Raptor Pharmaceutical, Colgate-Palmolive Company & Others: Here’s Why These Stocks Are Trending Today

Manchester United PLC (NYSE:MANU) is in the spotlight on the back of the company reporting its fiscal fourth-quarter and full-year results. Manchester United’s earnings per share for the quarter stood at £5.31 ($7.08), below the consensus estimate of £6.50 per share, while revenue of £134.5 million, exceeded the expectations of £126.96 million. The number of funds from our database long Manchester United PLC remained steady at nine during the second quarter, but the total value of their holdings increased to $103 million from $94 million.

Colgate-Palmolive Company (NYSE:CL)’s shares inched up after Bank of America Merrill Lynch analysts upgraded the stock to ‘Buy’ from ‘Neutral’, while their price target was raised to $80 from $78. The analysts consider that Colgate-Palmolive’s bottom line is positioned to grow at double-digits. A total of 36 funds tracked by our team held shares of Colgate-Palmolive Company at the end of June, unchanged over the quarter. However, the total value of their positions went up to $2.23 billion from $2.21 billion and represented 3.40% of its outstanding stock at the end of the quarter.

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