1,470 Shares in Estee Lauder Companies, Inc. (The) (EL) Acquired by Elgethun Capital Management

Elgethun Capital Management acquired a new position in Estee Lauder Companies, Inc. (The) (NYSE:EL) during the fourth quarter, Holdings Channel reports. The firm acquired 1,470 shares of the company’s stock, valued at approximately $112,000.

A number of other large investors also recently modified their holdings of the company. Parkside Financial Bank & Trust raised its stake in shares of Estee Lauder Companies, Inc. (The) by 0.6% in the third quarter. Parkside Financial Bank & Trust now owns 1,448 shares of the company’s stock worth $128,000 after buying an additional 8 shares in the last quarter. Advisory Services Network LLC raised its stake in shares of Estee Lauder Companies, Inc. (The) by 1.1% in the third quarter. Advisory Services Network LLC now owns 1,385 shares of the company’s stock worth $123,000 after buying an additional 15 shares in the last quarter. FTB Advisors Inc. raised its stake in shares of Estee Lauder Companies, Inc. (The) by 1.1% in the third quarter. FTB Advisors Inc. now owns 1,637 shares of the company’s stock worth $142,000 after buying an additional 18 shares in the last quarter. Moors & Cabot Inc. raised its stake in shares of Estee Lauder Companies, Inc. (The) by 0.9% in the third quarter. Moors & Cabot Inc. now owns 3,785 shares of the company’s stock worth $336,000 after buying an additional 35 shares in the last quarter. Finally, Regentatlantic Capital LLC raised its stake in shares of Estee Lauder Companies, Inc. (The) by 0.4% in the third quarter. Regentatlantic Capital LLC now owns 9,685 shares of the company’s stock worth $858,000 after buying an additional 37 shares in the last quarter. 55.74% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of Estee Lauder Companies, Inc. (NYSE:EL) traded down 0.08% during trading on Friday, hitting $82.59. 1,684,795 shares of the stock traded hands. The firm has a market cap of $30.26 billion, a P/E ratio of 28.54 and a beta of 0.86. The company has a 50-day moving average of $79.92 and a 200-day moving average of $84.31. Estee Lauder Companies, Inc. has a 52 week low of $75.30 and a 52 week high of $97.48.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last announced its earnings results on Thursday, February 2nd. The company reported $1.22 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.17 by $0.05. Estee Lauder Companies, Inc. (The) had a return on equity of 32.36% and a net margin of 9.50%. The business had revenue of $3.21 billion for the quarter, compared to analysts’ expectations of $3.26 billion. During the same period in the prior year, the business posted $1.22 earnings per share. The firm’s revenue was up 2.7% on a year-over-year basis. On average, analysts forecast that Estee Lauder Companies, Inc. will post $3.33 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 15th. Investors of record on Tuesday, February 28th will be issued a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 1.65%. The ex-dividend date of this dividend is Friday, February 24th. Estee Lauder Companies, Inc. (The)’s payout ratio is presently 46.90%.

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A number of equities research analysts have commented on the stock. B. Riley reissued a “neutral” rating and set a $92.00 price objective on shares of Estee Lauder Companies, Inc. (The) in a report on Tuesday, November 22nd. Piper Jaffray Companies reissued a “neutral” rating and set a $82.00 price objective (up previously from $81.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Wednesday, February 1st. lowered shares of Estee Lauder Companies, Inc. (The) from a “buy” rating to an “underperform” rating in a report on Thursday, November 3rd. Zacks Investment Research raised shares of Estee Lauder Companies, Inc. (The) from a “sell” rating to a “hold” rating in a report on Wednesday, January 25th. Finally, Oppenheimer Holdings, Inc. upgraded shares of Estee Lauder Companies, Inc. (The) from a “market perform” rating to an “outperform” rating and set a $92.00 target price on the stock in a research report on Thursday, January 26th. Four research analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $95.22.

In other Estee Lauder Companies, Inc. (The) news, CFO Tracey Thomas Travis sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 30th. The stock was sold at an average price of $78.13, for a total value of $781,300.00. Following the transaction, the chief financial officer now directly owns 36,025 shares of the company’s stock, valued at $2,814,633.25. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Michael O’hare sold 4,492 shares of the business’s stock in a transaction that occurred on Thursday, December 1st. The shares were sold at an average price of $76.32, for a total value of $342,829.44. The disclosure for this sale can be found here. Insiders sold 41,372 shares of company stock worth $3,324,203 over the last quarter. 16.98% of the stock is currently owned by company insiders.

Estee Lauder Companies, Inc. (The) 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

Want to see what other hedge funds are holding EL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Estee Lauder Companies, Inc. (The) (NYSE:EL).

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