Alliancebernstein L.P. Raises Stock Position in Colgate-Palmolive Company $CL

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Alliancebernstein L.P. increased its holdings in Colgate-Palmolive Company by 18.3% in the third quarter, owning 2.46 million shares worth $196.7 million. Other institutional investors like ProShare Advisors LLC and Vanguard Group Inc. also adjusted their stakes. Insiders sold a significant number of shares recently, while analysts generally hold a “Moderate Buy” rating with a consensus price target of $94.75.

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