Blue Trust Inc. Has $182,000 Position in The Clorox Company (NYSE:CLX)

Blue Trust Inc. lifted its holdings in The Clorox Company (NYSE:CLX) by 22.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,116 shares of the company’s stock after buying an additional 203 shares during the period. Blue Trust Inc.’s holdings in Clorox were worth $182,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Brooklyn Investment Group lifted its stake in Clorox by 163.8% in the 4th quarter. Brooklyn Investment Group now owns 153 shares of the company’s stock worth $25,000 after acquiring an additional 95 shares in the last quarter. Prospera Private Wealth LLC acquired a new position in shares of Clorox in the 3rd quarter valued at about $27,000. Continuum Advisory LLC boosted its holdings in shares of Clorox by 300.0% during the third quarter. Continuum Advisory LLC now owns 184 shares of the company’s stock worth $30,000 after purchasing an additional 138 shares during the period. Carolina Wealth Advisors LLC purchased a new position in Clorox during the third quarter valued at approximately $48,000. Finally, Friedenthal Financial purchased a new position in Clorox during the third quarter valued at approximately $49,000. Hedge funds and other institutional investors own 78.53% of the company’s stock.

Clorox Price Performance

NYSE CLX opened at $148.29 on Wednesday. The company has a market cap of $18.36 billion, a P/E ratio of 51.67, a P/E/G ratio of 2.92 and a beta of 0.42. The Clorox Company has a 1 year low of $127.60 and a 1 year high of $171.37. The company has a current ratio of 1.00, a quick ratio of 0.62 and a debt-to-equity ratio of 11.08. The company has a fifty day simple moving average of $162.63 and a 200 day simple moving average of $158.67.

Clorox (NYSE:CLX) last released its quarterly 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 4.78% and a return on equity of 316.08%. During the same quarter in the previous year, the business earned $2.16 earnings per share. On average, sell-side analysts predict that The Clorox Company will post 6.86 EPS for the current year.

Clorox Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Wednesday, January 29th will be given a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.29%. The ex-dividend date of this dividend is Wednesday, January 29th. Clorox’s dividend payout ratio is currently 170.04%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on CLX shares. Evercore ISI lifted their target price on shares of Clorox from $145.00 to $155.00 in a research note on Tuesday. TD Cowen upgraded Clorox from a “sell” rating to a “hold” rating and boosted their target price for the company from $155.00 to $170.00 in a research note on Wednesday, November 6th. Wells Fargo & Company raised their price target on Clorox from $157.00 to $161.00 and gave the stock an “equal weight” rating in a research note on Tuesday. Barclays reduced their price target on Clorox from $139.00 to $130.00 and set an “underweight” rating for the company in a report on Friday, January 17th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $150.00 price objective on shares of Clorox in a report on Thursday, January 30th. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, Clorox has an average rating of “Hold” and a consensus target price of $157.64.

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.