Universal Beteiligungs und Servicegesellschaft mbH Has $9.80 Million Stock Holdings in The Clorox Company $CLX

Universal Beteiligungs und Servicegesellschaft mbH decreased its holdings in shares of The Clorox Company (NYSE:CLX - Free Report) by 12.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 96,735 shares of the company's stock after selling 13,458 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.08% of Clorox worth $9,796,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Center for Financial Planning Inc. bought a new stake in shares of Clorox in the 3rd quarter valued at approximately $25,000. Vermillion & White Wealth Management Group LLC bought a new position in shares of Clorox during the 3rd quarter worth approximately $25,000. True Wealth Design LLC boosted its stake in Clorox by 1,020.0% in the 3rd quarter. True Wealth Design LLC now owns 224 shares of the company's stock valued at $28,000 after buying an additional 204 shares in the last quarter. Root Financial Partners LLC acquired a new stake in Clorox in the 3rd quarter valued at $29,000. Finally, Darwin Wealth Management LLC bought a new stake in Clorox in the second quarter valued at $29,000. 78.53% of the stock is owned by institutional investors and hedge funds.

Clorox Stock Down 0.0%

Shares of NYSE CLX opened at $98.68 on Monday. The Clorox Company has a 12-month low of $96.58 and a 12-month high of $143.96. The firm's 50-day simple moving average is $110.40 and its 200 day simple moving average is $109.33. The company has a quick ratio of 0.48, a current ratio of 0.74 and a debt-to-equity ratio of 71.03. The company has a market cap of $11.93 billion, a price-to-earnings ratio of 16.12, a price-to-earnings-growth ratio of 0.49 and a beta of 0.65.

Clorox (NYSE:CLX - Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $1.39 earnings per share for the quarter, missing the consensus estimate of $1.43 by ($0.04). Clorox had a net margin of 11.17% and a return on equity of 383.01%. The company had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.64 billion. During the same quarter in the previous year, the business posted $1.55 EPS. The company's revenue was down .8% compared to the same quarter last year. On average, research analysts expect that The Clorox Company will post 5.87 earnings per share for the current fiscal year.

Clorox Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Wednesday, April 22nd will be issued a $1.24 dividend. The ex-dividend date of this dividend is Wednesday, April 22nd. This represents a $4.96 dividend on an annualized basis and a dividend yield of 5.0%. Clorox's dividend payout ratio (DPR) is currently 81.05%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Royal Bank Of Canada dropped their price objective on Clorox from $132.00 to $127.00 and set a "sector perform" rating for the company in a research note on Thursday, April 9th. Barclays dropped their target price on shares of Clorox from $109.00 to $102.00 and set an "underweight" rating for the company in a research report on Tuesday, April 14th. Weiss Ratings raised shares of Clorox from a "sell (d+)" rating to a "hold (c-)" rating in a report on Monday, April 13th. JPMorgan Chase & Co. reaffirmed an "underweight" rating and set a $99.00 price objective (down from $117.00) on shares of Clorox in a report on Friday, April 17th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on Clorox from $101.00 to $100.00 and set a "hold" rating on the stock in a report on Monday, April 20th. One research analyst has rated the stock with a Buy rating, twelve have issued a Hold rating and four have assigned a Sell rating to the company's stock. Based on data from MarketBeat, Clorox has an average rating of "Reduce" and a consensus price target of $111.33.

About Clorox

The Clorox Company is a leading manufacturer and marketer of consumer and professional products designed to help people care for their homes and live healthy, sustainable lives. Its portfolio spans cleaning and household products, food and beverages, water filtration systems and cat litter, serving both retail and institutional customers. The company's flagship bleach and disinfecting products are well known in the United States and many international markets, where they help prevent the spread of germs in homes, hospitals, schools and businesses.

Clorox's diverse brand lineup includes liquid bleach and surface cleaners, eco-friendly cleaning tools, food preservation and preparation items, charcoal grills and briquettes, specialty foods and beverages, pet care products and personal care lines.

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