Teacher Retirement System of Texas cut its position in Clorox Company (The) (NYSE:CLX) by 46.9% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 82,671 shares of the company’s stock after selling 72,873 shares during the period. Teacher Retirement System of Texas owned approximately 0.06% of Clorox Company (The) worth $11,147,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of CLX. RFG Advisory Group LLC boosted its stake in Clorox Company (The) by 79.6% in the first quarter. RFG Advisory Group LLC now owns 4,047 shares of the company’s stock worth $543,000 after buying an additional 1,794 shares in the last quarter. Mission Wealth Management LLC boosted its stake in Clorox Company (The) by 12.9% in the first quarter. Mission Wealth Management LLC now owns 2,671 shares of the company’s stock valued at $360,000 after buying an additional 305 shares during the period. Simmons Bank boosted its stake in Clorox Company (The) by 1.8% in the first quarter. Simmons Bank now owns 2,761 shares of the company’s stock valued at $373,000 after buying an additional 50 shares during the period. Anchor Capital Advisors LLC boosted its stake in Clorox Company (The) by 0.9% in the first quarter. Anchor Capital Advisors LLC now owns 121,828 shares of the company’s stock valued at $16,426,000 after buying an additional 1,065 shares during the period. Finally, Legal & General Group Plc boosted its stake in Clorox Company (The) by 4.6% in the first quarter. Legal & General Group Plc now owns 707,221 shares of the company’s stock valued at $95,371,000 after buying an additional 30,943 shares during the period. 70.56% of the stock is owned by institutional investors and hedge funds.

Shares of Clorox Company (NYSE CLX) traded up 2.09% on Thursday, hitting $134.73. 1,238,978 shares of the stock traded hands. Clorox Company has a 52 week low of $111.24 and a 52 week high of $141.76. The firm has a market cap of $17.35 billion, a P/E ratio of 26.57 and a beta of 0.40. The stock has a 50-day moving average price of $134.79 and a 200 day moving average price of $133.07.

Clorox Company (The) (NYSE:CLX) last released its earnings results on Thursday, August 3rd. The company reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.04. Clorox Company (The) had a return on equity of 215.99% and a net margin of 11.22%. The company had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.65 billion. During the same quarter last year, the company earned $1.30 earnings per share. Clorox Company (The)’s quarterly revenue was up 2.9% compared to the same quarter last year. Equities research analysts predict that Clorox Company will post $5.31 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 4th. Shareholders of record on Wednesday, July 19th will be issued a $0.84 dividend. The ex-dividend date of this dividend is Monday, July 17th. This represents a $3.36 dividend on an annualized basis and a yield of 2.49%. This is an increase from Clorox Company (The)’s previous quarterly dividend of $0.80. Clorox Company (The)’s dividend payout ratio (DPR) is 66.27%.

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Several research analysts have recently issued reports on the company. Royal Bank Of Canada restated a “hold” rating and issued a $115.00 price target on shares of Clorox Company (The) in a research report on Wednesday. Zacks Investment Research lowered Clorox Company (The) from a “buy” rating to a “hold” rating in a report on Monday. BidaskClub lowered Clorox Company (The) from a “sell” rating to a “strong sell” rating in a report on Monday, July 24th. UBS AG restated a “sell” rating and issued a $121.00 price target (up from $117.00) on shares of Clorox Company (The) in a report on Friday, May 5th. Finally, Vetr lowered Clorox Company (The) from a “buy” rating to a “hold” rating and set a $139.67 price target on the stock. in a report on Tuesday, April 18th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $128.48.

Clorox Company (The) Company Profile

The Clorox Company is a manufacturer and marketer of consumer and professional products. The Company sells its products primarily through mass retail outlets, e-commerce channels, wholesale distributors and medical supply distributors. The Company operates through four segments: Cleaning, Household, Lifestyle and International.

Institutional Ownership by Quarter for Clorox Company (The) (NYSE:CLX)

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