Shufro Rose & Co. LLC Sells 161 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

Shufro Rose & Co. LLC trimmed its position in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 1.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,278 shares of the company’s stock after selling 161 shares during the period. Shufro Rose & Co. LLC’s holdings in Estée Lauder Companies were worth $1,919,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. IFP Advisors Inc raised its position in Estée Lauder Companies by 21.1% in the third quarter. IFP Advisors Inc now owns 785 shares of the company’s stock worth $113,000 after purchasing an additional 137 shares in the last quarter. Exchange Traded Concepts LLC raised its position in Estée Lauder Companies by 1,900.0% in the third quarter. Exchange Traded Concepts LLC now owns 280 shares of the company’s stock worth $40,000 after purchasing an additional 266 shares in the last quarter. Oak Thistle LLC acquired a new position in Estée Lauder Companies in the third quarter worth about $538,000. Ballentine Partners LLC raised its position in Estée Lauder Companies by 48.7% in the third quarter. Ballentine Partners LLC now owns 1,837 shares of the company’s stock worth $266,000 after purchasing an additional 602 shares in the last quarter. Finally, Valeo Financial Advisors LLC raised its position in Estée Lauder Companies by 64.1% in the third quarter. Valeo Financial Advisors LLC now owns 2,615 shares of the company’s stock worth $378,000 after purchasing an additional 1,021 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

EL has been the subject of several recent research reports. The Goldman Sachs Group initiated coverage on shares of Estée Lauder Companies in a research report on Friday, March 1st. They issued a “neutral” rating and a $145.00 price target for the company. Raymond James boosted their target price on Estée Lauder Companies from $150.00 to $175.00 and gave the stock a “strong-buy” rating in a report on Tuesday, February 6th. Royal Bank of Canada raised their price target on Estée Lauder Companies from $115.00 to $131.00 and gave the company a “sector perform” rating in a report on Tuesday, February 6th. Oppenheimer reissued a “market perform” rating on shares of Estée Lauder Companies in a research note on Monday, April 15th. Finally, DA Davidson reissued a “buy” rating and issued a $191.00 price objective on shares of Estée Lauder Companies in a research note on Monday, April 22nd. One analyst has rated the stock with a sell rating, fifteen have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Estée Lauder Companies has a consensus rating of “Hold” and a consensus price target of $168.17.

Estée Lauder Companies Trading Up 1.7 %

Shares of EL traded up $2.46 during trading hours on Friday, hitting $147.45. 2,435,850 shares of the stock traded hands, compared to its average volume of 2,016,077. The company has a current ratio of 1.36, a quick ratio of 0.96 and a debt-to-equity ratio of 1.16. The Estée Lauder Companies Inc. has a 1-year low of $102.22 and a 1-year high of $250.63. The firm has a market capitalization of $52.86 billion, a PE ratio of 113.42, a price-to-earnings-growth ratio of 3.86 and a beta of 1.07. The business has a fifty day moving average of $146.86 and a 200-day moving average of $138.23.

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

Estée Lauder Companies Announces Dividend

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

About Estée Lauder Companies

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.