As Colgate (CL) Shares Rose, Holder United Capital Financial Advisers LLC Has Trimmed Holding by $8.94 Million

December 7, 2017 - By Ellis Scott

Investors sentiment increased to 0.9 in 2017 Q2. Its up 0.08, from 0.82 in 2017Q1. It increased, 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. Seaward Mngmt Limited Partnership reported 178,667 shares stake. Umb Bancorporation N A Mo invested in 38,281 shares. Badgley Phelps Bell reported 109,723 shares. Atlanta Capital Gru owns 8,582 shares. The North Carolina-based Salem Investment Counselors has invested 1.02% in Colgate-Palmolive Company (NYSE:CL). Bkd Wealth Ltd Liability Com reported 41,874 shares. Crestwood Advisors Group Ltd Com invested 1.34% in Colgate-Palmolive Company (NYSE:CL). Axa reported 0.28% stake. Middleton Ma has 1.26% invested in Colgate-Palmolive Company (NYSE:CL) for 79,759 shares. 26,762 were accumulated by Aristotle Cap Llc. Intrust Financial Bank Na invested in 5,149 shares or 0.13% of the stock. Jag Cap Management Ltd Liability Corporation accumulated 29,123 shares or 0.43% of the stock. Benjamin F Edwards And has 0.12% invested in Colgate-Palmolive Company (NYSE:CL). Barrett Asset Management Limited Liability Corp holds 0.08% or 13,699 shares in its portfolio. Rosenbaum Jay D has invested 0.44% of its portfolio in Colgate-Palmolive Company (NYSE:CL).

Since June 15, 2017, it had 0 insider purchases, and 2 insider sales for $1.35 million activity. Another trade for 14,000 shares valued at $1.06 million was made by Marsili Daniel B on Thursday, June 15.

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 3.70M 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 $9.56B and $11.17 billion US Long portfolio, upped its stake in Pimco Enhanced Short Maturity Active Etf (MINT) by 137,535 shares to 881,862 shares, valued at $89.70 million in 2017Q2, according to the filing. It also increased its holding in Hertz Rental Car Holding Co Inc by 438,574 shares in the quarter, for a total of 454,370 shares, and has risen its stake in Deutsche X (DBEF).

Analysts await Colgate-Palmolive Company (NYSE:CL) to report earnings on January, 26. They expect $0.75 earnings per share, 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 earnings per share 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: Bloomberg.com, which released: “Colgate-Palmolive Settles Claims Over Asbestos in Its Talc” on November 10, 2017. Seekingalpha.com‘s article titled: “Who Might Acquire Colgate-Palmolive?” and published on November 14, 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. RBC Capital Markets maintained Colgate-Palmolive Company (NYSE:CL) on Friday, March 24 with “Hold” rating. On Friday, July 29 the stock rating was downgraded by BNP Paribas to “Neutral”. The rating was maintained by KeyBanc Capital Markets with “Hold” on Wednesday, August 23. The firm earned “Hold” rating on Monday, October 16 by KeyBanc Capital Markets. The company was maintained on Monday, November 2 by Deutsche Bank. As per Tuesday, October 31, the company rating was maintained by Morgan Stanley. On Tuesday, May 30 the stock rating was maintained by Jefferies with “Hold”. The firm has “Hold” rating by RBC Capital Markets given on Friday, May 26. Bank of America upgraded the shares of CL in report on Monday, September 12 to “Buy” rating. On Friday, September 9 the stock rating was initiated by KeyBanc Capital Markets with “Sector Weight”.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.