Trilogy Capital Inc. purchased a new position in shares of Clorox Co (NYSE:CLX) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 3,800 shares of the company’s stock, valued at approximately $565,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Phocas Financial Corp. acquired a new position in shares of Clorox during the 2nd quarter worth about $167,000. Dupont Capital Management Corp acquired a new position in shares of Clorox during the 3rd quarter worth about $199,000. Smith Moore & CO. acquired a new position in shares of Clorox during the 3rd quarter worth about $204,000. Private Asset Management Inc. acquired a new position in Clorox in the 4th quarter valued at approximately $208,000. Finally, WFG Advisors LP raised its holdings in Clorox by 7.2% in the 2nd quarter. WFG Advisors LP now owns 1,571 shares of the company’s stock valued at $209,000 after acquiring an additional 106 shares in the last quarter. Institutional investors own 74.11% of the company’s stock.
Shares of Clorox Co (NYSE CLX) traded up $0.67 on Monday, reaching $131.70. The company’s stock had a trading volume of 1,088,600 shares, compared to its average volume of 1,222,412. The company has a market cap of $17,042.51, a price-to-earnings ratio of 21.73, a price-to-earnings-growth ratio of 2.47 and a beta of 0.31. The company has a debt-to-equity ratio of 2.35, a current ratio of 1.22 and a quick ratio of 0.86. Clorox Co has a 52-week low of $124.09 and a 52-week high of $150.40.
Clorox (NYSE:CLX) last announced its quarterly earnings data on Friday, February 2nd. The company reported $1.23 EPS for the quarter, beating the Zacks’ consensus estimate of $1.22 by $0.01. The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.43 billion. Clorox had a return on equity of 126.70% and a net margin of 13.21%. The business’s quarterly revenue was up .7% compared to the same quarter last year. During the same period last year, the company earned $1.14 EPS. equities analysts forecast that Clorox Co will post 6.23 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 11th. Shareholders of record on Wednesday, April 25th will be given a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a yield of 2.92%. This is a positive change from Clorox’s previous quarterly dividend of $0.84. The ex-dividend date of this dividend is Tuesday, April 24th. Clorox’s dividend payout ratio (DPR) is presently 55.45%.
Several equities analysts have commented on CLX shares. Deutsche Bank started coverage on Clorox in a report on Wednesday, December 13th. They issued a “hold” rating and a $142.00 price target for the company. Wells Fargo & Co reaffirmed a “hold” rating and issued a $130.00 price target on shares of Clorox in a report on Wednesday, December 13th. Consumer Edge raised Clorox from a “neutral” rating to an “outperform” rating in a report on Friday, November 10th. Morgan Stanley cut their price target on Clorox from $138.00 to $128.00 and set an “equal weight” rating for the company in a report on Thursday, November 2nd. Finally, Zacks Investment Research cut Clorox from a “buy” rating to a “hold” rating in a report on Monday, January 22nd. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $132.46.
In other Clorox news, SVP Michael R. Costello sold 10,574 shares of the stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $136.01, for a total value of $1,438,169.74. Following the transaction, the senior vice president now directly owns 34,867 shares in the company, valued at approximately $4,742,260.67. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.00% of the stock is currently owned by company insiders.
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The Clorox Company is a manufacturer and marketer of consumer and professional products. The Company sells its products primarily through mass retail outlets, e-commerce channels, wholesale distributors and medical supply distributors. The Company operates through four segments: Cleaning, Household, Lifestyle and International.
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