Guggenheim Capital LLC Buys 834 Shares of The Clorox Company (NYSE:CLX)

Guggenheim Capital LLC boosted its position in shares of The Clorox Company (NYSE:CLX) by 2.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,327 shares of the company’s stock after buying an additional 834 shares during the quarter. Guggenheim Capital LLC’s holdings in Clorox were worth $5,737,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. MML Investors Services LLC raised its position in Clorox by 9.7% in the 3rd quarter. MML Investors Services LLC now owns 8,959 shares of the company’s stock worth $1,460,000 after purchasing an additional 792 shares during the period. Virtu Financial LLC purchased a new stake in shares of Clorox in the third quarter worth approximately $714,000. Diamant Asset Management Inc. lifted its stake in shares of Clorox by 12.5% during the 3rd quarter. Diamant Asset Management Inc. now owns 2,250 shares of the company’s stock worth $367,000 after acquiring an additional 250 shares during the last quarter. Wilmington Savings Fund Society FSB boosted its holdings in Clorox by 12.5% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 10,366 shares of the company’s stock valued at $1,689,000 after acquiring an additional 1,150 shares during the period. Finally, Tidal Investments LLC grew its position in Clorox by 1.3% in the 3rd quarter. Tidal Investments LLC now owns 29,913 shares of the company’s stock valued at $4,873,000 after acquiring an additional 393 shares during the last quarter. Hedge funds and other institutional investors own 78.53% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CLX. Wells Fargo & Company lowered their target price on shares of Clorox from $155.00 to $145.00 and set an “equal weight” rating for the company in a research note on Wednesday. JPMorgan Chase & Co. lowered their price objective on shares of Clorox from $173.00 to $151.00 and set a “neutral” rating for the company in a research report on Friday, April 11th. StockNews.com lowered shares of Clorox from a “buy” rating to a “hold” rating in a research report on Sunday, January 5th. Evercore ISI boosted their price target on Clorox from $145.00 to $155.00 in a report on Tuesday, February 4th. Finally, Barclays reduced their price objective on Clorox from $139.00 to $134.00 and set an “underweight” rating on the stock in a report on Friday, April 11th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $153.83.

Clorox Stock Up 2.0 %

Shares of Clorox stock opened at $139.60 on Friday. The company has a quick ratio of 0.60, a current ratio of 0.94 and a debt-to-equity ratio of 20.52. The company has a market cap of $17.20 billion, a P/E ratio of 38.14, a PEG ratio of 2.62 and a beta of 0.61. The firm’s 50 day moving average price is $146.74 and its 200-day moving average price is $156.63. The Clorox Company has a 52-week low of $127.60 and a 52-week 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 (EPS) for the quarter, topping analysts’ consensus estimates 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 quarter in the prior year, the firm earned $2.16 EPS. On average, sell-side analysts predict that The Clorox Company will post 7.15 EPS for the current fiscal year.

Clorox Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.50%. Clorox’s payout ratio is 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.