LBP AM SA boosted its position in shares of The Clorox Company (NYSE:CLX - Free Report) by 212.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 84,122 shares of the company's stock after purchasing an additional 57,228 shares during the quarter. LBP AM SA owned 0.07% of Clorox worth $13,662,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. OVERSEA CHINESE BANKING Corp Ltd bought a new position in Clorox in the third quarter valued at approximately $234,000. Sumitomo Mitsui Trust Group Inc. lifted its stake in Clorox by 2.0% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 307,649 shares of the company's stock valued at $50,119,000 after buying an additional 6,008 shares in the last quarter. Victory Capital Management Inc. lifted its stake in Clorox by 45.0% in the third quarter. Victory Capital Management Inc. now owns 323,612 shares of the company's stock valued at $52,720,000 after buying an additional 100,453 shares in the last quarter. Empower Advisory Group LLC lifted its stake in Clorox by 4.5% in the third quarter. Empower Advisory Group LLC now owns 1,823 shares of the company's stock valued at $297,000 after buying an additional 78 shares in the last quarter. Finally, Oppenheimer & Co. Inc. lifted its stake in Clorox by 1.6% in the third quarter. Oppenheimer & Co. Inc. now owns 17,310 shares of the company's stock valued at $2,820,000 after buying an additional 268 shares in the last quarter. Institutional investors and hedge funds own 78.53% of the company's stock.
Analyst Ratings Changes
CLX has been the topic of a number of research reports. StockNews.com lowered shares of Clorox from a "buy" rating to a "hold" rating in a research report on Sunday, January 5th. Barclays boosted their price objective on shares of Clorox from $130.00 to $140.00 and gave the stock an "underweight" rating in a research report on Wednesday, February 5th. Royal Bank of Canada reissued a "sector perform" rating and issued a $150.00 price objective on shares of Clorox in a research report on Thursday, January 30th. JPMorgan Chase & Co. boosted their price objective on shares of Clorox from $171.00 to $173.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 4th. Finally, Evercore ISI upped their price target on shares of Clorox from $145.00 to $155.00 in a research report on Tuesday, February 4th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $159.62.
Get Our Latest Analysis on Clorox
Clorox Trading Up 0.3 %
NYSE CLX traded up $0.45 during trading hours on Wednesday, reaching $145.33. The company's stock had a trading volume of 1,105,679 shares, compared to its average volume of 1,215,083. The firm has a fifty day simple moving average of $153.71 and a 200-day simple moving average of $160.08. The stock has a market cap of $17.90 billion, a P/E ratio of 39.71, a P/E/G ratio of 2.62 and a beta of 0.45. The Clorox Company has a 52 week low of $127.60 and a 52 week high of $171.37. The company has a debt-to-equity ratio of 20.52, a current ratio of 0.94 and a quick ratio of 0.60.
Clorox (NYSE:CLX - Get Free Report) last issued its quarterly earnings data on Monday, February 3rd. The company reported $1.55 earnings per share (EPS) 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 last year, the firm posted $2.16 earnings per share. Equities analysts forecast that The Clorox Company will post 7.15 earnings per share for the current fiscal year.
Clorox Dividend Announcement
The company 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 dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 3.36%. The ex-dividend date is Wednesday, April 23rd. Clorox's dividend payout ratio is presently 133.33%.
Clorox Company Profile
(
Free Report)
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.
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