The Clorox Company (NYSE:CLX) Shares Sold by Mirabella Financial Services LLP

Mirabella Financial Services LLP decreased its position in The Clorox Company (NYSE:CLX - Free Report) by 69.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,675 shares of the company's stock after selling 6,115 shares during the quarter. Mirabella Financial Services LLP's holdings in Clorox were worth $434,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Brooklyn Investment Group increased its position in shares of Clorox by 163.8% during the 4th quarter. Brooklyn Investment Group now owns 153 shares of the company's stock valued at $25,000 after purchasing an additional 95 shares during the last quarter. Redwood Park Advisors LLC bought a new position in Clorox during the fourth quarter valued at $26,000. Millstone Evans Group LLC purchased a new stake in shares of Clorox in the fourth quarter valued at $31,000. Asset Planning Inc bought a new stake in shares of Clorox in the 4th quarter worth about $32,000. Finally, GKV Capital Management Co. Inc. bought a new position in Clorox during the 4th quarter valued at about $32,000. 78.53% of the stock is owned by hedge funds and other institutional investors.

Clorox Price Performance

Shares of Clorox stock traded up $0.71 during trading hours on Friday, reaching $138.28. The stock had a trading volume of 825,138 shares, compared to its average volume of 1,301,951. The Clorox Company has a twelve month low of $127.60 and a twelve month high of $171.37. 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 firm has a market capitalization of $17.03 billion, a PE ratio of 37.78, a PEG ratio of 2.62 and a beta of 0.61. The stock's 50 day moving average is $145.61 and its 200 day moving average is $155.68.

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, topping the consensus estimate 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 period last year, the firm posted $2.16 earnings per share. Equities analysts expect that The Clorox Company will post 7.15 earnings per share for the current fiscal year.

Clorox Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 23rd will be given a dividend of $1.22 per share. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a $4.88 dividend on an annualized basis and a yield of 3.53%. Clorox's payout ratio is 133.33%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CLX. Barclays dropped their target price on Clorox from $139.00 to $134.00 and set an "underweight" rating for the company in a research report on Friday, April 11th. Wells Fargo & Company decreased their target price on Clorox from $155.00 to $145.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 16th. JPMorgan Chase & Co. cut their price target on shares of Clorox from $173.00 to $151.00 and set a "neutral" rating on the stock in a report on Friday, April 11th. Evercore ISI boosted their price target on Clorox from $145.00 to $155.00 in a report on Tuesday, February 4th. 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 report on Thursday, April 17th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $153.83.

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.