Clorox Co (CLX) : Pinkerton Retirement Specialists scooped up 1,661 additional shares in Clorox Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 18,369 shares of Clorox Co which is valued at $2,078,269.Clorox Co makes up approximately 0.88% of Pinkerton Retirement Specialists’s portfolio.
Other Hedge Funds, Including , Panagora Asset Management Inc reduced its stake in CLX by selling 15,089 shares or 10.82% in the most recent quarter. The Hedge Fund company now holds 124,379 shares of CLX which is valued at $14,061,046. Clorox Co makes up approx 0.07% of Panagora Asset Management Inc’s portfolio.New York State Teachers Retirement System reduced its stake in CLX by selling 12,307 shares or 5.27% in the most recent quarter. The Hedge Fund company now holds 221,352 shares of CLX which is valued at $24,846,762. Clorox Co makes up approx 0.07% of New York State Teachers Retirement System’s portfolio.Mitsubishi Ufj Trust Banking Corp boosted its stake in CLX in the latest quarter, The investment management firm added 15,288 additional shares and now holds a total of 332,422 shares of Clorox Co which is valued at $37,314,370. Clorox Co makes up approx 0.08% of Mitsubishi Ufj Trust Banking Corp’s portfolio.Newsquare Capital reduced its stake in CLX by selling 3,701 shares or 99.25% in the most recent quarter. The Hedge Fund company now holds 28 shares of CLX which is valued at $3,239.Btim Corp. boosted its stake in CLX in the latest quarter, The investment management firm added 215 additional shares and now holds a total of 15,450 shares of Clorox Co which is valued at $1,881,347. Clorox Co makes up approx 0.03% of Btim Corp.’s portfolio.
Clorox Co opened for trading at $113.7 and hit $114.91 on the upside on Monday, eventually ending the session at $114.8, with a gain of 1.13% or 1.28 points. The heightened volatility saw the trading volume jump to 14,20,063 shares. Company has a market cap of $14,780 M.
On the company’s financial health, Clorox Co reported $1.36 EPS for the quarter, missing the analyst consensus estimate by $ -0.06 based on the information available during the earnings call on Nov 2, 2016. Analyst had a consensus of $1.42. The company had revenue of $1443.00 million for the quarter, compared to analysts expectations of $1428.44 million. The company’s revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.32 EPS.
Investors should note that on Nov 15, 2016, Clorox Co announced a cash dividend of $0.8000. The company’s management has announced Jan 23, 2017 as the ex-dividend date and fixed the record date on Jan 25, 2017. The payable date has been fixed on Feb 10, 2017.
Many Wall Street Analysts have commented on Clorox Co. Clorox Co was Resumed by Wells Fargo to “Market Perform” on Nov 15, 2016. Shares were Reiterated by RBC Capital Mkts on Nov 3, 2016 to “Sector Perform” and Lowered the Price Target to $ 115 from a previous price target of $121 .
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.