Citizens & Northern Corp Sells 132 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

Citizens & Northern Corp lowered its stake in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 1.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,586 shares of the company’s stock after selling 132 shares during the quarter. Citizens & Northern Corp’s holdings in Estée Lauder Companies were worth $1,109,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Keybank National Association OH grew its position in Estée Lauder Companies by 11.3% in the 3rd quarter. Keybank National Association OH now owns 4,507 shares of the company’s stock worth $651,000 after purchasing an additional 458 shares during the period. Impax Asset Management Group plc lifted its stake in shares of Estée Lauder Companies by 517.6% during the 4th quarter. Impax Asset Management Group plc now owns 46,633 shares of the company’s stock valued at $6,820,000 after buying an additional 39,082 shares in the last quarter. Unique Wealth Strategies LLC purchased a new position in shares of Estée Lauder Companies during the 4th quarter valued at $819,000. YCG LLC lifted its stake in shares of Estée Lauder Companies by 5.7% during the 4th quarter. YCG LLC now owns 178,242 shares of the company’s stock valued at $26,068,000 after buying an additional 9,619 shares in the last quarter. Finally, Nordea Investment Management AB lifted its stake in shares of Estée Lauder Companies by 37.1% during the 3rd quarter. Nordea Investment Management AB now owns 1,411,163 shares of the company’s stock valued at $205,776,000 after buying an additional 381,860 shares in the last quarter. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Estée Lauder Companies Price Performance

Shares of Estée Lauder Companies stock traded down $4.54 on Thursday, hitting $126.23. The company’s stock had a trading volume of 2,637,191 shares, compared to its average volume of 2,774,504. The Estée Lauder Companies Inc. has a 52-week low of $102.22 and a 52-week high of $204.41. The company has a quick ratio of 1.15, a current ratio of 1.58 and a debt-to-equity ratio of 1.26. The firm has a fifty day moving average price of $141.58 and a 200-day moving average price of $138.54. The company has a market capitalization of $45.26 billion, a P/E ratio of 73.49, a price-to-earnings-growth ratio of 3.63 and a beta of 1.07.

Estée Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Wednesday, May 1st. The company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.49. The business had revenue of $3.94 billion for the quarter, compared to analyst estimates of $3.92 billion. Estée Lauder Companies had a net margin of 4.18% and a return on equity of 13.08%. The company’s revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.47 EPS. On average, equities research analysts expect that The Estée Lauder Companies Inc. will post 2.22 earnings per share for the current fiscal year.

Estée Lauder Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Friday, May 31st will be issued a dividend of $0.66 per share. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.64 annualized dividend and a dividend yield of 2.09%. Estée Lauder Companies’s payout ratio is currently 148.32%.

Analyst Ratings Changes

A number of research analysts recently weighed in on EL shares. Oppenheimer restated a “market perform” rating on shares of Estée Lauder Companies in a research note on Monday, April 15th. Citigroup upgraded shares of Estée Lauder Companies from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $160.00 to $175.00 in a research note on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Estée Lauder Companies from $160.00 to $159.00 in a research note on Wednesday, May 1st. Royal Bank of Canada boosted their target price on shares of Estée Lauder Companies from $115.00 to $131.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 6th. Finally, DA Davidson reiterated a “buy” rating and set a $191.00 price target on shares of Estée Lauder Companies in a report on Monday, April 22nd. Sixteen equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Estée Lauder Companies currently has an average rating of “Hold” and a consensus target price of $160.92.

Insider Transactions at Estée Lauder Companies

In other Estée Lauder Companies news, CFO Tracey Thomas Travis sold 14,493 shares of the stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $135.73, for a total value of $1,967,134.89. Following the completion of the sale, the chief financial officer now owns 47,248 shares of the company’s stock, valued at $6,412,971.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CFO Tracey Thomas Travis sold 14,493 shares of the firm’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $135.73, for a total transaction of $1,967,134.89. Following the transaction, the chief financial officer now directly owns 47,248 shares in the company, valued at $6,412,971.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Peter Jueptner sold 12,786 shares of the firm’s stock in a transaction on Wednesday, May 22nd. The stock was sold at an average price of $130.62, for a total value of $1,670,107.32. Following the transaction, the insider now owns 5,578 shares in the company, valued at $728,598.36. The disclosure for this sale can be found here. Insiders own 12.77% of the company’s stock.

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.