2 weeks Ago By ABMN Staff
Security National Bank of Sioux City Iowa IA decreased its holdings in Colgate-Palmolive ( NYSE:CL – Free Report ) by 2.7% in the 2nd quarter, HoldingsChannel reports. The firm owned 16,157 shares of the company’s stock after selling 444 shares during the quarter.
Security National Bank of Sioux City Iowa IA’s holdings in Colgate-Palmolive were worth $1,568,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Stonehage Fleming Financial Services Holdings Ltd grew its stake in shares of Colgate-Palmolive by 57.
1% during the fourth quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 383,819 shares of the company’s stock valued at $30,594,000 after purchasing an additional 139,429 shares during the last quarter. D L Carlson Investment Group Inc.
acquired a new stake in shares of Colgate-Palmolive in the 4th quarter valued at $3,269,000. Diversify Advisory Services LLC bought a new stake in shares of Colgate-Palmolive during the first quarter worth $911,000. TD Asset Management Inc lifted its stake in shares of Colgate-Palmolive by 2.
4% during the first quarter. TD Asset Management Inc now owns 1,154,566 shares of the company’s stock valued at $103,969,000 after acquiring an additional 26,987 shares during the period. Finally, Empowered Funds LLC boosted its holdings in Colgate-Palmolive by 277.
3% in the first quarter. Empowered Funds LLC now owns 33,082 shares of the company’s stock valued at $2,979,000 after acquiring an additional 24,314 shares during the last quarter. Institutional investors and hedge funds own 80.
41% of the company’s stock. Insider Activity at Colgate-Palmolive In related news, EVP Gregory Malcolm sold 10,533 shares of the business’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $103.
10, for a total value of $1,085,952.30. Following the transaction, the executive vice president now owns 10,377 shares in the company, valued at $1,069,868.
70. The transaction was disclosed in a document filed with the SEC, which is available through this link . In other Colgate-Palmolive news, EVP Gregory Malcolm sold 10,533 shares of the company’s stock in a transaction on Tuesday, August 6th.
The shares were sold at an average price of $103.10, for a total transaction of $1,085,952.30.
Following the transaction, the executive vice president now owns 10,377 shares in the company, valued at $1,069,868.70. The transaction was disclosed in a filing with the SEC, which is accessible through this link .
Also, Director Martina Hundmejean sold 2,313 shares of the stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $103.86, for a total value of $240,228.
18. Following the completion of the sale, the director now directly owns 11,755 shares of the company’s stock, valued at $1,220,874.30.
The disclosure for this sale can be found here . In the last three months, insiders have sold 43,490 shares of company stock valued at $4,486,063. 0.
34% of the stock is owned by insiders. Colgate-Palmolive Stock Performance Colgate-Palmolive ( NYSE:CL – Get Free Report ) last issued its earnings results on Friday, July 26th. The company reported $0.
91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04.
Colgate-Palmolive had a return on equity of 470.19% and a net margin of 14.21%.
The firm had revenue of $5.06 billion for the quarter, compared to the consensus estimate of $5 billion. During the same quarter last year, the business posted $0.
77 EPS. The company’s revenue was up 4.9% compared to the same quarter last year.
As a group, research analysts expect that Colgate-Palmolive will post 3.57 earnings per share for the current fiscal year. Colgate-Palmolive Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Friday, November 15th.
Stockholders of record on Friday, October 18th will be paid a $0.50 dividend. The ex-dividend date is Friday, October 18th.
This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.93%.
Colgate-Palmolive’s payout ratio is currently 63.29%. Analyst Ratings Changes A number of research analysts have issued reports on the stock.
Hsbc Global Res downgraded shares of Colgate-Palmolive from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 26th. Jefferies Financial Group lowered shares of Colgate-Palmolive from a “buy” rating to a “hold” rating and cut their price objective for the company from $103.00 to $95.
00 in a report on Wednesday, July 24th. Morgan Stanley upped their target price on shares of Colgate-Palmolive from $103.00 to $111.
00 and gave the company an “overweight” rating in a research report on Monday, July 29th. Redburn Atlantic upgraded Colgate-Palmolive to a “hold” rating in a research report on Thursday, August 1st. Finally, UBS Group lifted their price objective on Colgate-Palmolive from $119.
00 to $122.00 and gave the stock a “buy” rating in a research note on Wednesday, September 4th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and fourteen have given a buy rating to the company’s stock.
According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $104.74. Read Our Latest Report on CL About Colgate-Palmolive ( Free Report ) Colgate-Palmolive Company, together with its subsidiaries, manufactures and sells consumer products in the United States and internationally.
It operates through two segments: Oral, Personal and Home Care; and Pet Nutrition. The Oral, Personal and Home Care segment offers toothpaste, toothbrushes, mouthwash, bar and liquid hand soaps, shower gels, shampoos, conditioners, deodorants and antiperspirants, skin health products, dishwashing detergents, fabric conditioners, household cleaners, and other related items. Featured Articles Want to see what other hedge funds are holding CL? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Colgate-Palmolive ( NYSE:CL – Free Report ). Receive News & Ratings for Colgate-Palmolive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Colgate-Palmolive and related companies with MarketBeat.com's FREE daily email newsletter .
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