Economy

A Fresh Look At Colgate-Palmolive Co. (NYSE:CL)

(PLD) price hitting a mean target of $15.46 a share, meaning the stock still has potential that could drag the price another -75.73% Also, the recent close suggests the stock is underpriced by 9.91% compared to the most bullish target. A company that manages their assets well will have a higher return, while a company that manages their assets poorly will have a lower return. The stock declined 0.74% or $0.54 reaching $72.67 on the news. It was last traded at $72.44 apiece. Puma Biotechnology Inc (NYSE:PBYI) has risen 23.65% since October 6, 2016 and is uptrending. It has underperformed by 12.50% the S&P500. Revenue, on the other hand, scored 3.54% growth from the previous quarter, coming up with $3.9 billion. The company reported $0.72 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.72. CL's profit will be $643.04M for 24.87 P/E if the $0.73 EPS becomes a reality. Blue Chip Partners Inc. boosted its stake in Colgate-Palmolive by 0.4% in the 1st quarter. COTY has better insider activity and sentiment signals. 34,000 shares were sold by Dolan Victoria L, worth $2.44 million on Monday, May 15.

In other Colgate-Palmolive news, insider Patricia Verduin sold 3,833 shares of the company's stock in a transaction that occurred on Monday, July 17th. Bridges Invest Counsel has invested 0.32% in Colgate-Palmolive Company (NYSE:CL). Seekingalpha.com's news article titled: "Colgate-Palmolive: Sustaining The Dividend, For Now" with publication date: September 17, 2017 was also an interesting one. Zacks Investment Research downgraded Colgate-Palmolive from a "hold" rating to a "sell" rating in a research report on Thursday, July 27th. Therefore 82% are positive. The stock has a consensus rating of "Hold" and an average price target of $76.31. As per Friday, September 16, the company rating was maintained by Piper Jaffray. The stock has "Sector Weight" rating by KeyBanc Capital Markets on Friday, September 9.

In recent action, Colgate-Palmolive Company (CL) has made a move of +2.31% over the past month, which has come on weak relative transaction volume. Raymond James Service Advisors, Florida-based fund reported 12,774 shares. The firm has "Hold" rating by RBC Capital Markets given on Friday, June 30.

Colgate-Palmolive Company (Colgate), launched on July 25, 1923, is a consumer products company.

Investors sentiment increased to 0.9 in 2017 Q2. Its up 0.49, from 0.72 in 2017Q1.

Several analysts have recently commented on CL shares. 92 funds opened positions while 359 raised stakes. The Brookside Capital Management Llc holds 338,994 shares with $29.63M value, up from 86,700 last quarter. The ability for Colgate-Palmolive Company to pay for the 2.19% dividend yield is 58.00% payout ratio. Finally, Scopus Asset Management L.P. purchased a new position in Colgate-Palmolive during the first quarter valued at $25,617,000. Moreover, Rhumbline Advisers has 0.28% invested in Colgate-Palmolive Company (NYSE:CL). Mycio Wealth Ptnrs Ltd Liability Corporation owns 2,951 shares. Court Place Advsr Lc owns 42,017 shares. While, the institutional ownership of MiMedx Group, Inc. Teachers Advisors LLC now owns 1,814,250 shares of the company's stock valued at $132,785,000 after buying an additional 367,977 shares during the last quarter. The New York-based Hap Trading Limited Liability Company has invested 0.22% in Colgate-Palmolive Company (NYSE:CL). Colgate-Palmolive Company (CL) recently closed with rise of 0.80% to its 20-Day Simple Moving Average. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and four have assigned a buy rating to the stock. Therefore 100% are positive. Wabtec had 21 analyst reports since December 21, 2015 according to SRatingsIntel. On Friday, August 11 the stock rating was maintained by Keefe Bruyette & Woods with "Buy". As per Monday, August 14, the company rating was maintained by Deutsche Bank. The company was initiated on Tuesday, July 21 by Sterne Agee CRT. Jefferies has "Hold" rating and $79.0 target. The company was upgraded on Thursday, August 10 by SunTrust. The total value of its holdings increased 1.2%. Its down 0.03, from 1.05 in 2017Q1. Kingfisher Ltd Llc accumulated 13,580 shares.

