Mn Services Vermogensbeheer B.V. Has $6.79 Million Stock Holdings in The Estée Lauder Companies Inc. (NYSE:EL)

Mn Services Vermogensbeheer B.V. raised its stake in The Estée Lauder Companies Inc. (NYSE:EL) by 1.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 90,578 shares of the company’s stock after purchasing an additional 1,500 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Estée Lauder Companies were worth $6,792,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Peterson Wealth Services increased its stake in shares of Estée Lauder Companies by 9.8% during the 4th quarter. Peterson Wealth Services now owns 1,506 shares of the company’s stock worth $113,000 after purchasing an additional 134 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in shares of Estée Lauder Companies by 42.1% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 476 shares of the company’s stock worth $36,000 after purchasing an additional 141 shares during the last quarter. Blue Trust Inc. increased its stake in shares of Estée Lauder Companies by 8.7% during the 4th quarter. Blue Trust Inc. now owns 1,853 shares of the company’s stock worth $139,000 after purchasing an additional 148 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of Estée Lauder Companies by 30.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 639 shares of the company’s stock worth $64,000 after purchasing an additional 151 shares during the last quarter. Finally, Deseret Mutual Benefit Administrators increased its stake in shares of Estée Lauder Companies by 68.7% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 388 shares of the company’s stock worth $29,000 after purchasing an additional 158 shares during the last quarter. Institutional investors and hedge funds own 55.15% of the company’s stock.

Estée Lauder Companies Trading Down 1.6 %

Shares of EL stock opened at $71.83 on Friday. The Estée Lauder Companies Inc. has a 52-week low of $62.29 and a 52-week high of $159.54. The stock has a market cap of $25.78 billion, a price-to-earnings ratio of -36.83, a P/E/G ratio of 6.09 and a beta of 1.03. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.97 and a current ratio of 1.37. The firm has a fifty day moving average of $74.55 and a 200-day moving average of $80.39.

Estée Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.30. Estée Lauder Companies had a negative net margin of 4.61% and a positive return on equity of 16.82%. The company had revenue of $4 billion during the quarter, compared to analysts’ expectations of $3.98 billion. During the same quarter in the prior year, the company posted $0.88 EPS. The business’s revenue was down 6.4% on a year-over-year basis. On average, equities research analysts forecast that The Estée Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.

Estée Lauder Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 28th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date of this dividend is Friday, February 28th. Estée Lauder Companies’s dividend payout ratio (DPR) is currently -71.79%.

Analysts Set New Price Targets

Several research firms recently issued reports on EL. Morgan Stanley decreased their price objective on shares of Estée Lauder Companies from $85.00 to $81.00 and set an “equal weight” rating for the company in a report on Thursday, February 6th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $100.00 price objective on shares of Estée Lauder Companies in a report on Friday, January 31st. Telsey Advisory Group reaffirmed a “market perform” rating and set a $76.00 price objective on shares of Estée Lauder Companies in a report on Tuesday, February 4th. Barclays decreased their price objective on shares of Estée Lauder Companies from $71.00 to $64.00 and set an “equal weight” rating for the company in a report on Thursday, February 6th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Estée Lauder Companies from $80.00 to $78.00 and set a “hold” rating for the company in a report on Wednesday, January 22nd. Twenty research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $86.00.

Insider Buying and Selling

In other news, Director Paul J. Fribourg bought 43,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 5th. The stock was acquired at an average price of $66.35 per share, for a total transaction of $2,853,050.00. Following the transaction, the director now directly owns 430,800 shares of the company’s stock, valued at $28,583,580. This trade represents a 11.09 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Akhil Shrivastava bought 700 shares of the company’s stock in a transaction that occurred on Wednesday, February 5th. The shares were purchased at an average price of $65.79 per share, with a total value of $46,053.00. Following the transaction, the chief financial officer now directly owns 2,381 shares in the company, valued at $156,645.99. This represents a 41.64 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 12.78% of the stock is currently owned by corporate insiders.

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