MGO One Seven LLC Has $505,000 Stock Holdings in The Estée Lauder Companies Inc. (NYSE:EL)

MGO One Seven LLC increased its position in shares of The Estée Lauder Companies Inc. (NYSE:ELFree Report) by 7.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,496 shares of the company’s stock after buying an additional 241 shares during the period. MGO One Seven LLC’s holdings in Estée Lauder Companies were worth $505,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of EL. OVERSEA CHINESE BANKING Corp Ltd raised its holdings in Estée Lauder Companies by 68.5% during the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 13,104 shares of the company’s stock worth $1,873,000 after buying an additional 5,328 shares during the period. ICICI Prudential Asset Management Co Ltd boosted its position in shares of Estée Lauder Companies by 221.9% in the third quarter. ICICI Prudential Asset Management Co Ltd now owns 62,780 shares of the company’s stock valued at $9,075,000 after acquiring an additional 43,280 shares during the period. Girard Partners LTD. boosted its position in shares of Estée Lauder Companies by 80.8% in the third quarter. Girard Partners LTD. now owns 32,948 shares of the company’s stock valued at $4,763,000 after acquiring an additional 14,722 shares during the period. Hudson Value Partners LLC acquired a new position in Estée Lauder Companies in the third quarter valued at about $919,000. Finally, William Allan Corp acquired a new position in Estée Lauder Companies in the third quarter valued at about $802,000. 55.15% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on EL shares. Berenberg Bank lowered shares of Estée Lauder Companies from a “buy” rating to a “hold” rating and decreased their price target for the stock from $224.00 to $118.00 in a report on Friday, November 3rd. StockNews.com began coverage on shares of Estée Lauder Companies in a report on Thursday, October 5th. They issued a “sell” rating on the stock. Barclays boosted their price objective on shares of Estée Lauder Companies from $101.00 to $121.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 16th. DA Davidson upped their price objective on shares of Estée Lauder Companies from $146.00 to $163.00 and gave the stock a “buy” rating in a research note on Wednesday, November 29th. Finally, Raymond James cut their price objective on shares of Estée Lauder Companies from $195.00 to $180.00 and set a “strong-buy” rating on the stock in a report on Monday, October 23rd. One analyst has rated the stock with a sell rating, sixteen have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $176.63.

Check Out Our Latest Report on Estée Lauder Companies

Estée Lauder Companies Price Performance

Estée Lauder Companies stock traded up $2.14 on Friday, reaching $130.80. The company’s stock had a trading volume of 2,927,749 shares, compared to its average volume of 2,771,123. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.97 and a current ratio of 1.45. The company has a market cap of $46.81 billion, a price-to-earnings ratio of 84.65, a PEG ratio of 3.90 and a beta of 1.06. The business’s fifty day moving average price is $134.96 and its 200 day moving average price is $146.25. The Estée Lauder Companies Inc. has a twelve month low of $102.22 and a twelve month high of $283.62.

Estée Lauder Companies (NYSE:ELGet Free Report) last announced its earnings results on Wednesday, November 1st. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.33. Estée Lauder Companies had a return on equity of 13.93% and a net margin of 3.54%. The company had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.53 billion. During the same quarter last year, the company earned $1.37 earnings per share. The firm’s quarterly revenue was down 10.6% compared to the same quarter last year. Equities analysts expect that The Estée Lauder Companies Inc. will post 2.31 earnings per share for the current fiscal year.

Estée Lauder Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Thursday, November 30th were paid a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date was Wednesday, November 29th. Estée Lauder Companies’s dividend payout ratio is 173.69%.

Estée Lauder Companies Company Profile

(Free Report)

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.

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

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