S.E.E.D. Planning Group LLC Trims Stock Holdings in The Estée Lauder Companies Inc. (NYSE:EL)

S.E.E.D. Planning Group LLC lowered its position in The Estée Lauder Companies Inc. (NYSE:EL - Free Report) by 6.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 127,753 shares of the company's stock after selling 8,813 shares during the quarter. Estée Lauder Companies makes up about 2.8% of S.E.E.D. Planning Group LLC's portfolio, making the stock its 14th biggest position. S.E.E.D. Planning Group LLC's holdings in Estée Lauder Companies were worth $8,432,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Partnership Wealth Management LLC grew its stake in Estée Lauder Companies by 5.6% in the first quarter. Partnership Wealth Management LLC now owns 14,714 shares of the company's stock worth $971,000 after purchasing an additional 783 shares in the last quarter. GAMMA Investing LLC grew its stake in Estée Lauder Companies by 8,283.2% in the first quarter. GAMMA Investing LLC now owns 238,920 shares of the company's stock worth $15,769,000 after purchasing an additional 236,070 shares in the last quarter. First Hawaiian Bank grew its stake in Estée Lauder Companies by 2.9% in the first quarter. First Hawaiian Bank now owns 7,200 shares of the company's stock worth $475,000 after purchasing an additional 200 shares in the last quarter. Cullen Investment Group LTD. grew its stake in Estée Lauder Companies by 7.0% in the first quarter. Cullen Investment Group LTD. now owns 9,856 shares of the company's stock worth $650,000 after purchasing an additional 642 shares in the last quarter. Finally, Cacti Asset Management LLC grew its stake in Estée Lauder Companies by 133.3% in the first quarter. Cacti Asset Management LLC now owns 7,000 shares of the company's stock worth $458,000 after purchasing an additional 4,000 shares in the last quarter. Institutional investors own 55.15% of the company's stock.

Analyst Upgrades and Downgrades

EL has been the topic of several recent research reports. UBS Group increased their target price on Estée Lauder Companies from $60.00 to $62.00 and gave the company a "neutral" rating in a research report on Friday, May 2nd. Wells Fargo & Company dropped their target price on Estée Lauder Companies from $70.00 to $60.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 16th. DA Davidson reaffirmed a "buy" rating and set a $81.00 target price on shares of Estée Lauder Companies in a research report on Tuesday, February 25th. Stifel Nicolaus dropped their target price on Estée Lauder Companies from $77.00 to $67.00 and set a "hold" rating on the stock in a research report on Thursday, April 10th. Finally, JPMorgan Chase & Co. dropped their target price 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 analyst has rated the stock with a sell rating, eighteen have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $75.15.

Estée Lauder Companies Stock Down 2.5%

Shares of Estée Lauder Companies stock traded down $1.75 during trading on Friday, reaching $66.92. The company's stock had a trading volume of 4,617,461 shares, compared to its average volume of 4,127,205. The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 1.75. The company has a market cap 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. The Estée Lauder Companies Inc. has a 1-year low of $48.37 and a 1-year high of $125.90. The company has a 50-day simple moving average of $60.33 and a two-hundred day simple moving average of $68.87.

Estée Lauder Companies (NYSE:EL - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.29 by $0.36. The company had revenue of $2.66 billion during the quarter, compared to analyst estimates 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 quarterly revenue was down 9.9% on a year-over-year basis. During the same quarter last year, the business posted $0.97 EPS. As a group, equities analysts forecast that The Estée Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estée Lauder Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Friday, May 30th will be paid a $0.35 dividend. The ex-dividend date is Friday, May 30th. This represents a $1.40 dividend on an annualized basis and a yield of 2.09%. Estée Lauder Companies's dividend payout ratio (DPR) is -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.