Economy

Citigroup Inc. Reiterates "Outperform" Rating for Estee Lauder Companies, Inc. (The) (EL)

Principal Financial Group Inc. lifted its stake in Estee Lauder Companies, Inc.

Several other institutional investors also recently made changes to their positions in EL. Prudential Financial Inc. raised its stake in shares of Estee Lauder Companies, Inc. (The) during the second quarter worth $2,266,000.

Additionally, here are a few investment firms who have increased or decreased their stake in (EL). (The) by 8.6% during the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 53,226 shares of the company's stock valued at $5,109,000 after acquiring an additional 9,087 shares during the period. (The) by 36.0% during the 2nd quarter. Lloyds Banking Group plc now owns 1,887 shares of the company's stock worth $181,000 after purchasing an additional 26 shares during the period. Swiss National Bank raised its holdings in Estee Lauder Companies, Inc. (The) by 2.6% during the 2nd quarter. Israel Discount Bank of NY acquired a new stake in Estee Lauder Companies, Inc. (The) during the 2nd quarter valued at $220,000. Finally, Engineers Gate Manager LP boosted its holdings in Estee Lauder Companies, Inc. (The) by 20.6% during the 2nd quarter. Ltd. now owns 38,552 shares of the company's stock valued at $3,414,000 after buying an additional 4,343 shares during the period. (EL) stock; watched recent volatility movements, they can see that shares have been recorded at 1.15% for the week, and 1.29% for the last month. On average, equities analysts forecast that Estee Lauder Companies, Inc. will post $3.97 earnings per share for the current fiscal year. Morgan Stanley maintained the shares of EL in report on Wednesday, March 23 with "Overweight" rating. The stock traded on unusually reduced volume of 2.34 Million comparing to the average volume of 3434.33 shares, completing picture of exact trends with uncompleted dots in volume over the norm. The Company's products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced. Beta can be useful to gauge stock price volatility in relation to the broader market. (The) (NYSE:EL) last released its quarterly earnings data on Friday, August 18th. The company reported $0.91 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.18. The business had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.86 billion. Estee Lauder Companies had a net margin of 9.50% and a return on equity of 32.36%. The dividend payment was $0.340 per share for the quarter or $1.36 on an annualized basis. Zacks Investment Research upgraded shares of Estee Lauder Companies, Inc. On Friday, September 25 the stock rating was maintained by Stifel Nicolaus with "Buy". Royal Bank of Canada reissued a "buy" rating and issued a $100.00 price objective on shares of Estee Lauder Companies in a research report on Thursday, January 19th. The firm earned "Buy" rating on Tuesday, August 8 by RBC Capital Markets. A recommendation of 1 or 2 would represent a consensus Buy. (The)'s dividend payout ratio is presently 40.60%.

EL has been the topic of several research reports. About shares traded. Estee Lauder Companies Inc (NYSE:EL) has risen 1.49% since September 22, 2016 and is uptrending. Stifel Nicolaus maintained the stock with "Buy" rating in Tuesday, June 6 report. It improved, as 48 investors sold Estee Lauder Companies Inc shares while 192 reduced holdings. HSBC Holdings had 18 analyst reports since September 30, 2015 according to SRatingsIntel. Moreover, Ci Invs has 0.46% invested in Estee Lauder Companies Inc (NYSE:EL). Finally, Lloyds Banking Group plc raised its holdings in shares of Estee Lauder Companies, Inc. A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range. The stock's average target of $103.91 is -4.01% below today's ($108.25) share price.

COPYRIGHT VIOLATION WARNING: This article was posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this piece of content on another publication, it was copied illegally and republished in violation of United States & global copyright & trademark legislation. The legal version of this article can be accessed at https://www.dispatchtribunal.com/2017/09/23/hpm-partners-llc-has-5-06-million-position-in-estee-lauder-companies-inc-the-el.html. Estee Lauder Companies, Inc. The shares were sold at an average price of $100.22, for a total value of $1,458,401.44. Following the completion of the sale, the executive vice president now directly owns 5,929 shares in the company, valued at $643,652.24. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, insider John Demsey sold 21,010 shares of the firm's stock in a transaction on Monday, March 13th. The shares were sold at an average price of $95.08, for a total transaction of $1,509,870.40. Bronfman E.L. Rothschild has an ownership of 1,298 stocks of the firms shares valued $110,000 after scooping up an extra 346 stocks in the previous period.

Paul J. Fribourg, Director disclosed the sale of 32,640 shares. In the last three months, insiders sold 568,791 shares of company stock valued at $60,070,365. The Firm offers products, including skin care, makeup, fragrance, hair care and other. The Company operates in beauty products segment.



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