Coty Inc. (COTY) Stock Price Declines Today

Coty Inc. (NYSE:COTY) Logo

Investors sentiment decreased to 1.05 in 2019 Q1. Its down 0.54, from 1.59 in 2018Q4. It is negative, 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.
Earnest Prns Ltd Llc accumulated 236 shares or 0% of the stock. Citigroup Incorporated has invested 0.03% in Coty Inc. (NYSE:COTY). State Street owns 22.94M shares. Yorktown And holds 0.06% in Coty Inc. (NYSE:COTY) or 16,200 shares. Columbia Asset Mngmt invested in 0.03% or 10,305 shares. Ruffer Llp accumulated 45,000 shares. Pub Employees Retirement Association Of Colorado holds 0.01% of its portfolio in Coty Inc. (NYSE:COTY) for 72,513 shares. Principal Grp reported 664,664 shares. Vanguard Group holds 50.58 million shares or 0.02% of its portfolio. Swiss National Bank & Trust has 0.02% invested in Coty Inc. (NYSE:COTY) for 1.63M shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh invested in 22,255 shares or 0.02% of the stock. Ww Asset Mgmt has 28,362 shares for 0.02% of their portfolio. Arrowmark Colorado Limited Co reported 0.06% in Coty Inc. (NYSE:COTY). 59.47M were accumulated by Fmr Ltd Liability Corporation. Paloma Prtnrs Management has invested 0.03% in Coty Inc. (NYSE:COTY).

Since May 29, 2019, it had 1 insider buy, and 0 selling transactions 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 $120.22 million 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 Coty Inc. (NYSE:COTY) rating on Tuesday, April 2. Citigroup has “Neutral” rating and $12 target. The rating was maintained by DA Davidson with “Neutral” on Tuesday, July 2. The rating was maintained by Wells Fargo on Tuesday, April 16 with “Market Perform”.

More notable recent Coty Inc. (NYSE:COTY) news were published by: Finance.Yahoo.com which released: “US Stock Markets Advance Tuesday – Yahoo Finance” on August 14, 2019, also Investorplace.com with their article: “7 S&P 500 Dividend Stocks to Buy With Yields of at Least 3% – Investorplace.com” published on August 12, 2019, Finance.Yahoo.com published: “Is Coty Inc (COTY) A Good Stock To Buy? – Yahoo Finance” on June 20, 2019. More interesting news about Coty Inc. (NYSE:COTY) were released by: Streetinsider.com and their article: “Coty (COTY) Said Considering Divestitures as Part of Turnaround, Looks to Shed $500M-$1B in Assets – WWD – StreetInsider.com” published on July 30, 2019 as well as Finance.Yahoo.com‘s news article titled: “Why Coty Stock Lost 19% in July – Yahoo Finance” with publication date: August 05, 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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