Clorox Co (CLX) : Boston Advisors scooped up 24,501 additional shares in Clorox Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 196,360 shares of Clorox Co which is valued at $25,729,051.Clorox Co makes up approximately 0.62% of Boston Advisors’s portfolio.
Other Hedge Funds, Including , Retirement Systems Of Alabama boosted its stake in CLX in the latest quarter, The investment management firm added 389 additional shares and now holds a total of 65,939 shares of Clorox Co which is valued at $8,639,987. Clorox Co makes up approx 0.05% of Retirement Systems Of Alabama’s portfolio.Msi Financial Services Inc reduced its stake in CLX by selling 585 shares or 2.32% in the most recent quarter. The Hedge Fund company now holds 24,613 shares of CLX which is valued at $3,225,041. Clorox Co makes up approx 0.11% of Msi Financial Services Inc’s portfolio. Clarkston Capital Partners sold out all of its stake in CLX during the most recent quarter. The investment firm sold 44,097 shares of CLX which is valued $5,961,032.Palisade Asset Management reduced its stake in CLX by selling 200 shares or 3.8% in the most recent quarter. The Hedge Fund company now holds 5,060 shares of CLX which is valued at $693,524. Clorox Co makes up approx 0.13% of Palisade Asset Management’s portfolio.
Clorox Co opened for trading at $130.43 and hit $131.79 on the upside on Friday, eventually ending the session at $131.07, with a gain of 0.18% or 0.24 points. The heightened volatility saw the trading volume jump to 9,73,177 shares. Company has a market cap of $16,953 M.
On the company’s financial health, Clorox Co reported $1.21 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on May 3, 2016. Analyst had a consensus of $1.10. The company had revenue of $1426.00 million for the quarter, compared to analysts expectations of $1408.28 million. The company’s revenue was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.08 EPS.
Many Wall Street Analysts have commented on Clorox Co. Clorox Co was Initiated by Atlantic Equities to “Neutral” on Jun 14, 2016. Company shares were Reiterated by B. Riley & Co. on May 5, 2016 to “Neutral”, Firm has raised the Price Target to $ 109 from a previous price target of $102 .Company shares were Reiterated by UBS on May 4, 2016 to “Sell”, Firm has raised the Price Target to $ 112 from a previous price target of $110 .
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.