Coty Inc. (NYSE:COTY) Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. decreased its position in Coty Inc. (NYSE:COTY) by 25.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,987 shares of the company’s stock after selling 11,985 shares during the quarter. Hantz Financial Services Inc.’s holdings in Coty were worth $338,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in COTY. Blue Trust Inc. grew its stake in shares of Coty by 330.3% in the third quarter. Blue Trust Inc. now owns 3,107 shares of the company’s stock valued at $31,000 after buying an additional 2,385 shares in the last quarter. Quent Capital LLC increased its stake in Coty by 1,448.8% during the second quarter. Quent Capital LLC now owns 5,142 shares of the company’s stock worth $52,000 after purchasing an additional 4,810 shares during the period. WealthShield Partners LLC acquired a new stake in shares of Coty during the second quarter worth about $100,000. Fifth Third Wealth Advisors LLC purchased a new position in shares of Coty in the second quarter valued at approximately $107,000. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in shares of Coty by 9.8% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 12,388 shares of the company’s stock valued at $124,000 after purchasing an additional 1,104 shares in the last quarter. 42.36% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

COTY has been the topic of a number of research reports. Royal Bank of Canada reiterated an “outperform” rating and set a $14.00 target price on shares of Coty in a report on Tuesday, October 15th. Barclays lowered Coty from an “equal weight” rating to an “underweight” rating and decreased their target price for the company from $8.00 to $7.00 in a report on Thursday, November 7th. DA Davidson reduced their price target on Coty from $14.50 to $12.50 and set a “buy” rating on the stock in a research report on Monday, November 11th. Evercore ISI reissued an “outperform” rating and set a $15.00 price objective on shares of Coty in a research report on Wednesday, August 21st. Finally, TD Cowen cut shares of Coty from a “buy” rating to a “hold” rating and reduced their target price for the company from $11.00 to $8.50 in a report on Wednesday, November 13th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, Coty presently has an average rating of “Moderate Buy” and a consensus target price of $11.56.

Coty Stock Down 0.3 %

Shares of NYSE COTY opened at $7.39 on Monday. The stock has a market cap of $6.43 billion, a PE ratio of 43.47, a price-to-earnings-growth ratio of 0.73 and a beta of 1.91. Coty Inc. has a 52-week low of $6.93 and a 52-week high of $13.30. The business has a 50-day moving average price of $8.02 and a 200 day moving average price of $9.16. The company has a quick ratio of 0.55, a current ratio of 0.85 and a debt-to-equity ratio of 0.93.

Coty (NYSE:COTY) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.04). Coty had a net margin of 2.78% and a return on equity of 9.16%. The firm had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.67 billion. During the same period in the previous year, the company posted $0.09 earnings per share. Coty’s revenue was up 1.8% compared to the same quarter last year. Equities research analysts forecast that Coty Inc. will post 0.51 earnings per share for the current year.

Coty Profile

Coty Inc, together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. It operates through Prestige and Consumer Beauty segments. The company provides fragrance, color cosmetics, and skin and body care products. It offers Prestige segment products primarily through prestige retailers, including perfumeries, department stores, e-retailers, direct-to-consumer websites, and duty-free shops under the Burberry, Calvin Klein, Chloe, Davidoff, Escada, Gucci, Hugo Boss, Jil Sander, Joop!, Kylie Jenner, Lancaster, Marc Jacobs, Miu Miu, Orveda, philosophy, SKKN BY KIM, and Tiffany & Co brands.