Economy

Aviva PLC Sells 463320 Shares of Colgate-Palmolive Company (NYSE:CL)

The Douglass Winthrop Advisors Llc holds 483,526 shares with $35.84M value, up from 479,100 last quarter.

In the market the company is trading down from yesterday's close of 70.4.

As of quarter end Aperio Group, LLC had acquired a total of 13,135 shares growing its position 2.8%. Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) has declined 41.70% since November 3, 2016 and is downtrending.

Glg Partners Lp decreased Colgate Palmolive Co (CL) stake by 29.93% reported in 2017Q2 SEC filing. Over the last ninety days, insiders sold 52,833 shares of company stock worth $3,776,108. Colgate-Palmolive Company (CL) has a market cap of $63.21 billion and over the last 12 months, Colgate-Palmolive Company (NYSE:CL) has gone weaker by -0.34%.

The most recent insider trade was by a Director named BILBREY JOHN P, and it was an direct of 225 shares - leaving the insider with 9677 shares after the transaction.

Colgate-Palmolive Company (NYSE:CL) shares were trading higher by 0.54 percent ($0.38) at $70.94 a piece in Thursday's session. It has underperformed by 10.47% the S&P500. Zacks Investment Research raised shares of Colgate-Palmolive from a hold rating to a buy rating and set a $81.00 price objective for the company in a research report on Monday, October 23rd. KeyCorp reaffirmed a hold rating on shares of Colgate-Palmolive in a research report on Monday, October 16th. Royal Bank Of Canada reissued a hold rating and issued a $74.00 price objective on shares of Colgate-Palmolive in a research report on Friday, June 30th. The rating was maintained by UBS with "Neutral" on Friday, April 29.

Colgate-Palmolive (NYSE:CL) last announced its quarterly earnings results on Friday, October 27th. The firm has "Overweight" rating given on Monday, September 25 by Morgan Stanley. The stock has "Outperform" rating by BNP Paribas on Friday, January 15. The stock of Colgate-Palmolive Company (NYSE:CL) earned "Hold" rating by KeyBanc Capital Markets on Wednesday, August 23. S&P Research maintained it with "Hold" rating and $69 target in Monday, November 2 report. Following the sale, the senior vice president now owns 102,761 shares in the company, valued at $7,699,881.73. As per Monday, May 2, the company rating was upgraded by Goldman Sachs. Bank of New York Mellon Corp increased its holdings in Colgate-Palmolive by 0.9% during the 1st quarter. Its up 0.08, from 0.82 in 2017Q1. It is positive, as 47 investors sold CL shares while 453 reduced holdings. 92 funds opened positions while 359 raised stakes. The company reported $0.73 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.73. The original version of this news story can be viewed at https://stocknewstimes.com/2017/11/03/zacks-investment-research-downgrades-colgate-palmolive-company-cl-to-hold.html.

It is useful for investors to take a look at what percentage of a company's shares outstanding are owned by institutional investors, specifically. After $-0.46 actual earnings per share reported by Prothena Corporation PLC for the previous quarter, Wall Street now forecasts 200.00% negative EPS growth. As of the end of the quarter Palisade Asset Management, LLC had bought 220 shares growing its holdings by 0.2%. Baillie Gifford And has 0.5% invested in Colgate-Palmolive Company (NYSE:CL) for 4.98M shares. United Kingdom-based Artemis Management Ltd Liability Partnership has invested 0.18% in Colgate-Palmolive Company (NYSE:CL). Barnett & Com holds 0.03% or 800 shares in its portfolio. St Germain D J accumulated 3,815 shares. Athena Cap Advsrs Ltd Co holds 0.11% or 2,100 shares.

Within those holders, 515 of them increased their positions - representing 33,684,322 shares of CL. Maine-based Bath Savings Tru has invested 2.31% in Colgate-Palmolive Company (NYSE:CL). Nfc Investments Llc owns 236,160 shares or 1.98% of their U.S. portfolio. Yacktman Asset Management LP now owns 1,365,300 shares of the company's stock valued at $99,926,000 after buying an additional 30,300 shares during the period.

Since May 8, 2017, it had 0 insider buys, and 6 selling transactions for $5.64 million activity.

Colgate-Palmolive Company (Colgate) is a consumer products company. The value of the investment in CL went from $34,232,000 to $34,597,000 increasing 1.1% since the last quarter.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th.

Investors sentiment increased to 0.68 in 2017 Q2. Its up 0.04, from 0.64 in 2017Q1. It increased, as 62 investors sold AAPL shares while 1068 reduced holdings.

A number of equities analysts have issued reports on CL shares. Kings Point Capital Mngmt accumulated 8,141 shares. The Company's clinical pipeline of antibody product candidates targets a range of indications, including Amyloid Light-chain amyloidosis (NEOD001), Parkinson's disease and other related synucleinopathies (PRX002), and inflammatory diseases, including psoriasis and psoriatic arthritis (PRX003) and ATTR amyloidosis (PRX004). The Japan-based Sumitomo Mitsui Trust has invested 0.17% in Constellation Brands, Inc. (NASDAQ:AAPL). 21,381 were reported by White Pine Capital Ltd. Credit Suisse Ag reported 1.44% in Apple Inc. Signalpoint Asset Mgmt Limited Company invested 2.39% of its portfolio in Apple Inc. Bush Odonnell Incorporated holds 122,750 shares or 5.62% of its portfolio. $290,045 worth of stock was sold by Verduin Patricia on Thursday, June 15. Srouji Johny had sold 10,019 shares worth $1.54M.

Davis-Rea Ltd, which manages about $157.91M US Long portfolio, decreased its stake in A by 1,982 shares to 8,169 shares, valued at $7.60M in 2017Q2, according to the filing.

Among 48 analysts covering Apple Inc. Stifel Nicolaus has "Hold" rating and $73.0 target. Therefore 79% are positive. Apple Inc. had 315 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Hold" rating given on Tuesday, August 1 by RBC Capital Markets. The stock of Apple Inc. Citigroup has "Neutral" rating and $40.0 target.



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