Shufro Rose & Co. LLC Sells 161 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

Shufro Rose & Co. LLC reduced its stake in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 1.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 13,278 shares of the company’s stock after selling 161 shares during the period. Shufro Rose & Co. LLC’s holdings in Estée Lauder Companies were worth $1,919,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rakuten Securities Inc. purchased a new position in shares of Estée Lauder Companies in the 4th quarter worth approximately $26,000. Arlington Trust Co LLC purchased a new position in shares of Estée Lauder Companies in the 3rd quarter worth approximately $32,000. Sunbelt Securities Inc. boosted its stake in shares of Estée Lauder Companies by 82.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 277 shares of the company’s stock worth $40,000 after buying an additional 125 shares during the last quarter. Exchange Traded Concepts LLC boosted its stake in shares of Estée Lauder Companies by 1,900.0% in the 3rd quarter. Exchange Traded Concepts LLC now owns 280 shares of the company’s stock worth $40,000 after buying an additional 266 shares during the last quarter. Finally, Headinvest LLC purchased a new position in shares of Estée Lauder Companies in the 3rd quarter worth approximately $55,000. 55.15% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on EL. Telsey Advisory Group reiterated a “market perform” rating and issued a $155.00 price objective on shares of Estée Lauder Companies in a research note on Thursday. Wells Fargo & Company upped their price objective on Estée Lauder Companies from $155.00 to $175.00 and gave the company an “overweight” rating in a research note on Tuesday, February 6th. Deutsche Bank Aktiengesellschaft downgraded Estée Lauder Companies from a “buy” rating to a “hold” rating and set a $146.00 price objective on the stock. in a research note on Tuesday, January 2nd. Oppenheimer reiterated a “market perform” rating on shares of Estée Lauder Companies in a research note on Monday, April 15th. Finally, JPMorgan Chase & Co. upped their price objective on Estée Lauder Companies from $150.00 to $167.00 and gave the company an “overweight” rating in a research note on Tuesday, February 6th. One investment analyst has rated the stock with a sell rating, fifteen have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Estée Lauder Companies has an average rating of “Hold” and a consensus price target of $168.17.

Estée Lauder Companies Price Performance

Shares of Estée Lauder Companies stock traded up $2.46 during trading on Friday, hitting $147.45. The stock had a trading volume of 2,435,850 shares, compared to its average volume of 2,016,077. The firm has a market cap of $52.86 billion, a price-to-earnings ratio of 113.42, a P/E/G ratio of 3.86 and a beta of 1.07. The company has a current ratio of 1.36, a quick ratio of 0.96 and a debt-to-equity ratio of 1.16. The Estée Lauder Companies Inc. has a 12 month low of $102.22 and a 12 month high of $250.63. The business’s 50-day moving average is $146.86 and its 200 day moving average is $138.23.

Estée Lauder Companies (NYSE:EL) last released its earnings results on Monday, February 5th. The company reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.33. The business had revenue of $4.28 billion for the quarter, compared to analysts’ expectations of $4.19 billion. Estée Lauder Companies had a return on equity of 9.78% and a net margin of 3.08%. The firm’s revenue was down 7.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.54 earnings per share. As a group, sell-side analysts anticipate that The Estée Lauder Companies Inc. will post 2.23 earnings per share for the current year.

Estée Lauder Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were paid a $0.66 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $2.64 dividend on an annualized basis and a yield of 1.79%. Estée Lauder Companies’s dividend payout ratio is presently 203.08%.

Estée Lauder Companies Company 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, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.