Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 644 Shares of The Clorox Company (NYSE:CLX)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lowered its stake in shares of The Clorox Company (NYSE:CLX) by 2.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 26,320 shares of the company’s stock after selling 644 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Clorox were worth $4,275,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brooklyn Investment Group boosted its holdings in Clorox by 163.8% during the fourth quarter. Brooklyn Investment Group now owns 153 shares of the company’s stock worth $25,000 after buying an additional 95 shares during the last quarter. Continuum Advisory LLC boosted its holdings in Clorox by 300.0% during the third quarter. Continuum Advisory LLC now owns 184 shares of the company’s stock worth $30,000 after buying an additional 138 shares during the last quarter. Asset Planning Inc bought a new position in Clorox during the fourth quarter worth about $32,000. Halbert Hargrove Global Advisors LLC bought a new position in Clorox during the fourth quarter worth about $36,000. Finally, BankPlus Trust Department bought a new position in Clorox during the fourth quarter worth about $40,000. Institutional investors own 78.53% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on CLX shares. Barclays lifted their price objective on Clorox from $130.00 to $140.00 and gave the company an “underweight” rating in a report on Wednesday, February 5th. JPMorgan Chase & Co. lifted their price objective on Clorox from $171.00 to $173.00 and gave the company a “neutral” rating in a report on Tuesday, February 4th. StockNews.com cut Clorox from a “buy” rating to a “hold” rating in a report on Sunday, January 5th. Royal Bank of Canada reiterated a “sector perform” rating and set a $150.00 price objective on shares of Clorox in a report on Thursday, January 30th. Finally, DA Davidson cut their price objective on Clorox from $171.00 to $169.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $159.62.

Clorox Stock Down 0.3 %

NYSE:CLX opened at $144.88 on Monday. The firm has a market capitalization of $17.85 billion, a price-to-earnings ratio of 39.58, a price-to-earnings-growth ratio of 2.62 and a beta of 0.45. The Clorox Company has a twelve month low of $127.60 and a twelve month high of $171.37. The stock’s 50 day moving average price is $152.84 and its two-hundred day moving average price is $159.74. The company has a quick ratio of 0.60, a current ratio of 0.94 and a debt-to-equity ratio of 20.52.

Clorox (NYSE:CLX) last posted its quarterly earnings results on Monday, February 3rd. The company reported $1.55 earnings per share for the quarter, topping 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 quarter last year, the business posted $2.16 EPS. Equities research analysts expect that The Clorox Company will post 7.15 earnings per share for the current fiscal year.

Clorox Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 23rd will be given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 3.37%. The ex-dividend date of this dividend is Wednesday, April 23rd. Clorox’s dividend payout ratio (DPR) is 133.33%.

Clorox Company 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.