As Colgate Palmolive Co (CL) Share Value Declined, Holder Evercore Wealth Management Decreased Its Holding by $362,076; As Albemarle (ALB) Stock Declined, Investment Management Of Virginia Boosted Holding by $759,825

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Evercore Wealth Management Llc decreased its stake in Colgate Palmolive Co (CL) by 10.14% based on its latest 2018Q3 regulatory filing with the SEC. Evercore Wealth Management Llc sold 5,486 shares as the company’s stock declined 5.39% with the market. The institutional investor held 48,616 shares of the package goods and cosmetics company at the end of 2018Q3, valued at $3.26 million, down from 54,102 at the end of the previous reported quarter. Evercore Wealth Management Llc who had been investing in Colgate Palmolive Co for a number of months, seems to be less bullish one the $53.08 billion market cap company. The stock increased 1.07% or $0.65 during the last trading session, reaching $61.2. About 2.05 million shares traded. Colgate-Palmolive Company (NYSE:CL) has declined 13.20% since January 9, 2018 and is downtrending. It has underperformed by 13.20% the S&P500. Some Historical CL News: 11/05/2018 – Colgate-Palmolive Tour Scheduled By Consumer Edge for May. 17; 30/04/2018 – Colgate-Palmolive Webcasts Presentation at its 2018 Annual Meeting of Stockholders May 11, 2018 – 10:00 a.m. ET; 27/04/2018 – Colgate’s sales disappoint on tepid emerging market demand; 19/03/2018 – Colgate-Palmolive (CL), Estee Lauder (EL) on Watch Amid Rumors; 07/03/2018 – COLGATE REPORTS 5% DIV BOOST – EFFECTIVE 2Q 2018; 21/05/2018 – COLGATE INDIA 4Q TOTAL COSTS 8.25B RUPEES; 22/05/2018 – P&G, Colgate and Clorox were last this cheap on a relative basis to the market seven to nine years ago; 07/03/2018 – Colgate Recommends Hldrs Reject ‘Mini-Tender’ Offer by Baker Mills LLC; 21/05/2018 – COLGATE INDIA 4Q REV. 10.9B RUPEES, EST. 11.50B; 19/03/2018 – COLGATE CONTINUES TO RECOMMEND HOLDERS REJECT “MINI-TENDER”

Investment Management Of Virginia Llc increased its stake in Albemarle Corporation (ALB) by 13.69% based on its latest 2018Q3 regulatory filing with the SEC. Investment Management Of Virginia Llc bought 7,675 shares as the company’s stock declined 8.57% with the market. The institutional investor held 63,740 shares of the major chemicals company at the end of 2018Q3, valued at $6.36 million, up from 56,065 at the end of the previous reported quarter. Investment Management Of Virginia Llc who had been investing in Albemarle Corporation for a number of months, seems to be bullish on the $8.13 billion market cap company. The stock decreased 1.00% or $0.77 during the last trading session, reaching $76.56. About 436,280 shares traded. Albemarle Corporation (NYSE:ALB) has declined 31.02% since January 9, 2018 and is downtrending. It has underperformed by 31.02% the S&P500. Some Historical ALB News: 19/04/2018 – ALBEMARLE DECLARES FORCE MAJEURE DUE TO SHORTAGE OF KEY RAW; 17/04/2018 – Soaring Demand for Lithium Fuels Exploration and Production Race; 19/04/2018 – Albemarle Declares Force Majeure Due to Shortage of Key Raw Materials in Urethane Supply Chain; 19/04/2018 – LARA: Albemarle Corporation in South Haven Named a MIOSHA Star Site a Second Time for Exemplary Worker Safety; 07/05/2018 – Albemarle Corp expected to post earnings of $1.21 a share – Earnings Preview; 16/04/2018 – Albemarle Corporation Announces Appointment of Dr. Glen Merfeld, Chief Technology Officer for Lithium Business; 24/04/2018 – Albemarle at Goldman Sachs Basic Materials Conference May 15; 17/05/2018 – Fitch Upgrades Albemarle Corp.’s IDR to ‘BBB’/’F2’; 19/04/2018 – ALBEMARLE CORP – DOES NOT EXPECT FORCE MAJEURE TO AFFECT PREVIOUSLY COMMUNICATED FULL-YEAR GUIDANCE FOR COMPANY; 07/05/2018 – East Coast Wings + Grill Signs Deal for new Restaurant in Albemarle, N.C

Investment Management Of Virginia Llc, which manages about $473.17M US Long portfolio, decreased its stake in Green Dot Corp (NYSE:GDOT) by 4,770 shares to 23,109 shares, valued at $2.05 million in 2018Q3, according to the filing. It also reduced its holding in Robert Half Int’l Inc. (NYSE:RHI) by 11,940 shares in the quarter, leaving it with 26,446 shares, and cut its stake in Cisco Systems (NASDAQ:CSCO).

