Acropolis Investment Management LLC Sells 687 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

Acropolis Investment Management LLC trimmed its holdings in The Estée Lauder Companies Inc. (NYSE:EL) by 26.7% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,882 shares of the company’s stock after selling 687 shares during the quarter. Acropolis Investment Management LLC’s holdings in Estée Lauder Companies were worth $188,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Rothschild Investment LLC bought a new stake in shares of Estée Lauder Companies during the 2nd quarter valued at about $30,000. PARK CIRCLE Co purchased a new position in shares of Estée Lauder Companies during the 2nd quarter valued at about $32,000. Kimelman & Baird LLC purchased a new position in shares of Estée Lauder Companies during the 2nd quarter valued at about $32,000. Ashton Thomas Securities LLC purchased a new position in shares of Estée Lauder Companies during the 3rd quarter valued at about $31,000. Finally, Chilton Capital Management LLC lifted its position in shares of Estée Lauder Companies by 63.9% during the 2nd quarter. Chilton Capital Management LLC now owns 431 shares of the company’s stock valued at $46,000 after buying an additional 168 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Estée Lauder Companies

In other Estée Lauder Companies news, CEO Fabrizio Freda sold 10,969 shares of the company’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $67.76, for a total value of $743,259.44. Following the transaction, the chief executive officer now owns 295,838 shares of the company’s stock, valued at $20,045,982.88. This represents a 3.58 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Paul J. Fribourg acquired 77,500 shares of the business’s stock in a transaction on Friday, November 15th. The stock was acquired at an average cost of $64.01 per share, for a total transaction of $4,960,775.00. Following the transaction, the director now directly owns 234,500 shares in the company, valued at $15,010,345. The trade was a 49.36 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 12.78% of the stock is currently owned by corporate insiders.

Estée Lauder Companies Stock Performance

NYSE EL opened at $72.12 on Friday. The company has a market cap of $25.89 billion, a P/E ratio of 128.79, a P/E/G ratio of 4.79 and a beta of 1.05. 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 business’s 50 day moving average price is $81.43 and its 200-day moving average price is $96.20. 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 earnings results on Thursday, October 31st. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.05. The firm had revenue of $3.36 billion for 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%. The company’s revenue for the quarter was down 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.11 EPS. Sell-side analysts predict that The Estée Lauder Companies Inc. will post 1.48 earnings per share for the current year.

Estée Lauder Companies Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.94%. The ex-dividend date of this dividend is Friday, November 29th. Estée Lauder Companies’s dividend payout ratio (DPR) is presently 250.00%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on EL. Hsbc Global Res cut Estée Lauder Companies from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 16th. JPMorgan Chase & Co. cut Estée Lauder Companies from an “overweight” rating to a “neutral” rating and lowered their price target for the stock from $113.00 to $74.00 in a report on Friday, November 1st. StockNews.com cut Estée Lauder Companies from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Bank of America lowered their price target on Estée Lauder Companies from $100.00 to $75.00 and set a “neutral” rating on the stock in a report on Friday, November 1st. Finally, Stifel Nicolaus cut Estée Lauder Companies from a “buy” rating to a “hold” rating and set a $125.00 price target on the stock. in a report on Thursday, October 31st. Nineteen research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Estée Lauder Companies presently has an average rating of “Hold” and a consensus target price of $98.57.

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.