NBC Securities Inc. elevated its holdings in shares of Colgate-Palmolive (NYSE:CL – Free Report) by 49.3% in the course of the third quarter, HoldingsChannel studies. The fund owned 5,463 shares of the corporate’s inventory after shopping for a further 1,804 shares in the course of the interval. NBC Securities Inc.’s holdings in Colgate-Palmolive have been value $567,000 on the finish of the newest reporting interval.
Different hedge funds additionally lately added to or lowered their stakes within the firm. E Fund Administration Hong Kong Co. Ltd. bought a brand new place in shares of Colgate-Palmolive within the 2nd quarter value $25,000. Continuum Advisory LLC grew its stake in Colgate-Palmolive by 46.5% within the second quarter. Continuum Advisory LLC now owns 394 shares of the corporate’s inventory value $38,000 after buying a further 125 shares within the final quarter. Register Monetary Advisors LLC purchased a brand new stake in shares of Colgate-Palmolive within the 1st quarter valued at roughly $48,000. Gradient Investments LLC raised its holdings in shares of Colgate-Palmolive by 150.4% in the course of the second quarter. Gradient Investments LLC now owns 666 shares of the corporate’s inventory value $65,000 after buying a further 400 shares in the course of the interval. Lastly, Monetary Connections Group Inc. purchased a brand new place in Colgate-Palmolive within the second quarter value about $68,000. 80.41% of the inventory is owned by hedge funds and different institutional traders.
Insider Exercise
In different Colgate-Palmolive information, insider Sally Massey bought 15,850 shares of Colgate-Palmolive inventory in a transaction on Tuesday, August sixth. The shares have been bought at a median worth of $103.28, for a complete transaction of $1,636,988.00. Following the completion of the transaction, the insider now immediately owns 13,942 shares of the corporate’s inventory, valued at $1,439,929.76. The commerce was a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a doc filed with the SEC, which is accessible by this hyperlink. In different Colgate-Palmolive information, insider Sally Massey bought 15,850 shares of the inventory in a transaction on Tuesday, August sixth. The inventory was bought at a median worth of $103.28, for a complete transaction of $1,636,988.00. Following the transaction, the insider now owns 13,942 shares within the firm, valued at $1,439,929.76. This commerce represents a 0.00 % lower of their place. The transaction was disclosed in a submitting with the Securities & Alternate Fee, which is accessible at this hyperlink. Additionally, insider Panagiotis Tsourapas bought 14,794 shares of the enterprise’s inventory in a transaction dated Thursday, August eighth. The shares have been bought at a median worth of $102.94, for a complete transaction of $1,522,894.36. Following the completion of the sale, the insider now immediately owns 5,146 shares of the corporate’s inventory, valued at roughly $529,729.24. The commerce was a 0.00 % lower of their place. The disclosure for this sale may be discovered right here. Insiders bought a complete of 43,490 shares of firm inventory valued at $4,486,063 during the last three months. Insiders personal 0.34% of the corporate’s inventory.
Colgate-Palmolive Worth Efficiency
Shares of CL opened at $100.53 on Friday. Colgate-Palmolive has a twelve month low of $71.46 and a twelve month excessive of $109.30. The corporate has a 50 day transferring common of $103.46 and a 200-day transferring common of $97.46. The inventory has a market capitalization of $82.47 billion, a P/E ratio of 31.81, a P/E/G ratio of three.54 and a beta of 0.40. The corporate has a fast ratio of 0.70, a present ratio of 1.06 and a debt-to-equity ratio of 16.90.
Colgate-Palmolive (NYSE:CL – Get Free Report) final posted its quarterly earnings outcomes on Friday, July twenty sixth. The corporate reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. Colgate-Palmolive had a return on fairness of 470.19% and a internet margin of 14.21%. The agency had income of $5.06 billion in the course of the quarter, in comparison with the consensus estimate of $5 billion. Throughout the identical interval final 12 months, the corporate earned $0.77 earnings per share. The enterprise’s income was up 4.9% in comparison with the identical quarter final 12 months. As a bunch, equities analysis analysts forecast that Colgate-Palmolive will submit 3.57 EPS for the present fiscal 12 months.
Colgate-Palmolive Proclaims Dividend
The agency additionally lately declared a quarterly dividend, which will likely be paid on Friday, November fifteenth. Shareholders of document on Friday, October 18th will likely be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized foundation and a yield of 1.99%. The ex-dividend date is Friday, October 18th. Colgate-Palmolive’s dividend payout ratio (DPR) is presently 63.29%.
Wall Road Analyst Weigh In
CL has been the topic of a number of analyst studies. Evercore ISI boosted their worth goal on shares of Colgate-Palmolive from $100.00 to $106.00 and gave the corporate an “outperform” ranking in a report on Thursday, July 18th. Financial institution of America upped their worth goal on shares of Colgate-Palmolive from $100.00 to $110.00 and gave the corporate a “purchase” ranking in a analysis notice on Wednesday, July tenth. TD Cowen lifted their worth goal on Colgate-Palmolive from $110.00 to $115.00 and gave the corporate a “purchase” ranking in a report on Tuesday, July thirtieth. BNP Paribas began protection on shares of Colgate-Palmolive in a report on Monday, June twenty fourth. They set an “outperform” ranking and a $109.00 worth goal on the inventory. Lastly, Hsbc World Res lower shares of Colgate-Palmolive from a “strong-buy” ranking to a “maintain” ranking in a analysis notice on Friday, July twenty sixth. One analyst has rated the inventory with a promote ranking, eight have issued a maintain ranking and fourteen have assigned a purchase ranking to the corporate. Primarily based on information from MarketBeat.com, Colgate-Palmolive at the moment has a consensus ranking of “Average Purchase” and a consensus goal worth of $106.00.
Examine Out Our Newest Inventory Evaluation on CL
About Colgate-Palmolive
Colgate-Palmolive Firm, along with its subsidiaries, manufactures and sells client merchandise in america and internationally. It operates by two segments: Oral, Private and Dwelling Care; and Pet Diet. The Oral, Private and Dwelling Care phase presents toothpaste, toothbrushes, mouthwash, bar and liquid hand soaps, bathe gels, shampoos, conditioners, deodorants and antiperspirants, pores and skin well being merchandise, dishwashing detergents, cloth conditioners, family cleaners, and different associated gadgets.
See Additionally
Wish to see what different hedge funds are holding CL? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Colgate-Palmolive (NYSE:CL – Free Report).
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