Stephens Inc. AR boosted its holdings in Colgate-Palmolive (NYSE:CL) by 12.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 72,799 shares of the company’s stock after acquiring an additional 7,924 shares during the quarter. Stephens Inc. AR’s holdings in Colgate-Palmolive were worth $5,493,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in Colgate-Palmolive by 2.4% during the 2nd quarter. Vanguard Group Inc. now owns 67,875,384 shares of the company’s stock worth $5,031,602,000 after buying an additional 1,621,392 shares during the period. Renaissance Technologies LLC raised its holdings in Colgate-Palmolive by 42.4% during the 2nd quarter. Renaissance Technologies LLC now owns 9,753,400 shares of the company’s stock worth $723,020,000 after buying an additional 2,903,800 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in Colgate-Palmolive by 25.3% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 6,854,323 shares of the company’s stock worth $508,111,000 after buying an additional 1,385,946 shares during the period. First Eagle Investment Management LLC raised its holdings in Colgate-Palmolive by 35.8% during the 3rd quarter. First Eagle Investment Management LLC now owns 6,641,548 shares of the company’s stock worth $483,837,000 after buying an additional 1,750,417 shares during the period. Finally, APG Asset Management N.V. raised its holdings in Colgate-Palmolive by 33.2% during the 4th quarter. APG Asset Management N.V. now owns 5,421,184 shares of the company’s stock worth $340,630,000 after buying an additional 1,350,400 shares during the period. Hedge funds and other institutional investors own 72.85% of the company’s stock.

Several analysts have issued reports on CL shares. Zacks Investment Research upgraded Colgate-Palmolive from a “hold” rating to a “buy” rating and set a $81.00 price objective on the stock in a report on Monday, October 23rd. Deutsche Bank started coverage on Colgate-Palmolive in a report on Wednesday, December 13th. They set a “hold” rating and a $75.00 price objective on the stock. Jefferies Group cut their price objective on Colgate-Palmolive from $79.00 to $76.00 and set a “hold” rating on the stock in a report on Monday, October 30th. Stifel Nicolaus set a $73.00 price objective on Colgate-Palmolive and gave the stock a “hold” rating in a report on Sunday, October 29th. Finally, KeyCorp restated a “hold” rating on shares of Colgate-Palmolive in a report on Saturday, November 25th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company’s stock. Colgate-Palmolive currently has a consensus rating of “Hold” and an average target price of $77.71.

In related news, Vice Chairman Franck J. Moison sold 142,979 shares of the business’s stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $70.09, for a total value of $10,021,398.11. Following the completion of the sale, the insider now owns 224,027 shares of the company’s stock, valued at approximately $15,702,052.43. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, SVP John J. Huston sold 14,000 shares of the business’s stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $69.44, for a total value of $972,160.00. Following the completion of the sale, the senior vice president now directly owns 100,508 shares of the company’s stock, valued at approximately $6,979,275.52. The disclosure for this sale can be found here. Insiders sold a total of 406,869 shares of company stock worth $29,040,662 in the last quarter. 1.02% of the stock is owned by corporate insiders.

Colgate-Palmolive (NYSE:CL) opened at $70.30 on Wednesday. The firm has a market capitalization of $61,730.00, a PE ratio of 30.83, a PEG ratio of 2.60 and a beta of 0.75. Colgate-Palmolive has a twelve month low of $67.19 and a twelve month high of $77.91. The company has a quick ratio of 0.34, a current ratio of 0.47 and a debt-to-equity ratio of 24.42.

Colgate-Palmolive (NYSE:CL) last issued its earnings results on Friday, January 26th. The company reported $0.75 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.75. The company had revenue of $3.89 billion for the quarter, compared to the consensus estimate of $3.92 billion. Colgate-Palmolive had a return on equity of 1,716.69% and a net margin of 13.10%. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.75 EPS. sell-side analysts forecast that Colgate-Palmolive will post 3.18 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Tuesday, January 23rd will be issued a $0.40 dividend. The ex-dividend date of this dividend is Monday, January 22nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.28%. Colgate-Palmolive’s dividend payout ratio is 70.18%.

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Colgate-Palmolive 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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