Teachers Advisors LLC lowered its stake in shares of Estee Lauder Companies Inc (NYSE:EL) by 19.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 912,470 shares of the company’s stock after selling 223,172 shares during the period. Teachers Advisors LLC’s holdings in Estee Lauder Companies were worth $116,103,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Jennison Associates LLC grew its holdings in Estee Lauder Companies by 54.7% in the fourth quarter. Jennison Associates LLC now owns 9,533,553 shares of the company’s stock worth $1,213,049,000 after purchasing an additional 3,372,279 shares during the period. BlackRock Inc. grew its holdings in Estee Lauder Companies by 6.4% in the fourth quarter. BlackRock Inc. now owns 15,790,395 shares of the company’s stock worth $2,009,170,000 after purchasing an additional 944,997 shares during the period. Investec Asset Management LTD grew its holdings in Estee Lauder Companies by 931.2% in the third quarter. Investec Asset Management LTD now owns 1,040,505 shares of the company’s stock worth $112,208,000 after purchasing an additional 939,600 shares during the period. Old Mutual Global Investors UK Ltd. purchased a new stake in Estee Lauder Companies in the fourth quarter worth about $69,462,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in Estee Lauder Companies in the fourth quarter worth about $67,140,000. Institutional investors own 54.10% of the company’s stock.

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A number of equities research analysts have weighed in on EL shares. Jefferies Group set a $140.00 price objective on shares of Estee Lauder Companies and gave the stock a “buy” rating in a report on Friday, December 1st. Deutsche Bank started coverage on shares of Estee Lauder Companies in a report on Wednesday, December 13th. They issued a “hold” rating and a $134.00 price objective on the stock. Macquarie upped their price objective on shares of Estee Lauder Companies from $1.45 to $1.50 and gave the stock an “outperform” rating in a report on Thursday, December 21st. Zacks Investment Research cut shares of Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 2nd. Finally, Wells Fargo & Co upped their price objective on shares of Estee Lauder Companies from $135.00 to $145.00 and gave the stock an “outperform” rating in a report on Thursday, January 4th. Five equities research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company’s stock. Estee Lauder Companies presently has a consensus rating of “Buy” and an average price target of $131.50.

In related news, CFO Tracey Thomas Travis sold 5,000 shares of the stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $137.02, for a total transaction of $685,100.00. Following the transaction, the chief financial officer now owns 24,467 shares in the company, valued at $3,352,468.34. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Sara E. Moss sold 30,044 shares of the stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $140.40, for a total transaction of $4,218,177.60. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 248,453 shares of company stock worth $33,517,643. 16.24% of the stock is owned by insiders.

Shares of Estee Lauder Companies Inc (NYSE EL) opened at $145.78 on Wednesday. Estee Lauder Companies Inc has a fifty-two week low of $83.34 and a fifty-two week high of $146.33. The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.74. The company has a market cap of $53,463.59, a P/E ratio of 50.62, a PEG ratio of 2.57 and a beta of 0.69.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings results on Friday, February 2nd. The company reported $1.52 EPS for the quarter, beating the Zacks’ consensus estimate of $1.44 by $0.08. The firm had revenue of $3.74 billion for the quarter, compared to analysts’ expectations of $3.68 billion. Estee Lauder Companies had a net margin of 8.43% and a return on equity of 34.86%. The business’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.22 earnings per share. sell-side analysts forecast that Estee Lauder Companies Inc will post 4.36 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Wednesday, February 28th will be given a dividend of $0.38 per share. The ex-dividend date is Tuesday, February 27th. This represents a $1.52 dividend on an annualized basis and a yield of 1.04%. Estee Lauder Companies’s dividend payout ratio (DPR) is 52.78%.

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Estee Lauder Companies 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 (NYSE:EL)

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