1,673 Shares in Clorox Company (The) (CLX) Acquired by ZWJ Investment Counsel Inc.

ZWJ Investment Counsel Inc. purchased a new stake in shares of Clorox Company (The) (NYSE:CLX) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,673 shares of the company’s stock, valued at approximately $201,000.

Several other institutional investors have also made changes to their positions in the stock. Cookson Peirce & Co. Inc. raised its position in shares of Clorox Company (The) by 1.8% in the second quarter. Cookson Peirce & Co. Inc. now owns 91,325 shares of the company’s stock valued at $12,638,000 after buying an additional 1,576 shares during the period. Tortoise Investment Management LLC raised its position in shares of Clorox Company (The) by 79.1% in the second quarter. Tortoise Investment Management LLC now owns 1,612 shares of the company’s stock valued at $223,000 after buying an additional 712 shares during the period. Investors Capital Advisory Services raised its position in shares of Clorox Company (The) by 3.9% in the second quarter. Investors Capital Advisory Services now owns 3,379 shares of the company’s stock valued at $467,000 after buying an additional 128 shares during the period. Northeast Investment Management raised its position in shares of Clorox Company (The) by 3.8% in the second quarter. Northeast Investment Management now owns 104,373 shares of the company’s stock valued at $14,444,000 after buying an additional 3,805 shares during the period. Finally, Fulton Breakefield Broenniman LLC raised its position in shares of Clorox Company (The) by 0.8% in the second quarter. Fulton Breakefield Broenniman LLC now owns 77,919 shares of the company’s stock valued at $10,783,000 after buying an additional 619 shares during the period. 70.14% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Clorox Company (The) (NYSE:CLX)

Clorox Company (NYSE:CLX) opened at 127.40 on Wednesday. Clorox Company has a 12-month low of $111.24 and a 12-month high of $140.47. The stock has a 50 day moving average price of $122.10 and a 200-day moving average price of $122.38. The stock has a market cap of $16.34 billion, a P/E ratio of 25.56 and a beta of 0.32.

Clorox Company (The) (NYSE:CLX) last issued its earnings results on Friday, February 3rd. The company reported $1.25 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.22 by $0.03. Clorox Company (The) had a return on equity of 239.42% and a net margin of 11.15%. The firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter last year, the firm earned $1.14 earnings per share. The firm’s revenue for the quarter was up 4.5% compared to the same quarter last year. On average, equities analysts expect that Clorox Company will post $5.33 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, May 5th. Investors of record on Wednesday, April 19th will be issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date of this dividend is Monday, April 17th. Clorox Company (The)’s payout ratio is currently 64.13%.

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Several brokerages have recently commented on CLX. B. Riley reaffirmed a “neutral” rating and issued a $125.00 price target on shares of Clorox Company (The) in a research note on Saturday. Barclays PLC raised Clorox Company (The) from an “underweight” rating to an “equal weight” rating and decreased their target price for the stock from $115.00 to $111.00 in a research note on Monday, January 9th. Zacks Investment Research raised Clorox Company (The) from a “sell” rating to a “hold” rating and set a $134.00 target price on the stock in a research note on Monday, January 9th. Morgan Stanley raised Clorox Company (The) from an “underweight” rating to an “equal weight” rating and set a $112.00 target price on the stock in a research note on Friday, December 16th. They noted that the move was a valuation call. Finally, BMO Capital Markets initiated coverage on Clorox Company (The) in a research note on Thursday, December 15th. They set an “outperform” rating and a $136.00 target price on the stock. One analyst has rated the stock with a sell rating, twelve have given a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $126.92.

In other news, Director A D. David Mackay bought 5,000 shares of Clorox Company (The) stock in a transaction that occurred on Thursday, December 1st. The shares were purchased at an average price of $114.90 per share, for a total transaction of $574,500.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.74% of the stock is currently owned by company insiders.

Clorox Company (The) Company Profile

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.

5 Day Chart for NYSE:CLX

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