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Premier Fund Managers increased Colgate-Palmolive holdings, despite stock having a "Hold" rating.
Premier Fund Managers Ltd has significantly increased its holdings in Colgate-Palmolive by acquiring 37,843 additional shares in the fourth quarter, raising its total to 48,141 shares worth $4.37 million.
Colgate-Palmolive reported a strong quarter with earnings of $0.91 per share, slightly beating analyst estimates.
The company, known for its consumer products, has a market cap of $75.68 billion and a P/E ratio of 26.49.
Despite this, Colgate-Palmolive's stock has a "Hold" rating from analysts with a target price of $102.06.
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Premier Fund Managers aumentó las tenencias de Colgate-Palmolive, a pesar de que las acciones tienen una calificación de "Retención".