The Estée Lauder Companies Inc. (NYSE:EL) Shares Sold by Compagnie Lombard Odier SCmA

Compagnie Lombard Odier SCmA trimmed its holdings in The Estée Lauder Companies Inc. (NYSE:EL - Free Report) by 15.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 244,419 shares of the company's stock after selling 46,141 shares during the period. Compagnie Lombard Odier SCmA owned about 0.07% of Estée Lauder Companies worth $16,132,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Bank Pictet & Cie Europe AG increased its holdings in shares of Estée Lauder Companies by 5.4% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 91,200 shares of the company's stock worth $6,838,000 after purchasing an additional 4,690 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Estée Lauder Companies by 47.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 479 shares of the company's stock worth $36,000 after purchasing an additional 154 shares during the last quarter. Banque Pictet & Cie SA increased its stake in Estée Lauder Companies by 2.1% during the fourth quarter. Banque Pictet & Cie SA now owns 1,538,034 shares of the company's stock worth $115,322,000 after acquiring an additional 30,971 shares during the last quarter. Asset Management One Co. Ltd. increased its stake in Estée Lauder Companies by 1.5% during the fourth quarter. Asset Management One Co. Ltd. now owns 90,785 shares of the company's stock worth $6,774,000 after acquiring an additional 1,330 shares during the last quarter. Finally, Savant Capital LLC bought a new stake in Estée Lauder Companies during the fourth quarter worth approximately $1,385,000. 55.15% of the stock is owned by institutional investors.

Estée Lauder Companies Stock Down 3.9%

Estée Lauder Companies stock traded down $2.76 during mid-day trading on Friday, reaching $67.23. 3,199,379 shares of the company were exchanged, compared to its average volume of 4,151,202. The business has a fifty day moving average of $61.78 and a 200 day moving average of $68.88. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.97 and a current ratio of 1.37. The firm has a market cap of $24.19 billion, a P/E ratio of -34.48, a PEG ratio of 6.09 and a beta of 1.12. The Estée Lauder Companies Inc. has a 12-month low of $48.37 and a 12-month high of $115.82.

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

Estée Lauder Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Friday, May 30th will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $1.40 annualized dividend and a dividend yield of 2.08%. Estée Lauder Companies's dividend payout ratio is presently -57.85%.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. UBS Group upped their target price on Estée Lauder Companies from $60.00 to $62.00 and gave the company a "neutral" rating in a research note 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. Telsey Advisory Group reaffirmed a "market perform" rating and set a $76.00 target price on shares of Estée Lauder Companies in a research note on Thursday, May 1st. Royal Bank of Canada cut their target price on Estée Lauder Companies from $100.00 to $90.00 and set an "outperform" rating on the stock in a research note on Friday, May 2nd. Finally, B. Riley reaffirmed a "neutral" rating and set a $60.00 target price (down previously from $70.00) on shares of Estée Lauder Companies in a research note on Friday, May 2nd. One research analyst has rated the stock with a sell rating, eighteen have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $75.15.

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, and powders, as well as compacts, brushes, and other makeup tools.