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HighTower Advisors LLC Sells 49,628 Shares of Colgate-Palmolive Company $CL
HighTower Advisors LLC reduced its stake in Colgate-Palmolive Company by 5.5% in the third quarter, selling 49,628 shares and retaining 850,689 shares valued at $68,004,000. Other institutional investors also adjusted their holdings, with Vanguard Group Inc. significantly increasing its position. Colgate-Palmolive (NYSE:CL) reported strong third-quarter earnings, beating analyst estimates, and announced a quarterly dividend of $0.52 per share.