Insight Advisors LLC PA Has $613,000 Position in The Clorox Company (NYSE:CLX)

Insight Advisors LLC PA reduced its holdings in The Clorox Company (NYSE:CLX) by 5.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,797 shares of the company’s stock after selling 227 shares during the period. Insight Advisors LLC PA’s holdings in Clorox were worth $613,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of CLX. Czech National Bank lifted its holdings in Clorox by 6.6% in the third quarter. Czech National Bank now owns 25,232 shares of the company’s stock valued at $4,111,000 after buying an additional 1,567 shares during the period. GAMMA Investing LLC increased its stake in Clorox by 63.0% in the third quarter. GAMMA Investing LLC now owns 1,795 shares of the company’s stock valued at $292,000 after purchasing an additional 694 shares in the last quarter. Axiom Advisory LLC increased its stake in Clorox by 1.6% in the third quarter. Axiom Advisory LLC now owns 11,328 shares of the company’s stock valued at $1,679,000 after purchasing an additional 177 shares in the last quarter. SL Advisors LLC bought a new stake in Clorox in the third quarter valued at approximately $188,000. Finally, Wealth Group Ltd. bought a new stake in Clorox in the third quarter valued at approximately $231,000. 78.53% of the stock is currently owned by institutional investors and hedge funds.

Clorox Stock Performance

NYSE CLX opened at $145.98 on Thursday. The firm has a 50-day moving average of $162.25 and a 200-day moving average of $158.76. The company has a debt-to-equity ratio of 11.08, a quick ratio of 0.62 and a current ratio of 1.00. The stock has a market cap of $18.07 billion, a PE ratio of 50.86, a P/E/G ratio of 2.92 and a beta of 0.42. The Clorox Company has a 52-week low of $127.60 and a 52-week high of $171.37.

Clorox (NYSE:CLX) last issued its quarterly earnings data on Monday, February 3rd. The company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.16. Clorox had a net margin of 4.78% and a return on equity of 316.08%. During the same period in the previous year, the business posted $2.16 earnings per share. On average, sell-side analysts anticipate that The Clorox Company will post 6.86 EPS for the current year.

Clorox Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Wednesday, January 29th will be paid a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.34%. The ex-dividend date is Wednesday, January 29th. Clorox’s dividend payout ratio (DPR) is 170.04%.

Wall Street Analysts Forecast Growth

CLX has been the subject of several recent analyst reports. StockNews.com downgraded shares of Clorox from a “buy” rating to a “hold” rating in a research note on Sunday, January 5th. Wells Fargo & Company upped their target price on shares of Clorox from $157.00 to $161.00 and gave the company an “equal weight” rating in a research note on Tuesday. Evercore ISI upped their target price on shares of Clorox from $145.00 to $155.00 in a research note on Tuesday. TD Cowen raised shares of Clorox from a “sell” rating to a “hold” rating and upped their target price for the company from $155.00 to $170.00 in a research note on Wednesday, November 6th. Finally, JPMorgan Chase & Co. increased 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. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $158.21.

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.