Among 26 analysts covering Albemarle Corporation (NYSE:ALB), 18 have Buy rating, 2 Sell and 6 Hold. Therefore 69% are positive. Albemarle Corporation had 87 analyst reports since August 7, 2015 according to SRatingsIntel. As per Tuesday, April 17, the company rating was maintained by RBC Capital Markets. The company was maintained on Wednesday, April 5 by Jefferies. The firm earned “Buy” rating on Friday, August 5 by Deutsche Bank. Jefferies maintained it with “Buy” rating and $156.0 target in Monday, October 23 report. The firm has “Overweight” rating given on Thursday, March 1 by KeyBanc Capital Markets. Robert W. Baird maintained it with “Buy” rating and $12500 target in Tuesday, April 17 report. The stock of Albemarle Corporation (NYSE:ALB) has “Underweight” rating given on Monday, February 26 by Morgan Stanley. The firm has “Hold” rating by Robert W. Baird given on Wednesday, November 1. The rating was upgraded by Seaport Global to “Buy” on Tuesday, March 6. On Wednesday, August 9 the stock rating was downgraded by SunTrust to “Hold”.

More important recent Albemarle Corporation (NYSE:ALB) news were published by: Streetinsider.com which released: “Albemarle (ALB) and Mineral Resources Limited to Form Lithium JV in Western Australia – StreetInsider.com” on December 14, 2018, also Seekingalpha.com published article titled: “Alemarle -2.5% as unexpected shutdowns at lithium plants hurt Q3 results – Seeking Alpha”, Seekingalpha.com published: “Lithium troubles for Albemarle in Chile? – Seeking Alpha” on December 24, 2018. More interesting news about Albemarle Corporation (NYSE:ALB) was released by: 247Wallst.com and their article: “Top Analyst Upgrades and Downgrades: AbbVie, Agilent, Albermarle, Apple, Boeing, Cheniere, First Solar, HCA, LabCorp, Lumber Liquidators, Teva and More – 24/7 Wall St.” with publication date: January 03, 2019.

Investors sentiment increased to 1.31 in 2018 Q3. Its up 0.09, from 1.22 in 2018Q2. It improved, as 36 investors sold ALB shares while 152 reduced holdings. 92 funds opened positions while 154 raised stakes. 95.38 million shares or 0.76% less from 96.11 million shares in 2018Q2 were reported. Canada Pension Plan Investment Board invested in 0% or 14,528 shares. Hsbc Public Limited Company invested in 97,870 shares. Horrell Capital Mgmt holds 8 shares. Toronto Dominion Bancorp holds 0.01% or 70,741 shares in its portfolio. Bokf Na invested in 0.07% or 27,026 shares. Trustmark Fincl Bank Department has 0.01% invested in Albemarle Corporation (NYSE:ALB). Wafra reported 83,437 shares stake. 8 are owned by Cordasco Fin Network. Schwab Charles Invest Mngmt Incorporated, California-based fund reported 420,008 shares. Grp reported 41,712 shares stake. Alpine Woods Capital Limited Liability Com reported 0.8% stake. Signature Financial Inc has 0.04% invested in Albemarle Corporation (NYSE:ALB) for 2,000 shares. Moreover, Sterling Limited Liability Corp has 0.03% invested in Albemarle Corporation (NYSE:ALB). Palladium Prtn Ltd Liability Com holds 0.01% in Albemarle Corporation (NYSE:ALB) or 2,050 shares. Parametric Port Assoc Ltd Liability holds 186,739 shares or 0.02% of its portfolio.

Since September 4, 2018, it had 0 insider purchases, and 4 insider sales for $946,350 activity. On Friday, January 4 Tozier Scott sold $249,221 worth of Albemarle Corporation (NYSE:ALB) or 3,343 shares.

Another recent and important Colgate-Palmolive Company (NYSE:CL) news was published by Seekingalpha.com which published an article titled: “Innovation Is The Key For Colgate – Seeking Alpha” on August 13, 2014.

