Hs Management Partners Lowered Its Lauder Estee Cos (EL) Holding by $28.21 Million as Market Valuation Rose; Meyer Handelman Co Has Lifted Stake in Target Com (TGT) by $520,000

November 15, 2017 - By Linda Rogers

Hs Management Partners Llc decreased its stake in Lauder Estee Cos Inc (EL) by 31.07% based on its latest 2017Q2 regulatory filing with the SEC. Hs Management Partners Llc sold 296,925 shares as the company’s stock rose 8.67% with the market. The institutional investor held 658,650 shares of the consumer non-durables company at the end of 2017Q2, valued at $63.22M, down from 955,575 at the end of the previous reported quarter. Hs Management Partners Llc who had been investing in Lauder Estee Cos Inc for a number of months, seems to be less bullish one the $46.41B market cap company. The stock declined 0.53% or $0.67 reaching $125.35 per share. About 5,704 shares traded. Estee Lauder Companies Inc (NYSE:EL) has risen 1.49% since November 15, 2016 and is uptrending. It has underperformed by 15.21% the S&P500.

Meyer Handelman Co increased its stake in Target Corp Com (TGT) by 9.68% based on its latest 2017Q2 regulatory filing with the SEC. Meyer Handelman Co bought 10,000 shares as the company’s stock declined 14.90% while stock markets rallied. The institutional investor held 113,350 shares of the department and specialty retail stores company at the end of 2017Q2, valued at $5.93 million, up from 103,350 at the end of the previous reported quarter. Meyer Handelman Co who had been investing in Target Corp Com for a number of months, seems to be bullish on the $32.82B market cap company. The stock declined 4.31% or $2.59 reaching $57.5 on the news. About 659,256 shares traded. Target Corporation (NYSE:TGT) has declined 16.51% since November 15, 2016 and is downtrending. It has underperformed by 33.21% the S&P500.




Hs Management Partners Llc, which manages about $2.39 billion and $3.05 billion US Long portfolio, upped its stake in Diageo P L C (NYSE:DEO) by 46,975 shares to 1.56M shares, valued at $186.98 million in 2017Q2, according to the filing. It also increased its holding in Lululemon Athletica Inc (NASDAQ:LULU) by 741,200 shares in the quarter, for a total of 2.78M shares, and has risen its stake in Nike Inc (NYSE:NKE).

Since May 22, 2017, it had 0 buys, and 3 selling transactions for $3.78 million activity. Demsey John sold $2.67 million worth of stock. BARSHEFSKY CHARLENE sold $221,571 worth of stock.

Among 30 analysts covering Estee Lauder (NYSE:EL), 23 have Buy rating, 1 Sell and 6 Hold. Therefore 77% are positive. Estee Lauder had 84 analyst reports since July 21, 2015 according to SRatingsIntel. The company was upgraded on Thursday, March 2 by PiperJaffray. As per Wednesday, November 1, the company rating was maintained by Oppenheimer. The stock of Estee Lauder Companies Inc (NYSE:EL) has “Neutral” rating given on Monday, August 22 by Citigroup. The stock has “Buy” rating by RBC Capital Markets on Thursday, July 6. As per Tuesday, November 3, the company rating was maintained by UBS. UBS maintained Estee Lauder Companies Inc (NYSE:EL) on Friday, February 3 with “Neutral” rating. As per Tuesday, August 22, the company rating was maintained by Morgan Stanley. Jefferies maintained the shares of EL in report on Wednesday, April 19 with “Hold” rating. As per Monday, June 13, the company rating was upgraded by CLSA. The stock has “Buy” rating by RBC Capital Markets on Friday, April 28.

