First PREMIER Bank Has $521,000 Stake in Clorox Company (The) (CLX)

First PREMIER Bank raised its position in Clorox Company (The) (NYSE:CLX) by 10.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,915 shares of the company’s stock after buying an additional 365 shares during the period. First PREMIER Bank’s holdings in Clorox Company (The) were worth $521,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. BlackRock Inc. boosted its position in shares of Clorox Company (The) by 1,402.2% in the first quarter. BlackRock Inc. now owns 10,390,206 shares of the company’s stock valued at $1,400,912,000 after buying an additional 9,698,542 shares during the last quarter. Parnassus Investments CA bought a new position in shares of Clorox Company (The) during the first quarter valued at about $434,255,000. Vanguard Group Inc. raised its stake in shares of Clorox Company (The) by 4.8% in the first quarter. Vanguard Group Inc. now owns 14,164,716 shares of the company’s stock valued at $1,909,829,000 after buying an additional 649,766 shares during the period. Morgan Stanley raised its stake in shares of Clorox Company (The) by 31.9% in the first quarter. Morgan Stanley now owns 996,369 shares of the company’s stock valued at $134,342,000 after buying an additional 241,210 shares during the period. Finally, WINTON GROUP Ltd raised its stake in shares of Clorox Company (The) by 762.4% in the first quarter. WINTON GROUP Ltd now owns 228,197 shares of the company’s stock valued at $28,566,000 after buying an additional 201,737 shares during the period. 70.29% of the stock is owned by hedge funds and other institutional investors.

Shares of Clorox Company (NYSE CLX) opened at 134.31 on Friday. Clorox Company has a 52 week low of $111.24 and a 52 week high of $141.76. The firm’s 50-day moving average price is $133.58 and its 200 day moving average price is $133.56. The firm has a market capitalization of $17.34 billion, a price-to-earnings ratio of 25.18 and a beta of 0.40.

Clorox Company (The) (NYSE:CLX) last released its quarterly earnings results on Thursday, August 3rd. The company reported $1.53 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.49 by $0.04. The firm had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.65 billion. Clorox Company (The) had a net margin of 11.74% and a return on equity of 190.67%. The business’s revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.30 EPS. On average, analysts anticipate that Clorox Company will post $5.67 EPS for the current year.

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CLX has been the topic of several research analyst reports. Vetr lowered Clorox Company (The) from a “buy” rating to a “hold” rating and set a $139.67 target price on the stock. in a research report on Tuesday, April 18th. Jefferies Group LLC began coverage on Clorox Company (The) in a research report on Tuesday, April 18th. They set a “hold” rating and a $138.00 price target on the stock. BMO Capital Markets reaffirmed a “buy” rating and set a $136.00 price target on shares of Clorox Company (The) in a research report on Thursday, May 4th. BidaskClub lowered Clorox Company (The) from a “hold” rating to a “sell” rating in a report on Wednesday, July 5th. Finally, Deutsche Bank AG reissued a “hold” rating and issued a $137.00 target price (up previously from $126.00) on shares of Clorox Company (The) in a report on Saturday, July 22nd. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $129.05.

About Clorox Company (The)

The Clorox Company is a manufacturer and marketer of consumer and professional products. The Company sells its products primarily through mass retail outlets, e-commerce channels, wholesale distributors and medical supply distributors. The Company operates through four segments: Cleaning, Household, Lifestyle and International.

Institutional Ownership by Quarter for Clorox Company (The) (NYSE:CLX)

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