Undervalued Growth Stocks: Colgate-Palmolive (NYSE:CL) and Automatic Data Processing (NASDAQ:ADP)

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Empirical Finance LLC grew its holdings in shares of Colgate-Palmolive (NYSE:CL) by 54.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,983 shares of the company’s stock after purchasing an additional 1,765 shares during the quarter. Empirical Finance LLC’s holdings in Colgate-Palmolive were worth $331,000 at the end of the most recent reporting period.

CL stock closed at $73.42 on Friday. The company has a quick ratio of 0.69, a current ratio of 1.03 and a debt-to-equity ratio of 13.14. The firm has a market capitalization of $62.28 billion, a PE ratio of 26.70, a PEG ratio of 4.44 and a beta of 0.62. Colgate-Palmolive has a twelve month low of $58.49 and a twelve month high of $77.41. The stock has a 50-day simple moving average of $68.26 and a two-hundred day simple moving average of $69.53.

Empirical Finance LLC raised its stake in shares of Automatic Data Processing (NASDAQ:ADP) by 54.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,527 shares of the business services provider’s stock after acquiring an additional 895 shares during the period. Empirical Finance LLC’s holdings in Automatic Data Processing were worth $345,000 as of its most recent SEC filing.

Shares of NASDAQ ADP closed at $141.08 on Friday. Automatic Data Processing has a 52 week low of $103.11 and a 52 week high of $182.32. The business has a 50-day simple moving average of $139.32 and a two-hundred day simple moving average of $161.90. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.25. The company has a market cap of $59.12 billion, a P/E ratio of 24.93, a P/E/G ratio of 1.91 and a beta of 0.90