Mutual of America Capital Management LLC Sells 1,364 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

Mutual of America Capital Management LLC lowered its holdings in The Estée Lauder Companies Inc. (NYSE:EL) by 4.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 31,126 shares of the company’s stock after selling 1,364 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Estée Lauder Companies were worth $4,552,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of EL. Arlington Trust Co LLC bought a new stake in Estée Lauder Companies in the 3rd quarter valued at about $32,000. Chilton Capital Management LLC bought a new stake in shares of Estée Lauder Companies during the 1st quarter worth approximately $37,000. Cornerstone Planning Group LLC bought a new stake in shares of Estée Lauder Companies during the 2nd quarter worth approximately $39,000. Exchange Traded Concepts LLC lifted its holdings in shares of Estée Lauder Companies by 1,900.0% during the 3rd quarter. Exchange Traded Concepts LLC now owns 280 shares of the company’s stock worth $40,000 after acquiring an additional 266 shares during the period. Finally, Sunbelt Securities Inc. lifted its holdings in shares of Estée Lauder Companies by 82.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 277 shares of the company’s stock worth $40,000 after acquiring an additional 125 shares during the period. Institutional investors own 55.15% of the company’s stock.

Estée Lauder Companies Price Performance

Shares of NYSE EL opened at $137.23 on Tuesday. The company has a quick ratio of 0.96, a current ratio of 1.36 and a debt-to-equity ratio of 1.16. The company has a market capitalization of $49.19 billion, a PE ratio of 105.56, a P/E/G ratio of 3.61 and a beta of 1.07. The firm has a fifty day simple moving average of $146.74 and a 200 day simple moving average of $138.08. The Estée Lauder Companies Inc. has a twelve month low of $102.22 and a twelve month high of $260.46.

Estée Lauder Companies (NYSE:EL) last posted its quarterly earnings results on Monday, February 5th. The company reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.33. The business had revenue of $4.28 billion during the quarter, compared to analysts’ expectations of $4.19 billion. Estée Lauder Companies had a net margin of 3.08% and a return on equity of 9.78%. The business’s quarterly revenue was down 7.4% on a year-over-year basis. During the same period last year, the company posted $1.54 earnings per share. On average, sell-side analysts forecast that The Estée Lauder Companies Inc. will post 2.23 EPS for the current year.

Estée Lauder Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were issued a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date of this dividend was Wednesday, February 28th. Estée Lauder Companies’s payout ratio is 203.08%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on EL. Bank of America raised shares of Estée Lauder Companies from a “neutral” rating to a “buy” rating and upped their price target for the stock from $160.00 to $170.00 in a report on Thursday, March 28th. Oppenheimer reaffirmed a “market perform” rating on shares of Estée Lauder Companies in a report on Monday. StockNews.com downgraded shares of Estée Lauder Companies from a “hold” rating to a “sell” rating in a report on Wednesday, February 14th. Royal Bank of Canada increased their price objective on shares of Estée Lauder Companies from $115.00 to $131.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 6th. Finally, Telsey Advisory Group increased their price objective on shares of Estée Lauder Companies from $115.00 to $155.00 and gave the company a “market perform” rating in a research note on Tuesday, February 6th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $168.00.

Estée Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.