Jackson Creek Investment Advisors LLC Invests $1.05 Million in The Clorox Company (NYSE:CLX)

Jackson Creek Investment Advisors LLC purchased a new position in shares of The Clorox Company (NYSE:CLX - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,452 shares of the company's stock, valued at approximately $1,048,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Brooklyn Investment Group raised its holdings in shares of Clorox by 163.8% in the 4th quarter. Brooklyn Investment Group now owns 153 shares of the company's stock valued at $25,000 after purchasing an additional 95 shares during the period. Prospera Private Wealth LLC bought a new position in shares of Clorox during the 3rd quarter worth approximately $27,000. Continuum Advisory LLC increased its holdings in shares of Clorox by 300.0% during the 3rd quarter. Continuum Advisory LLC now owns 184 shares of the company's stock worth $30,000 after acquiring an additional 138 shares during the last quarter. Asset Planning Inc acquired a new stake in Clorox during the 4th quarter valued at $32,000. Finally, Halbert Hargrove Global Advisors LLC bought a new position in Clorox during the fourth quarter worth $36,000. Institutional investors and hedge funds own 78.53% of the company's stock.

Analyst Upgrades and Downgrades

CLX has been the subject of a number of research reports. StockNews.com cut shares of Clorox from a "buy" rating to a "hold" rating in a research note on Sunday, January 5th. JPMorgan Chase & Co. boosted their price objective on Clorox from $171.00 to $173.00 and gave the stock a "neutral" rating in a report on Tuesday, February 4th. Wells Fargo & Company increased their target price on Clorox from $157.00 to $161.00 and gave the stock an "equal weight" rating in a research note on Tuesday, February 4th. DA Davidson dropped their price target on Clorox from $171.00 to $169.00 and set a "neutral" rating for the company in a report on Wednesday, February 5th. Finally, Royal Bank of Canada reissued a "sector perform" rating and set a $150.00 target price on shares of Clorox in a report on Thursday, January 30th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $159.62.

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Clorox Price Performance

Clorox stock traded up $1.67 during trading hours on Monday, reaching $152.70. 366,183 shares of the stock were exchanged, compared to its average volume of 1,204,510. The stock has a 50 day moving average of $155.65 and a two-hundred day moving average of $160.47. The company has a market cap of $18.81 billion, a P/E ratio of 41.78, a price-to-earnings-growth ratio of 2.62 and a beta of 0.45. The company has a current ratio of 0.94, a quick ratio of 0.60 and a debt-to-equity ratio of 20.52. 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 announced its quarterly earnings data on Monday, February 3rd. The company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.39 by $0.16. Clorox had a net margin of 6.38% and a return on equity of 316.87%. During the same quarter in the prior year, the company earned $2.16 earnings per share. Equities analysts expect that The Clorox Company will post 7.15 EPS for the current fiscal year.

Clorox Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 23rd will be given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date is Wednesday, April 23rd. Clorox's dividend payout ratio is presently 133.33%.

About Clorox

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.