1 day Ago By ABMN Staff
Geode Capital Management LLC decreased its position in shares of Coty Inc. ( NYSE:COTY – Free Report ) by 0.2% during the 4th quarter, HoldingsChannel reports.
The fund owned 6,143,642 shares of the company’s stock after selling 14,218 shares during the period. Geode Capital Management LLC’s holdings in Coty were worth $42,773,000 at the end of the most recent reporting period. Other hedge funds and other institutional investors have also bought and sold shares of the company.
Steward Partners Investment Advisory LLC raised its position in Coty by 317.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,191 shares of the company’s stock valued at $29,000 after purchasing an additional 3,186 shares during the last quarter.
Allworth Financial LP raised its holdings in Coty by 145.0% in the 4th quarter. Allworth Financial LP now owns 5,623 shares of the company’s stock valued at $42,000 after buying an additional 3,328 shares during the last quarter.
Blue Trust Inc. boosted its position in Coty by 124.8% during the 4th quarter.
Blue Trust Inc. now owns 6,984 shares of the company’s stock worth $49,000 after buying an additional 3,877 shares during the period. R Squared Ltd bought a new stake in Coty during the 4th quarter worth approximately $54,000.
Finally, US Bancorp DE increased its position in Coty by 116.0% in the 4th quarter. US Bancorp DE now owns 9,473 shares of the company’s stock valued at $66,000 after acquiring an additional 5,088 shares during the period.
Institutional investors own 42.36% of the company’s stock. Analysts Set New Price Targets Several brokerages recently weighed in on COTY.
Piper Sandler reduced their price objective on shares of Coty from $9.00 to $8.00 and set an “overweight” rating on the stock in a research note on Monday, February 24th.
DA Davidson reiterated a “buy” rating and issued a $12.50 price target on shares of Coty in a research report on Thursday, February 6th. Stifel Nicolaus lowered their price objective on Coty from $8.
00 to $6.50 and set a “hold” rating for the company in a research report on Thursday, April 10th. The Goldman Sachs Group decreased their target price on shares of Coty from $9.
00 to $8.00 and set a “neutral” rating for the company in a research report on Wednesday, February 12th. Finally, Canaccord Genuity Group reduced their price objective on shares of Coty from $10.
00 to $8.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the company.
According to MarketBeat, Coty presently has a consensus rating of “Moderate Buy” and an average price target of $9.06. Coty Price Performance Shares of NYSE:COTY opened at $5.
19 on Tuesday. Coty Inc. has a twelve month low of $4.
61 and a twelve month high of $11.81. The stock’s 50 day moving average is $5.
60 and its 200-day moving average is $6.85. The company has a quick ratio of 0.
45, a current ratio of 0.71 and a debt-to-equity ratio of 0.85.
The firm has a market capitalization of $4.53 billion, a price-to-earnings ratio of -519.00, a PEG ratio of 0.
81 and a beta of 1.75. Coty ( NYSE:COTY – Get Free Report ) last released its quarterly earnings data on Monday, February 10th.
The company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.
11). Coty had a net margin of 0.22% and a return on equity of 6.
34%. Sell-side analysts forecast that Coty Inc. will post 0.
39 EPS for the current fiscal 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. Featured Stories Want to see what other hedge funds are holding COTY? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Coty Inc. ( NYSE:COTY – Free Report ). 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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