Natixis Advisors LLC Sells 158,521 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

Natixis Advisors LLC lessened its holdings in The Estée Lauder Companies Inc. (NYSE:EL - Free Report) by 80.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 39,538 shares of the company's stock after selling 158,521 shares during the period. Natixis Advisors LLC's holdings in Estée Lauder Companies were worth $2,965,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Ameliora Wealth Management Ltd. purchased a new position in Estée Lauder Companies in the fourth quarter worth $29,000. Deseret Mutual Benefit Administrators raised its stake in shares of Estée Lauder Companies by 68.7% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 388 shares of the company's stock worth $29,000 after purchasing an additional 158 shares during the period. Eagle Bay Advisors LLC boosted its holdings in shares of Estée Lauder Companies by 297.0% in the 4th quarter. Eagle Bay Advisors LLC now owns 401 shares of the company's stock worth $30,000 after buying an additional 300 shares during the last quarter. Golden State Wealth Management LLC bought a new position in Estée Lauder Companies during the fourth quarter valued at about $30,000. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in Estée Lauder Companies by 42.1% during 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 institutional investors.

Insider Activity at Estée Lauder Companies

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

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Estée Lauder Companies Trading Up 1.6 %

Estée Lauder Companies stock traded up $1.08 during mid-day trading on Thursday, hitting $66.97. The company's stock had a trading volume of 3,132,355 shares, compared to its average volume of 3,742,255. The business has a 50 day moving average price of $72.49 and a 200-day moving average price of $77.42. The Estée Lauder Companies Inc. has a 12 month low of $62.29 and a 12 month high of $155.73. The stock has a market cap of $24.04 billion, a price-to-earnings ratio of -34.34, a price-to-earnings-growth ratio of 6.09 and a beta of 1.08. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.37 and a quick ratio of 0.97.

Estée Lauder Companies (NYSE:EL - Get Free Report) last issued its earnings results on Tuesday, February 4th. The company reported $0.62 earnings per share for the quarter, beating 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 company had revenue of $4 billion during the quarter, compared to analysts' expectations of $3.98 billion. During the same period in the prior year, the business posted $0.88 EPS. Estée Lauder Companies's quarterly revenue was down 6.4% compared to the same quarter last year. As a group, analysts forecast 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. Investors of record on Friday, February 28th were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 2.09%. The ex-dividend date was Friday, February 28th. Estée Lauder Companies's payout ratio is -71.79%.

Wall Street Analyst Weigh In

EL has been the subject of a number of research reports. Canaccord Genuity Group reduced their target price on shares of Estée Lauder Companies from $76.00 to $70.00 and set a "hold" rating for the company in a research report on Wednesday, February 5th. UBS Group increased their price objective on Estée Lauder Companies from $74.00 to $80.00 and gave the company a "neutral" rating in a report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft dropped 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 research note on Wednesday, January 22nd. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $100.00 price target on shares of Estée Lauder Companies in a report on Friday, January 31st. Finally, Wells Fargo & Company boosted their price objective 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. Twenty analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target 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.