Livforsakringsbolaget Skandia Omsesidigt continued to hold its position in Estee Lauder Companies, Inc. (The) (NYSE:EL) during the third quarter, Holdings Channel reports. The institutional investor owned 17,354 shares of the company’s stock at the end of the third quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Estee Lauder Companies, Inc. (The) were worth $1,537,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Mycio Wealth Partners LLC increased its position in shares of Estee Lauder Companies, Inc. (The) by 42.8% in the second quarter. Mycio Wealth Partners LLC now owns 1,144 shares of the company’s stock worth $104,000 after buying an additional 343 shares in the last quarter. Bessemer Group Inc. increased its stake in shares of Estee Lauder Companies, Inc. (The) by 71.8% in the second quarter. Bessemer Group Inc. now owns 1,347 shares of the company’s stock valued at $123,000 after buying an additional 563 shares during the period. Advisory Services Network LLC increased its stake in shares of Estee Lauder Companies, Inc. (The) by 1.1% in the third quarter. Advisory Services Network LLC now owns 1,385 shares of the company’s stock valued at $123,000 after buying an additional 15 shares during the period. FTB Advisors Inc. increased its stake in shares of Estee Lauder Companies, Inc. (The) by 1.1% in the third quarter. FTB Advisors Inc. now owns 1,637 shares of the company’s stock valued at $142,000 after buying an additional 18 shares during the period. Finally, Loomis Sayles & Co. L P increased its stake in shares of Estee Lauder Companies, Inc. (The) by 3.2% in the second quarter. Loomis Sayles & Co. L P now owns 1,723 shares of the company’s stock valued at $157,000 after buying an additional 53 shares during the period. 53.96% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Estee Lauder Companies, Inc. (The) (NYSE:EL)

Shares of Estee Lauder Companies, Inc. (NYSE:EL) traded down 0.44% during mid-day trading on Friday, reaching $78.79. 1,907,891 shares of the company’s stock were exchanged. Estee Lauder Companies, Inc. has a 1-year low of $75.30 and a 1-year high of $97.48. The company’s 50 day moving average is $77.91 and its 200 day moving average is $85.89. The stock has a market capitalization of $28.87 billion, a PE ratio of 26.90 and a beta of 0.85.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last released its quarterly earnings data on Wednesday, November 2nd. The company reported $0.84 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.80 by $0.04. The firm had revenue of $2.87 billion for the quarter, compared to analyst estimates of $2.90 billion. Estee Lauder Companies, Inc. (The) had a net margin of 9.73% and a return on equity of 32.90%. The business’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.82 earnings per share. Equities research analysts anticipate that Estee Lauder Companies, Inc. will post $3.43 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 15th. Stockholders of record on Wednesday, November 30th were paid a $0.34 dividend. The ex-dividend date of this dividend was Monday, November 28th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.73%. This is a positive change from Estee Lauder Companies, Inc. (The)’s previous quarterly dividend of $0.30. Estee Lauder Companies, Inc. (The)’s dividend payout ratio is presently 46.26%.

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EL has been the subject of several analyst reports. Piper Jaffray Companies downgraded shares of Estee Lauder Companies, Inc. (The) from an “overweight” rating to a “neutral” rating and set a $90.00 price target for the company. in a research report on Thursday, October 13th. Zacks Investment Research downgraded shares of Estee Lauder Companies, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Tuesday, December 13th. Stifel Nicolaus set a $99.00 price target on shares of Estee Lauder Companies, Inc. (The) and gave the company a “buy” rating in a research report on Monday, October 24th. Vetr downgraded shares of Estee Lauder Companies, Inc. (The) from a “strong-buy” rating to a “sell” rating and set a $73.25 price target for the company. in a research report on Thursday, January 5th. Finally, Wells Fargo & Company reissued an “outperform” rating on shares of Estee Lauder Companies, Inc. (The) in a research report on Tuesday, November 15th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have issued a buy rating to the company. Estee Lauder Companies, Inc. (The) has a consensus rating of “Hold” and an average target price of $96.51.

In related news, EVP Michael O’hare sold 4,492 shares of the stock in a transaction on Thursday, December 1st. The shares were sold at an average price of $76.32, for a total transaction of $342,829.44. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Tracey Thomas Travis sold 10,000 shares of the stock in a transaction on Wednesday, November 30th. The stock was sold at an average price of $78.13, for a total transaction of $781,300.00. Following the sale, the chief financial officer now directly owns 36,025 shares in the company, valued at $2,814,633.25. The disclosure for this sale can be found here. 16.98% of the stock is currently owned by insiders.

Estee Lauder Companies, Inc. (The) Company Profile

The Estee Lauder Companies Inc, is a manufacturer and marketer of skin care, makeup, fragrance and hair care products. The Company’s products are sold in over 150 countries and territories under a number of brand names, including Estee Lauder, Aramis, Clinique, Origins, Le Labo, M.A.C, Bobbi Brown, La Mer and Aveda.

5 Day Chart for NYSE:EL

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