Choreo LLC grew its stake in Colgate-Palmolive (NYSE:CL – Free Report) by 200.8% within the second quarter, in line with the corporate in its most up-to-date Type 13F submitting with the Securities and Alternate Fee. The fund owned 22,489 shares of the corporate’s inventory after shopping for an extra 15,013 shares in the course of the interval. Choreo LLC’s holdings in Colgate-Palmolive had been value $2,153,000 on the finish of the newest quarter.
A number of different institutional traders and hedge funds have additionally made modifications to their positions in CL. Gryphon Monetary Companions LLC bought a brand new place in Colgate-Palmolive in the course of the 4th quarter value roughly $225,000. Principal Securities Inc. bought a brand new place in shares of Colgate-Palmolive in the course of the fourth quarter value $366,000. QRG Capital Administration Inc. lifted its place in Colgate-Palmolive by 5.8% in the course of the fourth quarter. QRG Capital Administration Inc. now owns 46,633 shares of the corporate’s inventory valued at $3,717,000 after buying an extra 2,540 shares in the course of the interval. Dimensional Fund Advisors LP boosted its holdings in Colgate-Palmolive by 1.1% within the fourth quarter. Dimensional Fund Advisors LP now owns 2,793,195 shares of the corporate’s inventory valued at $222,637,000 after buying an extra 30,979 shares over the past quarter. Lastly, Envestnet Portfolio Options Inc. grew its place in Colgate-Palmolive by 16.1% in the course of the 4th quarter. Envestnet Portfolio Options Inc. now owns 18,637 shares of the corporate’s inventory value $1,486,000 after buying an extra 2,582 shares in the course of the interval. 80.41% of the inventory is presently owned by institutional traders and hedge funds.
Analyst Rankings Adjustments
Quite a few analysts have just lately commented on CL shares. BNP Paribas assumed protection on Colgate-Palmolive in a analysis notice on Monday, June twenty fourth. They issued an “outperform” score and a $109.00 goal worth on the inventory. Morgan Stanley raised their worth goal on shares of Colgate-Palmolive from $103.00 to $111.00 and gave the inventory an “chubby” score in a analysis notice on Monday, July twenty ninth. Wells Fargo & Firm boosted their goal worth on shares of Colgate-Palmolive from $92.00 to $97.00 and gave the corporate an “equal weight” score in a analysis notice on Wednesday, July tenth. Sanford C. Bernstein raised their worth goal on shares of Colgate-Palmolive from $100.00 to $103.00 and gave the corporate a “market carry out” score in a analysis report on Tuesday, July thirtieth. Lastly, Hsbc World Res downgraded shares of Colgate-Palmolive from a “strong-buy” score to a “maintain” score in a analysis report on Friday, July twenty sixth. 9 funding analysts have rated the inventory with a maintain score and 13 have issued a purchase score to the corporate. In accordance with MarketBeat, Colgate-Palmolive presently has a consensus score of “Reasonable Purchase” and a median goal worth of $102.63.
Examine Out Our Newest Report on Colgate-Palmolive
Insider Exercise
In different Colgate-Palmolive information, EVP Gregory Malcolm offered 10,533 shares of Colgate-Palmolive inventory in a transaction dated Tuesday, August sixth. The shares had been offered at a median worth of $103.10, for a complete transaction of $1,085,952.30. Following the transaction, the manager vice chairman now instantly owns 10,377 shares of the corporate’s inventory, valued at $1,069,868.70. The sale was disclosed in a authorized submitting with the Securities & Alternate Fee, which is accessible via the SEC web site. In different Colgate-Palmolive information, EVP Gregory Malcolm offered 10,533 shares of the agency’s inventory in a transaction on Tuesday, August sixth. The inventory was offered at a median worth of $103.10, for a complete transaction of $1,085,952.30. Following the completion of the sale, the manager vice chairman now owns 10,377 shares of the corporate’s inventory, valued at $1,069,868.70. The transaction was disclosed in a authorized submitting with the SEC, which is accessible via this hyperlink. Additionally, Director Martina Hundmejean offered 2,313 shares of the corporate’s inventory in a transaction on Friday, August twenty third. The shares had been offered at a median worth of $103.86, for a complete worth of $240,228.18. Following the completion of the transaction, the director now instantly owns 11,755 shares within the firm, valued at roughly $1,220,874.30. The disclosure for this sale might be discovered right here. Within the final quarter, insiders have offered 43,490 shares of firm inventory valued at $4,486,063. 0.34% of the inventory is presently owned by insiders.
Colgate-Palmolive Inventory Efficiency
CL opened at $106.84 on Wednesday. Colgate-Palmolive has a twelve month low of $67.62 and a twelve month excessive of $109.30. The agency has a market capitalization of $87.30 billion, a PE ratio of 33.81, a PEG ratio of three.78 and a beta of 0.40. The corporate has a present ratio of 1.06, a fast ratio of 0.70 and a debt-to-equity ratio of 16.90. The agency’s 50-day transferring common worth is $101.52 and its 200 day transferring common worth is $94.88.
Colgate-Palmolive (NYSE:CL – Get Free Report) final issued its earnings outcomes on Friday, July twenty sixth. The corporate reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.04. Colgate-Palmolive had a return on fairness of 470.19% and a internet margin of 14.21%. The enterprise had income of $5.06 billion for the quarter, in comparison with analysts’ expectations of $5 billion. Throughout the identical interval within the earlier 12 months, the agency posted $0.77 EPS. The enterprise’s income for the quarter was up 4.9% in comparison with the identical quarter final 12 months. As a gaggle, sell-side analysts count on that Colgate-Palmolive will publish 3.57 EPS for the present fiscal 12 months.
Colgate-Palmolive Dividend Announcement
The enterprise additionally just lately declared a quarterly dividend, which was paid on Thursday, August fifteenth. Stockholders of file on Friday, July nineteenth had been issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, July nineteenth. This represents a $2.00 annualized dividend and a dividend yield of 1.87%. Colgate-Palmolive’s dividend payout ratio is presently 63.29%.
Colgate-Palmolive Profile
Colgate-Palmolive Firm, along with its subsidiaries, manufactures and sells client merchandise in the US and internationally. It operates via two segments: Oral, Private and House Care; and Pet Vitamin. The Oral, Private and House Care section affords toothpaste, toothbrushes, mouthwash, bar and liquid hand soaps, bathe gels, shampoos, conditioners, deodorants and antiperspirants, pores and skin well being merchandise, dishwashing detergents, material conditioners, family cleaners, and different associated objects.
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