Main Street Research Has Cut Its Colgate (CL) Holding, Shorts at Intest (NYSEMKT:INTT) Raised By 52.68%

June 20, 2017 - By Richard Conner

Intest Corporation (NYSEMKT:INTT) had an increase of 52.68% in short interest. INTT’s SI was 31,300 shares in June as released by FINRA. Its up 52.68% from 20,500 shares previously. With 134,000 avg volume, 0 days are for Intest Corporation (NYSEMKT:INTT)’s short sellers to cover INTT’s short positions. The SI to Intest Corporation’s float is 0.77%. It closed at $7.2 lastly. It is down 107.79% since June 20, 2016 and is uptrending. It has outperformed by 91.09% the S&P500.

Main Street Research Llc decreased Colgate (CL) stake by 84.73% reported in 2016Q4 SEC filing. Main Street Research Llc sold 83,662 shares as Colgate (CL)’s stock rose 3.95%. The Main Street Research Llc holds 15,078 shares with $987,000 value, down from 98,740 last quarter. Colgate now has $68.45B valuation. It closed at $76.9 lastly. It is down 6.23% since June 20, 2016 and is uptrending. It has underperformed by 10.47% the S&P500.

inTEST Corporation is an independent designer, maker and marketer of thermal, mechanical and electrical products that are used by semiconductor manufacturers in conjunction with automated test equipment , in the testing of integrated circuit (ICs). The company has market cap of $79.30 million. The Firm operates through three divisions: Thermal Products, Mechanical Products and Electrical Products. It has a 15.94 P/E ratio. The Company’s thermal products are sold into the environmental test market encompassing a range of markets, including the ATE, automotive, consumer electronics, defense/aerospace, energy, industrial and telecommunications markets.

Since March 10, 2017, it had 0 buys, and 10 insider sales for $2.76 million activity. Shares for $159,960 were sold by MATTHIESSEN ROBERT E on Friday, May 12. SATTERFIELD THOMAS A JR had sold 32,685 shares worth $270,656. $625,039 worth of inTEST Corporation (NYSEMKT:INTT) shares were sold by HOLT ALYN R. Thompson Kristen Holt also sold $201,618 worth of inTEST Corporation (NYSEMKT:INTT) shares.

Investors sentiment decreased to 0.8 in 2016 Q4. Its down 0.33, from 1.13 in 2016Q3. It dropped, as 7 investors sold inTEST Corporation shares while 3 reduced holdings. 2 funds opened positions while 6 raised stakes. 3.90 million shares or 0.75% more from 3.87 million shares in 2016Q3 were reported. Kennedy Mgmt has 193,467 shares for 0.02% of their portfolio. Lsv Asset Management has invested 0% in inTEST Corporation (NYSEMKT:INTT). California Employees Retirement Systems holds 0% or 31,576 shares in its portfolio. 61,618 are held by Hightower Advisors Ltd Limited Liability Company. Nokomis Limited Liability Com has 1.15% invested in inTEST Corporation (NYSEMKT:INTT) for 1.16 million shares. Vanguard stated it has 0% in inTEST Corporation (NYSEMKT:INTT). Geode Capital Mgmt invested in 36,180 shares or 0% of the stock. Grt Cap Prns Ltd Liability has 23,398 shares. Eagle Glob Advsrs Ltd Limited Liability Company accumulated 0% or 31,187 shares. Bard Associates accumulated 348,540 shares. Dimensional Fund Advsrs Limited Partnership reported 0% in inTEST Corporation (NYSEMKT:INTT). 26,364 are owned by Essex Invest Mgmt Lc. Wells Fargo And Mn accumulated 800 shares. James stated it has 8,175 shares or 0% of all its holdings. Blackrock Institutional Na reported 0% stake.

Among 21 analysts covering Colgate-Palmolive (NYSE:CL), 3 have Buy rating, 0 Sell and 18 Hold. Therefore 14% are positive. Colgate-Palmolive had 39 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Neutral” rating by BNP Paribas on Friday, July 29. The rating was downgraded by Citigroup on Monday, January 30 to “Neutral”. On Friday, September 9 the stock rating was initiated by KeyBanc Capital Markets with “Sector Weight”. B. Riley & Co maintained Colgate-Palmolive Company (NYSE:CL) on Friday, October 28 with “Neutral” rating. RBC Capital Markets maintained it with “Hold” rating and $74 target in Friday, May 26 report. As per Tuesday, November 15, the company rating was reinitiated by Wells Fargo. Zacks downgraded the shares of CL in report on Wednesday, August 5 to “Hold” rating. The firm has “Outperform” rating given on Tuesday, February 21 by BNP Paribas. UBS maintained the stock with “Neutral” rating in Friday, April 29 report. Jefferies maintained it with “Hold” rating and $78 target in Wednesday, April 19 report.

Since January 9, 2017, it had 0 insider purchases, and 20 insider sales for $15.99 million activity. Verduin Patricia had sold 3,833 shares worth $273,446. Gayle Helene D sold $19,066 worth of stock. 14,000 Colgate-Palmolive Company (NYSE:CL) shares with value of $932,999 were sold by HUSTON JOHN J. Marsili Daniel B sold 7,293 shares worth $533,556. THOMPSON DELIA H sold $270,546 worth of stock or 3,698 shares. On Monday, January 9 the insider Daniels Jennifer sold $57,827. MOISON FRANCK J sold $3.37M worth of Colgate-Palmolive Company (NYSE:CL) on Monday, February 13.

Analysts await Colgate-Palmolive Company (NYSE:CL) to report earnings on July, 27. They expect $0.72 earnings per share, up 2.86% or $0.02 from last year’s $0.7 per share. CL’s profit will be $640.88M for 26.70 P/E if the $0.72 EPS becomes a reality. After $0.67 actual earnings per share reported by Colgate-Palmolive Company for the previous quarter, Wall Street now forecasts 7.46% EPS growth.

Main Street Research Llc increased Ross Stores Inc (NASDAQ:ROST) stake by 17,420 shares to 91,519 valued at $6.00 million in 2016Q4. It also upped Broadcom Ltd stake by 6,002 shares and now owns 50,616 shares. Vanguard Total Stock Market Vi (VTI) was raised too.

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