Colgate-Palmolive Company (NYSE:CL) Holding Above The Trend Line

Lloyd Doyle
September 26, 2017

Oppenheimer Asset Management Inc sold 19,531 shares as Visa Inc (V)'s stock rose 5.74%. The Stewart & Patten Co Llc holds 110,289 shares with $8.18M value, up from 89,706 last quarter. Visa Inc now has $241.39 billion valuation. The stock increased 2.05% or $0.06 on September 22, reaching $2.99. Hanson Mcclain accumulated 6,159 shares or 0.04% of the stock. It is down 207.14% since September 24, 2016 and is uptrending. It has outperformed by 5.93% the S&P500. Three months ago, analysts assigned CL a 3.31 rating, which implies that analysts largely still feel the same about the outlook for the stock over the next year.

The market experts are predicting a 26.42% rally, based on the high target price ($90) for Colgate-Palmolive Company shares that is likely to be hit in the 52 weeks. The institutional investor held 1.89 million shares of the public utilities company at the end of 2017Q2, valued at $33.28 million, up from 1.86M at the end of the previous reported quarter. The stock rose 0.58% or $0.42 reaching $73.42. Colgate-Palmolive Company (NYSE:CL) is -0.51% below its 200-day moving average, providing a measure of resistance for long positions. It has underperformed by 10.47% the S&P500.

Among 32 analysts covering Visa Inc. The average investment rating for CL on a scale of 1 to 5 (1 being a strong sell and 5 being a strong buy) is a 3.31 or a Hold. Therefore 80% are positive. EnLink Midstream LLC had 48 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Monday, January 30 by Stifel Nicolaus. The company was maintained on Wednesday, July 19 by Wedbush. H.C. Wainwright initiated Antares Pharma Inc (NASDAQ:ATRS) rating on Friday, June 23. The firm has "Buy" rating given on Thursday, July 20 by Piper Jaffray. The firm has "Neutral" rating given on Friday, October 28 by B. Riley & Co. The company was maintained on Tuesday, September 5 by RBC Capital Markets. H.C. Wainwright has "Buy" rating and $500 target. As per Monday, September 12, the company rating was upgraded by Bank of America. Scopus Asset Management L.P. acquired a new stake in Colgate-Palmolive during the first quarter valued at $25,617,000. Cue Fincl Group Incorporated owns 4,854 shares for 0.26% of their portfolio. Union Pac Corp (NYSE:UNP) was raised too. Its up 0.09, from 1.04 in 2017Q1. Omers Administration Corporation invested in 29,561 shares.

The Gross Margin Score is calculated by looking at the Gross Margin and the overall stability of the company over the course of 8 years. Profund Advisors Ltd Com accumulated 53,295 shares. Endurance Wealth Mngmt reported 39,106 shares. M&T State Bank has 130,000 shares for 0% of their portfolio. Court Place Advisors Limited Liability holds 42,017 shares. Jefferies Grp Lc owns 47,358 shares for 0.03% of their portfolio. Caxton Assocs LP holds 0.06% or 125,000 shares in its portfolio. Wills Fin Grp Inc owns 19,534 shares for 1.36% of their portfolio.

Analysts await Bank of N.T. Butterfield & Son Ltd (NYSE:NTB) to report earnings on October, 24. MA ended last trade at $57.57 a share and the price is up more than 0.16% so far this year.

Volatility on a weekly basis sums at 1.21% * together with the monthly volatility of 1.07% *. Highbridge Capital Management LLC grew its position in Colgate-Palmolive by 1,247.0% during the first quarter. The company has market cap of $64.28 billion. It also reduced Aflac Inc.


Investors sentiment increased to 0.9 in 2017 Q2. Its up 0.08, from 0.82 in 2017Q1. Fifth Third National Bank & Trust holds 0.09% or 169,316 shares in its portfolio. 92 funds opened positions while 359 raised stakes. Days to cover decreased from 3.0 to 2.0 and the percentage of shorted shares is 0.01% as of August 31.

Colgate-Palmolive Company (Colgate) is a consumer products company. Tarbox Family Office holds 579 shares. Everett Harris & Co Ca reported 2.62% of its portfolio in Colgate-Palmolive Company (NYSE:CL). Argi Svcs Limited Company holds 15,977 shares. Waldron Limited Partnership stated it has 2,731 shares or 0.06% of all its holdings. Its down 36.59% from 7.58M shares, reported previously.

Since May 8, 2017, it had 0 insider purchases, and 6 insider sales for $5.64 million activity. KOGAN RICHARD J sold $575,350 worth of stock. Citigroup maintained Colgate-Palmolive Company (NYSE:CL) rating on Thursday, April 14. 14,000 shares valued at $1.06 million were sold by Marsili Daniel B on Thursday, June 15. Armistice Capital Llc sold 3.00M shares as the company's stock 0.00%. Therefore 14% are positive. Wells Fargo & Company restated a market perform rating on shares of Colgate-Palmolive in a research note on Monday, July 24th. Jefferies maintained it with "Hold" rating and $7600 target in Tuesday, May 30 report. The firm earned "Neutral" rating on Friday, July 31 by UBS. Taurus Asset Ltd Company holds 2.11% or 181,295 shares.

The weekly performance of Colgate-Palmolive Company is -1.51%, presenting a monthly performance value of -0.04% with the quarterly performance value of -6.23%.

Another recent and important Colgate-Palmolive Company (NYSE:CL) news was published by Seekingalpha.com which published an article titled: "Colgate-Palmolive: Sustaining The Dividend, For Now" on September 17, 2017.

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