Coty Inc. (NYSE:COTY) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC boosted its stake in Coty Inc. (NYSE:COTY) by 30.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,388,226 shares of the company’s stock after acquiring an additional 321,221 shares during the quarter. Natixis Advisors LLC’s holdings in Coty were worth $13,036,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of COTY. EntryPoint Capital LLC increased its stake in shares of Coty by 260.4% during the first quarter. EntryPoint Capital LLC now owns 11,652 shares of the company’s stock valued at $139,000 after acquiring an additional 8,419 shares during the period. Dynasty Wealth Management LLC acquired a new stake in shares of Coty in the first quarter valued at $423,000. Tidal Investments LLC boosted its stake in Coty by 327.9% during the first quarter. Tidal Investments LLC now owns 135,474 shares of the company’s stock valued at $1,620,000 after buying an additional 103,811 shares in the last quarter. Quent Capital LLC grew its holdings in Coty by 1,448.8% during the second quarter. Quent Capital LLC now owns 5,142 shares of the company’s stock worth $52,000 after acquiring an additional 4,810 shares during the period. Finally, Fulton Bank N.A. grew its holdings in Coty by 23.8% during the second quarter. Fulton Bank N.A. now owns 22,578 shares of the company’s stock worth $226,000 after acquiring an additional 4,340 shares during the period. Institutional investors and hedge funds own 42.36% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on COTY shares. Citigroup lowered their price objective on shares of Coty from $10.50 to $10.00 and set a “neutral” rating on the stock in a research note on Monday, October 14th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Coty from $14.00 to $12.00 and set a “buy” rating on the stock in a research report on Wednesday, October 16th. JPMorgan Chase & Co. cut their price objective on Coty from $11.00 to $10.00 and set a “neutral” rating for the company in a research report on Tuesday, October 15th. Jefferies Financial Group reduced their price objective on Coty from $12.00 to $11.00 and set a “buy” rating for the company in a research note on Wednesday, October 16th. Finally, Barclays downgraded Coty from an “equal weight” rating to an “underweight” rating and reduced their target price for the company from $8.00 to $7.00 in a report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, Coty has an average rating of “Moderate Buy” and a consensus target price of $11.56.

Coty Stock Up 0.6 %

COTY stock opened at $7.14 on Thursday. The company has a 50 day moving average of $8.31 and a two-hundred day moving average of $9.37. The company has a quick ratio of 0.55, a current ratio of 0.85 and a debt-to-equity ratio of 0.93. Coty Inc. has a 12-month low of $6.93 and a 12-month high of $13.30. The company has a market cap of $6.21 billion, a price-to-earnings ratio of 41.97, a PEG ratio of 0.71 and a beta of 1.91.

Coty (NYSE:COTY) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.04). Coty had a return on equity of 9.16% and a net margin of 2.78%. The firm had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.67 billion. During the same quarter in the prior year, the business posted $0.09 earnings per share. Coty’s revenue was up 1.8% on a year-over-year basis. On average, equities analysts anticipate that Coty Inc. will post 0.51 earnings per share for the current fiscal 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.