Unigestion Holding SA Purchases New Shares in The Clorox Company (NYSE:CLX)

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

A number of other hedge funds and other institutional investors also recently modified their holdings of CLX. Brooklyn Investment Group boosted its holdings in Clorox by 163.8% in the 4th quarter. Brooklyn Investment Group now owns 153 shares of the company’s stock valued at $25,000 after purchasing an additional 95 shares during the period. Continuum Advisory LLC boosted its stake in shares of Clorox by 300.0% in the third quarter. Continuum Advisory LLC now owns 184 shares of the company’s stock valued at $30,000 after buying an additional 138 shares during the period. Millstone Evans Group LLC acquired a new stake in Clorox during the fourth quarter worth approximately $31,000. Asset Planning Inc acquired a new stake in Clorox during the fourth quarter worth approximately $32,000. Finally, Aster Capital Management DIFC Ltd bought a new position in Clorox during the 4th quarter worth $33,000. Institutional investors and hedge funds own 78.53% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on CLX shares. Royal Bank of Canada reissued a “sector perform” rating and set a $150.00 target price on shares of Clorox in a report on Thursday, January 30th. Barclays reduced their price objective on shares of Clorox from $140.00 to $139.00 and set an “underweight” rating on the stock in a research note on Thursday, March 27th. Evercore ISI boosted their target price on shares of Clorox from $145.00 to $155.00 in a research report on Tuesday, February 4th. Wells Fargo & Company reduced their price target on shares of Clorox from $161.00 to $155.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 2nd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Clorox from $171.00 to $173.00 and gave the company a “neutral” rating in a research report on Tuesday, February 4th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, Clorox currently has an average rating of “Hold” and a consensus price target of $159.00.

Clorox Trading Down 3.3 %

Shares of CLX stock opened at $143.76 on Monday. The company has a quick ratio of 0.60, a current ratio of 0.94 and a debt-to-equity ratio of 20.52. The firm has a market capitalization of $17.71 billion, a P/E ratio of 39.28, a P/E/G ratio of 2.62 and a beta of 0.45. The Clorox Company has a twelve month low of $127.60 and a twelve month high of $171.37. The stock’s fifty day simple moving average is $150.06 and its 200 day simple moving average is $158.36.

Clorox (NYSE:CLX) last released its quarterly earnings data on Monday, February 3rd. The company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.16. Clorox had a return on equity of 316.87% and a net margin of 6.38%. During the same period in the prior year, the company earned $2.16 earnings per share. As a group, sell-side analysts predict that The Clorox Company will post 7.15 EPS for the current fiscal year.

Clorox Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 23rd will be paid a $1.22 dividend. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a $4.88 annualized dividend and a dividend yield of 3.39%. Clorox’s dividend payout ratio is 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.