Mitsubishi UFJ Asset Management Co. Ltd. Grows Position in Colgate-Palmolive Company $CL

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Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Colgate-Palmolive Company by 5.7% during the 3rd quarter, now owning 1,724,756 shares valued at $137.88 million. Other institutional investors also adjusted their positions, while company insiders sold a significant number of shares totaling over $4.8 million. Analysts currently rate Colgate-Palmolive as a “Moderate Buy” with a consensus target price of $94.75.

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