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.



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