NN Investment Partners Holdings N.V. increased its position in shares of Colgate-Palmolive Company (NYSE:CL) by 242.2% during the fourth quarter, Holdings Channel reports. The fund owned 460,636 shares of the company’s stock after buying an additional 326,007 shares during the period. NN Investment Partners Holdings N.V.’s holdings in Colgate-Palmolive Company were worth $30,145,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Quadrant Capital Group LLC increased its position in shares of Colgate-Palmolive Company by 200.6% in the third quarter. Quadrant Capital Group LLC now owns 1,485 shares of the company’s stock valued at $103,000 after buying an additional 991 shares in the last quarter. Bruderman Asset Management LLC increased its position in shares of Colgate-Palmolive Company by 0.3% in the third quarter. Bruderman Asset Management LLC now owns 1,556 shares of the company’s stock valued at $115,000 after buying an additional 4 shares in the last quarter. Itau Unibanco Holding S.A. acquired a new position in shares of Colgate-Palmolive Company during the third quarter valued at about $118,000. Concannon Wealth Management LLC increased its position in shares of Colgate-Palmolive Company by 33.8% in the third quarter. Concannon Wealth Management LLC now owns 1,605 shares of the company’s stock valued at $119,000 after buying an additional 405 shares in the last quarter. Finally, FCM Investments TX increased its position in shares of Colgate-Palmolive Company by 38.9% in the third quarter. FCM Investments TX now owns 2,500 shares of the company’s stock valued at $185,000 after buying an additional 700 shares in the last quarter. Institutional investors own 73.24% of the company’s stock.

Institutional Ownership by Quarter for Colgate-Palmolive Company (NYSE:CL)

Shares of Colgate-Palmolive Company (NYSE:CL) opened at 69.00 on Friday. The firm’s 50-day moving average is $66.61 and its 200 day moving average is $69.81. Colgate-Palmolive Company has a 52 week low of $63.43 and a 52 week high of $75.38. The firm has a market capitalization of $61.25 billion, a P/E ratio of 25.37 and a beta of 0.70.

Colgate-Palmolive Company (NYSE:CL) last issued its quarterly earnings data on Friday, January 27th. The company reported $0.75 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.75. The firm had revenue of $3.72 billion for the quarter, compared to analysts’ expectations of $3.87 billion. Colgate-Palmolive Company had a net margin of 16.06% and a return on equity of 4,897.09%. The company’s quarterly revenue was down 4.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.73 earnings per share. Equities research analysts forecast that Colgate-Palmolive Company will post $2.91 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 15th. Shareholders of record on Monday, January 23rd were paid a dividend of $0.39 per share. The ex-dividend date was Thursday, January 19th. This represents a $1.56 annualized dividend and a yield of 2.26%. Colgate-Palmolive Company’s dividend payout ratio is 57.35%.

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Several equities research analysts recently commented on CL shares. RBC Capital Markets set a $71.00 target price on Colgate-Palmolive Company and gave the stock a “hold” rating in a report on Monday, January 2nd. Barclays PLC reissued a “hold” rating and set a $63.00 target price on shares of Colgate-Palmolive Company in a report on Tuesday, January 10th. B. Riley reissued a “neutral” rating and set a $78.00 target price on shares of Colgate-Palmolive Company in a report on Wednesday, November 2nd. Zacks Investment Research cut Colgate-Palmolive Company from a “hold” rating to a “sell” rating in a report on Tuesday, December 27th. Finally, Wells Fargo & Company reissued a “market perform” rating on shares of Colgate-Palmolive Company in a report on Tuesday, November 15th. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $73.42.

In other Colgate-Palmolive Company news, insider Jennifer Daniels sold 868 shares of the company’s stock in a transaction dated Monday, January 9th. The shares were sold at an average price of $66.62, for a total transaction of $57,826.16. Following the sale, the insider now directly owns 36,813 shares of the company’s stock, valued at $2,452,482.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Stephen I. Sadove sold 8,000 shares of the company’s stock in a transaction dated Friday, February 3rd. The stock was sold at an average price of $66.00, for a total transaction of $528,000.00. Following the sale, the director now directly owns 33,761 shares in the company, valued at $2,228,226. The disclosure for this sale can be found here. Insiders have sold 23,607 shares of company stock worth $1,562,774 over the last ninety days. Insiders own 1.05% of the company’s stock.

About Colgate-Palmolive Company

Colgate-Palmolive Company (Colgate) is a consumer products company, whose products are marketed in over 200 countries and territories throughout the world. The Company’s segments include Oral, Personal and Home Care, and Pet Nutrition. The Oral, Personal and Home Care product segment is operated through over five geographic segments, which include North America, Latin America, Europe/South Pacific, Asia and Africa/Eurasia.

5 Day Chart for NYSE:CL

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