Colgate-Palmolive Company (NYSE:CL) Chalking Up Volume in Session

Isaac Cain
May 19, 2017

The analysts estimated mean EPS at 0.74 while the high and low EPS estimate stand at 0.76 and 0.72 respectively. Nonetheless, organic sales are expected to improve sequentially throughout the year.

We also note that Fortress Investment Group LLC (NYSE:FIG) has a Shareholder Yield of 0.059135 and a Shareholder Yield (Mebane Faber) of 0.08174. The stock now has a consensus rating of "Hold" and a consensus price target of $75.41. The stock notched a 12-month high of $75.45 while $90.00 target is by far the most aggressive out of analysts who are now evaluating the company, $14.55 higher than the next highest 52-week price estimate.

Presently Colgate-Palmolive Company (NYSE:CL) stock have an ABR of 2.69. The stock now has a consensus rating of "Hold" and an average price target of $74.86. BNP Paribas upgraded Colgate-Palmolive Company (NYSE:CL) on Friday, January 15 to "Outperform" rating. Fourteen investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Beck Mack Oliver Lc holds 0.13% of its portfolio in Colgate-Palmolive Company (NYSE:CL) for 55,849 shares.

The New York Post reported Wednesday that Ian Cook, the CEO of Colgate-Palmolive Co, has signaled that he would be open to a sale of the company for USD100 a share. (CL) has a trading volume of 18.84 Million shares, with an average trading volume of 4490 shares - with shares dropping to a 52 week low of $63.09, and the company's shares hitting a 52 week high of $ 74.69. Colgate-Palmolive has $88 highest and $65 lowest target. The market capitalization of the company is at $67.2 Billion. The company's 50 day moving average price is $73.02 and its 200 day moving average price is $69.68. Colgate-Palmolive Company also was the recipient of some unusual options trading on Wednesday. The firm has "Buy" rating by Dougherty & Company given on Monday, December 7. This represents an increase of 712% compared to the typical volume of 3,023 call options.

Colgate-Palmolive Company (NYSE:CL) last issued its earnings results on Friday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.01. The company had Year Ago Sales of 3.85 Billion. Zeke Capital Advisors Limited invested 0.08% in Colgate-Palmolive Company (NYSE:CL). The firm's quarterly revenue was up.0% compared to the same quarter past year. Equities research analysts predict that Macerich Co will post $0.78 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 15th. UBS maintained the shares of CL in report on Friday, April 29 with "Neutral" rating. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is now sitting at 52. The ex-dividend date is Wednesday, April 19th.

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Number of analysts are eying on this stock, and after detailed observation, they have given the stock mean target price of $44.12 while their mean recommendation is 1.80 (1=Buy, 5=sell). Colgate-Palmolive Company's payout ratio is 57.35%.

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Bank of America Corp (NYSE:BAC) traded 189,705,459 shares on last trading session with closing price of $22.57. (NASDAQ:CRZO) traded 1.47 Million shares and was closed at $23.91 per share. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. BlackRock Inc. now owns 51,329,366 shares of the company's stock valued at $3,756,796,000 after buying an additional 49,319,793 shares in the last quarter. We cut our FY18E EPS 10%, and raise our price target (marginally) to Rs 980 as we roll forward to FY19E. Bruderman Asset Management LLC now owns 1,556 shares of the company's stock valued at $115,000 after buying an additional 4 shares during the period. The disclosure for this sale can be found here. Share performance for the month is now at 2.33%.

Several institutional investors have recently made changes to their positions in CL. BlackRock Inc. increased its position in Colgate-Palmolive Company by 2,454.2% in the first quarter.

Colgate-Palmolive Company (NYSE:CL) has a current ERP5 Rank of 5094. BKD Wealth Advisors LLC increased its position in Colgate-Palmolive Company by 2.3% 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 during the last quarter. Monetary Mgmt Inc reported 0.27% in Colgate-Palmolive Company (NYSE:CL). During the trading on 05/17/2017, Company's stock ranged from $71.98 to $71.54. Vanguard Group Inc. increased its position in Colgate-Palmolive Company by 4.1% in the first quarter. Pinnacle Advisory Group Inc. now owns 5,392 shares of the company's stock worth $390,000 after buying an additional 25 shares during the period. The Connecticut-based Webster Fincl Bank N A has invested 0.03% in Colgate-Palmolive Company (NYSE:CL).

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