Unigestion Holding SA Acquires New Stake in The Clorox Company (NYSE:CLX)

Unigestion Holding SA acquired a new position in shares of The Clorox Company (NYSE:CLX - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 2,351 shares of the company's stock, valued at approximately $382,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Brooklyn Investment Group raised its stake in shares of Clorox by 163.8% in the fourth quarter. Brooklyn Investment Group now owns 153 shares of the company's stock worth $25,000 after purchasing an additional 95 shares during the last quarter. Continuum Advisory LLC lifted its stake in Clorox by 300.0% during the 3rd quarter. Continuum Advisory LLC now owns 184 shares of the company's stock valued at $30,000 after acquiring an additional 138 shares during the period. Millstone Evans Group LLC purchased a new stake in shares of Clorox in the 4th quarter valued at $31,000. Asset Planning Inc acquired a new stake in shares of Clorox in the fourth quarter worth $32,000. Finally, Aster Capital Management DIFC Ltd purchased a new position in shares of Clorox during the fourth quarter worth $33,000. 78.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

CLX has been the subject of a number of recent research reports. Wells Fargo & Company reduced their price objective on Clorox from $161.00 to $155.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 2nd. Barclays dropped their price objective on shares of Clorox from $139.00 to $134.00 and set an "underweight" rating on the stock in a research note on Friday. DA Davidson lowered 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. Royal Bank of Canada reiterated a "sector perform" rating and issued a $150.00 price objective on shares of Clorox in a research report on Thursday, January 30th. Finally, Evercore ISI lifted their price target on Clorox from $145.00 to $155.00 in a research note on Tuesday, February 4th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $156.75.

Clorox Trading Up 0.3 %

Shares of NYSE CLX traded up $0.45 during trading on Friday, hitting $141.35. 1,249,590 shares of the company were exchanged, compared to its average volume of 1,295,815. 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 12-month low of $127.60 and a 12-month high of $171.37. The company has a fifty day moving average price of $147.39 and a 200-day moving average price of $157.24. The firm has a market capitalization of $17.41 billion, a PE ratio of 38.62, a P/E/G ratio of 2.62 and a beta of 0.61.

Clorox (NYSE:CLX - Get Free Report) last posted its quarterly earnings results on Monday, February 3rd. The company reported $1.55 earnings per share 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 period in the previous year, the business posted $2.16 earnings per share. As a group, equities research analysts expect that The Clorox Company will post 7.15 EPS for the current year.

Clorox Announces Dividend

The business 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. The ex-dividend date is Wednesday, April 23rd. This represents a $4.88 annualized dividend and a yield of 3.45%. Clorox's dividend payout ratio (DPR) is currently 133.33%.

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.