Yousif Capital Management LLC Sells 259 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

Yousif Capital Management LLC decreased its stake in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 0.8% during the fourth quarter, HoldingsChannel reports. The firm owned 31,709 shares of the company’s stock after selling 259 shares during the quarter. Yousif Capital Management LLC’s holdings in Estée Lauder Companies were worth $2,378,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. State Street Corp lifted its position in Estée Lauder Companies by 9.5% during the 3rd quarter. State Street Corp now owns 10,575,926 shares of the company’s stock valued at $1,054,314,000 after acquiring an additional 913,470 shares during the period. Massachusetts Financial Services Co. MA lifted its position in Estée Lauder Companies by 79.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,723,746 shares of the company’s stock valued at $570,600,000 after acquiring an additional 2,533,006 shares during the period. Geode Capital Management LLC lifted its position in Estée Lauder Companies by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 4,679,154 shares of the company’s stock valued at $464,587,000 after acquiring an additional 70,307 shares during the period. Van ECK Associates Corp lifted its position in Estée Lauder Companies by 36.4% during the 3rd quarter. Van ECK Associates Corp now owns 4,041,911 shares of the company’s stock valued at $402,938,000 after acquiring an additional 1,078,926 shares during the period. Finally, Two Sigma Advisers LP lifted its position in Estée Lauder Companies by 80.8% during the 3rd quarter. Two Sigma Advisers LP now owns 2,934,200 shares of the company’s stock valued at $292,510,000 after acquiring an additional 1,310,900 shares during the period. Institutional investors own 55.15% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on EL. Hsbc Global Res downgraded shares of Estée Lauder Companies from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 16th. HSBC downgraded shares of Estée Lauder Companies from a “buy” rating to a “hold” rating and set a $100.00 target price on the stock. in a research note on Wednesday, October 16th. Morgan Stanley lowered their price objective on shares of Estée Lauder Companies from $85.00 to $81.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 6th. Stifel Nicolaus lowered their price objective on shares of Estée Lauder Companies from $81.00 to $77.00 and set a “hold” rating on the stock in a research report on Wednesday, February 5th. Finally, 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 objective on the stock. Twenty research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $86.00.

Insider Buying and Selling at Estée Lauder Companies

In other Estée Lauder Companies news, CFO Akhil Shrivastava purchased 700 shares of Estée Lauder Companies stock in a transaction dated Wednesday, February 5th. The shares were acquired at an average price of $65.79 per share, with a total value of $46,053.00. Following the completion of the transaction, the chief financial officer now owns 2,381 shares of the company’s stock, valued at $156,645.99. This trade represents a 41.64 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Paul J. Fribourg bought 43,000 shares of Estée Lauder Companies stock in a transaction that occurred on Wednesday, February 5th. The stock was purchased at an average cost of $66.35 per share, for a total transaction of $2,853,050.00. Following the acquisition, the director now owns 430,800 shares of the company’s stock, valued at $28,583,580. This represents a 11.09 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 196,700 shares of company stock valued at $12,762,093 over the last 90 days. 12.78% of the stock is owned by insiders.

Estée Lauder Companies Price Performance

Estée Lauder Companies stock opened at $68.74 on Tuesday. The Estée Lauder Companies Inc. has a 52-week low of $62.29 and a 52-week high of $159.54. The firm has a market capitalization of $24.68 billion, a price-to-earnings ratio of -35.25, a PEG ratio of 5.43 and a beta of 1.03. The company has a fifty day simple moving average of $76.72 and a 200-day simple moving average of $82.77. The company has a quick ratio of 0.90, a current ratio of 1.37 and a debt-to-equity ratio of 1.75.

Estée Lauder Companies (NYSE:EL) last announced its quarterly earnings data 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 negative net margin of 4.61% and a positive return on equity of 16.82%. The firm 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 firm posted $0.88 earnings per share. Estée Lauder Companies’s quarterly revenue was down 6.4% on a year-over-year basis. On average, equities analysts anticipate that The Estée Lauder Companies Inc. will post 1.37 EPS for the current fiscal year.

Estée Lauder Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be given a $0.35 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.40 dividend on an annualized basis and a yield of 2.04%. Estée Lauder Companies’s payout ratio is currently -71.79%.

About Estée Lauder Companies

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.