Sei Investments Co. Has $26.30 Million Holdings in Estee Lauder Companies Inc (EL)

Sei Investments Co. grew its position in shares of Estee Lauder Companies Inc (NYSE:EL) by 5.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 206,684 shares of the company’s stock after acquiring an additional 11,431 shares during the quarter. Sei Investments Co. owned 0.06% of Estee Lauder Companies worth $26,299,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Harvest Fund Management Co. Ltd purchased a new position in Estee Lauder Companies during the 4th quarter worth $126,000. Cerebellum GP LLC purchased a new position in Estee Lauder Companies during the 4th quarter worth $130,000. Parkside Financial Bank & Trust boosted its holdings in Estee Lauder Companies by 126.1% during the 3rd quarter. Parkside Financial Bank & Trust now owns 1,135 shares of the company’s stock worth $123,000 after acquiring an additional 633 shares during the last quarter. Winslow Evans & Crocker Inc. boosted its holdings in Estee Lauder Companies by 2,750.0% during the 4th quarter. Winslow Evans & Crocker Inc. now owns 1,140 shares of the company’s stock worth $145,000 after acquiring an additional 1,100 shares during the last quarter. Finally, CrestPoint Capital Management LLC purchased a new position in Estee Lauder Companies during the 4th quarter worth $204,000. 54.03% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts have issued reports on the stock. BMO Capital Markets lifted their price objective on shares of Estee Lauder Companies to $140.00 and gave the stock a “market perform” rating in a report on Wednesday, January 31st. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $144.00 price objective (up from $134.00) on shares of Estee Lauder Companies in a report on Monday, February 5th. Deutsche Bank assumed coverage on shares of Estee Lauder Companies in a report on Wednesday, December 13th. They set a “hold” rating and a $134.00 price objective on the stock. Bank of America lifted their price objective on shares of Estee Lauder Companies from $143.00 to $152.00 and gave the stock a “buy” rating in a report on Monday, February 5th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $145.00 price objective (down from $155.00) on shares of Estee Lauder Companies in a report on Monday, February 5th. Five research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $128.57.

In other Estee Lauder Companies news, insider John Demsey sold 77,608 shares of the company’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $127.52, for a total transaction of $9,896,572.16. Following the sale, the insider now directly owns 23,305 shares of the company’s stock, valued at $2,971,853.60. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider 1992 Grat Remainder Trust Fbo sold 571,351 shares of the company’s stock in a transaction dated Wednesday, November 22nd. The shares were sold at an average price of $125.44, for a total transaction of $71,670,269.44. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,283,703 shares of company stock worth $161,861,794. Insiders own 16.24% of the company’s stock.

Shares of Estee Lauder Companies Inc (EL) opened at $141.04 on Friday. The company has a market cap of $51,352.57, a PE ratio of 33.65, a price-to-earnings-growth ratio of 2.48 and a beta of 0.74. Estee Lauder Companies Inc has a fifty-two week low of $81.69 and a fifty-two week high of $141.67. The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.74.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings data on Friday, February 2nd. The company reported $1.52 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.44 by $0.08. The business had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.68 billion. Estee Lauder Companies had a net margin of 8.43% and a return on equity of 34.86%. The company’s revenue was up 16.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.22 earnings per share. equities research analysts anticipate that Estee Lauder Companies Inc will post 4.36 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Wednesday, February 28th will be issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend is Tuesday, February 27th. Estee Lauder Companies’s dividend payout ratio (DPR) is presently 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.

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

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