Ibex Wealth Advisors bought a new stake in Estee Lauder Companies Inc (NYSE:EL) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 10,997 shares of the company’s stock, valued at approximately $1,440,000.
Several other hedge funds have also modified their holdings of EL. Jennison Associates LLC acquired a new stake in shares of Estee Lauder Companies during the 3rd quarter valued at $664,432,000. BlackRock Inc. boosted its holdings in shares of Estee Lauder Companies by 6.4% during the 4th quarter. BlackRock Inc. now owns 15,790,395 shares of the company’s stock valued at $2,009,170,000 after acquiring an additional 944,997 shares in the last quarter. Investec Asset Management LTD boosted its holdings in shares of Estee Lauder Companies by 931.2% during the 3rd quarter. Investec Asset Management LTD now owns 1,040,505 shares of the company’s stock valued at $112,208,000 after acquiring an additional 939,600 shares in the last quarter. Public Employees Retirement Association of Colorado boosted its holdings in shares of Estee Lauder Companies by 1,356.5% during the 3rd quarter. Public Employees Retirement Association of Colorado now owns 617,310 shares of the company’s stock valued at $66,571,000 after acquiring an additional 574,926 shares in the last quarter. Finally, Old Mutual Global Investors UK Ltd. acquired a new stake in shares of Estee Lauder Companies during the 4th quarter valued at $69,462,000. 53.84% of the stock is currently owned by hedge funds and other institutional investors.
In other news, VP Sara E. Moss sold 30,044 shares of Estee Lauder Companies stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $140.40, for a total value of $4,218,177.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Tracey Thomas Travis sold 5,000 shares of Estee Lauder Companies stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $137.02, for a total value of $685,100.00. Following the completion of the transaction, the chief financial officer now directly owns 24,467 shares of the company’s stock, valued at $3,352,468.34. The disclosure for this sale can be found here. Over the last three months, insiders sold 232,006 shares of company stock valued at $31,246,148. Corporate insiders own 16.24% of the company’s stock.
Estee Lauder Companies Inc (NYSE EL) opened at $143.29 on Tuesday. Estee Lauder Companies Inc has a 12-month low of $81.69 and a 12-month high of $143.63. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.76 and a quick ratio of 1.33. The firm has a market capitalization of $52,367.63, a PE ratio of 49.75, a PEG ratio of 2.53 and a beta of 0.74.
Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Friday, February 2nd. The company reported $1.52 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.44 by $0.08. Estee Lauder Companies had a return on equity of 34.86% and a net margin of 8.43%. The firm had revenue of $3.74 billion during the quarter, compared to analyst estimates of $3.68 billion. During the same period last year, the company posted $1.22 EPS. The business’s quarterly revenue was up 16.7% on a year-over-year basis. research analysts predict that Estee Lauder Companies Inc will post 4.36 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Wednesday, February 28th will be given a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 1.06%. The ex-dividend date is Tuesday, February 27th. Estee Lauder Companies’s dividend payout ratio (DPR) is presently 52.78%.
Estee Lauder Companies Company Profile
The Estee Lauder Companies Inc manufactures and markets skin care, makeup, fragrance and hair care products. The Company offers products, including skin care, makeup, fragrance, hair care and other. The Company operates in beauty products segment. The Company’s products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.
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