Blueshift Asset Management LLC Buys Shares of 19,367 The Estée Lauder Companies Inc. (NYSE:EL)

Blueshift Asset Management LLC bought a new position in shares of The Estée Lauder Companies Inc. (NYSE:EL - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 19,367 shares of the company's stock, valued at approximately $1,452,000.

A number of other large investors have also recently made changes to their positions in the stock. Ameliora Wealth Management Ltd. bought a new position in Estée Lauder Companies in the 4th quarter valued at $29,000. Deseret Mutual Benefit Administrators boosted its stake in Estée Lauder Companies by 68.7% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 388 shares of the company's stock valued at $29,000 after buying an additional 158 shares during the period. Eagle Bay Advisors LLC grew its position in Estée Lauder Companies by 297.0% during the fourth quarter. Eagle Bay Advisors LLC now owns 401 shares of the company's stock worth $30,000 after buying an additional 300 shares in the last quarter. Golden State Wealth Management LLC bought a new position in Estée Lauder Companies in the 4th quarter worth about $30,000. Finally, MassMutual Private Wealth & Trust FSB boosted its position 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 valued at $36,000 after acquiring an additional 141 shares during the last quarter. 55.15% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

EL has been the topic of several research analyst reports. Morgan Stanley decreased their price objective on shares of Estée Lauder Companies from $85.00 to $81.00 and set an "equal weight" rating on the stock in a research report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Estée Lauder Companies from $80.00 to $78.00 and set a "hold" rating on the stock in a report on Wednesday, January 22nd. Royal Bank of Canada reaffirmed an "outperform" rating and set a $100.00 price objective on shares of Estée Lauder Companies in a report on Friday, January 31st. Wells Fargo & Company increased their target price on Estée Lauder Companies from $74.00 to $80.00 and gave the company an "equal weight" rating in a research note on Thursday, January 30th. Finally, Canaccord Genuity Group dropped their price target on Estée Lauder Companies from $76.00 to $70.00 and set a "hold" rating for the company in a research note on Wednesday, February 5th. Twenty analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $86.00.

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Estée Lauder Companies Stock Up 0.8 %

Shares of EL stock traded up $0.50 during trading hours on Monday, hitting $67.45. 2,874,815 shares of the company's stock traded hands, compared to its average volume of 3,745,243. The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 1.75. The stock has a market cap of $24.21 billion, a price-to-earnings ratio of -34.59, a PEG ratio of 6.09 and a beta of 1.08. The stock's fifty day simple moving average is $72.82 and its two-hundred day simple moving average is $77.65. The Estée Lauder Companies Inc. has a 12-month low of $62.29 and a 12-month high of $155.73.

Estée Lauder Companies (NYSE:EL - Get Free Report) last released its earnings results on Tuesday, February 4th. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.32 by $0.30. Estée Lauder Companies had a positive return on equity of 16.82% and a negative net margin of 4.61%. The business had revenue of $4 billion for the quarter, compared to the consensus estimate of $3.98 billion. During the same period in the previous year, the company posted $0.88 earnings per share. The company's revenue for the quarter was down 6.4% compared to the same quarter last year. On average, analysts expect that The Estée Lauder Companies Inc. will post 1.36 EPS for the current year.

Estée Lauder Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Friday, February 28th were issued a $0.35 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.40 annualized dividend and a yield of 2.08%. Estée Lauder Companies's dividend payout ratio (DPR) is presently -71.79%.

Insider Transactions at Estée Lauder Companies

In other Estée Lauder Companies news, CFO Akhil Shrivastava acquired 700 shares of the company's stock in a transaction that occurred on Wednesday, February 5th. The shares were bought at an average cost of $65.79 per share, with a total value of $46,053.00. Following the completion of the transaction, the chief financial officer now directly owns 2,381 shares of the company's stock, valued at approximately $156,645.99. This represents a 41.64 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Paul J. Fribourg bought 43,000 shares of the firm's stock in a transaction on Wednesday, February 5th. The stock was acquired at an average cost of $66.35 per share, with a total value of $2,853,050.00. Following the transaction, the director now owns 430,800 shares in the company, valued at $28,583,580. The trade was a 11.09 % increase in their position. The disclosure for this purchase can be found here. Insiders own 12.78% of the company's stock.

About Estée Lauder Companies

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.