Central Valley Advisors LLC Has $1.17 Million Stake in The Estée Lauder Companies Inc. (NYSE:EL)

Central Valley Advisors LLC lifted its holdings in shares of The Estée Lauder Companies Inc. (NYSE:ELFree Report) by 15.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,568 shares of the company’s stock after purchasing an additional 1,021 shares during the quarter. Central Valley Advisors LLC’s holdings in Estée Lauder Companies were worth $1,167,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Teachers Retirement System of The State of Kentucky raised its position in Estée Lauder Companies by 113.7% in the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 156,583 shares of the company’s stock valued at $22,900,000 after buying an additional 83,320 shares during the last quarter. Public Employees Retirement Association of Colorado raised its position in Estée Lauder Companies by 3,477.8% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 566,180 shares of the company’s stock valued at $82,804,000 after buying an additional 550,355 shares during the last quarter. Impax Asset Management Group plc raised its position in Estée Lauder Companies by 517.6% in the 4th quarter. Impax Asset Management Group plc now owns 46,633 shares of the company’s stock valued at $6,820,000 after buying an additional 39,082 shares during the last quarter. Unique Wealth Strategies LLC bought a new position in Estée Lauder Companies in the fourth quarter valued at approximately $819,000. Finally, YCG LLC grew its stake in Estée Lauder Companies by 5.7% in the fourth quarter. YCG LLC now owns 178,242 shares of the company’s stock valued at $26,068,000 after purchasing an additional 9,619 shares in the last quarter. Institutional investors and hedge funds own 55.15% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. DA Davidson restated a “buy” rating and issued a $191.00 price target on shares of Estée Lauder Companies in a research note on Monday, April 22nd. Oppenheimer restated a “market perform” rating on shares of Estée Lauder Companies in a research note on Monday, April 15th. Telsey Advisory Group restated a “market perform” rating and issued a $155.00 price target on shares of Estée Lauder Companies in a research note on Wednesday, May 1st. Barclays decreased their price target on Estée Lauder Companies from $140.00 to $136.00 and set an “equal weight” rating for the company in a research note on Friday, June 14th. Finally, StockNews.com upgraded Estée Lauder Companies from a “sell” rating to a “hold” rating in a research note on Thursday, May 2nd. Sixteen equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Estée Lauder Companies presently has an average rating of “Hold” and a consensus price target of $160.75.

Check Out Our Latest Research Report on Estée Lauder Companies

Insider Buying and Selling at Estée Lauder Companies

In other news, CFO Tracey Thomas Travis sold 14,493 shares of the business’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $135.73, for a total transaction of $1,967,134.89. Following the completion of the transaction, the chief financial officer now owns 47,248 shares of the company’s stock, valued at approximately $6,412,971.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, CFO Tracey Thomas Travis sold 14,493 shares of the business’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $135.73, for a total transaction of $1,967,134.89. Following the completion of the transaction, the chief financial officer now owns 47,248 shares of the company’s stock, valued at approximately $6,412,971.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Jane Lauder sold 14,976 shares of the business’s stock in a transaction on Thursday, May 30th. The stock was sold at an average price of $121.26, for a total value of $1,815,989.76. Following the transaction, the executive vice president now directly owns 57,389 shares of the company’s stock, valued at approximately $6,958,990.14. The disclosure for this sale can be found here. Insiders sold 42,255 shares of company stock valued at $5,453,232 in the last three months. Corporate insiders own 12.77% of the company’s stock.

Estée Lauder Companies Price Performance

NYSE EL traded down $1.54 during midday trading on Tuesday, hitting $113.59. The company had a trading volume of 517,988 shares, compared to its average volume of 2,767,866. The company has a market capitalization of $40.73 billion, a PE ratio of 64.68, a P/E/G ratio of 3.47 and a beta of 1.04. The company has a current ratio of 1.58, a quick ratio of 1.15 and a debt-to-equity ratio of 1.26. The firm has a 50-day moving average price of $129.13 and a 200-day moving average price of $137.91. The Estée Lauder Companies Inc. has a twelve month low of $102.22 and a twelve month high of $198.86.

Estée Lauder Companies (NYSE:ELGet Free Report) last announced its quarterly earnings data on Wednesday, May 1st. The company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.49. The firm had revenue of $3.94 billion during the quarter, compared to analysts’ expectations of $3.92 billion. Estée Lauder Companies had a return on equity of 13.08% and a net margin of 4.18%. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.47 EPS. As a group, analysts anticipate that The Estée Lauder Companies Inc. will post 2.22 earnings per share for the current fiscal year.

Estée Lauder Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Friday, May 31st were issued a $0.66 dividend. The ex-dividend date was Friday, May 31st. This represents a $2.64 annualized dividend and a yield of 2.32%. Estée Lauder Companies’s dividend payout ratio is presently 148.32%.

About Estée Lauder Companies

(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.

Recommended Stories

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

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

Receive News & Ratings for Estée Lauder Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Estée Lauder Companies and related companies with MarketBeat.com's FREE daily email newsletter.