From MarketBeat:



The investment firm S.E.E.D. Planning Group LLC has increased its stake in The Estée Lauder Companies Inc. by 52.8%, owning 50,122 shares of the company’s stock. Other institutional investors and hedge funds have also bought stakes in the company, contributing to a 55.15% ownership by such entities. In trading on Monday, the company’s stock was down 0.7% at $144.43 a share, despite the company recently surpassing estimated earnings for the quarter. Estée Lauder Companies has announced a quarterly dividend, with a yield of 1.83%, and the company’s stock recently received ratings from different analysts.

S.E.E.D. Planning Group LLC has strengthened its stake in the Estée Lauder Companies Inc., as the company’s stock faced losses in its most recent trading period. Despite the decrease in stock value, the company continues to deliver on solid earnings, beating expectations for the quarter. The company’s stock also recently saw ratings from multiple analysts, who have expressed their perspectives on the investment potential of Estée Lauder Companies. These factors together paint a complex picture for the investment future of Estée Lauder Companies Inc.



Read more: S.E.E.D. Planning Group LLC Boosts Stock Position in The Estée Lauder Companies Inc. (NYSE:EL)