Signaturefd LLC Has $2.60 Million Holdings in The Clorox Company (NYSE:CLX)

Signaturefd LLC lifted its stake in The Clorox Company (NYSE:CLX - Free Report) by 305.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,998 shares of the company's stock after purchasing an additional 12,053 shares during the quarter. Signaturefd LLC's holdings in Clorox were worth $2,598,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. OneDigital Investment Advisors LLC acquired a new stake in Clorox during the third quarter valued at $207,000. CIBC Asset Management Inc grew its stake in shares of Clorox by 6.7% in the 3rd quarter. CIBC Asset Management Inc now owns 21,144 shares of the company's stock valued at $3,445,000 after buying an additional 1,332 shares in the last quarter. Natixis Advisors LLC increased its holdings in Clorox by 8.3% in the third quarter. Natixis Advisors LLC now owns 63,476 shares of the company's stock worth $10,341,000 after buying an additional 4,839 shares during the last quarter. Claro Advisors LLC raised its position in Clorox by 2.5% during the third quarter. Claro Advisors LLC now owns 6,599 shares of the company's stock valued at $1,075,000 after acquiring an additional 162 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its position in Clorox by 2.7% in the third quarter. Thrivent Financial for Lutherans now owns 9,091 shares of the company's stock worth $1,481,000 after acquiring an additional 236 shares in the last quarter. Hedge funds and other institutional investors own 78.53% of the company's stock.

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Wall Street Analyst Weigh In

A number of research firms have recently weighed in on CLX. DA Davidson cut their price target on shares of Clorox from $171.00 to $169.00 and set a "neutral" rating on the stock in a report on Wednesday, February 5th. JPMorgan Chase & Co. boosted their price target on Clorox from $171.00 to $173.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 4th. Evercore ISI increased their price objective on Clorox from $145.00 to $155.00 in a report on Tuesday, February 4th. StockNews.com lowered Clorox from a "buy" rating to a "hold" rating in a report on Sunday, January 5th. Finally, Barclays increased their price target on Clorox from $130.00 to $140.00 and gave the company an "underweight" rating in a report on Wednesday, February 5th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $159.62.

Clorox Stock Performance

Shares of NYSE:CLX traded down $0.46 during trading on Friday, hitting $144.88. 1,553,389 shares of the stock were exchanged, compared to its average volume of 1,468,747. The company has a market capitalization of $17.85 billion, a price-to-earnings ratio of 39.58, a price-to-earnings-growth ratio of 2.62 and a beta of 0.45. The company has a debt-to-equity ratio of 20.52, a quick ratio of 0.60 and a current ratio of 0.94. The Clorox Company has a 1-year low of $127.60 and a 1-year high of $171.37. The company's fifty day simple moving average is $153.10 and its 200-day simple moving average is $159.87.

Clorox (NYSE:CLX - Get Free Report) last posted its earnings results on Monday, February 3rd. The company reported $1.55 earnings per share for the quarter, beating analysts' consensus estimates 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 period in the previous year, the company earned $2.16 EPS. Sell-side analysts expect that The Clorox Company will post 7.15 EPS for the current fiscal year.

Clorox Dividend Announcement

The business also recently declared 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 3.37%. The ex-dividend date is Wednesday, April 23rd. Clorox's dividend payout ratio (DPR) is 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.