1,375 Shares in The Clorox Company (NYSE:CLX) Bought by Affinity Capital Advisors LLC

Affinity Capital Advisors LLC acquired a new position in The Clorox Company (NYSE:CLX) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,375 shares of the company’s stock, valued at approximately $224,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. GoalVest Advisory LLC purchased a new stake in Clorox during the first quarter worth $31,000. First Foundation Advisors purchased a new stake in shares of Clorox in the 1st quarter worth about $31,000. Innealta Capital LLC acquired a new stake in Clorox in the 2nd quarter valued at about $30,000. Trifecta Capital Advisors LLC increased its holdings in Clorox by 139.8% during the 2nd quarter. Trifecta Capital Advisors LLC now owns 223 shares of the company’s stock valued at $30,000 after acquiring an additional 130 shares in the last quarter. Finally, Quarry LP raised its position in Clorox by 99.1% during the second quarter. Quarry LP now owns 229 shares of the company’s stock worth $31,000 after acquiring an additional 114 shares during the last quarter. Institutional investors and hedge funds own 78.53% of the company’s stock.

Analyst Ratings Changes

CLX has been the topic of several research reports. TD Cowen started coverage on shares of Clorox in a research report on Tuesday, July 23rd. They issued a “sell” rating and a $122.00 price target on the stock. Deutsche Bank Aktiengesellschaft raised their price target on Clorox from $144.00 to $151.00 and gave the stock a “hold” rating in a research report on Friday, August 2nd. BNP Paribas upgraded Clorox to a “strong sell” rating in a research report on Friday, September 6th. DA Davidson reiterated a “neutral” rating and set a $153.00 price objective on shares of Clorox in a research report on Friday, September 6th. Finally, Citigroup upped their target price on shares of Clorox from $165.00 to $170.00 and gave the company a “neutral” rating in a report on Friday, September 6th. Six analysts have rated the stock with a sell rating, ten have issued a hold rating and one has given a buy rating to the company. According to MarketBeat.com, Clorox has a consensus rating of “Hold” and an average target price of $146.13.

Insider Activity at Clorox

In related news, EVP Angela C. Hilt sold 1,733 shares of the stock in a transaction on Friday, September 6th. The stock was sold at an average price of $165.52, for a total value of $286,846.16. Following the completion of the sale, the executive vice president now directly owns 13,471 shares in the company, valued at approximately $2,229,719.92. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.51% of the company’s stock.

Clorox Stock Down 0.6 %

Shares of CLX opened at $160.64 on Tuesday. The Clorox Company has a fifty-two week low of $114.68 and a fifty-two week high of $169.09. The company’s fifty day moving average is $154.91 and its two-hundred day moving average is $144.39. The firm has a market cap of $19.95 billion, a PE ratio of 83.23, a price-to-earnings-growth ratio of 3.31 and a beta of 0.41. The company has a quick ratio of 0.63, a current ratio of 1.03 and a debt-to-equity ratio of 5.04.

Clorox (NYSE:CLX) last issued its earnings results on Thursday, August 1st. The company reported $1.82 earnings per share for the quarter, beating analysts’ consensus estimates of $1.54 by $0.28. The firm had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.97 billion. Clorox had a return on equity of 281.12% and a net margin of 3.95%. Analysts forecast that The Clorox Company will post 6.63 earnings per share for the current year.

Clorox Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 7th. Stockholders of record on Wednesday, October 23rd will be paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.04%. The ex-dividend date of this dividend is Wednesday, October 23rd. Clorox’s dividend payout ratio is presently 252.85%.

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.