Koshinski Asset Management Inc. Takes $413,000 Position in Estee Lauder Companies Inc (EL)

Koshinski Asset Management Inc. purchased a new position in shares of Estee Lauder Companies Inc (NYSE:EL) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,248 shares of the company’s stock, valued at approximately $413,000.

A number of other large investors have also recently made changes to their positions in the business. Parkside Financial Bank & Trust grew its stake in shares of Estee Lauder Companies by 126.1% in the third quarter. Parkside Financial Bank & Trust now owns 1,135 shares of the company’s stock valued at $123,000 after buying an additional 633 shares in the last quarter. CrestPoint Capital Management LLC acquired a new stake in shares of Estee Lauder Companies in the fourth quarter valued at about $204,000. Sun Life Financial INC grew its stake in shares of Estee Lauder Companies by 16,290.0% in the second quarter. Sun Life Financial INC now owns 1,639 shares of the company’s stock valued at $157,000 after buying an additional 1,629 shares in the last quarter. Ipswich Investment Management Co. Inc. acquired a new stake in shares of Estee Lauder Companies in the fourth quarter valued at about $228,000. Finally, Zions Bancorporation grew its stake in shares of Estee Lauder Companies by 2,781.3% in the third quarter. Zions Bancorporation now owns 1,844 shares of the company’s stock valued at $198,000 after buying an additional 1,780 shares in the last quarter. Institutional investors own 53.65% of the company’s stock.

Estee Lauder Companies Inc (NYSE:EL) opened at $134.45 on Friday. The company has a market capitalization of $48,231.55, a PE ratio of 36.34, a P/E/G ratio of 2.52 and a beta of 0.71. Estee Lauder Companies Inc has a 1-year low of $78.71 and a 1-year high of $134.46. The company has a quick ratio of 1.27, a current ratio of 1.75 and a debt-to-equity ratio of 0.71.

Estee Lauder Companies (NYSE:EL) last released its earnings results on Wednesday, November 1st. The company reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.24. Estee Lauder Companies had a return on equity of 33.64% and a net margin of 11.30%. The company had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.16 billion. During the same quarter last year, the business posted $0.85 EPS. Estee Lauder Companies’s quarterly revenue was up 14.3% compared to the same quarter last year. equities analysts forecast that Estee Lauder Companies Inc will post 4.18 EPS for the current fiscal year.

In other Estee Lauder Companies news, insider 1992 Grat Remainder Trust Fbo sold 125,000 shares of the stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $125.87, for a total transaction of $15,733,750.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider John Demsey sold 77,608 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $127.52, for a total value of $9,896,572.16. Following the transaction, the insider now directly owns 23,305 shares in the company, valued at approximately $2,971,853.60. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,566,381 shares of company stock worth $195,955,337. 16.24% of the stock is currently owned by company insiders.

A number of equities research analysts have recently issued reports on EL shares. Macquarie increased their target price on Estee Lauder Companies from $1.45 to $1.50 and gave the company an “outperform” rating in a research note on Thursday, December 21st. Deutsche Bank started coverage on Estee Lauder Companies in a research note on Wednesday, December 13th. They issued a “hold” rating and a $134.00 target price for the company. Piper Jaffray Companies set a $135.00 target price on Estee Lauder Companies and gave the company a “buy” rating in a research note on Wednesday, November 1st. Stifel Nicolaus increased their target price on Estee Lauder Companies from $114.00 to $121.00 and gave the company a “buy” rating in a research note on Thursday, October 19th. Finally, Morgan Stanley increased their target price on Estee Lauder Companies from $122.00 to $134.00 and gave the company an “overweight” rating in a research note on Thursday, November 2nd. Seven investment analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $117.67.

TRADEMARK VIOLATION WARNING: “Koshinski Asset Management Inc. Takes $413,000 Position in Estee Lauder Companies Inc (EL)” was posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this piece of content on another site, it was stolen and reposted in violation of United States and international copyright & trademark law. The original version of this piece of content can be accessed at https://stocknewstimes.com/2018/01/20/koshinski-asset-management-inc-takes-413000-position-in-estee-lauder-companies-inc-el.html.

Estee Lauder Companies 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.

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

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

Latest News

Leave a Reply