Harel Insurance Investments & Financial Services Ltd. Will Sell 6,352 Shares of Colgate-Palmolive (NYSE:CL)


Harel Insurance Investments & Financial Services Limited share price history in Colgate-PalmoliveNYSE: CLGet Votesand 88.1% in the first quarter, HoldingsChannel.com reports. The fund owned 857 shares of the company’s stock after selling 6,352 shares during the period. Harel Insurance Investments & Financial Services Ltd. in Colgate-Palmolive were worth $65,000 at the end of the most recent reporting period.

Some hedge funds and other investment institutions have bought and resold shares of the company. Horan Securities Inc. bought a new position in Colgate-Palmolive in the fourth quarter valued at approximately $30,000. TAP Consulting LLC bought a new position in Colgate-Palmolive during the fourth quarter valued at about $40,000. Widmann Financial Services Inc. purchased a new position in Colgate-Palmolive in the fourth quarter valued at about $42,000. Riverview Trust Co purchased a new position in Colgate-Palmolive during the first quarter valued at about $38,000. Finally, Shore Point Advisors LLC bought a new position in Colgate-Palmolive in the fourth quarter valued at approximately $43,000. Institutional investors own 78.12% of the company’s stock.

Purchasing and Internal Marketing at Colgate-Palmolive

In other news, insider John W. Kooyman sold 19,683 shares of the business’s stock in a transaction that occurred on Monday, May 16. The stock was sold at a price of $78.49, for a total transaction of $1,544,918.67. Following the completion of the sale, the shareholder now owns 7,007 shares in the company, valued at $549,979.43. The transaction was disclosed in a filing with the SEC, which is available at This hyperlink. In other news, insider John W. Kooyman sold 19,683 shares of the business’s stock in a transaction that occurred on Monday, May 16th. The stock was sold at a price of $78.49, for a total transaction of $1,544,918.67. Following the completion of the sale, the shareholder now owns 7,007 shares in the company, valued at $549,979.43. The transaction was disclosed in a filing with the SEC, which is available at This hyperlink. Also, VP Philip G. Shotts sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, May 16. The shares were sold at an average price of $78.52, for a total value of $785,200.00. Following the sale, the vice president now owns 46,094 shares of the company’s stock, valued at approximately $3,619,300.88. Disclosures for these products can be found Here. Over the last three months, insiders have sold 79,683 shares of company stock valued at $6,297,119. 0.31% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

CL has been the subject of several recent reports. Atlantic Securities lowered Colgate-Palmolive from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $92.00 to $80.00 in a research note on Tuesday, May 3rd. Barclays cut their target price on Colgate-Palmolive from $77.00 to $71.00 and set an “equal weight” rating on the stock in a research note on Monday, May 23rd. StockNews.com lowered Colgate-Palmolive from a “buy” rating to a “hold” rating in a research note on Wednesday, April 13th. Deutsche Bank Aktiengesellschaft cut their price objective on Colgate-Palmolive from $88.00 to $87.00 in a research note on Tuesday, July 19th. Finally, TheStreet raised Colgate-Palmolive from a “c+” rating to a “b” rating in a research note on Friday, April 29th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a price target of $83.93.

Colgate-Palmolive Price Performance

Sections a CL opened at $77.47 on Monday. Colgate-Palmolive has a 52-week low of $72.20 and a 52-week high of $85.61. The company has a debt ratio of 10.42, a quick ratio of 0.67 and a current ratio of 1.09. The 50-day moving average is $77.88 and the 200-day moving average is $78.51. The company has a market cap of $64.92 billion, a PE ratio of 32.01, a price-to-earnings-growth ratio of 5.53 and a beta of 0.51.

Colgate-PalmoliveNYSE: CLGet Votes) last reported its quarterly earnings results on Friday, April 29. The company reported $0.74 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.74. Colgate-Palmolive had a profit margin of 296.77% and a margin of 11.70%. The company had revenue of $4.40 billion for the quarter, compared to analyst estimates of $4.40 billion. During the same period last year, the company earned $0.80 per share. The company’s revenue was up 1.3% compared to the same quarter last year. On average, analysts expect that Colgate-Palmolive will post 3.04 EPS for the current year.

Colgate-Palmolive Dividend Company Recommendations

The company also announced a quarterly dividend, which will be paid on Monday, August 15th. Shareholders of record on Thursday, July 21st will be given a $0.47 dividend. The company paid $1.88 per share during the last period and the annual yield was 2.43 %. The previous payment date is Wednesday, July 20. The price of shares Colgate-Palmolive Company Limited is 77.69 %.

History of Colgate-Palmolive Company

(Get Votes)

The Colgate-Palmolive Company, together with its subsidiaries, manufactures and sells consumer products worldwide. The company operates in two divisions, Oral, Personal and Home Care; and Pet Nutrition. The Oral, Personal and Home Care segment offers toothpaste, mouthwash, bar and hand soaps, shower gels, shampoos, conditioners, conditioners and antiperspirants, skin products, dish detergents, laundry detergents, ‘houses, etc.

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Want to see other hedge funds holding CL? Go to HoldingsChannel.com to access the latest 13F filings and insider trading for Colgate-Palmolive (NYSE: CLGet Votes).



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