Coty Inc (NYSE:COTY) CFO Pierre-Andre Terisse purchased 152,000 shares of the firm’s stock in a transaction on Friday, May 10th. The stock was bought at an average cost of $11.73 per share, with a total value of $1,782,960.00. Following the completion of the purchase, the chief financial officer now owns 152,000 shares of the company’s stock, valued at approximately $1,782,960. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

NYSE:COTY opened at $13.29 on Thursday. The company has a quick ratio of 0.62, a current ratio of 0.95 and a debt-to-equity ratio of 1.00. The stock has a market cap of $8.81 billion, a PE ratio of 19.26, a price-to-earnings-growth ratio of 2.69 and a beta of 0.88. Coty Inc has a one year low of $5.91 and a one year high of $14.87.

Coty (NYSE:COTY) last posted its earnings results on Wednesday, May 8th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.12 by $0.01. The company had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $2.06 billion. Coty had a negative net margin of 13.20% and a positive return on equity of 5.78%. The firm’s revenue for the quarter was down 10.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.13 earnings per share. On average, equities analysts predict that Coty Inc will post 0.64 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, June 6th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 3.76%. The ex-dividend date of this dividend is Wednesday, June 5th. Coty’s payout ratio is presently 72.46%.

Several research firms have weighed in on COTY. BMO Capital Markets lifted their price target on shares of Coty to $15.00 and gave the company a “positive” rating in a research note on Thursday, May 9th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Coty in a research note on Tuesday, March 5th. Zacks Investment Research raised shares of Coty from a “sell” rating to a “hold” rating in a research note on Thursday, February 28th. Citigroup downgraded shares of Coty from a “buy” rating to a “neutral” rating and decreased their price target for the company from $13.00 to $12.00 in a research note on Tuesday, April 2nd. Finally, JPMorgan Chase & Co. lifted their price target on shares of Coty to $10.00 and gave the company a “neutral” rating in a research note on Monday, February 11th. Eleven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Coty currently has a consensus rating of “Hold” and an average price target of $12.50.

Several large investors have recently bought and sold shares of the company. FMR LLC increased its position in shares of Coty by 7.9% during the fourth quarter. FMR LLC now owns 63,208,973 shares of the company’s stock worth $414,651,000 after acquiring an additional 4,636,912 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Coty by 36.4% during the fourth quarter. Bank of New York Mellon Corp now owns 33,881,957 shares of the company’s stock worth $222,265,000 after acquiring an additional 9,045,935 shares in the last quarter. BlackRock Inc. increased its position in shares of Coty by 1.8% during the first quarter. BlackRock Inc. now owns 31,892,606 shares of the company’s stock worth $366,764,000 after acquiring an additional 572,108 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Coty by 27.6% during the first quarter. Dimensional Fund Advisors LP now owns 9,669,621 shares of the company’s stock worth $111,202,000 after acquiring an additional 2,091,106 shares in the last quarter. Finally, MSD Partners L.P. increased its position in shares of Coty by 15.7% during the fourth quarter. MSD Partners L.P. now owns 6,750,297 shares of the company’s stock worth $44,282,000 after acquiring an additional 913,572 shares in the last quarter. 66.05% of the stock is owned by institutional investors.

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Coty Company Profile

Coty Inc, together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. It operates in three segments: Luxury, Consumer Beauty, and Professional Beauty. The Luxury segment offers prestige fragrances, and skincare and cosmetics products through various retailers, including perfumeries, department stores, and duty-free shops under the Alexander McQueen, Balenciaga, Burberry, Bottega Veneta, Calvin Klein, Cavalli, Chloe, Davidoff, Escada, Gucci, Hugo Boss, Jil Sander, Joop!, Lacoste, Lancaster, Marc Jacobs, Miu Miu, philosophy, Stella McCartney, and Tiffany & Co brands.

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