Jump Financial LLC Acquires 19,714 Shares of The Clorox Company (NYSE:CLX)

Jump Financial LLC grew its holdings in shares of The Clorox Company (NYSE:CLX - Free Report) by 129.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 34,940 shares of the company's stock after acquiring an additional 19,714 shares during the period. Jump Financial LLC's holdings in Clorox were worth $4,982,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of CLX. TD Asset Management Inc raised its stake in Clorox by 4.6% during the third quarter. TD Asset Management Inc now owns 301,282 shares of the company's stock worth $39,486,000 after buying an additional 13,181 shares during the last quarter. TIAA Trust National Association bought a new position in Clorox during the third quarter worth $791,000. ING Groep NV bought a new position in Clorox during the third quarter worth $71,000. Sumitomo Mitsui Trust Holdings Inc. raised its stake in Clorox by 7.1% during the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 350,429 shares of the company's stock worth $45,927,000 after buying an additional 23,342 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in Clorox by 0.9% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 10,915 shares of the company's stock worth $1,431,000 after buying an additional 96 shares during the last quarter. Institutional investors own 78.53% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. DA Davidson reaffirmed a "neutral" rating and issued a $162.00 price target on shares of Clorox in a research note on Wednesday, April 17th. Barclays decreased their price target on shares of Clorox from $136.00 to $132.00 and set an "underweight" rating for the company in a research note on Thursday, May 2nd. Jefferies Financial Group raised shares of Clorox from an "underperform" rating to a "hold" rating and set a $145.00 price target for the company in a research note on Tuesday, March 26th. Citigroup decreased their price target on shares of Clorox from $155.00 to $150.00 and set a "neutral" rating for the company in a research note on Wednesday, May 1st. Finally, Evercore ISI decreased their price target on shares of Clorox from $145.00 to $142.00 and set an "underperform" rating for the company in a research note on Wednesday, May 1st. Four equities research analysts have rated the stock with a sell rating and thirteen have given a hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $146.43.

Clorox Stock Up 1.3 %

CLX stock traded up $1.79 during trading on Friday, reaching $143.35. The stock had a trading volume of 1,239,835 shares, compared to its average volume of 1,404,951. The Clorox Company has a one year low of $114.68 and a one year high of $169.87. The company has a quick ratio of 0.53, a current ratio of 0.90 and a debt-to-equity ratio of 9.73. The company's 50 day moving average is $147.33 and its two-hundred day moving average is $143.78. The company has a market capitalization of $17.80 billion, a price-to-earnings ratio of 74.27, a P/E/G ratio of 2.18 and a beta of 0.44.

Clorox (NYSE:CLX - Get Free Report) last issued its quarterly earnings data on Tuesday, April 30th. The company reported $1.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.33 by $0.38. Clorox had a net margin of 3.33% and a return on equity of 302.49%. The business had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same period in the prior year, the firm posted $1.51 EPS. The firm's quarterly revenue was down 5.3% compared to the same quarter last year. Equities research analysts forecast that The Clorox Company will post 5.83 EPS for the current year.

Clorox Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 10th. Stockholders of record on Wednesday, April 24th were given a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date of this dividend was Tuesday, April 23rd. Clorox's dividend payout ratio is currently 248.71%.

About Clorox

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.

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