Federated Investors Inc. PA Has $437,000 Stake in Estee Lauder Companies Inc (EL)

Federated Investors Inc. PA lowered its stake in shares of Estee Lauder Companies Inc (NYSE:EL) by 14.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,710 shares of the company’s stock after selling 953 shares during the period. Federated Investors Inc. PA’s holdings in Estee Lauder Companies were worth $437,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of EL. Dowling & Yahnke LLC increased its position in Estee Lauder Companies by 21.4% in the third quarter. Dowling & Yahnke LLC now owns 7,531 shares of the company’s stock valued at $667,000 after buying an additional 1,325 shares during the period. Acadian Asset Management LLC increased its position in Estee Lauder Companies by 70.9% in the third quarter. Acadian Asset Management LLC now owns 508,050 shares of the company’s stock valued at $44,995,000 after buying an additional 210,791 shares during the period. Montrusco Bolton Investments Inc. increased its position in Estee Lauder Companies by 3.5% in the third quarter. Montrusco Bolton Investments Inc. now owns 131,336 shares of the company’s stock valued at $11,604,000 after buying an additional 4,393 shares during the period. Wendell David Associates Inc. increased its position in Estee Lauder Companies by 287.1% in the third quarter. Wendell David Associates Inc. now owns 13,348 shares of the company’s stock valued at $1,182,000 after buying an additional 9,900 shares during the period. Finally, National Pension Service boosted its stake in shares of Estee Lauder Companies by 8.2% in the third quarter. National Pension Service now owns 171,338 shares of the company’s stock valued at $15,174,000 after buying an additional 13,017 shares in the last quarter. 55.53% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Estee Lauder Companies (NYSE:EL)

Shares of Estee Lauder Companies Inc (NYSE:EL) traded down 0.99% on Friday, hitting $85.18. The stock had a trading volume of 1,590,488 shares. The stock has a market cap of $31.21 billion, a P/E ratio of 29.43 and a beta of 0.86. The firm has a 50 day moving average of $84.98 and a 200 day moving average of $82.24. Estee Lauder Companies Inc has a 12 month low of $75.29 and a 12 month high of $97.48.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings data on Thursday, February 2nd. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. The firm earned $3.21 billion during the quarter, compared to analysts’ expectations of $3.26 billion. Estee Lauder Companies had a return on equity of 32.36% and a net margin of 9.50%. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.22 earnings per share. On average, equities analysts forecast that Estee Lauder Companies Inc will post $3.32 earnings per share for the current fiscal year.

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Several equities research analysts recently weighed in on the stock. B. Riley reduced their price target on shares of Estee Lauder Companies from $92.00 to $90.00 and set a “neutral” rating on the stock in a research report on Friday, February 3rd. Royal Bank of Canada set a $100.00 price objective on shares of Estee Lauder Companies and gave the company a “buy” rating in a research report on Saturday, March 25th. Jefferies Group LLC reiterated a “hold” rating and set a $91.00 price objective (up previously from $87.00) on shares of Estee Lauder Companies in a research report on Tuesday. Vetr upgraded shares of Estee Lauder Companies from a “buy” rating to a “strong-buy” rating and set a $94.75 price objective on the stock in a research report on Monday, April 3rd. Finally, Goldman Sachs Group Inc upgraded shares of Estee Lauder Companies from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $85.00 to $103.00 in a research report on Tuesday, April 4th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Estee Lauder Companies currently has an average rating of “Buy” and an average target price of $96.73.

In other Estee Lauder Companies news, insider Fabrizio Freda sold 18,708 shares of the business’s stock in a transaction dated Friday, February 17th. The stock was sold at an average price of $84.18, for a total value of $1,574,839.44. Following the completion of the sale, the insider now owns 82,528 shares of the company’s stock, valued at $6,947,207.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider John Demsey sold 21,010 shares of the business’s stock in a transaction dated Monday, March 13th. The stock was sold at an average price of $85.46, for a total value of $1,795,514.60. Following the completion of the sale, the insider now directly owns 21,010 shares of the company’s stock, valued at approximately $1,795,514.60. The disclosure for this sale can be found here. In the last three months, insiders have sold 72,260 shares of company stock valued at $6,047,678. Insiders own 16.98% of the company’s stock.

Estee Lauder Companies Company Profile

The Estee Lauder Companies Inc manufactures and markets skin care, makeup, fragrance and hair care products. The Company offers products, including skin care, makeup, fragrance, hair care and other. The Company operates in beauty products segment. The Company’s products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.

5 Day Chart for NYSE:EL

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