Livforsakringsbolaget Skandia Omsesidigt maintained its stake in Estee Lauder Companies, Inc. (The) (NYSE:EL) during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 4,254 shares of the company’s stock at the end of the second quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Estee Lauder Companies, Inc. (The) were worth $408,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Chevy Chase Trust Holdings Inc. boosted its position in shares of Estee Lauder Companies, Inc. (The) by 7.2% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 357,434 shares of the company’s stock worth $30,306,000 after buying an additional 23,874 shares during the period. Bath Savings Trust Co boosted its position in shares of Estee Lauder Companies, Inc. (The) by 20.7% in the first quarter. Bath Savings Trust Co now owns 24,340 shares of the company’s stock worth $2,063,000 after buying an additional 4,166 shares during the period. Macquarie Group Ltd. boosted its position in shares of Estee Lauder Companies, Inc. (The) by 63.1% in the fourth quarter. Macquarie Group Ltd. now owns 31,560 shares of the company’s stock worth $2,414,000 after buying an additional 12,210 shares during the period. Kentucky Retirement Systems Insurance Trust Fund acquired a new position in shares of Estee Lauder Companies, Inc. (The) during the fourth quarter worth about $550,000. Finally, Kentucky Retirement Systems acquired a new position in shares of Estee Lauder Companies, Inc. (The) during the fourth quarter worth about $1,234,000. 54.73% of the stock is owned by hedge funds and other institutional investors.

Shares of Estee Lauder Companies, Inc. (NYSE:EL) traded up 0.53% during mid-day trading on Tuesday, hitting $101.06. 2,128,913 shares of the stock were exchanged. Estee Lauder Companies, Inc. has a 52-week low of $75.30 and a 52-week high of $101.41. The stock has a 50-day moving average price of $96.87 and a 200 day moving average price of $89.45. The firm has a market cap of $37.17 billion, a price-to-earnings ratio of 33.87 and a beta of 0.72.

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A number of brokerages recently issued reports on EL. BidaskClub raised shares of Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating in a research report on Monday, July 31st. Wells Fargo & Company reissued an “outperform” rating and set a $106.00 price target (up from $103.00) on shares of Estee Lauder Companies, Inc. (The) in a research report on Saturday, July 22nd. Deutsche Bank AG reissued a “buy” rating and set a $108.00 price target (up from $102.00) on shares of Estee Lauder Companies, Inc. (The) in a research report on Saturday, July 22nd. Stifel Nicolaus lowered their price target on shares of Estee Lauder Companies, Inc. (The) from $108.00 to $98.00 and set a “buy” rating for the company in a research report on Tuesday, June 6th. Finally, Zacks Investment Research raised shares of Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $107.00 price target for the company in a research report on Tuesday, July 4th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and sixteen have issued a buy rating to the company. Estee Lauder Companies, Inc. (The) currently has an average rating of “Buy” and an average price target of $98.83.

In related news, Director Charlene Barshefsky sold 2,383 shares of the stock in a transaction that occurred on Monday, May 22nd. The shares were sold at an average price of $92.98, for a total value of $221,571.34. Following the completion of the transaction, the director now directly owns 4,000 shares of the company’s stock, valued at approximately $371,920. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider John Demsey sold 23,304 shares of the stock in a transaction that occurred on Wednesday, May 10th. The shares were sold at an average price of $94.00, for a total transaction of $2,190,576.00. Following the completion of the transaction, the insider now directly owns 23,304 shares of the company’s stock, valued at $2,190,576. The disclosure for this sale can be found here. Insiders sold a total of 109,622 shares of company stock valued at $10,481,706 over the last ninety days. 16.98% of the stock is currently owned by insiders.

About Estee Lauder Companies, Inc. (The)

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, Inc. (The) (NYSE:EL)

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