Estee Lauder Companies Inc (NYSE:EL) Stock Holdings Lifted by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. increased its position in Estee Lauder Companies Inc (NYSE:EL) by 0.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 88,119 shares of the company’s stock after buying an additional 78 shares during the quarter. Estee Lauder Companies accounts for approximately 2.8% of Tokio Marine Asset Management Co. Ltd.’s holdings, making the stock its 7th biggest holding. Tokio Marine Asset Management Co. Ltd.’s holdings in Estee Lauder Companies were worth $16,135,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. NuWave Investment Management LLC purchased a new position in Estee Lauder Companies during the 2nd quarter valued at $33,000. Thor Advisors LLC purchased a new position in Estee Lauder Companies during the 1st quarter valued at $37,000. Anderson Fisher LLC bought a new stake in shares of Estee Lauder Companies during the 1st quarter valued at $43,000. Trust Co. of Vermont boosted its holdings in shares of Estee Lauder Companies by 112.1% during the 1st quarter. Trust Co. of Vermont now owns 263 shares of the company’s stock valued at $44,000 after buying an additional 139 shares in the last quarter. Finally, Motco boosted its holdings in shares of Estee Lauder Companies by 45.8% during the 1st quarter. Motco now owns 277 shares of the company’s stock valued at $46,000 after buying an additional 87 shares in the last quarter. 54.29% of the stock is currently owned by institutional investors.

Estee Lauder Companies stock traded down $8.67 during mid-day trading on Monday, reaching $173.53. The stock had a trading volume of 70,922 shares, compared to its average volume of 1,057,696. The firm has a market cap of $65.93 billion, a P/E ratio of 38.52, a price-to-earnings-growth ratio of 2.43 and a beta of 0.81. The company’s 50-day moving average price is $185.16. Estee Lauder Companies Inc has a one year low of $121.47 and a one year high of $194.74. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.69 and a quick ratio of 1.26.

EL has been the topic of a number of research reports. Citigroup boosted their target price on shares of Estee Lauder Companies from $188.00 to $197.00 and gave the company a “buy” rating in a report on Thursday, May 2nd. Stifel Nicolaus boosted their target price on shares of Estee Lauder Companies from $180.00 to $205.00 and gave the company a “buy” rating in a report on Friday, July 19th. DA Davidson cut shares of Estee Lauder Companies from a “buy” rating to a “neutral” rating and dropped their target price for the company from $179.00 to $155.00 in a report on Thursday, May 2nd. Oppenheimer boosted their target price on shares of Estee Lauder Companies from $164.00 to $180.00 and gave the company an “outperform” rating in a report on Monday, April 8th. Finally, Macquarie boosted their target price on shares of Estee Lauder Companies from $170.00 to $195.00 and gave the company an “outperform” rating in a report on Thursday, May 2nd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and fifteen have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $171.95.

In related news, Director Lynn Forester sold 10,000 shares of the company’s stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $172.48, for a total value of $1,724,800.00. Following the transaction, the director now owns 14,000 shares in the company, valued at approximately $2,414,720. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Fabrizio Freda sold 33,719 shares of the company’s stock in a transaction dated Monday, May 13th. The stock was sold at an average price of $164.42, for a total transaction of $5,544,077.98. Following the completion of the transaction, the chief executive officer now owns 101,893 shares in the company, valued at approximately $16,753,247.06. The disclosure for this sale can be found here. In the last quarter, insiders sold 179,994 shares of company stock worth $30,059,854. 16.13% of the stock is currently owned by company insiders.

Estee Lauder Companies Profile

The Estée Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care products, exfoliators, acne care products, facial masks, cleansing devices, and sun care products; and makeup products, including lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as related items, including compacts, brushes, and other makeup tools.

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Institutional Ownership by Quarter for Estee Lauder Companies (NYSE:EL)

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