M Holdings Securities Inc. boosted its stake in Colgate-Palmolive Company (NYSE:CL) by 0.4% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 5,366 shares of the company’s stock after buying an additional 21 shares during the period. M Holdings Securities Inc.’s holdings in Colgate-Palmolive were worth $393,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Blue Chip Partners Inc. raised its position in shares of Colgate-Palmolive by 0.4% in the first quarter. Blue Chip Partners Inc. now owns 1,805 shares of the company’s stock valued at $132,000 after buying an additional 8 shares in the last quarter. Alpha Windward LLC raised its position in shares of Colgate-Palmolive by 0.6% in the first quarter. Alpha Windward LLC now owns 2,829 shares of the company’s stock valued at $207,000 after buying an additional 18 shares in the last quarter. Savant Capital LLC raised its position in shares of Colgate-Palmolive by 0.3% in the first quarter. Savant Capital LLC now owns 10,526 shares of the company’s stock valued at $770,000 after buying an additional 30 shares in the last quarter. Evanson Asset Management LLC raised its position in shares of Colgate-Palmolive by 0.3% in the first quarter. Evanson Asset Management LLC now owns 11,869 shares of the company’s stock valued at $869,000 after buying an additional 32 shares in the last quarter. Finally, Smith Moore & CO. raised its position in shares of Colgate-Palmolive by 0.3% in the first quarter. Smith Moore & CO. now owns 10,373 shares of the company’s stock valued at $759,000 after buying an additional 32 shares in the last quarter. Institutional investors own 73.69% of the company’s stock.

Colgate-Palmolive Company (CL) traded down 0.39% on Friday, hitting $71.02. 3,317,565 shares of the company’s stock were exchanged. Colgate-Palmolive Company has a 52-week low of $63.43 and a 52-week high of $77.27. The stock has a market cap of $62.56 billion, a P/E ratio of 26.39 and a beta of 0.80. The firm has a 50 day moving average price of $72.30 and a 200-day moving average price of $72.91.

Colgate-Palmolive (NYSE:CL) last posted its earnings results on Friday, July 21st. The company reported $0.72 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.72. The business had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.89 billion. Colgate-Palmolive had a net margin of 15.83% and a return on equity of 3,121.95%. The business’s revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.70 EPS. Analysts predict that Colgate-Palmolive Company will post $2.89 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 15th. Shareholders of record on Tuesday, July 18th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend was Friday, July 14th. Colgate-Palmolive’s dividend payout ratio is currently 59.48%.

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Several brokerages recently issued reports on CL. Zacks Investment Research lowered shares of Colgate-Palmolive from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Jefferies Group LLC reissued a “hold” rating and set a $79.00 target price (up from $77.00) on shares of Colgate-Palmolive in a research note on Monday, July 24th. Deutsche Bank AG reissued a “hold” rating and set a $75.00 target price on shares of Colgate-Palmolive in a research note on Monday, July 24th. Wells Fargo & Company reissued a “market perform” rating on shares of Colgate-Palmolive in a research note on Monday, July 24th. Finally, BidaskClub lowered shares of Colgate-Palmolive from a “sell” rating to a “strong sell” rating in a research note on Wednesday, July 12th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $75.82.

In other Colgate-Palmolive news, Director John T. Cahill sold 8,000 shares of the company’s stock in a transaction dated Thursday, July 27th. The shares were sold at an average price of $72.47, for a total transaction of $579,760.00. Following the transaction, the director now owns 31,786 shares in the company, valued at approximately $2,303,531.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Patricia Verduin sold 3,833 shares of the company’s stock in a transaction dated Thursday, June 15th. The shares were sold at an average price of $75.67, for a total transaction of $290,043.11. Following the transaction, the insider now owns 53,022 shares in the company, valued at approximately $4,012,174.74. The disclosure for this sale can be found here. Insiders have sold a total of 221,802 shares of company stock worth $15,983,976 in the last 90 days. Company insiders own 1.02% of the company’s stock.

Colgate-Palmolive Company Profile

Colgate-Palmolive Company (Colgate) is a consumer products company. The Company operates in two product segments: Oral, Personal and Home Care, and Pet Nutrition. The Oral, Personal and Home Care product segment is operated through five geographic segments, which include North America, Latin America, Europe, Asia Pacific and Africa/Eurasia.

Institutional Ownership by Quarter for Colgate-Palmolive (NYSE:CL)

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