc. has a fifty-two week low of $62.29 and a fifty-two week high of $159.75.

Estée Lauder Companies (NYSE:EL) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.05. The company had revenue of $3.36 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter last year, the business posted $0.11 earnings per share. On average, analysts anticipate that The Estée Lauder Companies Inc. will post 1.5 EPS for the current fiscal year.

About Estée Lauder Companies

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.