9,113 Shares in Colgate-Palmolive (NYSE:CL) Purchased by Matauro LLC

Matauro LLC acquired a new stake in Colgate-Palmolive (NYSE:CL) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 9,113 shares of the company’s stock, valued at approximately $828,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of CL. Swedbank AB raised its stake in Colgate-Palmolive by 1.4% in the third quarter. Swedbank AB now owns 2,950,059 shares of the company’s stock valued at $306,246,000 after buying an additional 40,324 shares during the period. Sequoia Financial Advisors LLC grew its position in shares of Colgate-Palmolive by 0.6% in the third quarter. Sequoia Financial Advisors LLC now owns 20,392 shares of the company’s stock valued at $2,117,000 after purchasing an additional 113 shares during the last quarter. Private Advisor Group LLC grew its position in shares of Colgate-Palmolive by 5.4% in the third quarter. Private Advisor Group LLC now owns 68,952 shares of the company’s stock valued at $7,158,000 after purchasing an additional 3,543 shares during the last quarter. International Assets Investment Management LLC grew its position in shares of Colgate-Palmolive by 13,776.8% in the third quarter. International Assets Investment Management LLC now owns 435,871 shares of the company’s stock valued at $45,248,000 after purchasing an additional 432,730 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. grew its position in shares of Colgate-Palmolive by 4.2% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 20,975 shares of the company’s stock valued at $2,177,000 after purchasing an additional 851 shares during the last quarter. Institutional investors own 80.41% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on CL shares. TD Cowen decreased their target price on Colgate-Palmolive from $110.00 to $100.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. Raymond James reaffirmed an “outperform” rating and issued a $105.00 target price (down previously from $110.00) on shares of Colgate-Palmolive in a research report on Monday, February 3rd. Wells Fargo & Company reduced their price target on Colgate-Palmolive from $92.00 to $83.00 and set an “underweight” rating on the stock in a research report on Tuesday, January 7th. Barclays reduced their price target on Colgate-Palmolive from $96.00 to $83.00 and set an “equal weight” rating on the stock in a research report on Friday, January 17th. Finally, UBS Group reduced their price target on Colgate-Palmolive from $104.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, February 3rd. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $101.16.

Colgate-Palmolive Stock Up 1.9 %

Shares of CL opened at $89.56 on Friday. The stock has a market capitalization of $72.68 billion, a price-to-earnings ratio of 25.44, a PEG ratio of 4.18 and a beta of 0.44. The company has a debt-to-equity ratio of 13.40, a quick ratio of 0.58 and a current ratio of 0.92. Colgate-Palmolive has a 52 week low of $84.45 and a 52 week high of $109.30. The stock has a fifty day moving average of $88.94 and a 200-day moving average of $95.91.

Colgate-Palmolive (NYSE:CL) last announced its earnings results on Friday, January 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.01. Colgate-Palmolive had a return on equity of 477.77% and a net margin of 14.38%. During the same quarter last year, the company posted $0.87 earnings per share. As a group, sell-side analysts anticipate that Colgate-Palmolive will post 3.75 earnings per share for the current fiscal year.

Colgate-Palmolive Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Tuesday, January 21st were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.23%. The ex-dividend date was Tuesday, January 21st. Colgate-Palmolive’s dividend payout ratio is currently 56.82%.

About Colgate-Palmolive

Colgate-Palmolive Company, together with its subsidiaries, manufactures and sells consumer products in the United States and internationally. It operates through two segments: Oral, Personal and Home Care; and Pet Nutrition. The Oral, Personal and Home Care segment offers toothpaste, toothbrushes, mouthwash, bar and liquid hand soaps, shower gels, shampoos, conditioners, deodorants and antiperspirants, skin health products, dishwashing detergents, fabric conditioners, household cleaners, and other related items.