Coty Inc. (NYSE:COTY) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC lifted its position in Coty Inc. (NYSE:COTYFree Report) by 33.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 57,652 shares of the company’s stock after purchasing an additional 14,584 shares during the quarter. SG Americas Securities LLC’s holdings in Coty were worth $716,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Comerica Bank acquired a new stake in shares of Coty in the 2nd quarter valued at about $150,000. BluePath Capital Management LLC purchased a new stake in Coty during the 3rd quarter valued at approximately $29,000. C M Bidwell & Associates Ltd. raised its stake in Coty by 1,536.6% during the 2nd quarter. C M Bidwell & Associates Ltd. now owns 2,815 shares of the company’s stock valued at $35,000 after acquiring an additional 2,643 shares during the last quarter. DekaBank Deutsche Girozentrale purchased a new stake in Coty during the 3rd quarter valued at approximately $31,000. Finally, Atlas Capital Advisors LLC purchased a new stake in Coty during the 2nd quarter valued at approximately $37,000. 42.36% of the stock is owned by institutional investors and hedge funds.

Coty Price Performance

Shares of NYSE:COTY opened at $11.62 on Wednesday. The business’s fifty day moving average price is $12.23 and its two-hundred day moving average price is $11.52. The stock has a market cap of $10.40 billion, a PE ratio of 33.20, a price-to-earnings-growth ratio of 6.61 and a beta of 1.82. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.58 and a current ratio of 0.85. Coty Inc. has a one year low of $9.02 and a one year high of $13.46.

Coty (NYSE:COTYGet Free Report) last announced its earnings results on Wednesday, February 7th. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.05. Coty had a return on equity of 11.91% and a net margin of 5.39%. The firm had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $1.68 billion. During the same quarter in the prior year, the firm earned $0.22 EPS. Coty’s quarterly revenue was up 13.4% on a year-over-year basis. On average, analysts forecast that Coty Inc. will post 0.45 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

COTY has been the subject of a number of analyst reports. TheStreet raised Coty from a “c+” rating to a “b-” rating in a research note on Thursday, February 8th. TD Cowen raised Coty from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $13.00 to $16.00 in a research note on Thursday, February 22nd. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $14.00 price objective on shares of Coty in a research note on Friday, February 9th. Wells Fargo & Company raised their price objective on Coty from $11.00 to $12.00 and gave the company an “equal weight” rating in a research note on Friday, February 9th. Finally, Barclays raised their price objective on Coty from $11.00 to $13.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 16th. Eight investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $13.28.

View Our Latest Analysis on Coty

Insider Transactions at Coty

In other news, Director Robert S. Singer sold 90,000 shares of the firm’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $12.56, for a total transaction of $1,130,400.00. Following the sale, the director now owns 169,982 shares in the company, valued at $2,134,973.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Robert S. Singer sold 30,000 shares of the firm’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $12.70, for a total transaction of $381,000.00. Following the sale, the director now owns 120,000 shares in the company, valued at $1,524,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert S. Singer sold 90,000 shares of the firm’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $12.56, for a total value of $1,130,400.00. Following the sale, the director now owns 169,982 shares in the company, valued at approximately $2,134,973.92. The disclosure for this sale can be found here. Insiders own 5.80% of the company’s stock.

Coty Profile

(Free Report)

Coty Inc, together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. It operates through Prestige and Consumer Beauty segments. The company provides fragrance, color cosmetics, and skin and body care products. It offers Prestige segment products primarily through prestige retailers, including perfumeries, department stores, e-retailers, direct-to-consumer websites, and duty-free shops under the Burberry, Calvin Klein, Chloe, Davidoff, Escada, Gucci, Hugo Boss, Jil Sander, Joop!, Kylie Jenner, Lancaster, Marc Jacobs, Miu Miu, Orveda, philosophy, SKKN BY KIM, and Tiffany & Co brands.

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Institutional Ownership by Quarter for Coty (NYSE:COTY)

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