Profund Advisors LLC Has $919,000 Stock Position in The Estée Lauder Companies Inc. (NYSE:EL)

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Profund Advisors LLC lowered its position in shares of The Estée Lauder Companies Inc. (NYSE:EL – Get Rating) by 17.3% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,376 shares of the company’s stock after selling 708 shares during the quarter. Profund Advisors LLC’s holdings in Estée Lauder Companies were worth $919,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of EL. Checchi Capital Advisers LLC grew its stake in shares of Estée Lauder Companies by 2.2% during the 4th quarter. Checchi Capital Advisers LLC now owns 2,160 shares of the company’s stock worth $800,000 after acquiring an additional 46 shares during the period. GM Advisory Group Inc. lifted its holdings in Estée Lauder Companies by 2.7% during the 4th quarter. GM Advisory Group Inc. now owns 1,746 shares of the company’s stock worth $646,000 after purchasing an additional 46 shares in the last quarter. Deseret Mutual Benefit Administrators lifted its holdings in Estée Lauder Companies by 1.9% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 2,589 shares of the company’s stock worth $958,000 after purchasing an additional 49 shares in the last quarter. Acropolis Investment Management LLC lifted its holdings in Estée Lauder Companies by 0.7% during the 1st quar ter. Acropolis Investment Management LLC now owns 7,290 shares of the company’s stock worth $1,985,000 after purchasing an additional 49 shares in the last quarter. Finally, We Are One Seven LLC lifted its holdings in Estée Lauder Companies by 4.1% during the 4th quarter. We Are One Seven LLC now owns 1,277 shares of the company’s stock worth $473,000 after purchasing an additional 50 shares in the last quarter. Institutional investors and hedge funds own 58.85% of the company’s stock.

Wall Street Analyst Weigh In

EL has been the topic of a number of recent research reports. JPMorgan Chase & Co. dropped their price objective on Estée Lauder Companies from $270.00 to $265.00 in a report on Thursday, July 21st. Societe Generale lowered their price target on Estée Lauder Companies to $258.00 and set a “na” rating on the stock in a report on Monday, May 16th. Edward Jones raised Estée Lauder Companies from a “hold” rating to a “buy” rating in a report on Wednesday, April 27th. Credit Suisse Group Decrease their price objective on Estée Lauder Companies from $310.00 to $308.00 and set an “outperform” rating on the stock in a report on Friday. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Estée Lauder Companies from $266.00 to $280.00 in a report on Friday . Four analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rat ing of “Moderate Buy” and an average target price of $330.33.

Insider Activity at Estée Lauder Companies

In related news, EVP Carl P. Haney sold 548 shares of Estée Lauder Companies stock in a transaction that occurred on Friday, June 3rd. The stock was sold at an average price of $263.88, for a total transaction of $144,606.24. Following the sale, the executive vice president now directly owns 3,296 shares in the company, valued at $869,748.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Estée Lauder Companies news, EVP Carl P. Haney sold 548 shares of Estée Lauder Companies stock in a transaction on Friday, June 3rd. The stock was sold at an average price of $263.88, for a total transaction of $144,606.24. Following the completion of the transaction, the executive vice president now owns 3,296 shares in the company, valued at $869,748.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Carl P. Haney sold 1,965 s hares of Estée Lauder Companies stock in a transaction on Thursday, May 26th. The shares were sold at an average price of $237.92, for a total value of $467,512.80. Following the transaction, the executive vice president now owns 4,515 shares of the company’s stock, valued at approximately $1,074,208.80. The disclosure for this sale can be found here. 13.95% of the stock is currently owned by corporate insiders.

Estée Lauder Companies Price Performance

Shares of EL stock opened at $273.28 on Friday. The firm has a market cap of $97.66 billion, a P/E ratio of 41.91, a P/E/G ratio of 3.49 and a beta of 0.97. The Estée Lauder Companies Inc. has a fifty-two week low of $225.39 and a fifty-two week high of $374.20. The business’s 50 day moving average price is $258.89 and its 200-day moving average price is $265.98. The company has a debt-to-equity ratio of 0.92 , a quick ratio of 1.23 and a current ratio of 1.60.

Estée Lauder Companies (NYSE:EL – Get Rating) last released its quarterly earnings results on Thursday, August 18th. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.08. Estée Lauder Companies had a return on equity of 43.78% and a net margin of 13.48%. The company had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.48 billion. During the same period in the previous year, the company posted $0.78 earnings per share. The firm’s revenue was down 9.5% on a year-over-year basis. On average, equities research analysts anticipate that The Estée Lauder Companies Inc. will post 7.54 earnings per share for the current year.

Estée Lauder Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 15th. Investors of record on Wednesday, August 31st will be given a dividend of $0.60 per share. The ex-dividend date is Tuesday, August 30th. This represents a $2.40 annualized dividend and a dividend yield of 0.88%. Estée Lauder Companies’s dividend payout ratio is presently 36.81%.

About Estée Lauder Companies

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

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