UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $209.85 Million Stock Position in The Estée Lauder Companies Inc. (NYSE:EL)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its position in The Estée Lauder Companies Inc. (NYSE:EL - Free Report) by 1.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,104,993 shares of the company's stock after selling 31,351 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.59% of Estée Lauder Companies worth $209,847,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Rothschild Investment LLC purchased a new stake in Estée Lauder Companies in the second quarter valued at approximately $30,000. Ashton Thomas Securities LLC purchased a new stake in Estée Lauder Companies during the third quarter worth approximately $31,000. PARK CIRCLE Co purchased a new stake in Estée Lauder Companies during the second quarter worth approximately $32,000. Kimelman & Baird LLC purchased a new stake in Estée Lauder Companies during the second quarter worth approximately $32,000. Finally, Chilton Capital Management LLC grew its stake in Estée Lauder Companies by 63.9% during the second quarter. Chilton Capital Management LLC now owns 431 shares of the company's stock worth $46,000 after buying an additional 168 shares during the period. Institutional investors and hedge funds own 55.15% of the company's stock.

Insiders Place Their Bets

In other news, CEO Fabrizio Freda sold 10,969 shares of the business's stock in a transaction on Friday, November 1st. The shares were sold at an average price of $67.76, for a total value of $743,259.44. Following the sale, the chief executive officer now owns 295,838 shares in the company, valued at approximately $20,045,982.88. The trade was a 3.58 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Paul J. Fribourg bought 77,500 shares of Estée Lauder Companies stock in a transaction dated Friday, November 15th. The stock was purchased at an average price of $64.01 per share, for a total transaction of $4,960,775.00. Following the purchase, the director now directly owns 234,500 shares in the company, valued at $15,010,345. This represents a 49.36 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 12.78% of the company's stock.

Estée Lauder Companies Stock Performance

Shares of Estée Lauder Companies stock traded down $1.48 during midday trading on Friday, hitting $72.12. The company had a trading volume of 3,620,919 shares, compared to its average volume of 5,574,799. The business's 50 day simple moving average is $81.43 and its two-hundred day simple moving average is $96.20. The stock has a market cap of $25.89 billion, a PE ratio of 128.79, a P/E/G ratio of 4.67 and a beta of 1.05. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.32 and a quick ratio of 0.90. The Estée Lauder Companies Inc. has a 1-year low of $62.29 and a 1-year high of $159.75.

Estée Lauder Companies (NYSE:EL - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.05. The business had revenue of $3.36 billion for the quarter, compared to the consensus estimate of $3.37 billion. Estée Lauder Companies had a net margin of 1.31% and a return on equity of 17.31%. Estée Lauder Companies's quarterly revenue was down 4.5% on a year-over-year basis. During the same quarter last year, the company posted $0.11 earnings per share. As a group, equities analysts predict that The Estée Lauder Companies Inc. will post 1.48 EPS for the current fiscal year.

Estée Lauder Companies Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be paid a $0.35 dividend. The ex-dividend date is Friday, November 29th. This represents a $1.40 annualized dividend and a dividend yield of 1.94%. Estée Lauder Companies's payout ratio is 471.43%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on EL shares. B. Riley decreased their price objective on shares of Estée Lauder Companies from $95.00 to $70.00 and set a "neutral" rating for the company in a research note on Monday, November 4th. Stifel Nicolaus downgraded shares of Estée Lauder Companies from a "buy" rating to a "hold" rating and set a $125.00 price objective for the company. in a research note on Thursday, October 31st. JPMorgan Chase & Co. downgraded shares of Estée Lauder Companies from an "overweight" rating to a "neutral" rating and decreased their price objective for the stock from $113.00 to $74.00 in a research note on Friday, November 1st. Canaccord Genuity Group decreased their target price on shares of Estée Lauder Companies from $100.00 to $75.00 and set a "hold" rating for the company in a research note on Friday, November 1st. Finally, Morgan Stanley decreased their target price on shares of Estée Lauder Companies from $100.00 to $85.00 and set an "equal weight" rating for the company in a research note on Friday, November 1st. Nineteen analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $98.57.

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.