Barclays PLC Has $10.95 Million Holdings in Coty Inc. (NYSE:COTY)

Barclays PLC increased its holdings in shares of Coty Inc. (NYSE:COTY - Free Report) by 147.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,165,806 shares of the company's stock after acquiring an additional 693,961 shares during the period. Barclays PLC owned approximately 0.13% of Coty worth $10,947,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Blue Trust Inc. increased its position in shares of Coty by 330.3% in the third quarter. Blue Trust Inc. now owns 3,107 shares of the company's stock valued at $31,000 after buying an additional 2,385 shares in the last quarter. WealthShield Partners LLC purchased a new position in Coty during the 2nd quarter valued at about $100,000. Fifth Third Wealth Advisors LLC acquired a new position in Coty during the second quarter worth about $107,000. Capstone Investment Advisors LLC purchased a new stake in shares of Coty in the third quarter valued at about $109,000. Finally, Envestnet Portfolio Solutions Inc. grew its position in shares of Coty by 9.8% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 12,388 shares of the company's stock valued at $124,000 after purchasing an additional 1,104 shares during the last quarter. Institutional investors and hedge funds own 42.36% of the company's stock.

Coty Trading Down 1.9 %

Shares of COTY traded down $0.14 during midday trading on Tuesday, hitting $7.32. The stock had a trading volume of 3,642,452 shares, compared to its average volume of 4,274,153. The company has a current ratio of 0.85, a quick ratio of 0.55 and a debt-to-equity ratio of 0.93. The firm has a market cap of $6.36 billion, a P/E ratio of 43.41, a price-to-earnings-growth ratio of 0.75 and a beta of 1.89. Coty Inc. has a fifty-two week low of $6.93 and a fifty-two week high of $13.30. The business has a 50-day simple moving average of $7.67 and a two-hundred day simple moving average of $8.93.

Coty (NYSE:COTY - Get Free Report) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.19 by ($0.04). Coty had a return on equity of 9.16% and a net margin of 2.78%. The business had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter in the prior year, the company posted $0.09 earnings per share. The company's revenue for the quarter was up 1.8% on a year-over-year basis. As a group, equities analysts forecast that Coty Inc. will post 0.51 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft dropped their price target on Coty from $14.00 to $12.00 and set a "buy" rating for the company in a research report on Wednesday, October 16th. Citigroup cut their price objective on shares of Coty from $10.50 to $10.00 and set a "neutral" rating on the stock in a report on Monday, October 14th. JPMorgan Chase & Co. lowered their price objective on shares of Coty from $11.00 to $10.00 and set a "neutral" rating for the company in a research note on Tuesday, October 15th. Canaccord Genuity Group reaffirmed a "buy" rating and set a $14.00 price target on shares of Coty in a research report on Tuesday, October 15th. Finally, Evercore ISI restated an "outperform" rating and set a $15.00 price objective on shares of Coty in a research note on Wednesday, August 21st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $11.41.

Coty Profile

Coty Inc, together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. It operates through Prestige and Consumer Beauty segments. The company provides fragrance, color cosmetics, and skin and body care products. It offers Prestige segment products primarily through prestige retailers, including perfumeries, department stores, e-retailers, direct-to-consumer websites, and duty-free shops under the Burberry, Calvin Klein, Chloe, Davidoff, Escada, Gucci, Hugo Boss, Jil Sander, Joop!, Kylie Jenner, Lancaster, Marc Jacobs, Miu Miu, Orveda, philosophy, SKKN BY KIM, and Tiffany & Co brands.