Atria Investments Inc Has $177,000 Stock Holdings in Coty Inc. (NYSE:COTY)

Atria Investments Inc grew its holdings in shares of Coty Inc. (NYSE:COTY) by 36.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,413 shares of the company’s stock after buying an additional 6,763 shares during the quarter. Atria Investments Inc’s holdings in Coty were worth $177,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Barclays PLC boosted its holdings 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 last quarter. Thrivent Financial for Lutherans increased its stake in Coty by 11.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 6,450,073 shares of the company’s stock valued at $60,566,000 after buying an additional 656,952 shares during the last quarter. Victory Capital Management Inc. lifted its position in shares of Coty by 17.5% during the 4th quarter. Victory Capital Management Inc. now owns 3,134,276 shares of the company’s stock worth $21,815,000 after buying an additional 466,772 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of Coty in the third quarter valued at approximately $3,681,000. Finally, Natixis Advisors LLC grew its holdings in shares of Coty by 30.1% in the third quarter. Natixis Advisors LLC now owns 1,388,226 shares of the company’s stock valued at $13,036,000 after acquiring an additional 321,221 shares in the last quarter. 42.36% of the stock is owned by institutional investors.

Coty Price Performance

Coty stock opened at $5.54 on Wednesday. The stock has a market cap of $4.83 billion, a price-to-earnings ratio of -553.50, a PEG ratio of 0.81 and a beta of 1.97. 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 business has a 50-day simple moving average of $6.36 and a 200 day simple moving average of $7.41. Coty Inc. has a 52 week low of $5.35 and a 52 week high of $12.31.

Coty (NYSE:COTY) last announced its earnings results on Monday, February 10th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.11). Coty had a net margin of 0.22% and a return on equity of 6.34%. On average, research analysts forecast that Coty Inc. will post 0.39 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Royal Bank of Canada restated an “outperform” rating and issued a $13.00 price objective on shares of Coty in a research note on Wednesday, February 12th. Barclays reduced their price target on shares of Coty from $7.00 to $6.00 and set an “underweight” rating for the company in a research report on Friday, January 17th. The Goldman Sachs Group lowered their price objective on shares of Coty from $9.00 to $8.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 12th. Morgan Stanley reduced their target price on shares of Coty from $9.00 to $7.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 12th. Finally, Wells Fargo & Company lowered their price target on shares of Coty from $9.00 to $7.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $9.89.

Coty Company Profile

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.