Stock Yards Bank & Trust Co. Sells 171 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

Stock Yards Bank & Trust Co. lessened its holdings in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 1.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 10,900 shares of the company’s stock after selling 171 shares during the period. Stock Yards Bank & Trust Co.’s holdings in Estée Lauder Companies were worth $817,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EL. Cetera Investment Advisers increased its stake in shares of Estée Lauder Companies by 24.5% during the second quarter. Cetera Investment Advisers now owns 31,051 shares of the company’s stock valued at $3,304,000 after purchasing an additional 6,102 shares in the last quarter. Czech National Bank grew its stake in shares of Estée Lauder Companies by 6.9% in the 3rd quarter. Czech National Bank now owns 47,469 shares of the company’s stock worth $4,732,000 after buying an additional 3,065 shares during the last quarter. Boit C F David bought a new position in Estée Lauder Companies during the 3rd quarter valued at approximately $340,000. Trium Capital LLP raised its stake in Estée Lauder Companies by 194.9% during the third quarter. Trium Capital LLP now owns 24,911 shares of the company’s stock valued at $2,483,000 after buying an additional 16,463 shares during the last quarter. Finally, CWM LLC boosted its holdings in Estée Lauder Companies by 28.7% in the third quarter. CWM LLC now owns 4,930 shares of the company’s stock worth $491,000 after acquiring an additional 1,099 shares in the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on EL shares. Stifel Nicolaus lowered Estée Lauder Companies from a “buy” rating to a “hold” rating and set a $125.00 price target for the company. in a research report on Thursday, October 31st. UBS Group upped their target price on shares of Estée Lauder Companies from $74.00 to $80.00 and gave the stock a “neutral” rating in a research note on Thursday, January 16th. CICC Research began coverage on shares of Estée Lauder Companies in a research report on Friday, December 27th. They set a “market perform” rating and a $82.00 price target for the company. TD Cowen lowered 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. Finally, Deutsche Bank Aktiengesellschaft cut their target price on Estée Lauder Companies from $80.00 to $78.00 and set a “hold” rating on the stock in a research note on Wednesday, January 22nd. Twenty analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, Estée Lauder Companies presently has an average rating of “Hold” and an average price target of $92.95.

Insider Transactions at Estée Lauder Companies

In other Estée Lauder Companies news, Director Paul J. Fribourg acquired 75,500 shares of the stock in a transaction dated Monday, November 18th. The shares were acquired at an average cost of $64.93 per share, for a total transaction of $4,902,215.00. Following the completion of the transaction, the director now directly owns 310,000 shares of the company’s stock, valued at approximately $20,128,300. The trade was a 32.20 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 12.78% of the company’s stock.

Estée Lauder Companies Price Performance

NYSE EL opened at $82.71 on Tuesday. The business’s fifty day moving average is $77.10 and its 200 day moving average is $83.83. The Estée Lauder Companies Inc. has a fifty-two week low of $62.29 and a fifty-two week high of $159.75. 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 company has a market capitalization of $29.69 billion, a PE ratio of 147.70, a price-to-earnings-growth ratio of 5.89 and a beta of 1.03.

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.