Estee Lauder Companies, Inc. (The) (NYSE:EL) Holdings Cut by Sheaff Brock Investment Advisors LLC

Sheaff Brock Investment Advisors LLC cut its stake in shares of Estee Lauder Companies, Inc. (The) (NYSE:EL) by 18.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,538 shares of the company’s stock after selling 1,900 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in Estee Lauder Companies, Inc. (The) were worth $819,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in EL. Fiduciary Trust Co. acquired a new stake in Estee Lauder Companies, Inc. (The) during the 2nd quarter worth approximately $211,000. Blue Rock Advisors LLC boosted its position in Estee Lauder Companies, Inc. (The) by 43.1% during the 2nd quarter. Blue Rock Advisors LLC now owns 33,200 shares of the company’s stock worth $3,187,000 after buying an additional 10,000 shares during the period. Chilton Investment Co. LLC boosted its position in Estee Lauder Companies, Inc. (The) by 10.4% during the 2nd quarter. Chilton Investment Co. LLC now owns 4,092 shares of the company’s stock worth $393,000 after buying an additional 387 shares during the period. Comgest Global Investors S.A.S. acquired a new stake in Estee Lauder Companies, Inc. (The) during the 2nd quarter worth approximately $2,266,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Estee Lauder Companies, Inc. (The) by 0.9% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 16,632 shares of the company’s stock worth $1,596,000 after buying an additional 144 shares during the period. 54.60% of the stock is currently owned by institutional investors.

Several equities research analysts recently commented on EL shares. Bank of America Corporation lifted their target price on shares of Estee Lauder Companies, Inc. (The) from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Monday, July 10th. Stifel Nicolaus set a $108.00 price target on shares of Estee Lauder Companies, Inc. (The) and gave the stock a “buy” rating in a research report on Thursday, July 6th. Jefferies Group LLC restated a “buy” rating and issued a $110.00 price target on shares of Estee Lauder Companies, Inc. (The) in a research report on Thursday, July 6th. Zacks Investment Research upgraded shares of Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $107.00 price target on the stock in a research report on Tuesday, July 4th. Finally, Royal Bank Of Canada restated a “buy” rating and issued a $100.00 price target on shares of Estee Lauder Companies, Inc. (The) in a research report on Wednesday, May 31st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $110.28.

In related news, EVP Michael O’hare sold 2,619 shares of Estee Lauder Companies, Inc. (The) stock in a transaction that occurred on Thursday, September 7th. The stock was sold at an average price of $108.56, for a total transaction of $284,318.64. Following the transaction, the executive vice president now owns 5,929 shares in the company, valued at $643,652.24. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Irvine O. Hockaday, Jr. sold 2,000 shares of Estee Lauder Companies, Inc. (The) stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $105.41, for a total value of $210,820.00. Following the transaction, the director now owns 26,240 shares in the company, valued at approximately $2,765,958.40. The disclosure for this sale can be found here. In the last 90 days, insiders sold 568,791 shares of company stock worth $60,070,365. Company insiders own 16.98% of the company’s stock.

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Estee Lauder Companies, Inc. (NYSE EL) opened at 107.58 on Friday. The stock has a market capitalization of $39.58 billion, a P/E ratio of 32.11 and a beta of 0.67. The company has a 50 day moving average of $104.85 and a 200-day moving average of $94.82. Estee Lauder Companies, Inc. has a one year low of $75.30 and a one year high of $110.99.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last posted its earnings results on Friday, August 18th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.43 by $0.08. The firm had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.86 billion. Estee Lauder Companies, Inc. (The) had a return on equity of 32.38% and a net margin of 10.56%. Estee Lauder Companies, Inc. (The)’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period last year, the company earned $0.43 earnings per share. Equities research analysts predict that Estee Lauder Companies, Inc. will post $3.97 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Thursday, August 31st were given a $0.34 dividend. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $1.36 annualized dividend and a dividend yield of 1.26%. Estee Lauder Companies, Inc. (The)’s dividend payout ratio (DPR) is presently 40.60%.

About Estee Lauder Companies, Inc. (The)

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.

Institutional Ownership by Quarter for Estee Lauder Companies, Inc. (The) (NYSE:EL)

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