The Estée Lauder Companies Inc. (NYSE:EL) Stock Position Trimmed by Arlington Partners LLC

Arlington Partners LLC cut its position in The Estée Lauder Companies Inc. (NYSE:EL) by 43.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 23,793 shares of the company’s stock after selling 17,969 shares during the quarter. Arlington Partners LLC’s holdings in Estée Lauder Companies were worth $1,784,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Ameliora Wealth Management Ltd. bought a new position in Estée Lauder Companies in the 4th quarter worth approximately $29,000. Eagle Bay Advisors LLC grew its holdings in Estée Lauder Companies by 297.0% in the 4th quarter. Eagle Bay Advisors LLC now owns 401 shares of the company’s stock worth $30,000 after buying an additional 300 shares in the last quarter. Golden State Wealth Management LLC bought a new position in Estée Lauder Companies in the 4th quarter worth approximately $30,000. Ashton Thomas Securities LLC bought a new position in Estée Lauder Companies in the 3rd quarter worth approximately $31,000. Finally, MassMutual Private Wealth & Trust FSB lifted its position in Estée Lauder Companies by 42.1% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 476 shares of the company’s stock worth $36,000 after purchasing an additional 141 shares during the period. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Estée Lauder Companies Trading Up 1.3 %

EL opened at $65.09 on Monday. The stock has a fifty day moving average of $76.72 and a 200-day moving average of $82.89. The Estée Lauder Companies Inc. has a 12-month low of $62.29 and a 12-month high of $159.54. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.90 and a current ratio of 1.37.

Estée Lauder Companies (NYSE:EL) last released 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 positive return on equity of 16.82% and a negative net margin of 4.61%. The company had revenue of $4 billion during the quarter, compared to analyst estimates of $3.98 billion. During the same quarter in the prior year, the company earned $0.88 earnings per share. The company’s revenue for the quarter was down 6.4% on a year-over-year basis. As a group, research analysts predict that The Estée Lauder Companies Inc. will post 1.37 EPS for the current year.

Estée Lauder Companies Announces Dividend

The business also recently declared 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. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date of this dividend is Friday, February 28th. Estée Lauder Companies’s dividend payout ratio (DPR) is presently -71.79%.

Analyst Ratings Changes

EL has been the subject of a number of research analyst reports. UBS Group upped their target price 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. Telsey Advisory Group restated a “market perform” rating and issued a $76.00 target price on shares of Estée Lauder Companies in a research report on Tuesday, February 4th. TD Cowen cut their target price on Estée Lauder Companies from $95.00 to $70.00 and set a “hold” rating for the company in a research report on Friday, November 1st. CICC Research initiated coverage on Estée Lauder Companies in a research report on Friday, December 27th. They issued a “market perform” rating and a $82.00 target price for the company. Finally, DA Davidson restated a “buy” rating and issued a $81.00 target price on shares of Estée Lauder Companies in a research report on Wednesday, February 5th. Twenty equities research 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 has a consensus rating of “Hold” and an average price target of $86.00.

Insider Transactions at Estée Lauder Companies

In other Estée Lauder Companies news, CFO Akhil Shrivastava bought 700 shares of the stock in a transaction on Wednesday, February 5th. The shares were purchased at an average cost of $65.79 per share, with a total value of $46,053.00. Following the completion of the transaction, the chief financial officer now directly owns 2,381 shares of the company’s stock, valued at $156,645.99. This represents a 41.64 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Paul J. Fribourg bought 43,000 shares of the stock in a transaction on Wednesday, February 5th. The shares were acquired at an average cost of $66.35 per share, for a total transaction of $2,853,050.00. Following the completion of the transaction, the director now directly owns 430,800 shares of the company’s stock, valued at approximately $28,583,580. The trade was a 11.09 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 196,700 shares of company stock valued at $12,762,093. 12.78% of the stock is owned by insiders.

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.