Evercore Wealth Management Llc, which manages about $4.87B and $3.13 billion US Long portfolio, upped its stake in Caterpillar Inc Del (NYSE:CAT) by 2,369 shares to 10,139 shares, valued at $1.55M in 2018Q3, according to the filing. It also increased its holding in Ishares Tr (DVY) by 5,098 shares in the quarter, for a total of 26,164 shares, and has risen its stake in Blackrock Inc (NYSE:BLK).

Investors sentiment decreased to 0.8 in 2018 Q3. Its down 0.01, from 0.81 in 2018Q2. It turned negative, as 37 investors sold CL shares while 441 reduced holdings. 90 funds opened positions while 291 raised stakes. 607.72 million shares or 0.75% less from 612.32 million shares in 2018Q2 were reported. Headinvest Ltd Limited Liability Company invested in 7,260 shares or 0.14% of the stock. State Street reported 54.69 million shares stake. Elm Advisors invested in 4,405 shares or 0.2% of the stock. Fil Ltd invested in 0.39% or 3.92M shares. New York-based M&R Mngmt has invested 0.53% in Colgate-Palmolive Company (NYSE:CL). Mackay Shields Limited Liability has invested 0.08% in Colgate-Palmolive Company (NYSE:CL). Wagner Bowman Corporation accumulated 0.37% or 22,738 shares. Fifth Third National Bank has invested 0.05% of its portfolio in Colgate-Palmolive Company (NYSE:CL). Tobam holds 75,021 shares. Janney Mgmt Ltd has 0.11% invested in Colgate-Palmolive Company (NYSE:CL). Investec Asset North America Inc holds 0.04% of its portfolio in Colgate-Palmolive Company (NYSE:CL) for 6,417 shares. Wms Ltd Liability holds 0.05% or 6,537 shares in its portfolio. Tiverton Asset Management Ltd holds 0.03% of its portfolio in Colgate-Palmolive Company (NYSE:CL) for 10,580 shares. Boston Family Office Limited Liability holds 49,897 shares or 0.35% of its portfolio. Manikay Limited Liability Corp has invested 2.81% in Colgate-Palmolive Company (NYSE:CL).

Among 27 analysts covering Colgate-Palmolive (NYSE:CL), 4 have Buy rating, 2 Sell and 21 Hold. Therefore 15% are positive. Colgate-Palmolive had 85 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Hold” rating in Friday, November 10 report. The stock of Colgate-Palmolive Company (NYSE:CL) earned “Hold” rating by KeyBanc Capital Markets on Wednesday, August 23. The firm has “Neutral” rating by UBS given on Friday, July 31. Barclays Capital maintained Colgate-Palmolive Company (NYSE:CL) rating on Monday, March 21. Barclays Capital has “Equal-Weight” rating and $70 target. As per Monday, January 4, the company rating was downgraded by RBC Capital Markets. Citigroup maintained the stock with “Buy” rating in Friday, July 29 report. The stock has “Neutral” rating by UBS on Friday, April 29. The stock of Colgate-Palmolive Company (NYSE:CL) has “Hold” rating given on Friday, March 24 by RBC Capital Markets. The stock of Colgate-Palmolive Company (NYSE:CL) earned “Hold” rating by S&P Research on Monday, November 2. The stock has “Outperform” rating by BNP Paribas on Friday, January 15.

Since July 16, 2018, it had 0 insider purchases, and 7 selling transactions for $12.09 million activity. Deoras Mukul sold 11,334 shares worth $737,863. 1,015 shares were sold by JAKOBSEN HENNING I, worth $68,060. HICKEY DENNIS J also sold $7.89M worth of Colgate-Palmolive Company (NYSE:CL) on Tuesday, August 14. Another trade for 15,000 shares valued at $978,572 was sold by MOISON FRANCK J. 19,500 shares were sold by Marsili Daniel B, worth $1.28M.

Analysts await Colgate-Palmolive Company (NYSE:CL) to report earnings on January, 25 before the open. They expect $0.73 earnings per share, down 2.67% or $0.02 from last year’s $0.75 per share. CL’s profit will be $633.14M for 20.96 P/E if the $0.73 EPS becomes a reality. After $0.72 actual earnings per share reported by Colgate-Palmolive Company for the previous quarter, Wall Street now forecasts 1.39% EPS growth.

Albemarle Corporation (NYSE:ALB) Institutional Positions Chart