Trading Notes on Colgate-Palmolive Company (NYSE:CL): Active Stock Recap

SEC FORM 4 - SEC.gov

Stocks under Traders Consideration: Colgate-Palmolive Co. (CL), EOG Resources, Inc. (EOG)

About 403,303 shares traded. General Electric Company (NYSE:GE) has declined 4.46% since January 26, 2017 and is downtrending. It has underperformed by 11.09% the S&P500. Finally, Harding Loevner LP lifted its stake in shares of Colgate-Palmolive by 92.0% during the third quarter. Following the sale, the insider now owns 37,788 shares of the company's stock, valued at approximately $2,865,086.16. Bailard Inc who had been investing in Colgate Palmolive Co for a number of months, seems to be bullish on the $64.59B market cap company. CL has diverse figures for different time frames; starting from week's performance it presents bullish trend of 0.89% in last five regular trading sessions. This will give analytical advantage to a shorter-term trader since it pursues the price more intimately, and consequently produces less "lag" as comparison to the longer-term moving average.

Cullinan Associates Inc. reduced its stake in shares of Colgate-Palmolive (NYSE:CL) by 3.6% during the 4th quarter, HoldingsChannel reports. It has underperformed by 10.47% the S&P500.

Investors sentiment increased to 1.41 in Q3 2017. The unit, which accounts for a fifth of total group sales, saw net sales increase just 1 per cent during the quarter. Wealthtrust invested in 503 shares. 53 funds opened positions while 108 raised stakes. Mountain Pacific Invest Advisers Id invested in 0.07% or 9,295 shares. (NYSE:CTLT) or 181,458 shares. (NYSE:CTLT). Franklin Resources Incorporated, California-based fund reported 3.40M shares. Boys Arnold And Company owns 15,518 shares. (NYSE:CTLT) for 569,737 shares. Horan Cap Advsr Ltd Liability has 298 shares for 0.01% of their portfolio. Davidson Kempner Mngmt Lp holds 0.24% or 1.50M shares. West Coast Lc holds 0.77% or 38,740 shares. Gofen Glossberg Llc Il accumulated 157,690 shares or 0.43% of the stock. Bingham Osborn Scarborough Ltd Liability holds 4,586 shares. Leisure Management stated it has 6,336 shares or 0.41% of all its holdings. (NYSE:CTLT) for 75,800 shares. Castleark Ltd stated it has 0.38% of its portfolio in Splunk Inc. (NYSE:FDS) for 1,316 shares.

Excluding charges resulting from the Global Growth and Efficiency Program and the one-time charge related to USA tax reform in 2017, Colgate projects low double-digit earnings per share growth for the full year. It also increased its holding in Franklin Finl Network Inc by 43,000 shares in the quarter, for a total of 83,470 shares, and has risen its stake in Pfizer Inc (NYSE:PFE).

Among 19 analysts covering FactSet Research Systems Inc. Therefore 33% are positive.

CL has been the subject of several recent research reports. FBR Capital maintained it with "Mkt Perform" rating and $11 target in Wednesday, May 10 report. The rating was maintained by UBS with "Neutral" on Friday, July 31. Jefferies maintained it with "Hold" rating and $7700 target in Thursday, July 6 report. The company was downgraded on Monday, January 30 by Citigroup. The firm has "Hold" rating given on Tuesday, September 22 by Vetr. Stifel Nicolaus upgraded Centene Corporation (NYSE:CNC) on Thursday, May 26 to "Buy" rating. The company was maintained on Wednesday, December 20 by Wells Fargo. The firm has "Sector Weight" rating given on Friday, September 9 by KeyBanc Capital Markets. If we consider a median price to earnings ratio on the stock, that corresponds with a stock price of 25.08. $3.05 million worth of Epizyme, Inc. (NYSE:FDS) was sold by Snow Frederick Philip. 1,264 are held by Sun Life Financial Inc.

Since August 24, 2017, it had 1 insider buy, and 3 sales for $2.32 million activity.

Among 25 analysts covering Colgate-Palmolive (NYSE:CL), 6 have Buy rating, 1 Sell and 18 Hold. Analysts had a consensus revenue estimate of $3.93 billion. They set a "hold" rating and a $75.00 price objective for the company. RBC Capital Markets maintained the shares of GE in report on Monday, April 24 with "Outperform" rating. Jacobi Capital Management LLC now owns 1,443 shares of the company's stock valued at $104,000 after acquiring an additional 803 shares in the last quarter. The stock has "Buy" rating by Jefferies on Wednesday, June 7. The rating was downgraded by Societe Generale on Wednesday, November 29 to "Sell".

Since August 1, 2017, it had 0 insider purchases, and 8 selling transactions for $11.05 million activity.

Shares fell 3.1% in premarket trading. $1.00 million worth of stock was sold by Marsili Daniel B on Tuesday, August 15. On Tuesday, August 1 the insider HANCOCK ELLEN M sold $363,664. Verduin Patricia sold $273,868 worth of stock.

Investors sentiment decreased to 0.94 in Q3 2017. Its the same as in 2017Q2. The company reported $0.75 EPS for the quarter, hitting the consensus estimate of $0.75. Colgate-Palmolive's dividend payout ratio (DPR) is presently 70.18%. (NYSE:CTLT). State Of Tennessee Treasury Department has 110,000 shares for 0.02% of their portfolio.

Honeywell forecasted fiscal 2018 sales in the range of $41.8 billion to $42.5 billion and lifted diluted earnings per share in the range of $7.75 to $8 from the earlier estimate of $7.55 to $7.80. First Corp In reported 4,577 shares. Blue Ridge Cap Lc invested 0.53% in Whiting Petroleum Corporation (NYSE:WLL). Ls Advisors reported 0.32% stake. Northern Tru Corp stated it has 831,955 shares.

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