Compass Wealth Management LLC Trims Stock Holdings in Coty Inc. (NYSE:COTY)

Compass Wealth Management LLC trimmed its holdings in Coty Inc. (NYSE:COTY) by 20.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 467,875 shares of the company’s stock after selling 122,850 shares during the quarter. Compass Wealth Management LLC owned 0.05% of Coty worth $3,256,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. State Street Corp raised its position in shares of Coty by 2.3% in the third quarter. State Street Corp now owns 11,043,208 shares of the company’s stock valued at $103,696,000 after buying an additional 251,964 shares during the last quarter. Barclays PLC increased its position in shares of Coty by 147.1% during the third quarter. Barclays PLC now owns 1,165,806 shares of the company’s stock valued at $10,947,000 after acquiring an additional 693,961 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Coty by 16.8% in the third quarter. JPMorgan Chase & Co. now owns 743,445 shares of the company’s stock valued at $6,981,000 after buying an additional 107,014 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in Coty during the third quarter worth about $3,681,000. Finally, Thrivent Financial for Lutherans raised its position 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 purchasing an additional 656,952 shares in the last quarter. 42.36% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

COTY has been the subject of a number of research analyst reports. Stifel Nicolaus decreased their target price on Coty from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Tuesday, October 15th. Deutsche Bank Aktiengesellschaft dropped their price target on Coty from $14.00 to $12.00 and set a “buy” rating for the company in a research report on Wednesday, October 16th. Raymond James dropped their target price on shares of Coty from $13.00 to $11.00 and set an “outperform” rating for the company in a research report on Friday, November 8th. Barclays decreased their price objective on shares of Coty from $7.00 to $6.00 and set an “underweight” rating for the company in a report on Friday, January 17th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $14.00 target price on shares of Coty in a research note on Tuesday, October 15th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, Coty has a consensus rating of “Moderate Buy” and a consensus price target of $11.24.

Coty Stock Up 0.6 %

COTY stock opened at $7.45 on Friday. The stock has a fifty day moving average of $7.20 and a 200-day moving average of $8.35. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.55 and a current ratio of 0.85. Coty Inc. has a fifty-two week low of $6.59 and a fifty-two week high of $13.30. The company has a market capitalization of $6.48 billion, a price-to-earnings ratio of 43.79, a PEG ratio of 0.74 and a beta of 1.89.

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