Could Estee Lauder Companies Inc Lose Strenght? Option Traders Don’t Think So

 Could Estee Lauder Companies Inc Lose Strenght? Option Traders Don't Think So

In today’s session Estee Lauder Companies Inc (EL) registered an unusually high (162) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious EL increase. With 162 contracts traded and 14584 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: EL161021C00090000 closed last at: $0.35 or 16.7% up. About 367,673 shares traded hands. Estee Lauder Companies Inc (NYSE:EL) has declined 5.33% since March 11, 2016 and is downtrending. It has underperformed by 10.78% the S&P500.

Estee Lauder Companies Inc (NYSE:EL) Ratings Coverage

Out of 19 analysts covering Estee Lauder (NYSE:EL), 13 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 68% are positive. $105 is the highest target while $77 is the lowest. The $98.05 average target is 11.08% above today’s ($88.27) stock price. Estee Lauder has been the topic of 31 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Tuesday, July 21 by Sterne Agee CRT. Jefferies initiated the shares of EL in a report on Monday, September 28 with “Hold” rating. The rating was downgraded by Goldman Sachs on Wednesday, March 16 to “Neutral”. The firm has “Hold” rating by Argus Research given on Friday, September 9. The stock of Estee Lauder Companies Inc (NYSE:EL) earned “Outperform” rating by Telsey Advisory Group on Monday, February 8. The firm has “Outperform” rating by Telsey Advisory Group given on Tuesday, August 18. As per Thursday, February 11, the company rating was initiated by Atlantic Securities. On Thursday, August 13 the stock rating was maintained by Telsey Advisory Group with “Market Perform”. The stock has “Overweight” rating given by Morgan Stanley on Wednesday, March 23. The rating was upgraded by CLSA to “Buy” on Monday, June 13.

According to Zacks Investment Research, “Estee Lauder Co. is one of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. Its products are sold in numerous countries and territories under the following well-recognized brand names: Estee Lauder, Clinique, Aramis, Prescriptives, Origins, M.A.C, Bobbi Brown essentials, La Mer, jane, Aveda, Stila, Jo Malone and Bumble and bumble. The company is also the global licensee for fragrances and cosmetics sold under the Tommy Hilfiger, Donna Karan and Kate Spade brands.”

Insitutional Activity: The institutional sentiment increased to 1.03 in 2016 Q2. Its up 0.10, from 0.93 in 2016Q1. The ratio increased, as 54 funds sold all Estee Lauder Companies Inc shares owned while 192 reduced positions. 48 funds bought stakes while 206 increased positions. They now own 196.11 million shares or 3.26% less from 202.72 million shares in 2016Q1.
Manufacturers Life Insurance Company The holds 0.03% or 249,451 shares in its portfolio. Cadence Capital Limited Co has invested 0.16% of its portfolio in Estee Lauder Companies Inc (NYSE:EL). State Street Corporation last reported 8.87 million shares in the company. Nippon Life last reported 5,376 shares in the company. Delta Asset Mgmt Lc Tn holds 0.01% or 400 shares in its portfolio. The Maryland-based Price T Rowe Assocs Md has invested 0.02% in Estee Lauder Companies Inc (NYSE:EL). Community Trust & Com has 0.06% invested in the company for 4,900 shares. Allsquare Wealth Mngmt Ltd Liability Co last reported 0.02% of its portfolio in the stock. Decatur, a Georgia-based fund reported 152,625 shares. Signaturefd Ltd Company has invested 0% of its portfolio in Estee Lauder Companies Inc (NYSE:EL). Moreover, First Manhattan has 0% invested in Estee Lauder Companies Inc (NYSE:EL) for 374 shares. Boston Common Asset Management Ltd Company holds 0.28% or 53,330 shares in its portfolio. Public Sector Pension Investment Board accumulated 42,203 shares or 0.04% of the stock. Pnc Fin Group Inc last reported 112,026 shares in the company. Moreover, Sarasin & Prns Llp has 0.02% invested in Estee Lauder Companies Inc (NYSE:EL) for 12,200 shares.

Insider Transactions: Since May 4, 2016, the stock had 0 buys, and 22 insider sales for $253.23 million net activity. $7.35 million worth of Estee Lauder Companies Inc (NYSE:EL) was sold by PROUVE CEDRIC on Wednesday, August 31. The insider BARSHEFSKY CHARLENE sold $202,520. Another trade for 22,037 shares valued at $2.01 million was sold by Freda Fabrizio. LAL FAMILY PARTNERS LP had sold 67,300 shares worth $6.26 million on Monday, May 16. On Tuesday, June 7 the insider Haney Carl P. sold $3.22M. Demsey John also sold $12.83 million worth of Estee Lauder Companies Inc (NYSE:EL) shares. 13,125 shares were sold by Hockaday Irvine O Jr, worth $1.25M.

The Estee Lauder Companies Inc., is a maker and marketer of skin care, makeup, fragrance and hair care products. The company has a market cap of $32.32 billion. The Company’s products are sold in over 150 countries and territories under a number of brand names, including Estee Lauder, Aramis, Clinique, Origins, Le Labo, M.A.C, Bobbi Brown, La Mer and Aveda. It has a 29.83 P/E ratio. It is also the global licensee for fragrances and/or cosmetics sold under brand names, such as Tommy Hilfiger, Donna Karan, Michael Kors, Tom Ford and Coach.

EL Company Profile

The Estee Lauder Companies Inc., incorporated on December 9, 1976, is a maker and marketer of skin care, makeup, fragrance and hair care products. The Company’s products are sold in over 150 countries and territories under a number of brand names, including Estee Lauder, Aramis, Clinique, Origins, Le Labo, M.A.C, Bobbi Brown, La Mer and Aveda. It is also the global licensee for fragrances and/or cosmetics sold under brand names, such as Tommy Hilfiger, Donna Karan, Michael Kors, Tom Ford and Coach. It sells its products principally through limited distribution channels to complement the images associated with its brands. These channels include points of sale consisting of upscale department stores, specialty retailers, upscale perfumeries and pharmacies and prestige salons and spas. In addition, its products are sold in freestanding Company-operated stores, its own and authorized retailer Websites, stores on cruise ships, direct response television (DRTV), in-flight and duty-free shops and certain fragrances are sold in self-select outlets.

More news for Estee Lauder Companies Inc (NYSE:EL) were recently published by: Time.com, which released: “What Estee Lauder’s Son Learned From His Famous Mom” on October 14, 2016. Benzinga.com‘s article titled: “Chinese Survey Has More Bad News Than Good For Estee Lauder” and published on September 15, 2016 is yet another important article.

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