Comprehensive Financial Consultants Institutional Inc. Grows Holdings in The Estée Lauder Companies Inc. (NYSE:EL)

Comprehensive Financial Consultants Institutional Inc. raised its position in The Estée Lauder Companies Inc. (NYSE:EL) by 3.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,967 shares of the company’s stock after buying an additional 449 shares during the period. Comprehensive Financial Consultants Institutional Inc.’s holdings in Estée Lauder Companies were worth $1,193,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Rothschild Investment LLC purchased a new stake in shares of Estée Lauder Companies during the second quarter valued at approximately $30,000. PARK CIRCLE Co purchased a new stake in shares of Estée Lauder Companies during the 2nd quarter valued at $32,000. Kimelman & Baird LLC bought a new stake in shares of Estée Lauder Companies during the 2nd quarter worth $32,000. Crewe Advisors LLC purchased a new position in shares of Estée Lauder Companies in the 1st quarter worth about $35,000. Finally, Chilton Capital Management LLC grew its position in Estée Lauder Companies by 163.0% during the first quarter. Chilton Capital Management LLC now owns 263 shares of the company’s stock valued at $41,000 after buying an additional 163 shares during the period. Institutional investors own 55.15% of the company’s stock.

Estée Lauder Companies Trading Up 4.8 %

Shares of Estée Lauder Companies stock opened at $66.31 on Friday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.32 and a quick ratio of 0.90. The Estée Lauder Companies Inc. has a 1 year low of $62.88 and a 1 year high of $159.75. The firm has a market cap of $23.79 billion, a PE ratio of 118.41, a PEG ratio of 2.36 and a beta of 1.05. The company has a 50 day simple moving average of $88.41 and a two-hundred day simple moving average of $104.59.

Estée Lauder Companies (NYSE:EL) last announced its earnings results on Thursday, October 31st. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.05. The company had revenue of $3.36 billion during the quarter, compared to analyst estimates of $3.37 billion. Estée Lauder Companies had a net margin of 1.31% and a return on equity of 17.31%. The firm’s quarterly revenue was down 4.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.11 earnings per share. Analysts expect that The Estée Lauder Companies Inc. will post 2 earnings per share for the current fiscal year.

Estée Lauder Companies Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 2.11%. The ex-dividend date of this dividend is Friday, November 29th. Estée Lauder Companies’s dividend payout ratio is currently 471.43%.

Insider Buying and Selling at Estée Lauder Companies

In other news, Director Lynn Forester sold 3,890 shares of the business’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $93.61, for a total value of $364,142.90. Following the completion of the sale, the director now directly owns 15,209 shares in the company, valued at approximately $1,423,714.49. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, Director Lynn Forester sold 3,890 shares of Estée Lauder Companies stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $93.61, for a total value of $364,142.90. Following the transaction, the director now owns 15,209 shares in the company, valued at approximately $1,423,714.49. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Charlene Barshefsky sold 3,437 shares of the business’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $91.93, for a total value of $315,963.41. Following the completion of the sale, the director now directly owns 49,800 shares of the company’s stock, valued at approximately $4,578,114. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 18,296 shares of company stock worth $1,423,366 over the last ninety days. Insiders own 12.78% of the company’s stock.

Wall Street Analysts Forecast Growth

EL has been the topic of a number of research analyst reports. Stifel Nicolaus cut shares of Estée Lauder Companies from a “buy” rating to a “hold” rating and set a $125.00 target price on the stock. in a research note on Thursday, October 31st. Wells Fargo & Company lowered Estée Lauder Companies from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $105.00 to $72.00 in a report on Thursday, October 31st. Raymond James downgraded Estée Lauder Companies from a “strong-buy” rating to a “market perform” rating in a research report on Monday, July 22nd. Royal Bank of Canada dropped their price target on Estée Lauder Companies from $131.00 to $100.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Estée Lauder Companies from $98.00 to $75.00 and set a “hold” rating for the company in a report on Monday. Nineteen analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $100.90.

Estée Lauder Companies Company 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.