3,807 Shares in The Estee Lauder Companies Inc. (NYSE:EL) Acquired by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC bought a new stake in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,807 shares of the company's stock, valued at approximately $251,000.

Other hedge funds have also recently made changes to their positions in the company. Empowered Funds LLC boosted its stake in shares of Estee Lauder Companies by 8.4% during the 4th quarter. Empowered Funds LLC now owns 3,721 shares of the company's stock valued at $279,000 after purchasing an additional 287 shares in the last quarter. Bank Pictet & Cie Europe AG lifted its holdings in Estee 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 buying an additional 4,690 shares during the period. Venturi Wealth Management LLC boosted its position in Estee Lauder Companies by 1,610.0% during the 4th quarter. Venturi Wealth Management LLC now owns 1,368 shares of the company's stock valued at $103,000 after acquiring an additional 1,288 shares in the last quarter. Kornitzer Capital Management Inc. KS boosted its position in Estee Lauder Companies by 41.0% during the 4th quarter. Kornitzer Capital Management Inc. KS now owns 25,002 shares of the company's stock valued at $1,875,000 after acquiring an additional 7,268 shares in the last quarter. Finally, Kentucky Retirement Systems Insurance Trust Fund grew its holdings in shares of Estee Lauder Companies by 31.4% during the 4th quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 9,067 shares of the company's stock worth $683,000 after acquiring an additional 2,168 shares during the period. 55.15% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Wells Fargo & Company lowered their target price on Estee Lauder Companies from $70.00 to $60.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 16th. JPMorgan Chase & Co. decreased their price objective on Estee Lauder Companies from $72.00 to $61.00 and set a "neutral" rating for the company in a report on Friday, April 11th. Canaccord Genuity Group lowered their price objective on Estee Lauder Companies from $70.00 to $62.00 and set a "hold" rating for the company in a research report on Tuesday, April 29th. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $76.00 target price on shares of Estee Lauder Companies in a research report on Thursday, May 1st. Finally, Wall Street Zen lowered shares of Estee Lauder Companies from a "hold" rating to a "sell" rating in a research note on Saturday, May 24th. 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's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $75.15.

Estee Lauder Companies Stock Performance

Shares of NYSE:EL traded up $0.57 during midday trading on Friday, reaching $75.29. 5,264,411 shares of the company's stock traded hands, compared to its average volume of 4,195,784. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.02 and a current ratio of 1.41. The Estee Lauder Companies Inc. has a one year low of $48.37 and a one year high of $115.82. The company has a market cap of $27.09 billion, a price-to-earnings ratio of -31.11, a P/E/G ratio of 9.33 and a beta of 1.12. The stock has a 50 day moving average of $63.85 and a 200 day moving average of $68.95.

Estee Lauder Companies (NYSE:EL - Get Free Report) last issued 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. The business had revenue of $2.66 billion during the quarter, compared to analyst estimates of $3.51 billion. Estee Lauder Companies had a positive return on equity of 15.60% and a negative net margin of 5.89%. Estee Lauder Companies's revenue was down 9.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.97 EPS. As a group, equities research analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estee Lauder Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Friday, May 30th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date of this dividend was Friday, May 30th. Estee Lauder Companies's dividend payout ratio (DPR) is presently -57.85%.

Estee 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.