Quantinno Capital Management LP Buys 20,116 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

Quantinno Capital Management LP grew its stake in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 250.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,163 shares of the company’s stock after purchasing an additional 20,116 shares during the period. Quantinno Capital Management LP’s holdings in Estée Lauder Companies were worth $2,808,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cetera Advisors LLC boosted its holdings in Estée Lauder Companies by 48.4% in the first quarter. Cetera Advisors LLC now owns 3,422 shares of the company’s stock worth $527,000 after acquiring an additional 1,116 shares in the last quarter. V Square Quantitative Management LLC raised its position in shares of Estée Lauder Companies by 19.7% during the second quarter. V Square Quantitative Management LLC now owns 4,066 shares of the company’s stock worth $433,000 after purchasing an additional 669 shares during the period. ORG Partners LLC lifted its holdings in shares of Estée Lauder Companies by 1,792.3% in the 2nd quarter. ORG Partners LLC now owns 492 shares of the company’s stock worth $52,000 after purchasing an additional 466 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in Estée Lauder Companies by 4.3% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 18,873 shares of the company’s stock valued at $2,008,000 after purchasing an additional 782 shares during the period. Finally, Baader Bank Aktiengesellschaft increased its stake in Estée Lauder Companies by 117.6% during the 2nd quarter. Baader Bank Aktiengesellschaft now owns 3,264 shares of the company’s stock valued at $341,000 after purchasing an additional 1,764 shares in the last quarter. Institutional investors own 55.15% of the company’s stock.

Estée Lauder Companies Price Performance

Estée Lauder Companies stock opened at $81.70 on Tuesday. The business’s 50 day simple moving average is $79.46 and its 200 day simple moving average is $93.65. The Estée Lauder Companies Inc. has a 12 month low of $62.29 and a 12 month high of $159.75. The company has a market cap of $29.33 billion, a price-to-earnings ratio of 145.89, a PEG ratio of 5.14 and a beta of 1.05. The company has a current ratio of 1.32, a quick ratio of 0.90 and a debt-to-equity ratio of 1.44.

Estée Lauder Companies (NYSE:EL) last issued its earnings results on Thursday, October 31st. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.05. The firm had revenue of $3.36 billion for the quarter, compared to analyst estimates of $3.37 billion. Estée Lauder Companies had a return on equity of 17.31% and a net margin of 1.31%. The business’s revenue was down 4.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.11 earnings per share. Sell-side analysts forecast that The Estée Lauder Companies Inc. will post 1.48 EPS for the current year.

Estée Lauder Companies Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $1.40 dividend on an annualized basis and a yield of 1.71%. Estée Lauder Companies’s dividend payout ratio is presently 250.00%.

Insider Transactions at Estée Lauder Companies

In other news, CEO Fabrizio Freda sold 10,969 shares of the firm’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $67.76, for a total value of $743,259.44. Following the completion of the transaction, the chief executive officer now directly owns 295,838 shares of the company’s stock, valued at $20,045,982.88. This trade represents a 3.58 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul J. Fribourg acquired 75,500 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The shares were bought at an average price of $64.93 per share, for a total transaction of $4,902,215.00. Following the completion of the purchase, the director now owns 310,000 shares in the company, valued at $20,128,300. This trade represents a 32.20 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 12.78% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. StockNews.com lowered shares of Estée Lauder Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. B. Riley cut their price target on Estée Lauder Companies from $95.00 to $70.00 and set a “neutral” rating for the company in a research note on Monday, November 4th. Bank of America lowered their price objective on Estée Lauder Companies from $100.00 to $75.00 and set a “neutral” rating for the company in a research note on Friday, November 1st. HSBC lowered Estée Lauder Companies from a “buy” rating to a “hold” rating and set a $100.00 target price on the stock. in a report on Wednesday, October 16th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Estée Lauder Companies from $98.00 to $75.00 and set a “hold” rating for the company in a report on Monday, November 4th. Nineteen equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $98.57.

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.