Tokio Marine Asset Management Co. Ltd. Raises Stock Holdings in The Estée Lauder Companies Inc. (NYSE:EL)

Tokio Marine Asset Management Co. Ltd. lifted its holdings in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 7.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,879 shares of the company’s stock after acquiring an additional 406 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Estée Lauder Companies were worth $860,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of EL. IFP Advisors Inc raised its position in Estée Lauder Companies by 21.1% during the third quarter. IFP Advisors Inc now owns 785 shares of the company’s stock valued at $113,000 after purchasing an additional 137 shares in the last quarter. Exchange Traded Concepts LLC raised its position in Estée Lauder Companies by 1,900.0% during the third quarter. Exchange Traded Concepts LLC now owns 280 shares of the company’s stock valued at $40,000 after purchasing an additional 266 shares in the last quarter. Caprock Group LLC raised its position in Estée Lauder Companies by 11.6% during the third quarter. Caprock Group LLC now owns 3,302 shares of the company’s stock valued at $477,000 after purchasing an additional 344 shares in the last quarter. Oak Thistle LLC purchased a new position in shares of Estée Lauder Companies in the third quarter worth about $538,000. Finally, Czech National Bank increased its holdings in shares of Estée Lauder Companies by 47.6% in the third quarter. Czech National Bank now owns 40,526 shares of the company’s stock worth $5,858,000 after buying an additional 13,069 shares during the period. 55.15% of the stock is owned by hedge funds and other institutional investors.

Estée Lauder Companies Trading Up 1.7 %

EL opened at $147.45 on Friday. The firm has a market cap of $52.86 billion, a P/E ratio of 113.42, a P/E/G ratio of 3.80 and a beta of 1.07. The Estée Lauder Companies Inc. has a 12 month low of $102.22 and a 12 month high of $250.63. The company has a current ratio of 1.36, a quick ratio of 0.96 and a debt-to-equity ratio of 1.16. The stock has a 50-day moving average of $146.86 and a 200 day moving average of $138.25.

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

Estée Lauder Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were paid a $0.66 dividend. This represents a $2.64 annualized dividend and a yield of 1.79%. The ex-dividend date of this dividend was Wednesday, February 28th. Estée Lauder Companies’s payout ratio is currently 203.08%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Telsey Advisory Group reiterated a “market perform” rating and issued a $155.00 price objective on shares of Estée Lauder Companies in a report on Thursday. Royal Bank of Canada lifted their price objective on Estée Lauder Companies from $115.00 to $131.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 6th. JPMorgan Chase & Co. lifted their price objective on Estée Lauder Companies from $150.00 to $167.00 and gave the stock an “overweight” rating in a report on Tuesday, February 6th. DA Davidson reiterated a “buy” rating and issued a $191.00 price objective on shares of Estée Lauder Companies in a report on Monday, April 22nd. Finally, Bank of America upgraded Estée Lauder Companies from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $160.00 to $170.00 in a report on Thursday, March 28th. One investment analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $168.17.

About Estée Lauder Companies

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.