Westwood Holdings Group Inc. lifted its holdings in Colgate-Palmolive Company (NYSE:CL) by 0.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,257,564 shares of the company’s stock after purchasing an additional 7,532 shares during the quarter. Westwood Holdings Group Inc. owned about 0.14% of Colgate-Palmolive worth $92,040,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Blue Chip Partners Inc. lifted its stake in Colgate-Palmolive by 0.4% in the 1st quarter. Blue Chip Partners Inc. now owns 1,805 shares of the company’s stock valued at $132,000 after acquiring an additional 8 shares in the last quarter. Savant Capital LLC lifted its stake in Colgate-Palmolive by 0.3% in the 1st quarter. Savant Capital LLC now owns 10,526 shares of the company’s stock valued at $770,000 after acquiring an additional 30 shares in the last quarter. Smith Moore & CO. lifted its stake in Colgate-Palmolive by 0.3% in the 1st quarter. Smith Moore & CO. now owns 10,373 shares of the company’s stock valued at $759,000 after acquiring an additional 32 shares in the last quarter. Front Street Capital Management Inc. lifted its stake in Colgate-Palmolive by 0.4% in the 1st quarter. Front Street Capital Management Inc. now owns 8,586 shares of the company’s stock valued at $628,000 after acquiring an additional 32 shares in the last quarter. Finally, Jackson Grant Investment Advisers Inc. lifted its stake in Colgate-Palmolive by 0.5% in the 1st quarter. Jackson Grant Investment Advisers Inc. now owns 6,993 shares of the company’s stock valued at $512,000 after acquiring an additional 37 shares in the last quarter. Institutional investors and hedge funds own 73.16% of the company’s stock.

In related news, COO Justin Skala sold 74,374 shares of the business’s stock in a transaction on Thursday, July 27th. The stock was sold at an average price of $72.51, for a total transaction of $5,392,858.74. Following the sale, the chief operating officer now directly owns 97,177 shares in the company, valued at approximately $7,046,304.27. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Patricia Verduin sold 3,833 shares of the business’s stock in a transaction on Monday, July 17th. The shares were sold at an average price of $72.41, for a total value of $277,547.53. Following the sale, the insider now owns 53,022 shares in the company, valued at $3,839,323.02. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 221,802 shares of company stock worth $15,983,976. 1.02% of the stock is currently owned by corporate insiders.

Several equities research analysts have commented on CL shares. Bank of America Corporation boosted their target price on Colgate-Palmolive from $78.00 to $80.00 and gave the company a “buy” rating in a research note on Wednesday, May 31st. Zacks Investment Research cut Colgate-Palmolive from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Jefferies Group LLC restated a “hold” rating and issued a $79.00 target price on shares of Colgate-Palmolive in a research note on Thursday, August 24th. Vetr cut Colgate-Palmolive from a “buy” rating to a “hold” rating and set a $76.67 target price on the stock. in a research note on Wednesday, May 17th. Finally, Royal Bank Of Canada restated a “hold” rating and issued a $74.00 target price on shares of Colgate-Palmolive in a research note on Thursday, May 25th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $75.82.

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Shares of Colgate-Palmolive Company (NYSE CL) traded up 0.26% during midday trading on Monday, hitting $72.01. The stock had a trading volume of 864,884 shares. The company’s 50 day moving average is $71.61 and its 200 day moving average is $73.33. Colgate-Palmolive Company has a 52 week low of $63.43 and a 52 week high of $77.27. The firm has a market cap of $63.43 billion, a P/E ratio of 26.76 and a beta of 0.80.

Colgate-Palmolive (NYSE:CL) last released its quarterly earnings data on Friday, July 21st. The company reported $0.72 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.72. Colgate-Palmolive had a return on equity of 3,121.95% and a net margin of 15.83%. The company had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.89 billion. During the same period in the previous year, the company posted $0.70 EPS. The firm’s revenue for the quarter was down .5% compared to the same quarter last year. On average, equities analysts predict that Colgate-Palmolive Company will post $2.89 earnings per share for the current fiscal year.

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.

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

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