MetLife Investment Advisors LLC decreased its stake in shares of Estee Lauder Companies Inc (NYSE:EL) by 3.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 62,879 shares of the company’s stock after selling 2,317 shares during the period. MetLife Investment Advisors LLC’s holdings in Estee Lauder Companies were worth $8,181,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Highwater Wealth Management LLC bought a new stake in Estee Lauder Companies in the 4th quarter valued at about $89,000. BTIM Corp. boosted its holdings in Estee Lauder Companies by 2.0% in the 4th quarter. BTIM Corp. now owns 227,781 shares of the company’s stock valued at $29,635,000 after purchasing an additional 4,500 shares during the period. Boston Advisors LLC boosted its holdings in Estee Lauder Companies by 2.0% in the 4th quarter. Boston Advisors LLC now owns 9,876 shares of the company’s stock valued at $1,285,000 after purchasing an additional 190 shares during the period. Bath Savings Trust Co boosted its holdings in Estee Lauder Companies by 14.1% in the 4th quarter. Bath Savings Trust Co now owns 34,459 shares of the company’s stock valued at $4,483,000 after purchasing an additional 4,247 shares during the period. Finally, Braun Stacey Associates Inc. boosted its holdings in Estee Lauder Companies by 9.4% in the 4th quarter. Braun Stacey Associates Inc. now owns 104,676 shares of the company’s stock valued at $13,619,000 after purchasing an additional 9,033 shares during the period. 54.89% of the stock is owned by institutional investors and hedge funds.

EL has been the subject of a number of recent research reports. Goldman Sachs Group downgraded shares of Estee Lauder Companies from a “neutral” rating to a “sell” rating and cut their price objective for the company from $171.00 to $116.00 in a report on Tuesday, January 8th. Citigroup raised shares of Estee Lauder Companies from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $145.00 to $155.00 in a report on Wednesday, January 2nd. ValuEngine raised shares of Estee Lauder Companies from a “hold” rating to a “buy” rating in a report on Wednesday, January 30th. Wells Fargo & Co downgraded shares of Estee Lauder Companies from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $165.00 to $135.00 in a report on Thursday, January 10th. They noted that the move was a valuation call. Finally, Berenberg Bank downgraded shares of Estee Lauder Companies from a “buy” rating to a “hold” rating and set a $150.00 price objective for the company. in a report on Wednesday, February 6th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and seventeen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $156.55.

In related news, VP Sara E. Moss sold 22,788 shares of the company’s stock in a transaction that occurred on Tuesday, February 5th. The shares were sold at an average price of $150.10, for a total transaction of $3,420,478.80. Following the completion of the transaction, the vice president now directly owns 6,697 shares in the company, valued at approximately $1,005,219.70. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Rose Marie Bravo sold 12,159 shares of the company’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $157.68, for a total transaction of $1,917,231.12. Following the transaction, the director now owns 11,813 shares of the company’s stock, valued at $1,862,673.84. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 600,774 shares of company stock valued at $91,688,069. 16.13% of the stock is owned by corporate insiders.

Shares of NYSE:EL opened at $159.69 on Thursday. The company has a market capitalization of $58.04 billion, a PE ratio of 35.41, a PEG ratio of 2.56 and a beta of 0.72. The company has a quick ratio of 1.27, a current ratio of 1.71 and a debt-to-equity ratio of 0.78. Estee Lauder Companies Inc has a 12 month low of $121.47 and a 12 month high of $163.79.

Estee Lauder Companies (NYSE:EL) last issued its earnings results on Tuesday, February 5th. The company reported $1.74 EPS for the quarter, beating the consensus estimate of $1.54 by $0.20. The company had revenue of $4.01 billion during the quarter, compared to analysts’ expectations of $3.92 billion. Estee Lauder Companies had a net margin of 11.49% and a return on equity of 40.38%. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.52 EPS. As a group, research analysts expect that Estee Lauder Companies Inc will post 5.03 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 28th were given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date was Wednesday, February 27th. Estee Lauder Companies’s dividend payout ratio is 38.14%.

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Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care products, exfoliators, acne care products, facial masks, cleansing devices, and sun care products; and makeup products, including lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as related items, including compacts, brushes, and other makeup tools.

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Institutional Ownership by Quarter for Estee Lauder Companies (NYSE:EL)

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