Investors sentiment increased to 1.21 in 2017 Q2. Its up 0.19, from 1.02 in 2017Q1. It is positive, as 48 investors sold EL shares while 192 reduced holdings. 83 funds opened positions while 207 raised stakes. 194.59 million shares or 0.86% more from 192.93 million shares in 2017Q1 were reported. Crystal Rock Management reported 48,005 shares. Bank Of Mellon reported 0.07% of its portfolio in Estee Lauder Companies Inc (NYSE:EL). United Asset Strategies Inc holds 0.1% or 3,388 shares in its portfolio. Texas Yale Capital owns 14,720 shares. Moreover, Salem Inv Counselors Incorporated has 0% invested in Estee Lauder Companies Inc (NYSE:EL) for 18 shares. Fmr Ltd Llc holds 0.23% or 19.00M shares in its portfolio. Moreover, Swarthmore Grp Inc Inc has 2.21% invested in Estee Lauder Companies Inc (NYSE:EL) for 99,900 shares. Lombard Odier Asset Mgmt (Europe) Ltd has invested 0.02% in Estee Lauder Companies Inc (NYSE:EL). Whittier Tru has invested 0.31% of its portfolio in Estee Lauder Companies Inc (NYSE:EL). Smithfield Co reported 900 shares. Goldman Sachs Grp stated it has 2.01M shares or 0.05% of all its holdings. Gotham Asset Ltd Liability Company reported 0.42% stake. 129,768 are held by Redwood Invests Limited Liability Company. Uss Invest Mgmt Limited has invested 0.99% in Estee Lauder Companies Inc (NYSE:EL). Synovus Financial Corporation has invested 0.04% in Estee Lauder Companies Inc (NYSE:EL).

Analysts await Estee Lauder Companies Inc (NYSE:EL) to report earnings on February, 1. They expect $1.42 earnings per share, up 16.39% or $0.20 from last year’s $1.22 per share. EL’s profit will be $525.75M for 22.07 P/E if the $1.42 EPS becomes a reality. After $1.21 actual earnings per share reported by Estee Lauder Companies Inc for the previous quarter, Wall Street now forecasts 17.36% EPS growth.

More important recent Estee Lauder Companies Inc (NYSE:EL) news were published by: Businesswire.com which released: “The Estée Lauder Companies Inc. Increases Quarterly Dividend 12% to $.38 Per Share” on November 01, 2017, also Zacks.com published article titled: “Estee Lauder Companies (EL) in Focus: Stock Moves 9.2% Higher November 02, 2017”, Businesswire.com published: “The Estée Lauder Companies Holds Annual Meeting of Stockholders” on November 14, 2017. More interesting news about Estee Lauder Companies Inc (NYSE:EL) was released by: Businesswire.com and their article: “The Estée Lauder Companies to Webcast Annual Stockholders’ Meeting” with publication date: November 06, 2017.

Among 26 analysts covering Target Corporation (NYSE:TGT), 7 have Buy rating, 3 Sell and 16 Hold. Therefore 27% are positive. Target Corporation had 67 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Underperform” rating given on Wednesday, March 1 by Wolfe Research. The stock of Target Corporation (NYSE:TGT) earned “Outperform” rating by Cowen & Co on Thursday, February 25. The rating was downgraded by Cowen & Co on Monday, September 12 to “Market Perform”. The stock of Target Corporation (NYSE:TGT) has “Hold” rating given on Wednesday, August 9 by Stifel Nicolaus. The stock of Target Corporation (NYSE:TGT) has “Neutral” rating given on Thursday, November 19 by M Partners. As per Monday, May 16, the company rating was maintained by Deutsche Bank. The rating was maintained by Goldman Sachs on Thursday, August 18 with “Neutral”. Jefferies maintained Target Corporation (NYSE:TGT) on Tuesday, June 20 with “Hold” rating. Cowen & Co maintained the shares of TGT in report on Thursday, July 13 with “Hold” rating. Citigroup initiated the shares of TGT in report on Monday, November 9 with “Buy” rating.

More notable recent Target Corporation (NYSE:TGT) news were published by: Seekingalpha.com which released: “Target: Will My Bullish Thesis Hold Water?” on November 08, 2017, also Businesswire.com with their article: “Target Corporation to Webcast 3rd Quarter Earnings Conference Call on …” published on November 14, 2017, Seekingalpha.com published: “4 Reasons Why Target Is Right On Target” on October 17, 2017. More interesting news about Target Corporation (NYSE:TGT) were released by: Seekingalpha.com and their article: “Target slides after weak holiday quarter guidance” published on November 15, 2017 as well as Investorplace.com‘s news article titled: “Save Big and Ring the Register on Target Corporation” with publication date: November 13, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.