Coty Inc. (COTY) on Focus After Crashing In Today’s Session

Coty Inc. (NYSE:COTY) Logo

Investors sentiment decreased to 1.05 in Q1 2019. Its down 0.54, from 1.59 in 2018Q4. It dropped, as 40 investors sold Coty Inc. shares while 104 reduced holdings. 59 funds opened positions while 92 raised stakes. 542.20 million shares or 11.59% more from 485.89 million shares in 2018Q4 were reported.
Dekabank Deutsche Girozentrale owns 205,440 shares for 0.02% of their portfolio. Mariner Limited Company stated it has 27,662 shares or 0% of all its holdings. Quantres Asset Mgmt has 0.13% invested in Coty Inc. (NYSE:COTY). Fmr Limited Liability Corp owns 0.08% invested in Coty Inc. (NYSE:COTY) for 59.47M shares. 14.25M were accumulated by Comml Bank Of America Corporation De. Great West Life Assurance Com Can reported 447,008 shares stake. Meeder Asset Management holds 0% or 1,241 shares. Gargoyle Invest Advisor Ltd Liability has invested 1.36% in Coty Inc. (NYSE:COTY). 29,853 were reported by Gardner Russo Gardner Lc. Strs Ohio holds 0% of its portfolio in Coty Inc. (NYSE:COTY) for 83,870 shares. Friess Associate Ltd holds 1.3% of its portfolio in Coty Inc. (NYSE:COTY) for 1.54 million shares. Mason Street Advsr Limited Liability Com accumulated 64,306 shares. Wells Fargo Mn, a California-based fund reported 924,427 shares. Contrarius Invest Mngmt Limited stated it has 0.25% of its portfolio in Coty Inc. (NYSE:COTY). State Of Tennessee Treasury Department reported 112,787 shares stake.

Since May 29, 2019, it had 1 insider purchase, and 0 insider sales for $12.40 million activity.

The stock of Coty Inc. (NYSE:COTY) is a huge mover today! The stock decreased 5.56% or $0.53 during the last trading session, reaching $9.01. About 6.55M shares traded or 4.11% up from the average. Coty Inc. (NYSE:COTY) has declined 19.19% since August 15, 2018 and is downtrending. It has underperformed by 19.19% the S&P500.
The move comes after 7 months negative chart setup for the $6.77B company. It was reported on Aug, 15 by Barchart.com. We have $8.20 PT which if reached, will make NYSE:COTY worth $609.30M less.

Analysts await Coty Inc. (NYSE:COTY) to report earnings on August, 20. They expect $0.16 earnings per share, up 14.29 % or $0.02 from last year’s $0.14 per share. COTY’s profit will be $120.22M for 14.08 P/E if the $0.16 EPS becomes a reality. After $0.13 actual earnings per share reported by Coty Inc. for the previous quarter, Wall Street now forecasts 23.08 % EPS growth.

Coty Inc. (NYSE:COTY) Ratings Coverage

Among 3 analysts covering Coty Inc (NYSE:COTY), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Coty Inc has $1700 highest and $1000 lowest target. $12.50’s average target is 38.73% above currents $9.01 stock price. Coty Inc had 8 analyst reports since March 5, 2019 according to SRatingsIntel. Citigroup downgraded the stock to “Neutral” rating in Tuesday, April 2 report. The firm has “Neutral” rating by DA Davidson given on Tuesday, July 2. The rating was maintained by Wells Fargo with “Market Perform” on Tuesday, April 16.

More notable recent Coty Inc. (NYSE:COTY) news were published by: Investorplace.com which released: “7 S&P 500 Dividend Stocks to Buy With Yields of at Least 3% – Investorplace.com” on August 12, 2019, also Seekingalpha.com with their article: “Coty sets turnaround plan – Seeking Alpha” published on July 01, 2019, Finance.Yahoo.com published: “Why Coty Stock Lost 19% in July – Yahoo Finance” on August 05, 2019. More interesting news about Coty Inc. (NYSE:COTY) were released by: Benzinga.com and their article: “Q2 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios – Benzinga” published on August 15, 2019 as well as Finance.Yahoo.com‘s news article titled: “Is Coty Inc (COTY) A Good Stock To Buy? – Yahoo Finance” with publication date: June 20, 2019.

Coty Inc., together with its subsidiaries, makes, markets, sells, and distributes beauty products worldwide. The company has market cap of $6.77 billion. It operates in three divisions: Consumer Beauty, Luxury, and Professional Beauty. It currently has negative earnings. The Consumer Beauty segment offers color cosmetics, retail hair coloring and styling products, body care products, and mass fragrances primarily through hypermarkets, supermarkets, drug stores and pharmacies, mid-tier department stores, and traditional food and drug retailers, as well as own branded e-commerce and direct to consumer Websites.

Coty Inc. (NYSE:COTY) Institutional Positions Chart

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