What Will The Effects of a Suntrust Robinson Upgrade Be For Colgate-Palmolive (NYSE:CL) Shares?

October 12, 2017 - By Ellis Scott

  What Will The Effects of a Suntrust Robinson Upgrade Be For Colgate Palmolive (NYSE:CL) Shares?

Investors sentiment increased to 0.9 in 2017 Q2. Its up 0.08, from 0.82 in 2017Q1. It is positive, as 47 investors sold Colgate-Palmolive Company shares while 453 reduced holdings. 92 funds opened positions while 359 raised stakes. 617.46 million shares or 0.79% less from 622.36 million shares in 2017Q1 were reported.

Trillium Asset Mgmt Limited Liability Co, a Massachusetts-based fund reported 3,722 shares. Highland Management Limited Partnership has 0.8% invested in Colgate-Palmolive Company (NYSE:CL). Ray Gerald L & Limited reported 128,173 shares. Grisanti Capital Llc has 0.02% invested in Colgate-Palmolive Company (NYSE:CL) for 520 shares. Horizon Kinetics Limited Liability has invested 0.01% in Colgate-Palmolive Company (NYSE:CL). Janney Montgomery Scott Lc stated it has 172,360 shares. Bessemer Group Incorporated holds 0.71% of its portfolio in Colgate-Palmolive Company (NYSE:CL) for 2.37 million shares. Caprock Gru Inc invested in 0.1% or 5,904 shares. 12,092 are owned by Joel Isaacson Communication Ltd Liability Com. Financial Bank Of The Ozarks has 0.34% invested in Colgate-Palmolive Company (NYSE:CL). Canandaigua Bancshares And Tru Communication reported 0.26% stake. Adirondack Co holds 14,989 shares or 0.89% of its portfolio. American Group Incorporated has invested 0.11% in Colgate-Palmolive Company (NYSE:CL). Burt Wealth Advsrs reported 1,100 shares or 0.06% of all its holdings. Airain Ltd accumulated 0.03% or 8,806 shares.

Since May 8, 2017, it had 0 insider purchases, and 6 insider sales for $5.64 million activity. The insider KOGAN RICHARD J sold 8,000 shares worth $575,350. Another trade for 3,833 shares valued at $290,045 was sold by Verduin Patricia. Another trade for 14,000 shares valued at $1.00 million was sold by HUSTON JOHN J. Marsili Daniel B had sold 14,000 shares worth $1.06 million on Thursday, June 15. Dolan Victoria L sold $2.44 million worth of Colgate-Palmolive Company (NYSE:CL) on Monday, May 15.

Colgate-Palmolive (NYSE:CL) Stock Upgrade

Investment analysts at the Suntrust Robinson equities division boosted shares of Colgate-Palmolive (NYSE:CL) from a Hold to a Buy on 11 October.

Investors sentiment increased to 0.9 in 2017 Q2. Its up 0.08, from 0.82 in 2017Q1. It is positive, as 47 investors sold Colgate-Palmolive Company shares while 453 reduced holdings. 92 funds opened positions while 359 raised stakes. 617.46 million shares or 0.79% less from 622.36 million shares in 2017Q1 were reported.

Trillium Asset Mgmt Limited Liability Co, a Massachusetts-based fund reported 3,722 shares. Highland Management Limited Partnership has 0.8% invested in Colgate-Palmolive Company (NYSE:CL). Ray Gerald L & Limited reported 128,173 shares. Grisanti Capital Llc has 0.02% invested in Colgate-Palmolive Company (NYSE:CL) for 520 shares. Horizon Kinetics Limited Liability has invested 0.01% in Colgate-Palmolive Company (NYSE:CL). Janney Montgomery Scott Lc stated it has 172,360 shares. Bessemer Group Incorporated holds 0.71% of its portfolio in Colgate-Palmolive Company (NYSE:CL) for 2.37 million shares. Caprock Gru Inc invested in 0.1% or 5,904 shares. 12,092 are owned by Joel Isaacson Communication Ltd Liability Com. Financial Bank Of The Ozarks has 0.34% invested in Colgate-Palmolive Company (NYSE:CL). Canandaigua Bancshares And Tru Communication reported 0.26% stake. Adirondack Co holds 14,989 shares or 0.89% of its portfolio. American Group Incorporated has invested 0.11% in Colgate-Palmolive Company (NYSE:CL). Burt Wealth Advsrs reported 1,100 shares or 0.06% of all its holdings. Airain Ltd accumulated 0.03% or 8,806 shares.

