Baader Bank Aktiengesellschaft Decreases Position in The Estée Lauder Companies Inc. (NYSE:EL)

Baader Bank Aktiengesellschaft lessened its stake in The Estée Lauder Companies Inc. (NYSE:EL) by 28.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,939 shares of the company’s stock after selling 1,159 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in Estée Lauder Companies were worth $220,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. AQR Capital Management LLC increased its stake in shares of Estée Lauder Companies by 103.3% in the second quarter. AQR Capital Management LLC now owns 60,141 shares of the company’s stock worth $6,285,000 after purchasing an additional 30,562 shares in the last quarter. Cetera Investment Advisers grew its stake in Estée Lauder Companies by 24.5% in the 2nd quarter. Cetera Investment Advisers now owns 31,051 shares of the company’s stock valued at $3,304,000 after buying an additional 6,102 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in Estée Lauder Companies during the 2nd quarter valued at $3,868,000. Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of Estée Lauder Companies by 11,769.4% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 52,700 shares of the company’s stock worth $5,607,000 after acquiring an additional 52,256 shares in the last quarter. Finally, Czech National Bank boosted its holdings in shares of Estée Lauder Companies by 6.9% in the third quarter. Czech National Bank now owns 47,469 shares of the company’s stock worth $4,732,000 after acquiring an additional 3,065 shares during the period. 55.15% of the stock is owned by institutional investors.

Insider Transactions at Estée Lauder Companies

In other news, Director Paul J. Fribourg bought 77,500 shares of the company’s stock in a transaction dated Friday, November 15th. The stock was bought at an average cost 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 in the company, valued at approximately $15,010,345. This trade represents a 49.36 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 12.78% of the company’s stock.

Estée Lauder Companies Stock Down 2.3 %

Shares of NYSE:EL opened at $83.51 on Friday. The Estée Lauder Companies Inc. has a 12-month low of $62.29 and a 12-month high of $159.75. The company has a current ratio of 1.32, a quick ratio of 0.90 and a debt-to-equity ratio of 1.44. The stock’s 50-day moving average price is $76.82 and its 200-day moving average price is $84.19. The stock has a market capitalization of $29.98 billion, a P/E 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 announced 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 return on equity of 17.31% and a net margin of 1.31%. The business had revenue of $3.36 billion for the quarter, compared to analysts’ expectations of $3.37 billion. During the same period in the previous year, the firm earned $0.11 EPS. The business’s quarterly revenue was down 4.5% on a year-over-year basis. On average, equities analysts anticipate that The Estée Lauder Companies Inc. will post 1.49 earnings per share for the current year.

Wall Street Analyst Weigh In

EL has been the topic of a number of analyst reports. DA Davidson reiterated a “buy” rating and set a $81.00 price objective on shares of Estée Lauder Companies in a research note on Wednesday, January 22nd. HSBC cut Estée Lauder Companies from a “buy” rating to a “hold” rating and set a $100.00 price target on the stock. in a research report on Wednesday, October 16th. Hsbc Global Res lowered shares of Estée Lauder Companies from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 16th. TD Cowen decreased their target price on shares of Estée Lauder Companies from $95.00 to $70.00 and set a “hold” rating on the stock in a report on Friday, November 1st. Finally, Canaccord Genuity Group cut their price target on shares of Estée Lauder Companies from $100.00 to $75.00 and set a “hold” rating for the company in a report on Friday, November 1st. Twenty investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Estée Lauder Companies currently has an average rating of “Hold” and an average price target 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.