Shares of Colgate-Palmolive Company (NYSE:CL) Sees Large Inflow of Net Money Flow

Colgate-Palmolive Company (NYSE:CL) witnessed a selling pressure and the shares last traded with a loss of -0.18 points or -0.25% at $71.94. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $1.65 million with an inflow of $13.16 million in upticks and an outflow of $11.51 million in downticks. Using the data, the up/down ratio is found to be 1.14. The share price has recorded 0.47% on a weekly basis.A block trade of $2.96 million in uptick and $0 million in downtick was also observed, resulting in an up/down ratio of 0. The net money flow of the block trade stood at a $2.96, signaling heavy buying.


Currently the company Insiders own 1.05% of Colgate-Palmolive Company shares according to the proxy statements. Institutional Investors own 75.37% of Colgate-Palmolive Company shares. During last six month period, the net percent change held by insiders has seen a change of -7.65%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Verduin Patricia, officer (Chief Technology Officer) of Colgate Palmolive Co, had unloaded 3,666 shares at an average price of $71.59 in a transaction dated on May 16, 2016. The total value of the transaction was worth $262,449.

Colgate-Palmolive Company (NYSE:CL) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.45 points or 0.62% at $71.67 with 2,886,999 shares getting traded. Post opening the session at $72.15, the shares hit an intraday low of $71.66 and an intraday high of $72.45 and the price was in this range throughout the day. The company has a market cap of $64,003 million and the number of outstanding shares have been calculated to be 893,017,690 shares. The 52-week high of Colgate-Palmolive Company (NYSE:CL) is $72.72 and the 52-week low is $50.84.

Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm Goldman Sachs upgrades its rating on Colgate-Palmolive Company (NYSE:CL). The rating major has initiated the coverage with neutral rating on the shares. Earlier, the shares were rated a Sell by the brokerage firm. The Analysts at Goldman Sachs raises the price target from $62 per share to $75 per share. The rating by the firm was issued on May 2, 2016.

Colgate-Palmolive Company (Colgate) is a consumer products company, whose products are marketed in more than 200 countries and territories throughout the world. 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: North America, Latin America, Europe/South Pacific, Asia and Africa/Eurasia. The Companys oral care products include Colgate Total; Colgate Sensitive Pro-Relief; Colgate Max Fresh; Colgate Optic White and Colgate Luminous White toothpastes, among others. The Company sells its personal care products under the Palmolive, Protex and Softsoap brands. The Company, through its Hills Pet Nutrition segment (Hills), manufactures pet nutrition products for dogs and cats.

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