Xponance Inc. Has $558,000 Stock Holdings in Coty Inc. (NYSE:COTY)

Xponance Inc. grew its stake in shares of Coty Inc. (NYSE:COTY) by 4.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 44,920 shares of the company’s stock after purchasing an additional 2,105 shares during the period. Xponance Inc.’s holdings in Coty were worth $558,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BluePath Capital Management LLC acquired a new position in Coty during the 3rd quarter worth approximately $29,000. DekaBank Deutsche Girozentrale bought a new stake in shares of Coty during the third quarter valued at approximately $31,000. Pathstone Family Office LLC acquired a new position in shares of Coty during the third quarter worth approximately $118,000. Fulton Bank N.A. bought a new position in shares of Coty in the 4th quarter worth $131,000. Finally, Stratos Wealth Partners LTD. acquired a new stake in Coty in the 3rd quarter valued at $136,000. Institutional investors own 42.36% of the company’s stock.

Analyst Ratings Changes

COTY has been the topic of several research reports. DA Davidson restated a “buy” rating and set a $17.50 price objective on shares of Coty in a report on Monday, April 22nd. Royal Bank of Canada restated an “outperform” rating and issued a $14.00 target price on shares of Coty in a report on Friday, February 9th. Canaccord Genuity Group assumed coverage on Coty in a research note on Monday, April 15th. They set a “buy” rating and a $14.00 price target for the company. TheStreet upgraded Coty from a “c+” rating to a “b-” rating in a report on Thursday, February 8th. Finally, Citigroup dropped their price objective on Coty from $13.00 to $12.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 16th. Eight equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $13.19.

Insider Buying and Selling

In related news, Director Robert S. Singer sold 90,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the director now directly owns 169,982 shares in the company, valued at approximately $2,134,973.92. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other Coty news, Director Robert S. Singer sold 90,000 shares of the firm’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $12.56, for a total value of $1,130,400.00. Following the completion of the sale, the director now directly owns 169,982 shares in the company, valued at $2,134,973.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert S. Singer sold 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $12.70, for a total value of $381,000.00. Following the transaction, the director now owns 120,000 shares in the company, valued at approximately $1,524,000. The disclosure for this sale can be found here. 5.80% of the stock is owned by corporate insiders.

Coty Stock Up 0.4 %

COTY stock opened at $11.46 on Friday. Coty Inc. has a 1-year low of $9.02 and a 1-year high of $13.46. The stock has a market cap of $10.26 billion, a price-to-earnings ratio of 32.74, a price-to-earnings-growth ratio of 6.53 and a beta of 1.82. The company has a current ratio of 0.85, a quick ratio of 0.58 and a debt-to-equity ratio of 0.80. The company’s 50 day moving average is $11.90 and its 200 day moving average is $11.51.

Coty (NYSE:COTY) last released 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 business 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 earnings per share. The firm’s revenue was up 13.4% on a year-over-year basis. Sell-side analysts predict that Coty Inc. will post 0.45 EPS for the current fiscal year.

Coty Profile

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.