5,135 Shares in The Clorox Company (NYSE:CLX) Bought by Elevate Capital Advisors LLC

Elevate Capital Advisors LLC acquired a new stake in shares of The Clorox Company (NYSE:CLX - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,135 shares of the company's stock, valued at approximately $834,000.

A number of other large investors also recently bought and sold shares of the company. Brooklyn Investment Group raised its position in shares of Clorox by 163.8% during the 4th quarter. Brooklyn Investment Group now owns 153 shares of the company's stock valued at $25,000 after acquiring an additional 95 shares in the last quarter. Prospera Private Wealth LLC bought a new stake in Clorox during the third quarter valued at $27,000. Continuum Advisory LLC raised its holdings in shares of Clorox by 300.0% during the third quarter. Continuum Advisory LLC now owns 184 shares of the company's stock worth $30,000 after purchasing an additional 138 shares during the period. Carolina Wealth Advisors LLC bought a new position in shares of Clorox in the 3rd quarter worth about $48,000. Finally, Friedenthal Financial acquired a new position in shares of Clorox in the 3rd quarter valued at about $49,000. Institutional investors own 78.53% of the company's stock.

Clorox Price Performance

Shares of NYSE:CLX traded up $2.12 during trading on Thursday, reaching $150.77. The company had a trading volume of 1,146,565 shares, compared to its average volume of 1,334,095. The firm's fifty day moving average is $159.93 and its 200 day moving average is $159.19. The company has a debt-to-equity ratio of 20.52, a quick ratio of 0.62 and a current ratio of 0.94. The firm has a market capitalization of $18.66 billion, a PE ratio of 41.19, a price-to-earnings-growth ratio of 2.52 and a beta of 0.42. The Clorox Company has a twelve month low of $127.60 and a twelve month high of $171.37.

Clorox (NYSE:CLX - Get Free Report) last released its earnings results on Monday, February 3rd. The company reported $1.55 earnings per share for the quarter, topping analysts' consensus estimates of $1.39 by $0.16. Clorox had a return on equity of 316.87% and a net margin of 6.38%. During the same period in the prior year, the business earned $2.16 earnings per share. On average, equities analysts forecast that The Clorox Company will post 7.15 EPS for the current year.

Clorox Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Wednesday, January 29th will be given a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.24%. The ex-dividend date of this dividend is Wednesday, January 29th. Clorox's dividend payout ratio (DPR) is presently 133.33%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on CLX shares. JPMorgan Chase & Co. increased their price objective on shares of Clorox from $171.00 to $173.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 4th. Royal Bank of Canada reissued a "sector perform" rating and issued a $150.00 price target on shares of Clorox in a report on Thursday, January 30th. StockNews.com downgraded Clorox from a "buy" rating to a "hold" rating in a research note on Sunday, January 5th. Barclays increased their target price on Clorox from $130.00 to $140.00 and gave the stock an "underweight" rating in a research report on Wednesday, February 5th. Finally, Evercore ISI boosted their price target on shares of Clorox from $145.00 to $155.00 in a report on Tuesday, February 4th. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, Clorox presently has an average rating of "Hold" and a consensus price target of $158.21.

Clorox Company Profile

The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Health and Wellness, Household, Lifestyle, and International. The Health and Wellness segment offers cleaning products, such as laundry additives and home care products primarily under the Clorox, Clorox2, Scentiva, Pine-Sol, Liquid-Plumr, Tilex, and Formula 409 brands; professional cleaning and disinfecting products under the CloroxPro and Clorox Healthcare brands; professional food service products under the Hidden Valley brand; and vitamins, minerals and supplement products under the RenewLife, Natural Vitality, NeoCell, and Rainbow Light brands in the United States.