Ameliora Wealth Management Ltd. Purchases New Position in The Estée Lauder Companies Inc. (NYSE:EL)

Ameliora Wealth Management Ltd. acquired a new stake in The Estée Lauder Companies Inc. (NYSE:EL) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 385 shares of the company’s stock, valued at approximately $29,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EL. Massachusetts Financial Services Co. MA grew its holdings 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 purchasing an additional 2,533,006 shares during the period. Two Sigma Advisers LP grew its holdings 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 purchasing an additional 1,310,900 shares during the period. Van ECK Associates Corp grew its holdings 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 purchasing an additional 1,078,926 shares during the period. Worldquant Millennium Advisors LLC lifted its stake in Estée Lauder Companies by 695.4% in the third quarter. Worldquant Millennium Advisors LLC now owns 1,123,427 shares of the company’s stock valued at $111,994,000 after buying an additional 982,183 shares in the last quarter. Finally, Nuance Investments LLC lifted its stake in Estée Lauder Companies by 1,127.5% in the third quarter. Nuance Investments LLC now owns 1,059,080 shares of the company’s stock valued at $105,580,000 after buying an additional 972,799 shares in the last quarter. Institutional investors and hedge funds own 55.15% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on EL shares. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $76.00 price target on shares of Estée Lauder Companies in a research note on Tuesday. Canaccord Genuity Group cut their price objective on shares of Estée Lauder Companies from $76.00 to $70.00 and set a “hold” rating on the stock in a research report on Wednesday. The Goldman Sachs Group dropped their price target on shares of Estée Lauder Companies from $100.00 to $75.00 and set a “neutral” rating on the stock in a research report on Friday, November 1st. UBS Group upped their price target on shares of Estée Lauder Companies from $74.00 to $80.00 and gave the stock a “neutral” rating in a research report on Thursday, January 16th. Finally, CICC Research started coverage on shares of Estée Lauder Companies in a research report on Friday, December 27th. They set a “market perform” rating and a $82.00 price target on the stock. Twenty investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $86.00.

Insider Buying and Selling

In related news, Director Paul J. Fribourg purchased 77,500 shares of the firm’s stock in a transaction dated Friday, November 15th. The shares were purchased at an average cost of $64.01 per share, for a total transaction of $4,960,775.00. Following the completion of the transaction, the director now directly owns 234,500 shares in the company, valued at approximately $15,010,345. This represents a 49.36 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 12.78% of the stock is owned by insiders.

Estée Lauder Companies Stock Performance

Shares of EL stock opened at $64.34 on Friday. The firm has a market capitalization of $23.10 billion, a PE ratio of 114.89, a price-to-earnings-growth ratio of 5.89 and a beta of 1.03. The firm has a fifty day simple moving average of $77.05 and a two-hundred day simple moving average of $83.39. The company has a current ratio of 1.32, a quick ratio of 0.90 and a debt-to-equity ratio of 1.44. The Estée Lauder Companies Inc. has a 12 month low of $62.29 and a 12 month high of $159.54.

Estée Lauder Companies (NYSE:EL) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.30. The business had revenue of $4 billion during the quarter, compared to analyst estimates of $3.98 billion. Estée Lauder Companies had a net margin of 1.31% and a return on equity of 17.31%. Estée Lauder Companies’s quarterly revenue was down 6.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.88 EPS. Analysts forecast that The Estée Lauder Companies Inc. will post 1.5 EPS for the current fiscal year.

Estée Lauder Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 28th will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date is Friday, February 28th. Estée Lauder Companies’s dividend payout ratio (DPR) is currently 250.00%.

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.