United Capital Financial Advisers LLC Holding in Colgate (CL) Has Cut by $8.94 Million

December 7, 2017 - By Ellis Scott

Investors sentiment increased to 0.9 in 2017 Q2. Its up 0.08, from 0.82 in 2017Q1. It improved, as 47 investors sold CL 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. Rampart Inv Lc reported 0.31% stake. Commerzbank Aktiengesellschaft Fi holds 87,504 shares. Smithfield Trust invested in 0.2% or 18,798 shares. United Fire Gru holds 8,000 shares or 0.21% of its portfolio. Schaper Benz And Wise Inv Counsel Wi reported 0.05% in Colgate-Palmolive Company (NYSE:CL). 16,362 were reported by Gp One Trading L P. Mirae Asset Glob Invests has invested 0.01% in Colgate-Palmolive Company (NYSE:CL). Usca Ria Limited Liability stated it has 0.16% in Colgate-Palmolive Company (NYSE:CL). Gofen & Glossberg Limited Company Il stated it has 158,907 shares. State Of New Jersey Common Pension Fund D owns 0.32% invested in Colgate-Palmolive Company (NYSE:CL) for 1.04M shares. Tci Wealth Advsr Incorporated has 0.04% invested in Colgate-Palmolive Company (NYSE:CL) for 970 shares. Moreover, Prospector Prns Ltd Liability Company has 0.88% invested in Colgate-Palmolive Company (NYSE:CL). 139,455 are owned by Ahl Prtnrs Ltd Liability Partnership. 11,447 are owned by Folger Nolan Fleming Douglas Cap Mgmt. Dearborn Prns Ltd Com invested in 12,992 shares.

Since June 15, 2017, it had 0 insider buys, and 2 insider sales for $1.35 million activity. Another trade for 14,000 shares valued at $1.06M was sold by Marsili Daniel B.

United Capital Financial Advisers Llc decreased its stake in Colgate (CL) by 20.89% based on its latest 2017Q2 regulatory filing with the SEC. United Capital Financial Advisers Llc sold 120,746 shares as the company’s stock rose 3.95% with the market. The institutional investor held 457,382 shares of the package goods and cosmetics company at the end of 2017Q2, valued at $33.91M, down from 578,128 at the end of the previous reported quarter. United Capital Financial Advisers Llc who had been investing in Colgate for a number of months, seems to be less bullish one the $64.28B market cap company. The stock decreased 1.41% or $1.05 during the last trading session, reaching $73.2. About 3.70M shares traded or 10.50% up from the average. Colgate-Palmolive Company (NYSE:CL) has risen 6.23% since December 7, 2016 and is uptrending. It has underperformed by 10.47% the S&P500.

United Capital Financial Advisers Llc, which manages about $9.56 billion and $11.17B US Long portfolio, upped its stake in Analog Devices Inc (NASDAQ:ADI) by 131,668 shares to 150,341 shares, valued at $11.70 million in 2017Q2, according to the filing. It also increased its holding in Chubb Ltd by 21,080 shares in the quarter, for a total of 119,374 shares, and has risen its stake in Ishares Core S&P 500 (IVV).

Analysts await Colgate-Palmolive Company (NYSE:CL) to report earnings on January, 26. They expect $0.75 earnings per share, 0.00 % or $0.00 from last year’s $0.75 per share. CL’s profit will be $658.58 million for 24.40 P/E if the $0.75 EPS becomes a reality. After $0.73 actual earnings per share reported by Colgate-Palmolive Company for the previous quarter, Wall Street now forecasts 2.74 % EPS growth.

More news for Colgate-Palmolive Company (NYSE:CL) were recently published by: Seekingalpha.com, which released: “Who Might Acquire Colgate-Palmolive?” on November 14, 2017. Bloomberg.com‘s article titled: “Colgate-Palmolive Settles Claims Over Asbestos in Its Talc” and published on November 10, 2017 is yet another important article.

Colgate-Palmolive Company (NYSE:CL) Ratings Coverage

Among 25 analysts covering Colgate-Palmolive (NYSE:CL), 5 have Buy rating, 1 Sell and 19 Hold. Therefore 20% are positive. Colgate-Palmolive had 60 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by UBS with “Neutral” on Friday, July 29. On Monday, October 16 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The company was reinitiated on Tuesday, November 15 by Wells Fargo. The company was downgraded on Monday, January 30 by Citigroup. Jefferies maintained Colgate-Palmolive Company (NYSE:CL) on Friday, July 21 with “Hold” rating. As per Wednesday, November 22, the company rating was maintained by KeyBanc Capital Markets. RBC Capital Markets maintained Colgate-Palmolive Company (NYSE:CL) rating on Friday, June 30. RBC Capital Markets has “Hold” rating and $7400 target. Zacks upgraded Colgate-Palmolive Company (NYSE:CL) on Friday, September 4 to “Hold” rating. The company was maintained on Tuesday, May 30 by Jefferies. The stock of Colgate-Palmolive Company (NYSE:CL) has “Buy” rating given on Thursday, April 14 by Citigroup.

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