Versor Investments LP Buys New Shares in Coty $COTY

Versor Investments LP bought a new stake in Coty (NYSE:COTYFree Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 234,600 shares of the company’s stock, valued at approximately $723,000.

Several other institutional investors have also recently added to or reduced their stakes in COTY. Shay Capital LLC purchased a new stake in shares of Coty in the second quarter worth about $46,000. FORA Capital LLC purchased a new stake in shares of Coty in the second quarter worth about $47,000. Robeco Institutional Asset Management B.V. purchased a new stake in shares of Coty in the fourth quarter worth about $32,000. Vident Advisory LLC purchased a new stake in shares of Coty in the second quarter worth about $50,000. Finally, United Capital Financial Advisors LLC purchased a new stake in shares of Coty in the third quarter worth about $43,000. 42.36% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

COTY has been the subject of several analyst reports. Morgan Stanley set a $2.50 target price on Coty in a research report on Thursday, May 7th. Jefferies Financial Group initiated coverage on Coty in a research report on Wednesday, January 14th. They issued a “buy” rating and a $3.50 target price for the company. Weiss Ratings downgraded Coty from a “sell (d)” rating to a “sell (d-)” rating in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft decreased their target price on Coty from $3.00 to $2.00 and set a “hold” rating for the company in a research report on Monday, March 30th. Finally, Canaccord Genuity Group set a $2.50 target price on Coty in a research report on Monday, February 9th. One equities research analyst has rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $3.70.

Get Our Latest Analysis on Coty

Insider Buying and Selling

In other news, insider Bretten Gordon Von bought 83,000 shares of Coty stock in a transaction on Friday, March 6th. The shares were bought at an average price of $2.41 per share, with a total value of $200,030.00. Following the acquisition, the insider directly owned 986,620 shares in the company, valued at approximately $2,377,754.20. This represents a 9.19% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 5.90% of the stock is currently owned by corporate insiders.

Coty Trading Down 3.3%

NYSE:COTY opened at $2.21 on Thursday. The company has a quick ratio of 0.49, a current ratio of 0.82 and a debt-to-equity ratio of 0.97. The business’s 50 day moving average is $2.26 and its two-hundred day moving average is $2.87. Coty has a 52 week low of $1.95 and a 52 week high of $5.34. The company has a market cap of $1.94 billion, a PE ratio of -3.56, a P/E/G ratio of 0.54 and a beta of 1.06.

Coty (NYSE:COTYGet Free Report) last released its earnings results on Tuesday, May 5th. The company reported ($0.03) EPS for the quarter. Coty had a positive return on equity of 4.59% and a negative net margin of 9.20%.The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same period in the prior year, the business earned $0.01 EPS. The company’s quarterly revenue was down 1.3% on a year-over-year basis. Coty has set its FY 2026 guidance at 0.330-0.350 EPS. On average, analysts predict that Coty will post 0.22 EPS for the current year.

Coty News Roundup

Here are the key news stories impacting Coty this week:

Coty Company Profile

(Free Report)

Coty Inc is a multinational beauty company specializing in the development, manufacturing and marketing of fragrances, color cosmetics and skin and body care products. Established in 1904 by François Coty in Paris, the company has grown through a blend of organic innovation and strategic acquisitions to become one of the leading players in the global beauty industry. Coty’s portfolio encompasses a broad range of consumer and luxury brands, reflecting its commitment to catering to diverse consumer preferences and market segments.

The company’s product offerings span three main divisions: Coty Luxury, Coty Consumer Beauty and Coty Professional Beauty.

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Institutional Ownership by Quarter for Coty (NYSE:COTY)

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