Campbell & Company Investment Adviser Stake in China Mobile Limited (CHL) Cut as Stock Declined; As Colgate Palmolive Co (CL) Valuation Rose, Shareholder Davide Leone & Partners Investment Company Llp Has Trimmed Holding by $22.77 Million

February 13, 2018 - By Linda Rogers

Davide Leone & Partners Investment Company Llp decreased its stake in Colgate Palmolive Co (CL) by 35.85% based on its latest 2017Q3 regulatory filing with the SEC. Davide Leone & Partners Investment Company Llp sold 316,211 shares as the company’s stock rose 3.95% with the market. The institutional investor held 565,789 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $41.22M, down from 882,000 at the end of the previous reported quarter. Davide Leone & Partners Investment Company Llp who had been investing in Colgate Palmolive Co for a number of months, seems to be less bullish one the $61.63 billion market cap company. The stock increased 0.62% or $0.43 during the last trading session, reaching $70.19. About 3.46 million shares traded. Colgate-Palmolive Company (NYSE:CL) has risen 6.23% since February 13, 2017 and is uptrending. It has underperformed by 10.47% the S&P500.

Campbell & Company Investment Adviser Llc decreased its stake in China Mobile Limited (CHL) by 63.02% based on its latest 2017Q3 regulatory filing with the SEC. Campbell & Company Investment Adviser Llc sold 8,898 shares as the company’s stock declined 1.23% while stock markets rallied. The hedge fund held 5,221 shares of the telecommunications equipment company at the end of 2017Q3, valued at $264,000, down from 14,119 at the end of the previous reported quarter. Campbell & Company Investment Adviser Llc who had been investing in China Mobile Limited for a number of months, seems to be less bullish one the $201.08B market cap company. The stock decreased 0.04% or $0.02 during the last trading session, reaching $47.97. About 1.28 million shares traded or 63.70% up from the average. China Mobile Limited (NYSE:CHL) has risen 3.24% since February 13, 2017 and is uptrending. It has underperformed by 13.46% the S&P500.

Among 6 analysts covering China Mobile (NYSE:CHL), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. China Mobile had 7 analyst reports since August 21, 2015 according to SRatingsIntel. Goldman Sachs maintained the stock with “Buy” rating in Wednesday, August 10 report. Jefferies maintained it with “Buy” rating and $76.13 target in Friday, August 21 report. Deutsche Bank upgraded China Mobile Limited (NYSE:CHL) on Tuesday, January 19 to “Buy” rating. The rating was initiated by Bank of America on Wednesday, August 30 with “Buy”. The rating was downgraded by Bernstein to “Mkt Perform” on Thursday, October 27. The company was downgraded on Friday, March 24 by HSBC.

Campbell & Company Investment Adviser Llc, which manages about $1.13 billion and $123.77 million US Long portfolio, upped its stake in Goldcorp Inc New (NYSE:GG) by 36,439 shares to 50,156 shares, valued at $650,000 in 2017Q3, according to the filing. It also increased its holding in Axogen Inc (NASDAQ:AXGN) by 18,166 shares in the quarter, for a total of 37,961 shares, and has risen its stake in Src Energy Inc.

Among 25 analysts covering Colgate-Palmolive (NYSE:CL), 6 have Buy rating, 1 Sell and 18 Hold. Therefore 24% are positive. Colgate-Palmolive had 65 analyst reports since July 21, 2015 according to SRatingsIntel. Citigroup maintained Colgate-Palmolive Company (NYSE:CL) rating on Tuesday, January 30. Citigroup has “Neutral” rating and $80 target. UBS maintained it with “Neutral” rating and $76 target in Friday, April 29 report. The rating was upgraded by SunTrust on Wednesday, October 11 to “Buy”. B. Riley & Co maintained it with “Neutral” rating and $78 target in Friday, October 28 report. The firm has “Buy” rating given on Monday, September 12 by Bank of America. The stock has “Outperform” rating by BNP Paribas on Monday, January 18. The stock of Colgate-Palmolive Company (NYSE:CL) has “Neutral” rating given on Monday, January 30 by Citigroup. The stock of Colgate-Palmolive Company (NYSE:CL) earned “Hold” rating by KeyBanc Capital Markets on Monday, October 16. The company was maintained on Thursday, January 4 by Jefferies. The stock of Colgate-Palmolive Company (NYSE:CL) has “Neutral” rating given on Thursday, November 2 by Citigroup.

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