Since May 8, 2017, it had 0 insider purchases, and 6 insider sales for $5.64 million activity. The insider KOGAN RICHARD J sold 8,000 shares worth $575,350. Another trade for 3,833 shares valued at $290,045 was sold by Verduin Patricia. Another trade for 14,000 shares valued at $1.00 million was sold by HUSTON JOHN J. Marsili Daniel B had sold 14,000 shares worth $1.06 million on Thursday, June 15. Dolan Victoria L sold $2.44 million worth of Colgate-Palmolive Company (NYSE:CL) on Monday, May 15.

Colgate-Palmolive Company (NYSE:CL) Ratings Coverage

Among 24 analysts covering Colgate-Palmolive (NYSE:CL), 5 have Buy rating, 0 Sell and 19 Hold. Therefore 21% are positive. Colgate-Palmolive has $88 highest and $65 lowest target. $73.84’s average target is -1.49% below currents $74.96 stock price. Colgate-Palmolive had 52 analyst reports since July 21, 2015 according to SRatingsIntel. Sterne Agee CRT downgraded the shares of CL in report on Friday, February 26 to “Neutral” rating. The stock has “Outperform” rating by BNP Paribas on Tuesday, February 21. The firm has “Market Perform” rating given on Tuesday, November 15 by Wells Fargo. UBS maintained the stock with “Neutral” rating in Friday, April 29 report. The rating was maintained by Citigroup on Thursday, April 14 with “Buy”. The stock has “Buy” rating by SunTrust on Wednesday, October 11. KeyBanc Capital Markets initiated Colgate-Palmolive Company (NYSE:CL) on Friday, September 9 with “Sector Weight” rating. UBS maintained it with “Neutral” rating and $72 target in Friday, July 31 report. The rating was upgraded by Goldman Sachs to “Neutral” on Monday, May 2. The firm earned “Hold” rating on Monday, November 2 by Deutsche Bank.

About 924,316 shares traded. Colgate-Palmolive Company (NYSE:CL) has risen 6.23% since October 12, 2016 and is uptrending. It has underperformed by 10.47% the S&P500.

Analysts expect Colgate-Palmolive Company (NYSE:CL) to report $0.73 EPS on October, 27 before the open.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $0.73 EPS. CL’s profit would be $642.75 million giving it 25.67 P/E if the $0.73 EPS is correct. After having $0.72 EPS previously, Colgate-Palmolive Company’s analysts see 1.39 % EPS growth.

Colgate-Palmolive Company is a consumer products company. The company has market cap of $66.00 billion. The Firm operates in two product divisions: Oral, Personal and Home Care, and Pet Nutrition. It has a 27.89 P/E ratio. The Oral, Personal and Home Care product segment is operated through five geographic divisions, which include North America, Latin America, Europe, Asia Pacific and Africa/Eurasia.

More important recent Colgate-Palmolive Company (NYSE:CL) news were published by: Seekingalpha.com which released: “Colgate-Palmolive: Sustaining The Dividend, For Now” on September 17, 2017, also Investorplace.com published article titled: “Why Colgate-Palmolive Company (CL) Shares Are Popping Today”, Prnewswire.com published: “Pre-Market Technical Recap on Personal Products Stocks — Avon Products …” on October 11, 2017. More interesting news about Colgate-Palmolive Company (NYSE:CL) was released by: Economictimes.Indiatimes.com and their article: “Buy Colgate-Palmolive (India), target Rs 1155: Manas Jaiswal” with publication date: October 12, 2017.

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