Kintegral Advisory LLC Trims Position in The Estée Lauder Companies Inc. (NYSE:EL)

Kintegral Advisory LLC cut its position in The Estée Lauder Companies Inc. (NYSE:EL) by 4.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,456 shares of the company’s stock after selling 254 shares during the period. Kintegral Advisory LLC’s holdings in Estée Lauder Companies were worth $409,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Massachusetts Financial Services Co. MA grew its stake in Estée Lauder Companies by 79.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,723,746 shares of the company’s stock valued at $570,600,000 after acquiring an additional 2,533,006 shares in the last quarter. Two Sigma Advisers LP grew its stake in Estée Lauder Companies by 80.8% during the third quarter. Two Sigma Advisers LP now owns 2,934,200 shares of the company’s stock valued at $292,510,000 after acquiring an additional 1,310,900 shares in the last quarter. Van ECK Associates Corp grew its stake in Estée Lauder Companies by 36.4% during the third quarter. Van ECK Associates Corp now owns 4,041,911 shares of the company’s stock valued at $402,938,000 after acquiring an additional 1,078,926 shares in the last quarter. Worldquant Millennium Advisors LLC grew its stake in Estée Lauder Companies by 695.4% during the third quarter. Worldquant Millennium Advisors LLC now owns 1,123,427 shares of the company’s stock valued at $111,994,000 after acquiring an additional 982,183 shares in the last quarter. Finally, Nuance Investments LLC grew its stake in Estée Lauder Companies by 1,127.5% during the third quarter. Nuance Investments LLC now owns 1,059,080 shares of the company’s stock valued at $105,580,000 after acquiring an additional 972,799 shares in the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.

Estée Lauder Companies Trading Up 0.5 %

EL stock opened at $71.71 on Monday. The company has a market capitalization of $25.74 billion, a PE ratio of -36.77, a P/E/G ratio of 6.09 and a beta of 1.03. The Estée Lauder Companies Inc. has a 12 month low of $62.29 and a 12 month high of $159.54. The firm’s 50-day moving average is $74.83 and its 200 day moving average is $80.89. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.37 and a quick ratio of 0.97.

Estée Lauder Companies (NYSE:EL) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.32 by $0.30. The company had revenue of $4 billion for the quarter, compared to the consensus estimate of $3.98 billion. Estée Lauder Companies had a negative net margin of 4.61% and a positive return on equity of 16.82%. The firm’s revenue was down 6.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.88 EPS. On average, research analysts anticipate that The Estée Lauder Companies Inc. will post 1.36 EPS for the current year.

Estée Lauder Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date is Friday, February 28th. Estée Lauder Companies’s dividend payout ratio (DPR) is -71.79%.

Insider Buying and Selling at Estée Lauder Companies

In other Estée Lauder Companies news, CFO Akhil Shrivastava bought 700 shares of the business’s stock in a transaction on Wednesday, February 5th. The shares were acquired at an average price of $65.79 per share, with a total value of $46,053.00. Following the transaction, the chief financial officer now owns 2,381 shares of the company’s stock, valued at approximately $156,645.99. This trade represents a 41.64 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Paul J. Fribourg acquired 43,000 shares of the business’s stock in a transaction dated Wednesday, February 5th. The stock was purchased at an average cost of $66.35 per share, for a total transaction of $2,853,050.00. Following the transaction, the director now owns 430,800 shares in the company, valued at approximately $28,583,580. The trade was a 11.09 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 12.78% of the company’s stock.

Wall Street Analyst Weigh In

EL has been the subject of several research reports. Citigroup lowered shares of Estée Lauder Companies from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $105.00 to $80.00 in a research report on Thursday, October 31st. B. Riley lowered 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 report on Monday, November 4th. Morgan Stanley lowered their price objective on shares of Estée Lauder Companies from $85.00 to $81.00 and set an “equal weight” rating for the company in a research report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Estée Lauder Companies from $80.00 to $78.00 and set a “hold” rating for the company in a research report on Wednesday, January 22nd. Finally, Canaccord Genuity Group lowered their price objective on shares of Estée Lauder Companies from $76.00 to $70.00 and set a “hold” rating for the company in a research report on Wednesday, February 5th. Twenty investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $86.00.

Estée Lauder Companies 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.