Andra Ap-fonden Lowers stake in Clorox Co (CLX)

Clorox Co (CLX) : Andra Ap-fonden reduced its stake in Clorox Co by 6.37% during the most recent quarter end. The investment management company now holds a total of 180,800 shares of Clorox Co which is valued at $24,122,336 after selling 12,300 shares in Clorox Co , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Clorox Co makes up approximately 0.61% of Andra Ap-fonden’s portfolio.

Other Hedge Funds, Including , Seven Eight Capital reduced its stake in CLX by selling 2,800 shares or 77.67% in the most recent quarter. The Hedge Fund company now holds 805 shares of CLX which is valued at $107,403. Clorox Co makes up approx 0.04% of Seven Eight Capital’s portfolio.New York State Common Retirement Fund boosted its stake in CLX in the latest quarter, The investment management firm added 53,200 additional shares and now holds a total of 380,000 shares of Clorox Co which is valued at $50,699,600. Clorox Co makes up approx 0.07% of New York State Common Retirement Fund’s portfolio.First Manhattan Co boosted its stake in CLX in the latest quarter, The investment management firm added 315 additional shares and now holds a total of 17,307 shares of Clorox Co which is valued at $2,355,829. Clorox Co makes up approx 0.01% of First Manhattan Co’s portfolio.

Clorox Co opened for trading at $130.83 and hit $131.77 on the upside on Monday, eventually ending the session at $131.46, with a gain of 0.64% or 0.83 points. The heightened volatility saw the trading volume jump to 5,08,361 shares. Company has a market cap of $17,020 M.

On the company’s financial health, Clorox Co reported $1.30 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $1.28. The company had revenue of $1600.00 million for the quarter, compared to analysts expectations of $1587.79 million. The company’s revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.44 EPS.

Many Wall Street Analysts have commented on Clorox Co. Clorox Co was Initiated by Atlantic Equities to “Neutral” on Jun 14, 2016.

The Clorox Company (Clorox) is a United States-based manufacturer and marketer of consumer and professional products. The Company sells its products through mass retail outlets e-commerce channels distributors and medical supply providers. The Company operates through strategic business units that are aggregated into four reportable segments: Cleaning which consists of laundry home care and professional products marketed and sold in the United States; Household which consists of charcoal cat litter and plastic bags wraps and container products; Lifestyle which includes food products water-filtration systems and filters and natural personal care products and International which consists of products sold outside the United States such as laundry home care water-filtration charcoal and cat litter products dressings and sauces plastic bags wraps and containers and natural personal care products.

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