Estee Lauder Companies, Inc. (The) (EL) VP Sara E. Moss Sells 3,971 Shares of Stock

Estee Lauder Companies, Inc. (The) (NYSE:EL) VP Sara E. Moss sold 3,971 shares of Estee Lauder Companies, Inc. (The) stock in a transaction dated Friday, September 8th. The stock was sold at an average price of $108.00, for a total value of $428,868.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Estee Lauder Companies, Inc. (EL) opened at 108.74 on Tuesday. The company’s 50-day moving average price is $102.79 and its 200 day moving average price is $93.55. Estee Lauder Companies, Inc. has a 52-week low of $75.29 and a 52-week high of $109.83. The firm has a market capitalization of $40.01 billion, a price-to-earnings ratio of 32.46 and a beta of 0.67.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last issued its earnings results on Friday, August 18th. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.08. Estee Lauder Companies, Inc. (The) had a return on equity of 32.38% and a net margin of 10.56%. The company had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.86 billion. During the same period in the prior year, the firm posted $0.43 EPS. The business’s revenue was up 9.4% compared to the same quarter last year. Equities research analysts predict that Estee Lauder Companies, Inc. will post $3.97 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Thursday, August 31st will be issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend is Tuesday, August 29th. Estee Lauder Companies, Inc. (The)’s dividend payout ratio is 40.60%.

COPYRIGHT VIOLATION WARNING: This news story was originally published by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this news story on another publication, it was illegally stolen and reposted in violation of United States and international copyright & trademark law. The correct version of this news story can be viewed at https://sportsperspectives.com/2017/09/12/estee-lauder-companies-inc-the-el-vp-sara-e-moss-sells-3971-shares-of-stock.html.

Several research firms have commented on EL. Jefferies Group LLC lifted their price target on Estee Lauder Companies, Inc. (The) from $112.00 to $122.00 and gave the company a “hold” rating in a report on Thursday, September 7th. Argus upgraded Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $125.00 price target for the company in a report on Tuesday, August 22nd. Morgan Stanley restated an “overweight” rating and issued a $122.00 price target (up previously from $106.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Tuesday, August 22nd. Zacks Investment Research upgraded Estee Lauder Companies, Inc. (The) from a “hold” rating to a “strong-buy” rating and set a $122.00 price target for the company in a report on Tuesday, August 22nd. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $117.00 price target on shares of Estee Lauder Companies, Inc. (The) in a report on Tuesday, August 29th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the stock. Estee Lauder Companies, Inc. (The) has a consensus rating of “Buy” and an average price target of $108.75.

Several hedge funds and other institutional investors have recently modified their holdings of EL. American Beacon Advisors Inc. acquired a new position in shares of Estee Lauder Companies, Inc. (The) during the 1st quarter valued at about $100,000. Bronfman E.L. Rothschild L.P. increased its holdings in shares of Estee Lauder Companies, Inc. (The) by 36.3% during the 1st quarter. Bronfman E.L. Rothschild L.P. now owns 1,298 shares of the company’s stock valued at $110,000 after acquiring an additional 346 shares during the last quarter. Israel Discount Bank of New York acquired a new position in shares of Estee Lauder Companies, Inc. (The) during the 1st quarter valued at about $110,000. Acrospire Investment Management LLC increased its holdings in shares of Estee Lauder Companies, Inc. (The) by 2,291.7% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,148 shares of the company’s stock valued at $110,000 after acquiring an additional 1,100 shares during the last quarter. Finally, First Interstate Bank acquired a new position in shares of Estee Lauder Companies, Inc. (The) during the 1st quarter valued at about $114,000. 54.63% of the stock is currently owned by institutional investors and hedge funds.

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.

Insider Buying and Selling by Quarter for Estee Lauder Companies, Inc. (The) (NYSE:EL)

Receive News & Ratings for Estee Lauder Companies Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Estee Lauder Companies Inc. (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply