The Estée Lauder Companies Inc. (NYSE:EL) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lowered its stake in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 3.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 31,970 shares of the company’s stock after selling 1,136 shares during the quarter. Yousif Capital Management LLC’s holdings in Estée Lauder Companies were worth $4,676,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EL. Rakuten Securities Inc. acquired a new position in shares of Estée Lauder Companies in the 4th quarter valued at $26,000. Arlington Trust Co LLC purchased a new stake in Estée Lauder Companies during the 3rd quarter worth about $32,000. Sunbelt Securities Inc. increased its holdings in Estée Lauder Companies by 82.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 277 shares of the company’s stock worth $40,000 after purchasing an additional 125 shares during the period. Exchange Traded Concepts LLC increased its holdings in Estée Lauder Companies by 1,900.0% during the 3rd quarter. Exchange Traded Concepts LLC now owns 280 shares of the company’s stock worth $40,000 after purchasing an additional 266 shares during the period. Finally, Headinvest LLC purchased a new stake in Estée Lauder Companies during the 3rd quarter worth about $55,000. Institutional investors and hedge funds own 55.15% of the company’s stock.

Estée Lauder Companies Trading Up 1.7 %

Shares of NYSE:EL opened at $147.45 on Friday. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.36 and a quick ratio of 0.96. The company’s 50-day moving average price is $146.86 and its two-hundred day moving average price is $138.25. The stock has a market capitalization of $52.86 billion, a PE ratio of 113.42, a price-to-earnings-growth ratio of 3.80 and a beta of 1.07. The Estée Lauder Companies Inc. has a one year low of $102.22 and a one year high of $250.63.

Estée Lauder Companies (NYSE:EL) last announced its quarterly earnings results on Monday, February 5th. The company reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.33. Estée Lauder Companies had a net margin of 3.08% and a return on equity of 9.78%. The business had revenue of $4.28 billion for the quarter, compared to analyst estimates of $4.19 billion. During the same quarter in the prior year, the business earned $1.54 EPS. Estée Lauder Companies’s quarterly revenue was down 7.4% on a year-over-year basis. On average, equities analysts forecast that The Estée Lauder Companies Inc. will post 2.23 EPS for the current fiscal year.

Estée Lauder Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were paid a $0.66 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $2.64 dividend on an annualized basis and a yield of 1.79%. Estée Lauder Companies’s dividend payout ratio (DPR) is currently 203.08%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on EL. Wells Fargo & Company upped their target price on Estée Lauder Companies from $155.00 to $175.00 and gave the company an “overweight” rating in a research report on Tuesday, February 6th. Raymond James lifted their target price on Estée Lauder Companies from $150.00 to $175.00 and gave the company a “strong-buy” rating in a report on Tuesday, February 6th. Citigroup upgraded Estée Lauder Companies from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $160.00 to $175.00 in a research note on Tuesday, April 2nd. The Goldman Sachs Group assumed coverage on Estée Lauder Companies in a research note on Friday, March 1st. They set a “neutral” rating and a $145.00 price objective on the stock. Finally, Bank of America raised Estée Lauder Companies from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $160.00 to $170.00 in a research report on Thursday, March 28th. One analyst has rated the stock with a sell rating, fifteen have given a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $168.17.

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, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.