Counterpoint Mutual Funds LLC Grows Stock Holdings in The Estée Lauder Companies Inc. (NYSE:EL)

Counterpoint Mutual Funds LLC boosted its holdings in shares of The Estée Lauder Companies Inc. (NYSE:EL - Free Report) by 308.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,357 shares of the company's stock after purchasing an additional 7,821 shares during the quarter. Counterpoint Mutual Funds LLC's holdings in Estée Lauder Companies were worth $777,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Ameliora Wealth Management Ltd. bought a new stake in shares of Estée Lauder Companies in the fourth quarter worth about $29,000. Deseret Mutual Benefit Administrators grew its position in Estée Lauder Companies by 68.7% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 388 shares of the company's stock worth $29,000 after acquiring an additional 158 shares in the last quarter. Eagle Bay Advisors LLC raised 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 valued at $30,000 after purchasing an additional 300 shares during the period. Golden State Wealth Management LLC bought a new stake in shares of Estée Lauder Companies in the 4th quarter valued at approximately $30,000. Finally, MassMutual Private Wealth & Trust FSB lifted its position in Estée Lauder Companies by 42.1% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 476 shares of the company's stock worth $36,000 after buying an additional 141 shares during the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.

Estée Lauder Companies Price Performance

Shares of NYSE EL traded down $0.98 during midday trading on Friday, hitting $67.04. The stock had a trading volume of 5,872,794 shares, compared to its average volume of 3,733,268. The stock has a 50 day simple moving average of $73.10 and a 200-day simple moving average of $78.18. The Estée Lauder Companies Inc. has a 1 year low of $62.29 and a 1 year high of $155.73. 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 company has a market capitalization of $24.07 billion, a PE ratio of -34.38, a P/E/G ratio of 6.09 and a beta of 1.08.

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

Estée Lauder Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Friday, February 28th were given a $0.35 dividend. The ex-dividend date was Friday, February 28th. This represents a $1.40 dividend on an annualized basis and a yield of 2.09%. Estée Lauder Companies's dividend payout ratio is currently -71.79%.

Insider Transactions at Estée Lauder Companies

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

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised their target price on shares of Estée Lauder Companies from $74.00 to $79.00 and gave the stock a "neutral" rating in a report on Thursday, January 16th. Barclays reduced their price target on Estée Lauder Companies from $71.00 to $64.00 and set an "equal weight" rating on the stock in a report on Thursday, February 6th. Canaccord Genuity Group dropped their price objective on Estée Lauder Companies from $76.00 to $70.00 and set a "hold" rating for the company in a report on Wednesday, February 5th. UBS Group lifted their target price on Estée Lauder Companies from $74.00 to $80.00 and gave the stock a "neutral" rating in a research report on Thursday, January 16th. Finally, Royal Bank of Canada restated an "outperform" rating and issued a $100.00 price target on shares of Estée Lauder Companies in a report on Friday, January 31st. Twenty research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, Estée Lauder Companies has a consensus rating of "Hold" and an average target price of $86.00.

Estée Lauder Companies Company Profile

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.