Aua Capital Management LLC Has $129,000 Stake in Colgate-Palmolive Company (CL)
Aua Capital Management LLC continued to hold its position in Colgate-Palmolive Company (NYSE:CL) during the first quarter, Holdings Channel reports. The firm owned 1,760 shares of the company’s stock at the end of the first quarter. Aua Capital Management LLC’s holdings in Colgate-Palmolive were worth $129,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the company. American Beacon Advisors Inc. bought a new stake in Colgate-Palmolive during the first quarter worth approximately $102,000. Proficio Capital Partners LLC boosted its stake in Colgate-Palmolive by 16.9% in the first quarter. Proficio Capital Partners LLC now owns 1,432 shares of the company’s stock worth $107,000 after buying an additional 207 shares in the last quarter. Harbour Capital Advisors LLC bought a new stake in Colgate-Palmolive during the first quarter worth approximately $121,000. AlphaMark Advisors LLC boosted its stake in Colgate-Palmolive by 452.1% in the first quarter. AlphaMark Advisors LLC now owns 1,673 shares of the company’s stock worth $122,000 after buying an additional 1,370 shares in the last quarter. Finally, North Star Investment Management Corp. boosted its stake in Colgate-Palmolive by 3.9% in the first quarter. North Star Investment Management Corp. now owns 1,797 shares of the company’s stock worth $132,000 after buying an additional 67 shares in the last quarter. Institutional investors and hedge funds own 73.69% of the company’s stock.
Colgate-Palmolive Company (NYSE:CL) traded down 0.14% on Friday, reaching $71.20. The company’s stock had a trading volume of 1,031,256 shares. The company has a market capitalization of $62.72 billion, a price-to-earnings ratio of 26.46 and a beta of 0.80. The firm’s 50 day moving average price is $72.38 and its 200-day moving average price is $72.86. Colgate-Palmolive Company has a 1-year low of $63.43 and a 1-year high of $77.27. Colgate-Palmolive also was the recipient of unusually large options trading on Tuesday. Investors acquired 12,928 put options on the stock. This represents an increase of 560% compared to the average volume of 1,959 put options.
Colgate-Palmolive (NYSE:CL) last announced its earnings results on Friday, July 21st. The company reported $0.72 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.72. Colgate-Palmolive had a return on equity of 3,121.95% and a net margin of 15.83%. The firm had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.89 billion. During the same period in the previous year, the business earned $0.70 EPS. The firm’s revenue for the quarter was down .5% on a year-over-year basis. Equities analysts forecast that Colgate-Palmolive Company will post $2.89 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 15th. Investors of record on Tuesday, July 18th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, July 14th. This represents a $1.60 annualized dividend and a yield of 2.24%. Colgate-Palmolive’s dividend payout ratio (DPR) is 59.48%.
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CL has been the topic of a number of recent research reports. Bank of America Corporation increased their target price on Colgate-Palmolive from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Wednesday, May 31st. Zacks Investment Research raised Colgate-Palmolive from a “hold” rating to a “buy” rating and set a $83.00 target price on the stock in a research note on Tuesday, July 4th. Jefferies Group LLC increased their target price on Colgate-Palmolive from $76.00 to $77.00 and gave the stock a “hold” rating in a research note on Thursday, July 6th. Royal Bank Of Canada reissued a “hold” rating and issued a $74.00 target price on shares of Colgate-Palmolive in a research note on Monday, April 24th. Finally, 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. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and two have assigned a buy rating to the company. Colgate-Palmolive has a consensus rating of “Hold” and an average price target of $75.82.
In other Colgate-Palmolive news, SVP John J. Huston sold 14,000 shares of the business’s stock in a transaction dated Thursday, August 10th. The stock was sold at an average price of $71.36, for a total transaction of $999,040.00. Following the sale, the senior vice president now owns 88,598 shares in the company, valued at approximately $6,322,353.28. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Dennis J. Hickey sold 73,872 shares of the business’s stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $71.80, for a total value of $5,304,009.60. Following the sale, the chief financial officer now owns 484,985 shares in the company, valued at approximately $34,821,923. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 221,802 shares of company stock worth $15,983,976. 1.02% of the stock is owned by company insiders.
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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