Rhumbline Advisers boosted its position in Estee Lauder Companies, Inc. (The) (NYSE:EL) by 1.3% during the second quarter, Holdings Channel reports. The firm owned 391,882 shares of the company’s stock after buying an additional 5,020 shares during the period. Rhumbline Advisers’ holdings in Estee Lauder Companies, Inc. (The) were worth $37,613,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. BLS Capital Fondsmaeglerselskab A S purchased a new stake in Estee Lauder Companies, Inc. (The) during the fourth quarter worth $12,896,000. Macquarie Group Ltd. boosted its stake in Estee Lauder Companies, Inc. (The) by 63.1% in the fourth quarter. Macquarie Group Ltd. now owns 31,560 shares of the company’s stock worth $2,414,000 after buying an additional 12,210 shares during the period. Gulf International Bank UK Ltd boosted its stake in Estee Lauder Companies, Inc. (The) by 1.6% in the first quarter. Gulf International Bank UK Ltd now owns 70,853 shares of the company’s stock worth $6,007,000 after buying an additional 1,100 shares during the period. National Pension Service boosted its stake in Estee Lauder Companies, Inc. (The) by 8.9% in the first quarter. National Pension Service now owns 189,561 shares of the company’s stock worth $16,177,000 after buying an additional 15,441 shares during the period. Finally, Regentatlantic Capital LLC boosted its stake in Estee Lauder Companies, Inc. (The) by 1.1% in the first quarter. Regentatlantic Capital LLC now owns 9,211 shares of the company’s stock worth $781,000 after buying an additional 103 shares during the period. 54.73% of the stock is currently owned by institutional investors and hedge funds.

Estee Lauder Companies, Inc. (NYSE EL) opened at 99.65 on Friday. The company has a market cap of $36.65 billion, a price-to-earnings ratio of 33.39 and a beta of 0.72. The stock’s 50 day moving average is $97.42 and its 200 day moving average is $90.23. Estee Lauder Companies, Inc. has a 52-week low of $75.30 and a 52-week high of $104.50.

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EL has been the topic of a number of analyst reports. Jefferies Group LLC reaffirmed a “hold” rating and issued a $91.00 price objective (up previously from $87.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Tuesday, April 18th. Zacks Investment Research cut shares of Estee Lauder Companies, Inc. (The) from a “hold” rating to a “sell” rating in a report on Tuesday, April 18th. Wells Fargo & Company reaffirmed a “buy” rating on shares of Estee Lauder Companies, Inc. (The) in a report on Saturday, April 22nd. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $100.00 price objective on shares of Estee Lauder Companies, Inc. (The) in a report on Thursday, April 27th. Finally, Piper Jaffray Companies initiated coverage on shares of Estee Lauder Companies, Inc. (The) in a report on Monday, May 1st. They issued an “overweight” rating and a $93.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and sixteen have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $100.03.

In other Estee Lauder Companies, Inc. (The) news, Director Rose Marie Bravo sold 9,312 shares of the business’s stock in a transaction dated Thursday, June 8th. The stock was sold at an average price of $95.89, for a total transaction of $892,927.68. Following the completion of the sale, the director now directly owns 12,576 shares of the company’s stock, valued at approximately $1,205,912.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Charlene Barshefsky sold 2,383 shares of the business’s stock in a transaction dated Monday, May 22nd. The stock was sold at an average price of $92.98, for a total value of $221,571.34. Following the sale, the director now directly owns 4,000 shares of the company’s stock, valued at $371,920. The disclosure for this sale can be found here. Insiders have sold a total of 86,318 shares of company stock valued at $8,291,130 over the last three months. Company insiders own 16.98% of the company’s stock.

Estee Lauder Companies, Inc. (The) Company Profile

The Estee Lauder Companies Inc manufactures and markets skin care, makeup, fragrance and hair care products. The Company offers products, including skin care, makeup, fragrance, hair care and other. The Company operates in beauty products segment. The Company’s products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.

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

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