Landscape Capital Management L.L.C. Decreases Stock Position in The Clorox Company (NYSE:CLX)

Landscape Capital Management L.L.C. trimmed its position in The Clorox Company (NYSE:CLX - Free Report) by 78.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,857 shares of the company's stock after selling 25,540 shares during the period. Landscape Capital Management L.L.C.'s holdings in Clorox were worth $1,114,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. California Public Employees Retirement System raised its position in shares of Clorox by 1.3% in the fourth quarter. California Public Employees Retirement System now owns 565,810 shares of the company's stock valued at $91,893,000 after buying an additional 6,987 shares during the last quarter. Public Employees Retirement System of Ohio grew its stake in Clorox by 26.3% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 59,766 shares of the company's stock valued at $9,736,000 after acquiring an additional 12,428 shares in the last quarter. Fifth Third Wealth Advisors LLC purchased a new position in Clorox in the 4th quarter worth approximately $204,000. Apollon Wealth Management LLC boosted its holdings in shares of Clorox by 119.6% during the 4th quarter. Apollon Wealth Management LLC now owns 3,364 shares of the company's stock worth $546,000 after purchasing an additional 1,832 shares during the last quarter. Finally, Miracle Mile Advisors LLC purchased a new stake in shares of Clorox in the fourth quarter valued at approximately $1,566,000. 78.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on CLX. Royal Bank of Canada reiterated a "sector perform" rating and set a $150.00 price objective on shares of Clorox in a research report on Thursday, January 30th. StockNews.com cut shares of Clorox from a "buy" rating to a "hold" rating in a research report on Sunday, January 5th. Barclays dropped their price objective on shares of Clorox from $139.00 to $134.00 and set an "underweight" rating for the company in a report on Friday. Evercore ISI lifted their target price on shares of Clorox from $145.00 to $155.00 in a research note on Tuesday, February 4th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Clorox from $173.00 to $151.00 and set a "neutral" rating for the company in a research note on Friday. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat, Clorox has a consensus rating of "Hold" and a consensus target price of $156.75.

Clorox Trading Up 0.3 %

NYSE CLX traded up $0.45 on Friday, reaching $141.35. The stock had a trading volume of 1,249,590 shares, compared to its average volume of 1,295,815. The Clorox Company has a 12-month low of $127.60 and a 12-month high of $171.37. The stock has a fifty day moving average price of $147.39 and a two-hundred day moving average price of $157.24. The firm has a market capitalization of $17.41 billion, a price-to-earnings ratio of 38.62, a P/E/G ratio of 2.62 and a beta of 0.61. The company has a quick ratio of 0.60, a current ratio of 0.94 and a debt-to-equity ratio of 20.52.

Clorox (NYSE:CLX - Get Free Report) last announced its earnings results on Monday, February 3rd. The company reported $1.55 EPS for the quarter, beating 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 quarter in the previous year, the business posted $2.16 earnings per share. As a group, sell-side analysts forecast that The Clorox Company will post 7.15 EPS for the current fiscal year.

Clorox Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 23rd will be issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date is Wednesday, April 23rd. Clorox's dividend payout ratio (DPR) is currently 133.33%.

Clorox 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.