Economy

Colgate-Palmolive Company (NYSE:CL) Traded 4.9% Above Its 50 Day Average

Colgate-Palmolive Company (NYSE:CL) Traded 4.9% Above Its 50 Day Average”

Colgate Palmolive now has $66.94 billion valuation.

The share price of Colgate-Palmolive Company (NYSE:CL) was up +1.10% during the last trading session, with a day high of 0.00. It is down 15.94% since October 16, 2016 and is uptrending.

Chemung Canal Trust Company increased Colgate Palmolive (CL) stake by 28.97% reported in 2017Q2 SEC filing.

Shares of the FMCG maker, Colgate stock fell over 3% after the company announces its Q2 FY18 numbers. The stock's average target of $74.67 is -1.74% below today's ($75.99) share price. It has underperformed by 10.47% the S&P500. Dimensional Fund Advsr LP accumulated 0.06% or 1.68 million shares. The company reported $0.72 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.72. Cue Financial Group Inc. now owns 4,854 shares of the company's stock valued at $360,000 after purchasing an additional 14 shares during the last quarter. Howard Weil initiated NextEra Energy Inc (NYSE:NEE) on Tuesday, November 17 with "Sector Outperform" rating.

07/24/2017 - Colgate-Palmolive Company had its "hold" rating reiterated by analysts at Jefferies. (NYSE:TIF), 13 have Buy rating, 0 Sell and 10 Hold. Therefore 6% are positive. Colgate-Palmolive had 52 analyst reports since July 21, 2015 according to SRatingsIntel. As per Thursday, August 27, the company rating was maintained by Topeka Capital Markets. Berenberg maintained the stock with "Hold" rating in Tuesday, December 1 report. Wells Fargo upgraded Tiffany & Co. Citigroup downgraded Colgate-Palmolive Company (NYSE:CL) on Monday, January 30 to "Neutral" rating.

TRADEMARK VIOLATION NOTICE: "Colgate-Palmolive Company (CL) Lifted to Buy at SunTrust Banks, Inc." was reported by BBNS and is the sole property of of BBNS. Barclays Capital maintained the stock with "Equal-Weight" rating in Monday, March 21 report. The rating was maintained by RBC Capital Markets with "Buy" on Sunday, September 3. The firm earned "Neutral" rating on Friday, October 28 by B. Riley & Co. Moreover, Amica Pension Fund Board Of Trustees has 0.39% invested in Colgate-Palmolive Company (NYSE:CL). Therefore 21% are positive.

Colgate-Palmolive Company (Colgate), launched on July 25, 1923, is a consumer products company. The stock has "Neutral" rating by UBS on Friday, April 29. The stock now has an average rating of "Hold" and a consensus target price of $76.85. The ex-dividend date of this dividend is Friday, October 20th. Goldman Sachs upgraded Colgate-Palmolive Company (NYSE:CL) rating on Monday, May 2. Colgate-Palmolive presently has an average rating of "Hold" and an average price target of $76.85. The rating was downgraded by Zacks on Wednesday, August 5 to "Hold". The firm has "Hold" rating given on Tuesday, October 6 by Baader Wertpapierhandelsbank.

Since January 1, 0001, it had 0 insider buys, and 6 sales for $5.64 million activity. $290,045 worth of Colgate-Palmolive Company (NYSE:CL) was sold by Verduin Patricia on Thursday, June 15. Another trade for 34,000 shares valued at $2.44 million was made by Dolan Victoria L on Monday, May 15. Alliancebernstein L.P. now owns 1,899,356 shares of the company's stock worth $139,014,000 after buying an additional 77,414 shares during the period. Pitcairn has invested 0.06% in Colgate-Palmolive Company (NYSE:CL). HUSTON JOHN J sold $1.00 million worth of stock or 14,000 shares. Duff & Phelps Mgmt has invested 0.01% of its portfolio in Colgate-Palmolive Company (NYSE:CL). During the same quarter in the prior year, the firm posted $0.70 EPS. TMUS's profit would be $382.30M giving it 33.36 P/E if the $0.46 EPS is correct.

However, the volume growth was a disappointment as it came in at -0.9 percent against a CNBC-TV18 poll of 1-2 percent.



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