Natixis Advisors LLC boosted its place in The Clorox Firm (NYSE:CLX – Free Report) by 8.3% throughout the third quarter, based on its most up-to-date 13F submitting with the SEC. The agency owned 63,476 shares of the corporate’s inventory after buying an extra 4,839 shares throughout the interval. Natixis Advisors LLC’s holdings in Clorox had been value $10,341,000 as of its most up-to-date SEC submitting.
A number of different institutional buyers have additionally added to or lowered their stakes in CLX. Mizuho Securities USA LLC raised its stake in shares of Clorox by 46,877.8% throughout the third quarter. Mizuho Securities USA LLC now owns 4,500,000 shares of the corporate’s inventory valued at $733,095,000 after buying an extra 4,490,421 shares throughout the interval. Nuance Investments LLC lifted its holdings in shares of Clorox by 150.6% within the second quarter. Nuance Investments LLC now owns 1,597,674 shares of the corporate’s inventory value $218,035,000 after shopping for an extra 960,094 shares within the final quarter. Van ECK Associates Corp boosted its place in shares of Clorox by 2.2% within the third quarter. Van ECK Associates Corp now owns 1,492,717 shares of the corporate’s inventory valued at $237,372,000 after buying an extra 31,510 shares throughout the interval. Financial institution of New York Mellon Corp boosted its place in shares of Clorox by 14.4% within the second quarter. Financial institution of New York Mellon Corp now owns 961,387 shares of the corporate’s inventory valued at $131,200,000 after buying an extra 120,716 shares throughout the interval. Lastly, Dimensional Fund Advisors LP grew its stake in Clorox by 11.9% throughout the second quarter. Dimensional Fund Advisors LP now owns 802,237 shares of the corporate’s inventory valued at $109,483,000 after buying an extra 85,529 shares within the final quarter. 78.53% of the inventory is owned by hedge funds and different institutional buyers.
Insider Shopping for and Promoting at Clorox
In different information, EVP Angela C. Hilt bought 1,733 shares of the corporate’s inventory in a transaction dated Friday, September sixth. The shares had been bought at a median worth of $165.52, for a complete transaction of $286,846.16. Following the completion of the transaction, the chief vice chairman now instantly owns 13,471 shares of the corporate’s inventory, valued at roughly $2,229,719.92. This represents a 11.40 % lower of their possession of the inventory. The sale was disclosed in a authorized submitting with the SEC, which is accessible by means of this hyperlink. Company insiders personal 0.57% of the corporate’s inventory.
Wall Road Analysts Forecast Development
A number of analysis analysts have commented on the inventory. Barclays raised their worth goal on shares of Clorox from $137.00 to $139.00 and gave the corporate an “underweight” ranking in a report on Friday, November 1st. Jefferies Monetary Group upgraded Clorox from a “maintain” ranking to a “purchase” ranking and boosted their goal worth for the inventory from $174.00 to $187.00 in a analysis report on Tuesday, October 1st. BNP Paribas raised Clorox to a “sturdy promote” ranking in a report on Friday, September sixth. DA Davidson upped their worth goal on shares of Clorox from $153.00 to $171.00 and gave the inventory a “impartial” ranking in a analysis report on Monday, November 4th. Lastly, Citigroup raised their goal worth on shares of Clorox from $165.00 to $170.00 and gave the corporate a “impartial” ranking in a analysis observe on Friday, September sixth. 5 analysts have rated the inventory with a promote ranking, ten have assigned a maintain ranking and one has issued a purchase ranking to the inventory. In accordance with MarketBeat, Clorox presently has a median ranking of “Maintain” and a consensus goal worth of $155.00.
View Our Newest Inventory Evaluation on CLX
Clorox Buying and selling Up 0.6 %
Shares of CLX opened at $169.06 on Friday. The corporate has a debt-to-equity ratio of 11.08, a fast ratio of 0.62 and a present ratio of 1.00. The Clorox Firm has a fifty-two week low of $127.60 and a fifty-two week excessive of $169.21. The agency has a 50 day shifting common worth of $162.72 and a 200-day shifting common worth of $148.22. The agency has a market cap of $20.93 billion, a price-to-earnings ratio of 58.91, a PEG ratio of three.11 and a beta of 0.41.
Clorox (NYSE:CLX – Get Free Report) final posted its quarterly earnings outcomes on Wednesday, October thirtieth. The corporate reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.50. Clorox had a internet margin of 4.78% and a return on fairness of 316.08%. The enterprise had income of $1.76 billion throughout the quarter, in comparison with the consensus estimate of $1.64 billion. Throughout the identical interval within the earlier 12 months, the agency posted $0.49 earnings per share. The agency’s income for the quarter was up 27.0% on a year-over-year foundation. As a bunch, equities analysis analysts forecast that The Clorox Firm will submit 6.85 earnings per share for the present 12 months.
Clorox Broadcasts Dividend
The enterprise additionally not too long ago declared a quarterly dividend, which will likely be paid on Friday, February 14th. Shareholders of file on Wednesday, January twenty ninth will likely be paid a $1.22 dividend. The ex-dividend date of this dividend is Wednesday, January twenty ninth. This represents a $4.88 dividend on an annualized foundation and a yield of two.89%. Clorox’s dividend payout ratio (DPR) is at present 170.03%.
About Clorox
The Clorox Firm manufactures and markets shopper {and professional} merchandise worldwide. It operates by means of 4 segments: Well being and Wellness, Family, Way of life, and Worldwide. The Well being and Wellness phase gives cleansing merchandise, similar to laundry components and residential care merchandise primarily below the Clorox, Clorox2, Scentiva, Pine-Sol, Liquid-Plumr, Tilex, and Formulation 409 manufacturers; skilled cleansing and disinfecting merchandise below the CloroxPro and Clorox Healthcare manufacturers; skilled meals service merchandise below the Hidden Valley model; and nutritional vitamins, minerals and complement merchandise below the RenewLife, Pure Vitality, NeoCell, and Rainbow Mild manufacturers in the US.
Additional Studying
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