Coty Inc. (NYSE:COTY) Shares Acquired by US Bancorp DE

US Bancorp DE grew its position in Coty Inc. (NYSE:COTY) by 116.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,473 shares of the company’s stock after purchasing an additional 5,088 shares during the period. US Bancorp DE’s holdings in Coty were worth $66,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of COTY. Barclays PLC lifted its position in Coty by 147.1% during the 3rd quarter. Barclays PLC now owns 1,165,806 shares of the company’s stock worth $10,947,000 after acquiring an additional 693,961 shares in the last quarter. Thrivent Financial for Lutherans lifted its position in Coty by 11.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 6,450,073 shares of the company’s stock worth $60,566,000 after acquiring an additional 656,952 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Coty during the 3rd quarter worth approximately $3,681,000. Natixis Advisors LLC increased its holdings in Coty by 30.1% during the 3rd quarter. Natixis Advisors LLC now owns 1,388,226 shares of the company’s stock worth $13,036,000 after purchasing an additional 321,221 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. increased its holdings in Coty by 5.1% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 5,929,663 shares of the company’s stock worth $41,270,000 after purchasing an additional 287,061 shares during the last quarter. 42.36% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on COTY shares. Wells Fargo & Company dropped their price objective on Coty from $9.00 to $7.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. Barclays dropped their price objective on Coty from $7.00 to $6.00 and set an “underweight” rating on the stock in a report on Friday, January 17th. Stifel Nicolaus dropped their price objective on Coty from $8.50 to $8.00 and set a “hold” rating on the stock in a report on Tuesday, February 11th. The Goldman Sachs Group dropped their price objective on Coty from $9.00 to $8.00 and set a “neutral” rating on the stock in a report on Wednesday, February 12th. Finally, Canaccord Genuity Group dropped their price objective on Coty from $10.00 to $8.00 and set a “buy” rating on the stock in a report on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $9.89.

Coty Price Performance

Shares of COTY opened at $5.64 on Tuesday. The company has a market cap of $4.91 billion, a P/E ratio of -563.50, a PEG ratio of 0.81 and a beta of 1.97. The stock has a fifty day moving average price of $6.39 and a 200 day moving average price of $7.44. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.71 and a quick ratio of 0.45. Coty Inc. has a 12 month low of $5.35 and a 12 month high of $12.53.

Coty (NYSE:COTY) last issued its quarterly earnings data 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%. On average, research analysts forecast that Coty Inc. will post 0.39 earnings per share for the current year.

About Coty

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.