The Estée Lauder Companies Inc. (NYSE:EL) Shares Sold by Vision Capital Management Inc.

Vision Capital Management Inc. lessened its holdings in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 49.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,652 shares of the company’s stock after selling 5,598 shares during the period. Vision Capital Management Inc.’s holdings in Estée Lauder Companies were worth $424,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Cetera Investment Advisers boosted its position in Estée Lauder Companies by 24.5% during the second quarter. Cetera Investment Advisers now owns 31,051 shares of the company’s stock worth $3,304,000 after purchasing an additional 6,102 shares in the last quarter. Czech National Bank boosted its position in Estée Lauder Companies by 6.9% during the third quarter. Czech National Bank now owns 47,469 shares of the company’s stock worth $4,732,000 after purchasing an additional 3,065 shares in the last quarter. CWM LLC lifted its position in shares of Estée Lauder Companies by 28.7% in the third quarter. CWM LLC now owns 4,930 shares of the company’s stock valued at $491,000 after acquiring an additional 1,099 shares in the last quarter. BSN CAPITAL PARTNERS Ltd purchased a new stake in shares of Estée Lauder Companies in the third quarter valued at $14,589,000. Finally, Livforsakringsbolaget Skandia Omsesidigt lifted its position in shares of Estée Lauder Companies by 294.1% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,010 shares of the company’s stock valued at $200,000 after acquiring an additional 1,500 shares in the last quarter. Institutional investors and hedge funds own 55.15% of the company’s stock.

Analyst Ratings Changes

EL has been the topic of several recent research reports. TD Cowen reduced their price objective on Estée Lauder Companies from $95.00 to $70.00 and set a “hold” rating on the stock in a research report on Friday, November 1st. Morgan Stanley reduced their price objective on Estée Lauder Companies from $100.00 to $85.00 and set an “equal weight” rating on the stock in a research report on Friday, November 1st. B. Riley dropped their target price on Estée Lauder Companies from $95.00 to $70.00 and set a “neutral” rating for the company in a research note on Monday, November 4th. Telsey Advisory Group reiterated a “market perform” rating and issued a $76.00 target price on shares of Estée Lauder Companies in a research note on Tuesday. Finally, JPMorgan Chase & Co. upped their target price on Estée Lauder Companies from $74.00 to $79.00 and gave the company a “neutral” rating in a research note on Thursday, January 16th. Twenty equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $90.55.

Insider Activity

In other Estée Lauder Companies news, Director Paul J. Fribourg purchased 75,500 shares of Estée Lauder Companies stock in a transaction that occurred on Monday, November 18th. The stock was purchased at an average price of $64.93 per share, with a total value of $4,902,215.00. Following the completion of the acquisition, the director now owns 310,000 shares of the company’s stock, valued at approximately $20,128,300. This trade represents a 32.20 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 12.78% of the company’s stock.

Estée Lauder Companies Price Performance

EL stock opened at $65.79 on Thursday. 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 Estée Lauder Companies Inc. has a 1 year low of $62.29 and a 1 year high of $159.54. The firm has a market cap of $23.62 billion, a P/E ratio of 117.49, a price-to-earnings-growth ratio of 5.89 and a beta of 1.03. The stock has a 50-day simple moving average of $77.22 and a 200-day simple moving average of $83.52.

Estée Lauder Companies (NYSE:EL) last posted its earnings results on Tuesday, February 4th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.30. Estée Lauder Companies had a return on equity of 17.31% and a net margin of 1.31%. The business had revenue of $4 billion during the quarter, compared to analyst estimates of $3.98 billion. During the same quarter last year, the firm earned $0.88 earnings per share. The company’s revenue for the quarter was down 6.4% compared to the same quarter last year. On average, equities analysts predict that The Estée Lauder Companies Inc. will post 1.5 earnings per share for the current fiscal year.

Estée Lauder Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be paid a $0.35 dividend. The ex-dividend date is Friday, February 28th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.13%. Estée Lauder Companies’s dividend payout ratio (DPR) is currently 250.00%.

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.