Yousif Capital Management LLC Sells 1,136 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

Yousif Capital Management LLC cut its stake in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 3.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,970 shares of the company’s stock after selling 1,136 shares during the period. Yousif Capital Management LLC’s holdings in Estée Lauder Companies were worth $4,676,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. IFP Advisors Inc increased its position in shares of 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 during the last quarter. Exchange Traded Concepts LLC increased its position in shares of 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 during the last quarter. Caprock Group LLC increased its position in shares of Estée Lauder Companies by 11.6% in the third quarter. Caprock Group LLC now owns 3,302 shares of the company’s stock worth $477,000 after purchasing an additional 344 shares during the last quarter. Oak Thistle LLC bought a new position in shares of Estée Lauder Companies in the third quarter worth approximately $538,000. Finally, Czech National Bank increased its position in shares of Estée Lauder Companies by 47.6% in the third quarter. Czech National Bank now owns 40,526 shares of the company’s stock worth $5,858,000 after purchasing an additional 13,069 shares during the last quarter. 55.15% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have issued reports on EL. Deutsche Bank Aktiengesellschaft lowered Estée Lauder Companies from a “buy” rating to a “hold” rating and set a $146.00 target price for the company. in a research note on Tuesday, January 2nd. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $155.00 target price on shares of Estée Lauder Companies in a research note on Thursday. The Goldman Sachs Group began coverage on Estée Lauder Companies in a research note on Friday, March 1st. They issued a “neutral” rating and a $145.00 target price for the company. Bank of America raised Estée Lauder Companies from a “neutral” rating to a “buy” rating and upped their target price for the stock from $160.00 to $170.00 in a research note on Thursday, March 28th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $191.00 target price on shares of Estée Lauder Companies in a research note on Monday, April 22nd. One equities research analyst has rated the stock with a sell rating, fifteen have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $168.17.

Estée Lauder Companies Stock Performance

Shares of EL stock opened at $147.45 on Friday. The Estée Lauder Companies Inc. has a 12 month low of $102.22 and a 12 month high of $250.63. The stock has a market cap of $52.86 billion, a PE ratio of 113.42, a price-to-earnings-growth ratio of 3.80 and a beta of 1.07. 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 company’s fifty day moving average price is $146.86 and its 200-day moving average price is $138.25.

Estée Lauder Companies (NYSE:EL) last announced its quarterly earnings results on Monday, February 5th. The company reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.33. The company had revenue of $4.28 billion for the quarter, compared to analysts’ expectations of $4.19 billion. Estée Lauder Companies had a net margin of 3.08% and a return on equity of 9.78%. Estée Lauder Companies’s revenue was down 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.54 EPS. On average, equities analysts expect that The Estée Lauder Companies Inc. will post 2.23 EPS for the current fiscal year.

Estée Lauder Companies Dividend Announcement

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

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