Town & Country Bank & Trust CO dba First Bankers Trust CO lessened its holdings in The Clorox Company (NYSE:CLX – Free Report) by 1.9% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,939 shares of the company’s stock after selling 95 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Clorox were worth $802,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Brooklyn Investment Group boosted its stake in Clorox by 163.8% in the fourth quarter. Brooklyn Investment Group now owns 153 shares of the company’s stock valued at $25,000 after acquiring an additional 95 shares during the last quarter. Prospera Private Wealth LLC purchased a new stake in Clorox in the 3rd quarter worth about $27,000. Continuum Advisory LLC raised its stake in Clorox by 300.0% in 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. Quarry LP lifted its holdings in Clorox by 99.1% during the second quarter. Quarry LP now owns 229 shares of the company’s stock valued at $31,000 after purchasing an additional 114 shares during the last quarter. Finally, Carolina Wealth Advisors LLC bought a new position in Clorox during the third quarter worth about $48,000. 78.53% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of analysts recently commented on CLX shares. Barclays dropped their price target on shares of Clorox from $139.00 to $130.00 and set an “underweight” rating on the stock in a research note on Friday, January 17th. DA Davidson lifted their price target on Clorox from $153.00 to $171.00 and gave the company a “neutral” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. increased their price objective on Clorox from $167.00 to $171.00 and gave the stock a “neutral” rating in a report on Thursday, January 16th. Jefferies Financial Group raised shares of Clorox from a “hold” rating to a “buy” rating and increased their price target for the stock from $174.00 to $187.00 in a report on Tuesday, October 1st. Finally, StockNews.com cut shares of Clorox from a “buy” rating to a “hold” rating in a research note on Sunday, January 5th. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, Clorox currently has an average rating of “Hold” and a consensus price target of $156.54.
Clorox Price Performance
CLX stock opened at $162.35 on Tuesday. The Clorox Company has a 1 year low of $127.60 and a 1 year high of $171.37. The firm has a 50-day moving average of $163.66 and a 200 day moving average of $157.66. The company has a debt-to-equity ratio of 11.08, a current ratio of 1.00 and a quick ratio of 0.62. The company has a market cap of $20.10 billion, a P/E ratio of 56.57, a PEG ratio of 2.92 and a beta of 0.42.
Clorox (NYSE:CLX – Get Free Report) last announced its quarterly earnings results on Wednesday, October 30th. The company reported $1.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.50. The company had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.64 billion. Clorox had a net margin of 4.78% and a return on equity of 316.08%. Clorox’s revenue was up 27.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.49 EPS. On average, sell-side analysts forecast that The Clorox Company will post 6.87 EPS for the current year.
Clorox Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Wednesday, January 29th will be issued a $1.22 dividend. The ex-dividend date of this dividend is Wednesday, January 29th. This represents a $4.88 dividend on an annualized basis and a yield of 3.01%. Clorox’s payout ratio is currently 170.04%.
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.
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