About 6,388 shares traded. Columbus Hill Lp invested in 2.75% or 291,474 shares.

Zpr Investment Management holds 1.97% of its portfolio in Miller Industries, Inc. for 51,884 shares. Zevin Asset Mngmt holds 0.21% or 8,983 shares. Hyman Charles D holds 0.12% or 10,150 shares. Sei Invs Communications accumulated 266 shares. Arizona State Retirement Systems invested in 0.05% or 36,400 shares. Stockholders of record on Monday, October 23rd will be given a $0.40 dividend. It also reduced Amdocs Ltd (NASDAQ:DOX) stake by 104,800 shares and now owns 701,797 shares. As of quarter end Pensionfund Sabic had acquired a total of 1,800 shares growing its stake by 6.0%.



Like this

Latest


07 October 2017
Today Analysts Focus on Abbott Laboratories (ABT), Atossa Genetics Inc. (ATOS)
Currently, the stock carries a price to earnings ratio of 0, a price to book ratio of 7.56, and a price to sales ratio of 164.54. Whereas, in last 21 trading days (one month) was climbed 6.77% and moved down in last 63 trading days (quarter) of -18.35%.

07 October 2017
Samsung phone explodes in man's pocket
The incident happened in Indonesia and a man is seen falling onto the ground as his handset caught on fire all of a sudden. The explosion, though no fault of Samsung, is a stark reminder how risky these devices could become.

07 October 2017
Toby Alderweireld insists he is happy at Tottenham amid contract impasse
One subject that the defender refused to be drawn into, too much at least, was the ongoing debate as to who's better out of Harry Kane and Romelu Lukaku .

07 October 2017
Hassle-free Chat: Workplace Chat launched for PC & Mac
These include delivery of notifications using the native interface of the OS, voice and video calling, and screen-sharing. The screen sharing feature is also quite advanced, allowing you to share the entire screen or just a specific app window.

07 October 2017
Affiliated Managers Group, Inc. (NYSE:AMG) Experiences Lighter than Usual Trading Volume
Bar Harbor Ser stated it has 168,550 shares or 2.21% of all its holdings. 2,580 were accumulated by Intrust Savings Bank Na. Since May 19, 2017, it had 0 buys, and 3 sales for $11.07 million activity. 3,277 shares were sold by Churchill Dwight D .

06 October 2017
Star Wars: Battlefront 2 - Open beta has been launched
The beta's download sizes hover around 15GB for the console versions, with a hefty 23GB download awaiting PC players on Origin . "We're very proud of what we've created and look forward to sharing it with you".

06 October 2017
Democrats Introduce Bump Stock Ban Bill
Since the shooting in Vegas late Sunday night, Democrat leaders in Congress have amped up their push for gun reform legislation. In his comments, Ryan said that he - like a lot of members of Congress - just learned about the accessories in recent days.

06 October 2017
'Incredible character': Trump praises first responders during Las Vegas visit
Video of the meeting has gone viral with over 15 million views in less than 24 hours. On Wednesday, he had to miss seeing President Trump, who is his idol.

06 October 2017
Is Stock's Performance Impressive? JPMorgan Chase & Co. (JPM)
Public Employees Retirement Sys Of Ohio holds 1.44% of its portfolio in JPMorgan Chase & Co. (NYSE: JPM ) for 3,630 shares. Anson Funds Limited Partnership has invested 0.5% of its portfolio in JPMorgan Chase & Co. (NYSE: JPM ) for 43,897 shares.

06 October 2017
Cam Newton Apologizes for 'Extremely Degrading' Remarks to Female Reporter
Rodrigue was back in the locker room Thursday, flanked by Mike Persinger, the executive sports editor of The Charlotte Observer . That set off national criticism of Newton, with many calling his statement sexist.



Recommended