UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Cuts Stock Position in The Estée Lauder Companies Inc. (NYSE:EL)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its position in shares of The Estée Lauder Companies Inc. (NYSE:EL - Free Report) by 4.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,018,768 shares of the company's stock after selling 86,225 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.56% of Estée Lauder Companies worth $151,367,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Peterson Wealth Services grew its stake in Estée Lauder Companies by 9.8% in the 4th quarter. Peterson Wealth Services now owns 1,506 shares of the company's stock valued at $113,000 after purchasing an additional 134 shares during the period. MassMutual Private Wealth & Trust FSB raised its stake in shares of Estée Lauder Companies by 42.1% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 476 shares of the company's stock worth $36,000 after purchasing an additional 141 shares during the period. Blue Trust Inc. boosted its holdings in shares of Estée Lauder Companies by 8.7% in the 4th quarter. Blue Trust Inc. now owns 1,853 shares of the company's stock worth $139,000 after buying an additional 148 shares during the last quarter. Smartleaf Asset Management LLC grew its position in Estée Lauder Companies by 47.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 479 shares of the company's stock valued at $36,000 after buying an additional 154 shares during the period. Finally, Deseret Mutual Benefit Administrators increased its holdings in Estée Lauder Companies by 68.7% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 388 shares of the company's stock worth $29,000 after buying an additional 158 shares during the last quarter. 55.15% of the stock is currently owned by institutional investors.

Estée Lauder Companies Price Performance

Shares of EL traded up $3.31 during midday trading on Tuesday, hitting $67.00. 3,753,746 shares of the company traded hands, compared to its average volume of 4,106,226. The Estée Lauder Companies Inc. has a one year low of $48.37 and a one year high of $127.05. The firm has a market cap of $24.10 billion, a P/E ratio of -34.36, a PEG ratio of 6.09 and a beta of 1.12. 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 stock has a 50-day moving average of $60.32 and a 200-day moving average of $68.80.

Estée Lauder Companies (NYSE:EL - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.29 by $0.36. The company had revenue of $2.66 billion during the quarter, compared to analysts' expectations of $3.51 billion. Estée Lauder Companies had a negative net margin of 4.61% and a positive return on equity of 16.82%. Estée Lauder Companies's revenue for the quarter was down 9.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.97 earnings per share. As a group, sell-side analysts predict that The Estée Lauder Companies Inc. will post 1.36 EPS 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. Stockholders of record on Friday, May 30th will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.09%. The ex-dividend date is Friday, May 30th. Estée Lauder Companies's payout ratio is -57.85%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Wall Street Zen cut shares of Estée Lauder Companies from a "hold" rating to a "sell" rating in a research note on Saturday. Wells Fargo & Company lowered their price target on shares of Estée Lauder Companies from $70.00 to $60.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. Stifel Nicolaus dropped their price objective on Estée Lauder Companies from $77.00 to $67.00 and set a "hold" rating on the stock in a research note on Thursday, April 10th. Barclays decreased their target price on Estée Lauder Companies from $71.00 to $64.00 and set an "equal weight" rating for the company in a research report on Thursday, February 6th. Finally, Citigroup lowered their target price on Estée Lauder Companies from $77.00 to $55.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. One 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's stock. According to MarketBeat.com, Estée Lauder Companies presently has an average rating of "Hold" and a consensus price target of $75.20.

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.