2 weeks Ago By Defense World Staff
Bank of Montreal Can lifted its stake in Coty Inc. ( NYSE:COTY – Free Report ) by 8.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 61,237 shares of the company’s stock after purchasing an additional 4,716 shares during the period. Bank of Montreal Can’s holdings in Coty were worth $426,000 at the end of the most recent reporting period. Other institutional investors also recently bought and sold shares of the company.
Steward Partners Investment Advisory LLC lifted its position in shares of 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 acquiring an additional 3,186 shares in the last quarter.
Allworth Financial LP raised its stake in Coty by 145.0% during the 4th quarter. Allworth Financial LP now owns 5,623 shares of the company’s stock valued at $42,000 after purchasing an additional 3,328 shares during the period.
Blue Trust Inc. lifted its holdings in Coty by 124.8% in the 4th quarter.
Blue Trust Inc. now owns 6,984 shares of the company’s stock worth $49,000 after purchasing an additional 3,877 shares in the last quarter. Quadrant Capital Group LLC boosted its stake in Coty by 55.
3% in the 4th quarter. Quadrant Capital Group LLC now owns 7,307 shares of the company’s stock worth $51,000 after purchasing an additional 2,601 shares during the period. Finally, R Squared Ltd purchased a new stake in Coty during the 4th quarter valued at approximately $54,000.
42.36% of the stock is owned by institutional investors. Wall Street Analyst Weigh In COTY has been the topic of several research analyst reports.
Morgan Stanley decreased their price target on shares of Coty from $9.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 12th.
Piper Sandler decreased their target price on Coty from $9.00 to $8.00 and set an “overweight” rating on the stock in a research report on Monday, February 24th.
Wells Fargo & Company reaffirmed a “positive” rating on shares of Coty in a research note on Wednesday, April 16th. Evercore ISI lowered their target price on Coty from $15.00 to $10.
00 and set an “outperform” rating for the company in a research report on Wednesday, February 12th. Finally, Raymond James cut shares of Coty from an “outperform” rating to a “market perform” rating in a research report on Thursday, April 17th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the stock.
According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $8.24.
Coty Stock Performance Shares of Coty stock opened at $4.82 on Wednesday. Coty Inc.
has a 52 week low of $4.56 and a 52 week high of $11.81.
The company has a market capitalization of $4.20 billion, a PE ratio of -482.00, a price-to-earnings-growth ratio of 0.
81 and a beta of 1.75. The stock’s fifty day moving average is $5.
41 and its two-hundred day moving average is $6.68. The company has a quick ratio of 0.
45, a current ratio of 0.71 and a debt-to-equity ratio of 0.85.
Coty ( NYSE:COTY – Get Free Report ) last posted its quarterly earnings results on Monday, February 10th. The company reported $0.11 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%. As a group, analysts expect 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.
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