Phocas Financial Corp. bought a new position in shares of Clorox Company (The) (NYSE:CLX) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,250 shares of the company’s stock, valued at approximately $167,000.

Several other large investors have also recently modified their holdings of CLX. American Beacon Advisors Inc. acquired a new position in shares of Clorox Company (The) during the first quarter worth approximately $104,000. Parkside Financial Bank & Trust raised its position in shares of Clorox Company (The) by 3.8% during the second quarter. Parkside Financial Bank & Trust now owns 796 shares of the company’s stock worth $107,000 after purchasing an additional 29 shares during the period. Valley National Advisers Inc. raised its position in shares of Clorox Company (The) by 0.6% during the second quarter. Valley National Advisers Inc. now owns 865 shares of the company’s stock worth $115,000 after purchasing an additional 5 shares during the period. Blue Chip Partners Inc. raised its position in shares of Clorox Company (The) by 3.9% during the second quarter. Blue Chip Partners Inc. now owns 941 shares of the company’s stock worth $125,000 after purchasing an additional 35 shares during the period. Finally, Sun Life Financial INC raised its position in shares of Clorox Company (The) by 10,344.4% during the second quarter. Sun Life Financial INC now owns 940 shares of the company’s stock worth $125,000 after purchasing an additional 931 shares during the period. 71.22% of the stock is currently owned by institutional investors.

A number of equities analysts have recently weighed in on CLX shares. Zacks Investment Research lowered Clorox Company (The) from a “hold” rating to a “sell” rating in a research report on Wednesday, October 4th. BidaskClub downgraded Clorox Company (The) from a “hold” rating to a “sell” rating in a report on Wednesday, July 5th. Jefferies Group LLC reiterated a “hold” rating and set a $132.00 price target (down previously from $137.00) on shares of Clorox Company (The) in a report on Friday, October 6th. Deutsche Bank AG reiterated a “hold” rating and set a $137.00 price target (up previously from $126.00) on shares of Clorox Company (The) in a report on Saturday, July 22nd. Finally, BMO Capital Markets reiterated a “buy” rating and set a $150.00 price target on shares of Clorox Company (The) in a report on Thursday, October 5th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $127.39.

Shares of Clorox Company (CLX) traded down 0.8627% on Thursday, reaching $129.8302. The company’s stock had a trading volume of 155,511 shares. The company has a market cap of $16.76 billion, a price-to-earnings ratio of 24.3356 and a beta of 0.39. Clorox Company has a 52-week low of $111.24 and a 52-week high of $141.76. The stock has a 50-day moving average of $132.89 and a 200 day moving average of $134.24.

Clorox Company (The) (NYSE:CLX) last posted its quarterly earnings results on Thursday, August 3rd. The company reported $1.53 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.49 by $0.04. Clorox Company (The) had a return on equity of 190.67% and a net margin of 11.74%. The firm had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.65 billion. During the same quarter in the previous year, the business earned $1.30 earnings per share. The company’s revenue was up 2.9% on a year-over-year basis. On average, equities research analysts forecast that Clorox Company will post $5.63 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 13th. Stockholders of record on Wednesday, October 25th will be paid a $0.84 dividend. This represents a $3.36 annualized dividend and a dividend yield of 2.57%. The ex-dividend date is Tuesday, October 24th. Clorox Company (The)’s dividend payout ratio is currently 63.04%.

In other news, COO Dawn C. Willoughby sold 2,158 shares of the business’s stock in a transaction on Tuesday, August 29th. The stock was sold at an average price of $138.00, for a total value of $297,804.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Jon M. Balousek sold 9,223 shares of the business’s stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $138.87, for a total value of $1,280,798.01. Following the completion of the transaction, the senior vice president now owns 20,614 shares of the company’s stock, valued at approximately $2,862,666.18. The disclosure for this sale can be found here. Insiders sold 21,242 shares of company stock valued at $2,944,449 in the last 90 days. Company insiders own 1.00% of the company’s stock.

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About Clorox Company (The)

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.

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

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