Geller Advisors LLC Sells 275 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

Geller Advisors LLC decreased its holdings in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 8.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,175 shares of the company’s stock after selling 275 shares during the quarter. Geller Advisors LLC’s holdings in Estée Lauder Companies were worth $238,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of EL. Franklin Resources Inc. grew its holdings in shares of Estée Lauder Companies by 47.5% in the 3rd quarter. Franklin Resources Inc. now owns 141,804 shares of the company’s stock valued at $13,392,000 after buying an additional 45,687 shares during the period. First Hawaiian Bank acquired a new position in Estée Lauder Companies in the fourth quarter valued at about $525,000. Czech National Bank grew its stake in Estée Lauder Companies by 6.6% in the fourth quarter. Czech National Bank now owns 50,614 shares of the company’s stock valued at $3,795,000 after acquiring an additional 3,145 shares during the period. Brookstone Capital Management raised its position in shares of Estée Lauder Companies by 16.7% during the fourth quarter. Brookstone Capital Management now owns 2,950 shares of the company’s stock worth $221,000 after purchasing an additional 423 shares during the period. Finally, Eagle Bay Advisors LLC raised its position in shares of Estée Lauder Companies by 297.0% during the fourth quarter. Eagle Bay Advisors LLC now owns 401 shares of the company’s stock worth $30,000 after purchasing an additional 300 shares during the period. Institutional investors and hedge funds own 55.15% of the company’s stock.

Estée Lauder Companies Stock Down 0.4 %

Estée Lauder Companies stock opened at $61.00 on Friday. The company’s 50-day moving average price is $61.33 and its two-hundred day moving average price is $69.65. The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 1.75. The stock has a market cap of $21.90 billion, a P/E ratio of -31.28, a P/E/G ratio of 6.09 and a beta of 1.12. The Estée Lauder Companies Inc. has a twelve month low of $48.37 and a twelve month high of $139.34.

Estée Lauder Companies (NYSE:EL) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.36. Estée Lauder Companies had a negative net margin of 4.61% and a positive return on equity of 16.82%. The business had revenue of $2.66 billion during the quarter, compared to analysts’ expectations of $3.51 billion. During the same quarter in the previous year, the company earned $0.97 EPS. The business’s revenue was down 9.9% on a year-over-year basis. As a group, analysts expect that The Estée Lauder Companies Inc. will post 1.36 EPS for the current year.

Estée Lauder Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Friday, May 30th will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 2.30%. The ex-dividend date is Friday, May 30th. Estée Lauder Companies’s payout ratio is presently -57.85%.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Morgan Stanley dropped their target price on shares of Estée Lauder Companies from $85.00 to $81.00 and set an “equal weight” rating on the stock in a report on Thursday, February 6th. DA Davidson reaffirmed a “buy” rating and issued a $81.00 target price on shares of Estée Lauder Companies in a research note on Tuesday, February 25th. Deutsche Bank Aktiengesellschaft lowered their target price on Estée Lauder Companies from $80.00 to $78.00 and set a “hold” rating for the company in a report on Wednesday, January 22nd. Canaccord Genuity Group cut their price target on Estée Lauder Companies from $70.00 to $62.00 and set a “hold” rating on the stock in a report on Tuesday, April 29th. Finally, Royal Bank of Canada decreased their price objective on Estée Lauder Companies from $100.00 to $90.00 and set an “outperform” rating for the company in a report on Friday, May 2nd. Nineteen analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $75.20.

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.