Economy

Estee Lauder Companies, Inc. (T (NYSE:EL) Trading Volume Significantly Lower

Northwestern Mutual Wealth Management Company increased Lauder Estee Cos Inc (EL) stake by 306.64% reported in 2017Q2 SEC filing. FTB Advisors Inc. boosted its stake in Estee Lauder Companies by 1.1% in the third quarter. Zurich Insurance Group Ltd FI now owns 60,370 shares of the company's stock worth $5,794,000 after acquiring an additional 19,116 shares during the period.

A number of other large investors have also recently made changes to their positions in the business.

Capital World Investors boosted its holdings in shares of Estee Lauder Companies, Inc. (The) by 3.1% during the second quarter. The hedge fund run by Donald Chiboucis held 795,373 shares of the consumer non-durables company at the end of 2017Q2, valued at $76.34M, up from 326,858 at the end of the previous reported quarter. The correct version of this article can be accessed at https://weekherald.com/2017/10/06/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-estee-lauder-companies-inc-the-el-stock-price.html. (The) by 4.0% in the second quarter. Prudential Financial Inc. now owns 323,600 shares of the company's stock valued at $31,060,000 after buying an additional 10,921 shares during the period. Friess Associates Llc who had been investing in The Estee Lauder Cos. Inc. The company had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.86 billion. The Estee Lauder Companies Inc. has an annual performance rate of 23.14% *. (The) by 146.4% during the second quarter. Short interest fell 1,236,078 over that timeframe. Finally, DA Davidson began coverage on shares of Estee Lauder Companies, Inc. (The) by 8.4% during the second quarter. Pictet & Cie Europe SA now owns 68,141 shares of the company's stock worth $6,540,000 after purchasing an additional 5,289 shares in the last quarter. Automobile Association owns 0.91% invested in Visa Inc (NYSE:V) for 3.19M shares.

The Estee Lauder Companies Inc., launched on December 9, 1976, manufactures and markets skin care, makeup, fragrance and hair care products. (NYSE:EL) traded up 0.14% during trading on Thursday, hitting $110.09. The stock's 50 day moving average is $107.38 and its 200-day moving average is $96.63.

Estee Lauder Companies, Inc. has a 52 week low of $75.30 and a 52 week high of $110.99. The stock has a market cap of $40.62 billion, a PE ratio of 32.96 and a beta of 0.67. (The) (NYSE:EL) last issued its quarterly earnings results on Friday, August 18th. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.08. The business's revenue for the quarter was up 9.4% compared to the same quarter a year ago. Next quarter's EPS is forecasted at $1.41 and the next full year EPS is anticipated to be $4.42. The business's revenue was up 9.4% compared to the same quarter a year ago. As of the last earnings report the EPS was $3.35 and is expected to be $3.98 for the current year with 367,956,000 shares outstanding.

The business also recently declared a quarterly dividend, which was paid on Friday, September 15th. The ex-dividend date was Tuesday the 29th of August 2017. Estee Lauder Companies's dividend payout ratio (DPR) is now 46.90%. Oppenheimer maintained the shares of EL in report on Wednesday, August 9 with "Buy" rating. (The) in a research note on Wednesday, September 27th. Cowen & Co maintained the shares of V in report on Friday, July 21 with "Buy" rating. Deutsche Bank AG reissued a "buy" rating and set a $108.00 price objective (up previously from $102.00) on shares of Estee Lauder Companies, Inc. (The) in a research report on Thursday, July 6th. Columbus Circle Investors bought 468,515 shares as the company's stock rose 8.67% with the market. Also, VP Sara E. Moss sold 14,552 shares of Estee Lauder Companies, Inc. (The) stock in a transaction dated Friday, August 25th. They issued an "outperform" rating and a $124.00 price target on the stock. (The) from $112.00 to $122.00 and gave the company a "hold" rating in a research note on Thursday, September 7th. Analysts have a mean recommendation of 2.50 on this stock (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).

COPYRIGHT VIOLATION NOTICE: This piece was originally published by Equities Focus and is owned by of Equities Focus.

Shares of Estee Lauder Companies, Inc. Estee Lauder had 71 analyst reports since July 21, 2015 according to SRatingsIntel. The stock ended last trade at $33.25 a share and the price is up more than 39.18% so far this year. EVP - Global Supply Chain Gregory Polcer sold 25,000 shares at an average price of $110.00 on Wednesday the 4th. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. About 37,234 shares traded. $100.08's average target is -5.80% below currents $106.24 stock price. Following the transaction, the executive vice president now directly owns 17,841 shares of the company's stock, valued at approximately $1,880,619.81. The disclosure for this sale can be found here. Its share price has risen 15.92% in three months and is up 1.31% for the last five trades. The company was able to keep return on investment at 16.70% in the last twelve months.



Like this

Latest


07 October 2017
Amla, du Plessis tons torment Tigers
Amla was the first to reach three figures on the second day when he scooped a drive off Mustafizur Rahman to the point boundary. According to ESPNCricinfo.com record, Pakistan (2001), India (2007) and Sri Lanka (2007) had done it previously.

07 October 2017
Harrison Ford, Ryan Gosling can't stop laughing in boozy British interview
Harrison Ford and Ryan Gosling were reduced to hysterical laughter during a recent interview with This Morning's Alison Hammond . Hammond ends the interview by taking another swig of whiskey, before telling the pair: " You know, I don't drink ".

07 October 2017
Police begins probe of Mansarovar Park Murder
We will put our entire force into working out this case", said Special Commissioner, Delhi Police, SBK Singh. Deputy Commissioner of Police Nupur Prasad said the motive behind the killings was not known.

07 October 2017
Veteran filmmaker Kundan Shah passes away
Filmmaker Kundan Shah also ventured into the television industry after directing his first movie. Kundan Shah has given cinema some of the best films and TV shows that we've seen growing up.

07 October 2017
F1: Hamilton romps to pole in Japan
After a tough few weeks, Vettel says Ferrari are confident of a good race in Japan. It means Bottas will not be able to start on the grid higher than sixth place.

07 October 2017
75-yr-old dead in flat for 45 days
Although, he was not answering calls, his wife Lakshmi and their daughters did not bother to ask anyone here to check on him. He was alone in the flat, which has a central locking system, on the top floor of Sai Maruti Residency.

07 October 2017
EPA chief: Say goodbye to federal Clean Power Plan
In the 43-page document, the EPA said the Clean Power Plan (CPP) introduced by former President Barack Obama in 2015 was illegal. Clean Power Plan supporters told the media outlets the EPA's cost calculations fail to account for recent power sector trends.

07 October 2017
Chemist says VX byproduct was on Kim murder suspect's shirt
Gooi Soon Seong, lawyer for Siti, told reporters that detection of VX on the women was not enough to convict them. Four North Korean suspects fled Malaysia on the day of the murder.

07 October 2017
@RSSorg Chief Mohan Bhagwat escapes major accident on Yamuna Expressway in Mathura
Singh said the accident happened after the pilot vehicle in Bhagwat's cavalcade had a flat tyre bringing it to a sudden halt. RSS chief Mohan Bhagwat's convoy met with an accident on Friday, while he was travelling to Vrindavan from New Delhi.

07 October 2017
Supporting Narendra Modi was a mistake: Arun Shourie
They had held the decision of demonetisation and poor implementation of GST for the drop in GDP growth rate and job opportunities. Shourie claimed that major economic policies are being decided in "a sealed echo chamber" of "2.5 persons".