Barclays PLC Has $48.86 Million Position in The Clorox Company (NYSE:CLX)

Barclays PLC cut its holdings in shares of The Clorox Company (NYSE:CLX - Free Report) by 53.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 300,843 shares of the company's stock after selling 350,454 shares during the quarter. Barclays PLC owned 0.24% of Clorox worth $48,859,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CLX. Trustmark National Bank Trust Department acquired a new stake in Clorox during the fourth quarter worth about $215,000. Savvy Advisors Inc. bought a new stake in shares of Clorox during the 4th quarter worth approximately $946,000. Rockefeller Capital Management L.P. boosted its position in shares of Clorox by 5.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 16,003 shares of the company's stock worth $2,599,000 after acquiring an additional 847 shares in the last quarter. Heritage Trust Co bought a new position in Clorox in the fourth quarter valued at approximately $466,000. Finally, Redwood Park Advisors LLC acquired a new position in Clorox during the fourth quarter valued at approximately $26,000. 78.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. decreased their price target on Clorox from $173.00 to $151.00 and set a "neutral" rating on the stock in a research note on Friday, April 11th. Royal Bank of Canada reiterated a "sector perform" rating and set a $150.00 price target on shares of Clorox in a report on Thursday, January 30th. Citigroup decreased their price objective on Clorox from $165.00 to $150.00 and set a "neutral" rating for the company in a report on Monday, April 14th. DA Davidson lowered their target price on Clorox from $171.00 to $169.00 and set a "neutral" rating for the company in a research report on Wednesday, February 5th. Finally, Evercore ISI upped their price target on Clorox from $145.00 to $155.00 in a research report on Tuesday, February 4th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $153.83.

Clorox Trading Down 0.6 %

CLX traded down $0.81 during trading on Wednesday, hitting $140.00. The company's stock had a trading volume of 220,626 shares, compared to its average volume of 1,299,308. The firm has a market capitalization of $17.25 billion, a P/E ratio of 38.25, a PEG ratio of 2.62 and a beta of 0.61. The Clorox Company has a twelve month low of $127.60 and a twelve month high of $171.37. The stock's fifty day moving average price is $146.19 and its 200-day moving average price is $156.10. The company has a quick ratio of 0.60, a current ratio of 0.94 and a debt-to-equity ratio of 20.52.

Clorox (NYSE:CLX - Get Free Report) last released its earnings results on Monday, February 3rd. The company reported $1.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.39 by $0.16. Clorox had a net margin of 6.38% and a return on equity of 316.87%. During the same quarter in the prior year, the firm posted $2.16 EPS. Analysts anticipate that The Clorox Company will post 7.15 EPS for the current year.

Clorox Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 23rd will be given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.49%. The ex-dividend date of this dividend is Wednesday, April 23rd. Clorox's payout ratio is 133.33%.

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.