Wealth Advisory Solutions LLC Sells 47,532 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

Wealth Advisory Solutions LLC reduced its position in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 86.4% in the 4th quarter, Holdings Channel reports. The firm owned 7,458 shares of the company’s stock after selling 47,532 shares during the period. Wealth Advisory Solutions LLC’s holdings in Estée Lauder Companies were worth $559,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EL. Exencial Wealth Advisors LLC raised its stake in Estée Lauder Companies by 2,187.1% during the fourth quarter. Exencial Wealth Advisors LLC now owns 106,947 shares of the company’s stock worth $8,019,000 after acquiring an additional 102,271 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Estée Lauder Companies by 7.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,438,459 shares of the company’s stock valued at $107,856,000 after purchasing an additional 99,878 shares during the last quarter. Steward Partners Investment Advisory LLC increased its position in Estée Lauder Companies by 17.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 29,024 shares of the company’s stock worth $2,176,000 after purchasing an additional 4,395 shares in the last quarter. Quintet Private Bank Europe S.A. increased its position in Estée Lauder Companies by 8.6% during the 4th quarter. Quintet Private Bank Europe S.A. now owns 250,656 shares of the company’s stock worth $18,794,000 after purchasing an additional 19,925 shares in the last quarter. Finally, DJE Kapital AG bought a new position in Estée Lauder Companies in the 4th quarter valued at approximately $16,335,000. 55.15% of the stock is currently owned by institutional investors.

Estée Lauder Companies Trading Down 3.0 %

NYSE EL opened at $68.04 on Wednesday. The stock has a market capitalization of $24.42 billion, a P/E ratio of -34.89, a P/E/G ratio of 6.09 and a beta of 1.08. The business has a 50 day simple moving average of $74.32 and a 200 day simple moving average of $79.94. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.37 and a quick ratio of 0.97. The Estée Lauder Companies Inc. has a one year low of $62.29 and a one year high of $159.54.

Estée Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.32 by $0.30. The company had revenue of $4 billion during the quarter, compared to the consensus estimate of $3.98 billion. Estée Lauder Companies had a negative net margin of 4.61% and a positive return on equity of 16.82%. The company’s quarterly revenue was down 6.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.88 EPS. Research analysts expect that The Estée Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estée Lauder Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 2.06%. The ex-dividend date is Friday, February 28th. Estée Lauder Companies’s dividend payout ratio (DPR) is currently -71.79%.

Analysts Set New Price Targets

A number of analysts have weighed in on EL shares. Morgan Stanley decreased their target price on shares of Estée Lauder Companies from $85.00 to $81.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 6th. JPMorgan Chase & Co. upped their target price on Estée Lauder Companies from $74.00 to $79.00 and gave the stock a “neutral” rating in a report on Thursday, January 16th. Stifel Nicolaus dropped their target price on Estée Lauder Companies from $81.00 to $77.00 and set a “hold” rating for the company in a research report on Wednesday, February 5th. Royal Bank of Canada restated an “outperform” rating and set a $100.00 price target on shares of Estée Lauder Companies in a report on Friday, January 31st. Finally, CICC Research started coverage on shares of Estée Lauder Companies in a report on Friday, December 27th. They issued a “market perform” rating and a $82.00 price objective for the company. Twenty analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Estée Lauder Companies has a consensus rating of “Hold” and an average price target of $86.00.

Insider Activity

In other Estée Lauder Companies news, Director Paul J. Fribourg purchased 43,000 shares of Estée Lauder Companies stock in a transaction that occurred on Wednesday, February 5th. The stock was acquired at an average price of $66.35 per share, with a total value of $2,853,050.00. Following the transaction, the director now owns 430,800 shares in the company, valued at $28,583,580. This trade represents a 11.09 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Akhil Shrivastava acquired 700 shares of the stock in a transaction on Wednesday, February 5th. The shares were acquired at an average price of $65.79 per share, for a total transaction of $46,053.00. Following the acquisition, the chief financial officer now owns 2,381 shares of the company’s stock, valued at approximately $156,645.99. The trade was a 41.64 % increase in their position. The disclosure for this purchase can be found here. Company 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.