Were Analysts Bullish Colgate-Palmolive Company (NYSE:CL) This Week?

November 10, 2018 - By Bradley Stiles

Investors sentiment increased to 0.81 in 2018 Q2. Its up 0.12, from 0.69 in 2018Q1. It increased, as 62 investors sold Colgate-Palmolive Company shares while 438 reduced holdings. 88 funds opened positions while 317 raised stakes. 612.32 million shares or 1.21% more from 605.00 million shares in 2018Q1 were reported.
Btr Management accumulated 0.07% or 5,966 shares. Albert D Mason Incorporated accumulated 32,777 shares or 1.53% of the stock. Bowen Hanes & Co reported 381,510 shares or 1.16% of all its holdings. Crestwood Advisors Grp Incorporated Ltd Liability Com has invested 1.1% of its portfolio in Colgate-Palmolive Company (NYSE:CL). Wendell David Inc holds 1.62% or 146,513 shares in its portfolio. Capital Ww owns 3.02M shares. Essex Fin Services holds 0.16% of its portfolio in Colgate-Palmolive Company (NYSE:CL) for 10,055 shares. Royal Natl Bank Of Canada reported 5.17M shares stake. Moreover, Prudential Fin Incorporated has 0.1% invested in Colgate-Palmolive Company (NYSE:CL). Renaissance Techs Ltd Com owns 9.22 million shares. Drexel Morgan & Communications, a Pennsylvania-based fund reported 24,958 shares. Credit Agricole S A holds 0.11% of its portfolio in Colgate-Palmolive Company (NYSE:CL) for 25,196 shares. 12,200 are owned by Fin & Investment Mgmt Group Limited. Cullinan Assoc Inc reported 0.73% in Colgate-Palmolive Company (NYSE:CL). Cornerstone Advisors reported 0.21% in Colgate-Palmolive Company (NYSE:CL).

Since May 14, 2018, it had 0 buys, and 9 sales for $14.53 million activity. Shares for $4.94 million were sold by MOISON FRANCK J. Deoras Mukul sold $737,863 worth of stock or 11,334 shares. The insider HICKEY DENNIS J sold 120,000 shares worth $7.89M. Another trade for 17,000 shares valued at $1.11M was sold by Shotts Philip G.. $68,060 worth of Colgate-Palmolive Company (NYSE:CL) was sold by JAKOBSEN HENNING I. Wallace Noel R. had sold 46,009 shares worth $2.85 million.

Colgate-Palmolive Company (NYSE:CL) Ratings Coverage

Among 11 analysts covering Colgate-Palmolive (NYSE:CL), 2 have Buy rating, 1 Sell and 8 Hold. Therefore 18% are positive. Colgate-Palmolive had 15 analyst reports since May 24, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, September 18 by Argus Research. The firm earned “Buy” rating on Thursday, July 19 by UBS. SunTrust downgraded the shares of CL in report on Monday, October 29 to “Hold” rating. The stock has “Buy” rating by Argus Research on Tuesday, October 30. As per Monday, October 29, the company rating was maintained by Citigroup. The rating was maintained by Citigroup on Tuesday, July 31 with “Neutral”. JP Morgan downgraded the shares of CL in report on Monday, October 29 to “Underweight” rating. Argus Research upgraded Colgate-Palmolive Company (NYSE:CL) on Friday, May 25 to “Buy” rating. The rating was maintained by Stifel Nicolaus on Monday, July 23 with “Hold”. The rating was maintained by Morgan Stanley on Thursday, June 21 with “Equal-Weight”. Below is a list of Colgate-Palmolive Company (NYSE:CL) latest ratings and price target changes.

30/10/2018 Broker: Argus Research Old Rating: Buy New Rating: Buy Old Target: $75 New Target: $70 Maintain
29/10/2018 Broker: SunTrust Old Rating: Buy New Rating: Hold Old Target: $80 New Target: $65 Downgrade
29/10/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Market Perform Old Target: $62 New Target: $58 Maintain
29/10/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $68 New Target: $63 Maintain
29/10/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Underweight Old Target: $61 New Target: $54 Downgrade
17/10/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Market Perform Old Target: $64 New Target: $62 Maintain
20/09/2018 Broker: Atlantic Securities Rating: Neutral New Target: $71 Initiates Coverage On
18/09/2018 Broker: Argus Research Old Rating: Buy New Rating: Buy Old Target: $72 New Target: $75 Maintain
31/07/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $70 New Target: $68 Maintain
30/07/2018 Broker: Macquarie Research Old Rating: Outperform New Rating: Neutral Downgrade

The stock increased 4.76% or $2.9 during the last trading session, reaching $63.8. About 9.74 million shares traded or 140.71% up from the average. Colgate-Palmolive Company (NYSE:CL) has declined 5.52% since November 10, 2017 and is downtrending. It has underperformed by 21.14% the S&P500.

Colgate-Palmolive Company, together with its subsidiaries, makes and sells consumer products worldwide. The company has market cap of $55.34 billion. It operates through two divisions, Oral, Personal and Home Care; and Pet Nutrition. It has a 25.54 P/E ratio. The firm offers oral care products, including toothpastes, toothbrushes, and mouthwashes, as well as pharmaceutical products for dentists and other oral health professionals; personal care products comprising bar and liquid hand soaps, shower gels, shampoos, conditioners, and deodorants and antiperspirants; and home care products, such as laundry and dishwashing detergents, fabric conditioners, household cleaners, bleaches, and other related products.

More recent Colgate-Palmolive Company (NYSE:CL) news were published by: Finance.Yahoo.com which released: “Stocks – Dow Skids on Global Growth Concerns, but Posts Solid Weekly Gain” on November 10, 2018. Also Seekingalpha.com published the news titled: “Colgate Shares Remain Pricey Despite Their Drop” on October 30, 2018. Benzinga.com‘s news article titled: “Analysts Turn Bearish On Colgate-Palmolive” with publication date: October 29, 2018 was also an interesting one.

Colgate-Palmolive Company (NYSE:CL) Institutional Positions Chart

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