FDx Advisors Inc. Raises Holdings in Clorox Company (The) (CLX)

FDx Advisors Inc. raised its position in Clorox Company (The) (NYSE:CLX) by 32.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,312 shares of the company’s stock after buying an additional 4,256 shares during the quarter. FDx Advisors Inc.’s holdings in Clorox Company (The) were worth $2,284,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CLX. Janus Henderson Group PLC grew its holdings in Clorox Company (The) by 8,008.5% in the 2nd quarter. Janus Henderson Group PLC now owns 1,323,475 shares of the company’s stock valued at $176,340,000 after buying an additional 1,307,153 shares in the last quarter. Vanguard Group Inc. grew its holdings in Clorox Company (The) by 2.6% in the 2nd quarter. Vanguard Group Inc. now owns 14,534,634 shares of the company’s stock valued at $1,936,595,000 after buying an additional 369,918 shares in the last quarter. APG Asset Management N.V. grew its holdings in Clorox Company (The) by 30.9% in the 3rd quarter. APG Asset Management N.V. now owns 1,301,915 shares of the company’s stock valued at $171,736,000 after buying an additional 307,700 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in Clorox Company (The) by 24.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,341,272 shares of the company’s stock valued at $178,433,000 after buying an additional 265,200 shares in the last quarter. Finally, Renaissance Technologies LLC grew its holdings in Clorox Company (The) by 24.5% in the 2nd quarter. Renaissance Technologies LLC now owns 1,341,400 shares of the company’s stock valued at $178,728,000 after buying an additional 263,700 shares in the last quarter. 71.54% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts have recently weighed in on the company. Jefferies Group LLC reiterated a “hold” rating and set a $137.00 target price (up from $136.00) on shares of Clorox Company (The) in a research report on Wednesday, August 9th. Royal Bank Of Canada reiterated a “hold” rating and set a $115.00 target price on shares of Clorox Company (The) in a research report on Wednesday, August 2nd. Zacks Investment Research downgraded Clorox Company (The) from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. BidaskClub downgraded Clorox Company (The) from a “sell” rating to a “strong sell” rating in a research report on Monday, July 24th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Clorox Company (The) in a research report on Tuesday, September 12th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $128.72.

Shares of Clorox Company (CLX) traded up $1.37 during mid-day trading on Friday, hitting $132.05. The company had a trading volume of 718,800 shares, compared to its average volume of 1,096,607. The company has a current ratio of 1.10, a quick ratio of 0.77 and a debt-to-equity ratio of 3.02. Clorox Company has a twelve month low of $111.77 and a twelve month high of $141.76. The company has a market cap of $17,026.39, a P/E ratio of 23.79, a P/E/G ratio of 3.60 and a beta of 0.39.

Clorox Company (The) (NYSE:CLX) last announced its quarterly earnings data on Wednesday, November 1st. The company reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.05. Clorox Company (The) had a return on equity of 161.59% and a net margin of 11.84%. The business had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.48 billion. During the same period in the prior year, the company earned $1.36 EPS. Clorox Company (The)’s revenue for the quarter was up 4.0% on a year-over-year basis. analysts anticipate that Clorox Company will post 5.58 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 13th. Investors of record on Wednesday, October 25th will be given a dividend of $0.84 per share. The ex-dividend date of this dividend is Tuesday, October 24th. This represents a $3.36 annualized dividend and a dividend yield of 2.54%. Clorox Company (The)’s dividend payout ratio is currently 61.88%.

In related news, COO Dawn C. Willoughby sold 2,158 shares of the company’s stock in a transaction on Tuesday, August 29th. The stock was sold at an average price of $138.00, for a total transaction of $297,804.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jon M. Balousek sold 9,223 shares of the company’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 sale, the senior vice president now owns 20,614 shares of the company’s stock, valued at $2,862,666.18. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 41,293 shares of company stock valued at $5,560,303. 1.00% of the stock is owned by corporate insiders.

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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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