Colgate (CL) Stock Rose While United Capital Financial Advisers LLC Trimmed Its Stake

December 7, 2017 - By Henry Gaston

Investors sentiment increased to 0.9 in 2017 Q2. Its up 0.08, from 0.82 in 2017Q1. It improved, as 47 investors sold CL shares while 453 reduced holdings. 92 funds opened positions while 359 raised stakes. 617.46 million shares or 0.79% less from 622.36 million shares in 2017Q1 were reported. Burney has invested 0.02% of its portfolio in Colgate-Palmolive Company (NYSE:CL). Northeast Invest invested in 0.55% or 82,136 shares. Chicago Equity Ptnrs Ltd Limited Liability Company has invested 0.26% in Colgate-Palmolive Company (NYSE:CL). Omers Administration reported 0.03% stake. Martin Investment Mgmt Ltd Com invested 3.04% of its portfolio in Colgate-Palmolive Company (NYSE:CL). Commonwealth National Bank Of Aus stated it has 0.42% in Colgate-Palmolive Company (NYSE:CL). Sandy Spring Financial Bank invested in 0.25% or 33,509 shares. Burke Herbert Bancshares Trust accumulated 7,020 shares. The Michigan-based Blue Chip Prtnrs has invested 0.05% in Colgate-Palmolive Company (NYSE:CL). Drexel Morgan And Com accumulated 1.76% or 23,107 shares. Noesis Cap Mangement has 0.13% invested in Colgate-Palmolive Company (NYSE:CL). Etrade Mngmt Ltd has invested 0.09% in Colgate-Palmolive Company (NYSE:CL). Tocqueville Asset Mgmt Lp reported 479,986 shares. Modera Wealth Mgmt Ltd Liability reported 0.08% of its portfolio in Colgate-Palmolive Company (NYSE:CL). 4,035 are held by Schaper Benz And Wise Invest Counsel Wi.

Since June 15, 2017, it had 0 insider buys, and 2 sales for $1.35 million activity. On Thursday, June 15 Verduin Patricia sold $290,045 worth of Colgate-Palmolive Company (NYSE:CL) or 3,833 shares.

United Capital Financial Advisers Llc decreased its stake in Colgate (CL) by 20.89% based on its latest 2017Q2 regulatory filing with the SEC. United Capital Financial Advisers Llc sold 120,746 shares as the company’s stock rose 3.95% with the market. The institutional investor held 457,382 shares of the package goods and cosmetics company at the end of 2017Q2, valued at $33.91M, down from 578,128 at the end of the previous reported quarter. United Capital Financial Advisers Llc who had been investing in Colgate for a number of months, seems to be less bullish one the $64.28B market cap company. The stock decreased 1.41% or $1.05 during the last trading session, reaching $73.2. About 3.70 million shares traded or 10.50% up from the average. Colgate-Palmolive Company (NYSE:CL) has risen 6.23% since December 7, 2016 and is uptrending. It has underperformed by 10.47% the S&P500.

United Capital Financial Advisers Llc, which manages about $9.56 billion and $11.17 billion US Long portfolio, upped its stake in Powershares S&P 500 Low Volatility Etf (SPLV) by 160,238 shares to 206,132 shares, valued at $9.22M in 2017Q2, according to the filing. It also increased its holding in Ball Corp (NYSE:BLL) by 204,975 shares in the quarter, for a total of 412,809 shares, and has risen its stake in Guggenheim Bulletshrs 2018 Hy Corpbd Etf (BSJI).

Analysts await Colgate-Palmolive Company (NYSE:CL) to report earnings on January, 26. They expect $0.75 EPS, 0.00 % or $0.00 from last year’s $0.75 per share. CL’s profit will be $658.58 million for 24.40 P/E if the $0.75 EPS becomes a reality. After $0.73 actual EPS reported by Colgate-Palmolive Company for the previous quarter, Wall Street now forecasts 2.74 % EPS growth.

More news for Colgate-Palmolive Company (NYSE:CL) were recently published by: Seekingalpha.com, which released: “Who Might Acquire Colgate-Palmolive?” on November 14, 2017. Bloomberg.com‘s article titled: “Colgate-Palmolive Settles Claims Over Asbestos in Its Talc” and published on November 10, 2017 is yet another important article.

Colgate-Palmolive Company (NYSE:CL) Ratings Coverage

Among 25 analysts covering Colgate-Palmolive (NYSE:CL), 5 have Buy rating, 1 Sell and 19 Hold. Therefore 20% are positive. Colgate-Palmolive had 60 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Colgate-Palmolive Company (NYSE:CL) earned “Hold” rating by Jefferies on Friday, July 21. The rating was maintained by UBS with “Neutral” on Friday, July 31. The firm earned “Buy” rating on Wednesday, October 11 by SunTrust. The company was maintained on Thursday, November 2 by Citigroup. As per Friday, October 28, the company rating was maintained by UBS. RBC Capital Markets maintained the stock with “Hold” rating in Friday, October 6 report. The stock of Colgate-Palmolive Company (NYSE:CL) has “Neutral” rating given on Monday, May 2 by Goldman Sachs. The rating was maintained by Jefferies on Tuesday, May 30 with “Hold”. The rating was maintained by B. Riley & Co on Friday, October 28 with “Neutral”. The stock of Colgate-Palmolive Company (NYSE:CL) earned “Neutral” rating by UBS on Friday, April 29.

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