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%.



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