The Clorox Company (NYSE:CLX) Stock Holdings Lifted by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC lifted its stake in shares of The Clorox Company (NYSE:CLX) by 8.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,099 shares of the company’s stock after acquiring an additional 451 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in Clorox were worth $870,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of CLX. Fortitude Family Office LLC acquired a new position in shares of Clorox in the 4th quarter valued at $29,000. Tyler Stone Wealth Management boosted its holdings in shares of Clorox by 64.5% in the third quarter. Tyler Stone Wealth Management now owns 255 shares of the company’s stock worth $33,000 after buying an additional 100 shares during the period. Hartford Financial Management Inc. increased its position in shares of Clorox by 57.1% in the fourth quarter. Hartford Financial Management Inc. now owns 256 shares of the company’s stock worth $37,000 after acquiring an additional 93 shares in the last quarter. Valley National Advisers Inc. raised its holdings in shares of Clorox by 458.3% during the fourth quarter. Valley National Advisers Inc. now owns 268 shares of the company’s stock valued at $38,000 after acquiring an additional 220 shares during the period. Finally, BKM Wealth Management LLC purchased a new stake in shares of Clorox in the 4th quarter valued at approximately $41,000. 78.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on CLX. UBS Group boosted their target price on shares of Clorox from $145.00 to $170.00 and gave the company a “neutral” rating in a research note on Friday, February 2nd. Morgan Stanley reissued an “equal weight” rating and issued a $160.00 price objective on shares of Clorox in a research note on Tuesday, March 26th. DA Davidson reiterated a “neutral” rating and issued a $162.00 target price on shares of Clorox in a report on Wednesday, April 17th. Jefferies Financial Group raised shares of Clorox from an “underperform” rating to a “hold” rating and set a $145.00 price objective on the stock in a research report on Tuesday, March 26th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Clorox from $145.00 to $152.00 and gave the company a “neutral” rating in a research note on Thursday, January 18th. Four research analysts have rated the stock with a sell rating and thirteen have given a hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $148.63.

Clorox Trading Down 0.2 %

Shares of Clorox stock opened at $147.51 on Friday. The stock has a market capitalization of $18.31 billion, a P/E ratio of 234.15, a price-to-earnings-growth ratio of 2.34 and a beta of 0.43. The Clorox Company has a 12-month low of $114.68 and a 12-month high of $178.21. The company has a quick ratio of 0.57, a current ratio of 0.89 and a debt-to-equity ratio of 11.37. The company has a 50-day simple moving average of $149.48 and a 200 day simple moving average of $142.31.

Clorox (NYSE:CLX) last posted its quarterly earnings data on Thursday, February 1st. The company reported $2.16 earnings per share for the quarter, topping the consensus estimate of $1.08 by $1.08. The company had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.80 billion. Clorox had a net margin of 1.09% and a return on equity of 319.41%. The company’s revenue was up 16.0% on a year-over-year basis. During the same quarter last year, the business posted $0.98 earnings per share. Research analysts expect that The Clorox Company will post 5.52 earnings per share for the current fiscal year.

Clorox Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 10th. Stockholders of record on Wednesday, April 24th will be issued a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 3.25%. The ex-dividend date is Tuesday, April 23rd. Clorox’s payout ratio is presently 761.92%.

Clorox 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.