Atria Investments Inc Sells 1,065 Shares of The Clorox Company (NYSE:CLX)

Atria Investments Inc trimmed its stake in shares of The Clorox Company (NYSE:CLX) by 5.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 17,513 shares of the company’s stock after selling 1,065 shares during the quarter. Atria Investments Inc’s holdings in Clorox were worth $2,844,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Integral Investment Advisors Inc. lifted its position in shares of Clorox by 4.1% during the 4th quarter. Integral Investment Advisors Inc. now owns 1,718 shares of the company’s stock worth $279,000 after buying an additional 67 shares during the last quarter. HCR Wealth Advisors lifted its position in shares of Clorox by 1.0% during the 4th quarter. HCR Wealth Advisors now owns 6,870 shares of the company’s stock worth $1,116,000 after buying an additional 68 shares during the last quarter. Empower Advisory Group LLC lifted its position in shares of Clorox by 4.5% during the 3rd quarter. Empower Advisory Group LLC now owns 1,823 shares of the company’s stock worth $297,000 after buying an additional 78 shares during the last quarter. Aviance Capital Partners LLC lifted its position in shares of Clorox by 2.7% during the 3rd quarter. Aviance Capital Partners LLC now owns 3,080 shares of the company’s stock worth $502,000 after buying an additional 80 shares during the last quarter. Finally, Lindbrook Capital LLC lifted its position in shares of Clorox by 9.9% during the 3rd quarter. Lindbrook Capital LLC now owns 977 shares of the company’s stock worth $159,000 after buying an additional 88 shares during the last quarter. 78.53% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on CLX. JPMorgan Chase & Co. upped their price objective on Clorox from $171.00 to $173.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 4th. DA Davidson dropped their price objective on Clorox from $171.00 to $169.00 and set a “neutral” rating for the company in a research report on Wednesday, February 5th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $150.00 target price on shares of Clorox in a report on Thursday, January 30th. Evercore ISI upped their target price on Clorox from $145.00 to $155.00 in a report on Tuesday, February 4th. Finally, Wells Fargo & Company upped their target price on Clorox from $157.00 to $161.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 4th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $159.62.

Clorox Trading Up 1.8 %

Shares of CLX stock opened at $151.11 on Friday. The stock has a market cap of $18.61 billion, a price-to-earnings ratio of 41.29, a PEG ratio of 2.62 and a beta of 0.45. The stock has a 50-day moving average of $155.65 and a 200-day moving average of $160.40. 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 Clorox Company has a 1-year low of $127.60 and a 1-year high of $171.37.

Clorox (NYSE:CLX) last issued its quarterly earnings results on Monday, February 3rd. The company reported $1.55 earnings per share for the quarter, beating the consensus estimate 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 previous year, the business earned $2.16 earnings per share. On average, equities research analysts forecast that The Clorox Company will post 7.15 earnings per share for the current year.

Clorox Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 23rd will be paid a dividend of $1.22 per share. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a $4.88 annualized dividend and a yield of 3.23%. Clorox’s dividend payout ratio is currently 133.33%.

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.