Two Sigma Advisers LP Sells 12,300 Shares of Estee Lauder Companies Inc (NYSE:EL)

Two Sigma Advisers LP decreased its holdings in shares of Estee Lauder Companies Inc (NYSE:EL) by 81.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 2,800 shares of the company’s stock after selling 12,300 shares during the period. Two Sigma Advisers LP’s holdings in Estee Lauder Companies were worth $446,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Girard Partners LTD. raised its position in shares of Estee Lauder Companies by 4.0% during the 1st quarter. Girard Partners LTD. now owns 1,841 shares of the company’s stock valued at $293,000 after acquiring an additional 70 shares during the last quarter. Cetera Advisor Networks LLC increased its position in shares of Estee Lauder Companies by 2.8% in the 1st quarter. Cetera Advisor Networks LLC now owns 2,844 shares of the company’s stock valued at $453,000 after buying an additional 78 shares in the last quarter. Penserra Capital Management LLC increased its position in shares of Estee Lauder Companies by 20.2% in the 4th quarter. Penserra Capital Management LLC now owns 476 shares of the company’s stock valued at $93,000 after buying an additional 80 shares in the last quarter. Arjuna Capital increased its position in shares of Estee Lauder Companies by 5.4% in the 1st quarter. Arjuna Capital now owns 1,705 shares of the company’s stock valued at $272,000 after buying an additional 88 shares in the last quarter. Finally, Bamco Inc. NY increased its position in shares of Estee Lauder Companies by 16.7% in the 4th quarter. Bamco Inc. NY now owns 621 shares of the company’s stock valued at $128,000 after buying an additional 89 shares in the last quarter. Institutional investors own 55.73% of the company’s stock.

In other Estee Lauder Companies news, EVP Alexandra C. Trower sold 5,500 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $163.08, for a total value of $896,940.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jane Lauder sold 35,596 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $171.45, for a total transaction of $6,102,934.20. Following the completion of the transaction, the director now directly owns 82,930 shares in the company, valued at $14,218,348.50. The disclosure for this sale can be found here. Insiders sold a total of 63,430 shares of company stock valued at $11,143,837 over the last quarter. 14.68% of the stock is currently owned by company insiders.

A number of analysts recently commented on EL shares. Raymond James upped their price objective on shares of Estee Lauder Companies from $188.00 to $207.00 and gave the company an “outperform” rating in a research report on Tuesday, June 16th. Jefferies Financial Group reduced their target price on shares of Estee Lauder Companies from $190.00 to $170.00 in a research note on Wednesday, March 11th. DA Davidson upped their target price on shares of Estee Lauder Companies from $150.00 to $183.00 and gave the stock a “neutral” rating in a research note on Monday, June 8th. They noted that the move was a valuation call. Credit Suisse Group upped their target price on shares of Estee Lauder Companies from $187.00 to $210.00 and gave the stock an “outperform” rating in a research note on Thursday, June 25th. Finally, Stifel Nicolaus upped their target price on shares of Estee Lauder Companies from $180.00 to $185.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and ten have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $193.86.

Shares of NYSE:EL opened at $188.61 on Thursday. Estee Lauder Companies Inc has a 52-week low of $137.01 and a 52-week high of $220.42. The company has a market capitalization of $68.08 billion, a P/E ratio of 53.28, a price-to-earnings-growth ratio of 3.75 and a beta of 0.79. The company has a 50-day simple moving average of $191.67 and a 200 day simple moving average of $188.03. The company has a debt-to-equity ratio of 1.60, a quick ratio of 1.26 and a current ratio of 1.63.

Estee Lauder Companies (NYSE:EL) last issued its earnings results on Friday, May 1st. The company reported $0.85 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.73 by $0.12. Estee Lauder Companies had a net margin of 8.43% and a return on equity of 43.18%. The business had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same period last year, the business posted $1.55 EPS. Estee Lauder Companies’s revenue was down 10.7% on a year-over-year basis. As a group, equities analysts forecast that Estee Lauder Companies Inc will post 4.46 earnings per share for the current year.

Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care products, exfoliators, acne care products, facial masks, cleansing devices, and sun care products; and makeup products, including lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as related items, including compacts, brushes, and other makeup tools.

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Institutional Ownership by Quarter for Estee Lauder Companies (NYSE:EL)

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