1 week Ago By ABMN Staff
Prudential Financial Inc. lessened its position in shares of Coty Inc. ( NYSE:COTY – Free Report ) by 10.
8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 30,224 shares of the company’s stock after selling 3,648 shares during the quarter. Prudential Financial Inc.
’s holdings in Coty were worth $218,000 at the end of the most recent reporting period. A number of other large investors have also recently added to or reduced their stakes in COTY. Quadrature Capital Ltd acquired a new stake in shares of Coty in the third quarter valued at $124,000.
State Street Corp grew its position in Coty by 2.3% in the 3rd quarter. State Street Corp now owns 11,043,208 shares of the company’s stock valued at $103,696,000 after acquiring an additional 251,964 shares in the last quarter.
Barclays PLC increased its stake in Coty by 147.1% during the third quarter. Barclays PLC now owns 1,165,806 shares of the company’s stock worth $10,947,000 after purchasing an additional 693,961 shares during the period.
Virtu Financial LLC purchased a new stake in Coty during the third quarter worth about $96,000. Finally, Tidal Investments LLC lifted its position in shares of Coty by 26.6% during the third quarter.
Tidal Investments LLC now owns 201,398 shares of the company’s stock worth $1,891,000 after purchasing an additional 42,295 shares in the last quarter. 42.36% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets Several equities analysts have commented on the stock. Evercore ISI decreased their price target on shares of Coty from $15.00 to $10.
00 and set an “outperform” rating for the company in a research report on Wednesday, February 12th. Stifel Nicolaus lowered their target price on Coty from $8.00 to $6.
50 and set a “hold” rating for the company in a research note on Thursday. The Goldman Sachs Group reduced their price target on Coty from $9.00 to $8.
00 and set a “neutral” rating on the stock in a research report on Wednesday, February 12th. Barclays lowered their price objective on Coty from $6.00 to $5.
00 and set an “underweight” rating for the company in a research report on Thursday, March 27th. Finally, Citigroup raised shares of Coty from a “neutral” rating to a “buy” rating and raised their target price for the company from $7.00 to $8.
00 in a report on Thursday, March 20th. One analyst has rated the stock with a sell rating, six have given a hold rating and twelve have given a buy rating to the stock. According to MarketBeat.
com, Coty currently has an average rating of “Moderate Buy” and a consensus target price of $9.47. Coty Stock Performance Shares of COTY stock opened at $5.
14 on Friday. Coty Inc. has a 1 year low of $4.
61 and a 1 year high of $11.81. The company has a debt-to-equity ratio of 0.
85, a quick ratio of 0.45 and a current ratio of 0.71.
The firm has a market cap of $4.48 billion, a price-to-earnings ratio of -513.50, a PEG ratio of 0.
81 and a beta of 1.75. The stock’s 50-day moving average is $5.
67 and its two-hundred day moving average is $6.93. Coty ( NYSE:COTY – Get Free Report ) last released its quarterly earnings results on Monday, February 10th.
The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.
11). Coty had a return on equity of 6.34% and a net margin of 0.
22%. Analysts predict that Coty Inc. will post 0.
39 earnings per share for the current year. Coty Profile ( Free Report ) Coty Inc, together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. It operates through Prestige and Consumer Beauty segments.
The company provides fragrance, color cosmetics, and skin and body care products. It offers Prestige segment products primarily through prestige retailers, including perfumeries, department stores, e-retailers, direct-to-consumer websites, and duty-free shops under the Burberry, Calvin Klein, Chloe, Davidoff, Escada, Gucci, Hugo Boss, Jil Sander, Joop!, Kylie Jenner, Lancaster, Marc Jacobs, Miu Miu, Orveda, philosophy, SKKN BY KIM, and Tiffany & Co brands. See Also Receive News & Ratings for Coty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coty and related companies with MarketBeat.
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