MCF Advisors LLC Purchases 395 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

MCF Advisors LLC lifted its position in The Estée Lauder Companies Inc. (NYSE:EL) by 207.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 585 shares of the company’s stock after acquiring an additional 395 shares during the quarter. MCF Advisors LLC’s holdings in Estée Lauder Companies were worth $86,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Rakuten Securities Inc. bought a new position in Estée Lauder Companies during the fourth quarter valued at about $26,000. Arlington Trust Co LLC bought a new position in Estée Lauder Companies during the third quarter valued at about $32,000. Exchange Traded Concepts LLC grew its position in Estée Lauder Companies by 1,900.0% during the third quarter. Exchange Traded Concepts LLC now owns 280 shares of the company’s stock valued at $40,000 after buying an additional 266 shares during the period. Sunbelt Securities Inc. grew its position in Estée Lauder Companies by 82.2% during the third quarter. Sunbelt Securities Inc. now owns 277 shares of the company’s stock valued at $40,000 after buying an additional 125 shares during the period. Finally, Washington Trust Advisors Inc. grew its position in Estée Lauder Companies by 42.7% during the third quarter. Washington Trust Advisors Inc. now owns 324 shares of the company’s stock valued at $47,000 after buying an additional 97 shares during the period. Institutional investors own 55.15% of the company’s stock.

Estée Lauder Companies Stock Up 2.1 %

Shares of NYSE EL opened at $147.42 on Tuesday. The Estée Lauder Companies Inc. has a one year low of $102.22 and a one year high of $255.80. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.36 and a quick ratio of 0.96. The firm’s 50 day simple moving average is $146.61 and its two-hundred day simple moving average is $138.07. The stock has a market capitalization of $52.85 billion, a P/E ratio of 113.40, a PEG ratio of 3.78 and a beta of 1.07.

Estée Lauder Companies (NYSE:EL) last issued its quarterly earnings results on Monday, February 5th. The company reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.33. Estée Lauder Companies had a net margin of 3.08% and a return on equity of 9.78%. The business had revenue of $4.28 billion for the quarter, compared to analysts’ expectations of $4.19 billion. During the same period last year, the business earned $1.54 earnings per share. The business’s quarterly revenue was down 7.4% on a year-over-year basis. As a group, analysts expect that The Estée Lauder Companies Inc. will post 2.23 EPS for the current fiscal year.

Estée Lauder Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were issued a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 1.79%. The ex-dividend date of this dividend was Wednesday, February 28th. Estée Lauder Companies’s dividend payout ratio is 203.08%.

Wall Street Analyst Weigh In

EL has been the topic of several recent research reports. Telsey Advisory Group upped their price objective on shares of Estée Lauder Companies from $115.00 to $155.00 and gave the company a “market perform” rating in a report on Tuesday, February 6th. Deutsche Bank Aktiengesellschaft downgraded shares of Estée Lauder Companies from a “buy” rating to a “hold” rating and set a $146.00 price objective on the stock. in a report on Tuesday, January 2nd. Raymond James upped their price objective on shares of Estée Lauder Companies from $150.00 to $175.00 and gave the company a “strong-buy” rating in a report on Tuesday, February 6th. Citigroup raised shares of Estée Lauder Companies from a “neutral” rating to a “buy” rating and increased their price target for the stock from $160.00 to $175.00 in a report on Tuesday, April 2nd. Finally, Barclays increased their price target on shares of Estée Lauder Companies from $141.00 to $146.00 and gave the stock an “equal weight” rating in a report on Friday, April 12th. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $168.00.

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, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.