United Advisor Group LLC Invests $335,000 in The Estée Lauder Companies Inc. (NYSE:EL)

United Advisor Group LLC purchased a new position in The Estée Lauder Companies Inc. (NYSE:EL - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 4,472 shares of the company's stock, valued at approximately $335,000.

Other hedge funds also recently made changes to their positions in the company. Mackenzie Financial Corp grew its position in shares of Estée Lauder Companies by 32.0% during the 4th quarter. Mackenzie Financial Corp now owns 31,347 shares of the company's stock valued at $2,350,000 after purchasing an additional 7,592 shares in the last quarter. Toronto Dominion Bank grew its position in Estée Lauder Companies by 3.0% during the fourth quarter. Toronto Dominion Bank now owns 131,430 shares of the company's stock worth $9,855,000 after buying an additional 3,816 shares in the last quarter. Poehling Capital Management INC. increased its stake in Estée Lauder Companies by 98.1% in the 4th quarter. Poehling Capital Management INC. now owns 31,504 shares of the company's stock worth $2,362,000 after acquiring an additional 15,597 shares during the last quarter. Connective Capital Management LLC purchased a new stake in shares of Estée Lauder Companies in the 4th quarter valued at about $857,000. Finally, Mpwm Advisory Solutions LLC bought a new stake in shares of Estée Lauder Companies during the 4th quarter valued at about $338,000. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

EL has been the subject of several research analyst reports. UBS Group lifted their target price on shares of Estée Lauder Companies from $60.00 to $62.00 and gave the company a "neutral" rating in a research report on Friday, May 2nd. Wall Street Zen cut Estée Lauder Companies from a "hold" rating to a "sell" rating in a research note on Saturday, May 24th. Canaccord Genuity Group lowered their price target on Estée Lauder Companies from $70.00 to $62.00 and set a "hold" rating on the stock in a research report on Tuesday, April 29th. DA Davidson reiterated a "buy" rating and issued a $81.00 price objective on shares of Estée Lauder Companies in a report on Tuesday, February 25th. Finally, JPMorgan Chase & Co. reduced their price objective on Estée Lauder Companies from $72.00 to $61.00 and set a "neutral" rating on the stock in a research report on Friday, April 11th. One research analyst has rated the stock with a sell rating, eighteen have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $75.15.

Estée Lauder Companies Trading Down 2.0%

EL traded down $1.40 during midday trading on Friday, reaching $66.92. 4,614,822 shares of the company's stock traded hands, compared to its average volume of 4,127,709. The Estée Lauder Companies Inc. has a 52 week low of $48.37 and a 52 week high of $125.90. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.37 and a quick ratio of 0.97. The firm has a fifty day moving average of $60.31 and a two-hundred day moving average of $68.80. The stock has a market capitalization of $24.07 billion, a price-to-earnings ratio of -34.32, a P/E/G ratio of 6.09 and a beta of 1.12.

Estée Lauder Companies (NYSE:EL - Get Free Report) last announced its earnings results on Thursday, May 1st. The company reported $0.65 EPS for the quarter, beating analysts' consensus estimates of $0.29 by $0.36. The company had revenue of $2.66 billion during the quarter, compared to the consensus estimate of $3.51 billion. Estée Lauder Companies had a positive return on equity of 16.82% and a negative net margin of 4.61%. The firm's revenue for the quarter was down 9.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.97 earnings per share. On average, equities analysts anticipate that The Estée Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.

Estée Lauder Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Friday, May 30th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 2.09%. The ex-dividend date is Friday, May 30th. Estée Lauder Companies's dividend payout ratio is currently -57.85%.

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