The Clorox Company (NYSE:CLX) Stock Holdings Increased by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC boosted its holdings in The Clorox Company (NYSE:CLX - Free Report) by 100.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 11,377 shares of the company's stock after buying an additional 5,710 shares during the period. Tower Research Capital LLC TRC's holdings in Clorox were worth $1,848,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CLX. Transce3nd LLC acquired a new stake in shares of Clorox in the fourth quarter worth approximately $77,000. MetLife Investment Management LLC raised its stake in Clorox by 1.0% during the fourth quarter. MetLife Investment Management LLC now owns 38,236 shares of the company's stock worth $6,210,000 after purchasing an additional 375 shares during the period. Ossiam boosted its holdings in shares of Clorox by 438.4% in the 4th quarter. Ossiam now owns 83,454 shares of the company's stock valued at $13,554,000 after purchasing an additional 67,953 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S grew its stake in shares of Clorox by 391.0% during the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 36,994 shares of the company's stock valued at $6,008,000 after buying an additional 29,460 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Clorox by 11.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 931,028 shares of the company's stock worth $151,202,000 after buying an additional 93,570 shares during the last quarter. Hedge funds and other institutional investors own 78.53% of the company's stock.

Analyst Ratings Changes

CLX has been the subject of a number of research reports. Evercore ISI boosted their price target on Clorox from $145.00 to $155.00 in a research report on Tuesday, February 4th. StockNews.com cut Clorox from a "buy" rating to a "hold" rating in a report on Sunday, January 5th. Wells Fargo & Company cut their price target on shares of Clorox from $155.00 to $145.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. JPMorgan Chase & Co. reduced their price target on shares of Clorox from $173.00 to $151.00 and set a "neutral" rating on the stock in a research report on Friday, April 11th. Finally, UBS Group cut their target price on shares of Clorox from $176.00 to $154.00 and set a "neutral" rating on the stock in a research note on Thursday, April 17th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $153.83.

Clorox Stock Up 0.5 %

CLX stock traded up $0.63 during trading on Monday, reaching $138.90. The stock had a trading volume of 338,548 shares, compared to its average volume of 1,427,650. The firm has a fifty day moving average price of $145.61 and a 200 day moving average price of $155.63. The company has a current ratio of 0.94, a quick ratio of 0.60 and a debt-to-equity ratio of 20.52. The company has a market capitalization of $17.11 billion, a P/E ratio of 37.95, a PEG ratio of 2.62 and a beta of 0.61. The Clorox Company has a 1-year low of $127.60 and a 1-year high of $171.37.

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

Clorox Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 23rd will be issued a $1.22 dividend. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a $4.88 annualized dividend and a yield of 3.51%. Clorox's dividend payout ratio is presently 133.33%.

Clorox Company 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.