Nomura Asset Management Co. Ltd. Has $8.96 Million Stake in Clorox Company (The) (CLX)

Nomura Asset Management Co. Ltd. raised its stake in shares of Clorox Company (The) (NYSE:CLX) by 2.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 67,918 shares of the company’s stock after buying an additional 1,873 shares during the quarter. Nomura Asset Management Co. Ltd. owned about 0.05% of Clorox worth $8,959,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CLX. Parkside Financial Bank & Trust grew its position in shares of Clorox by 3.8% in the 2nd quarter. Parkside Financial Bank & Trust now owns 796 shares of the company’s stock valued at $107,000 after purchasing an additional 29 shares during the period. Valley National Advisers Inc. grew its position in shares of Clorox by 0.6% in the 2nd quarter. Valley National Advisers Inc. now owns 865 shares of the company’s stock valued at $115,000 after purchasing an additional 5 shares during the period. Blue Chip Partners Inc. grew its position in shares of Clorox by 3.9% in the 2nd quarter. Blue Chip Partners Inc. now owns 941 shares of the company’s stock valued at $125,000 after purchasing an additional 35 shares during the period. Sun Life Financial INC grew its position in shares of Clorox by 10,344.4% in the 2nd quarter. Sun Life Financial INC now owns 940 shares of the company’s stock valued at $125,000 after purchasing an additional 931 shares during the period. Finally, Acrospire Investment Management LLC acquired a new position in shares of Clorox in the 2nd quarter valued at approximately $133,000. Institutional investors own 73.42% of the company’s stock.

In other news, SVP Matthew T. Laszlo sold 20,051 shares of the company’s stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $130.46, for a total transaction of $2,615,853.46. Following the sale, the senior vice president now owns 10,896 shares in the company, valued at approximately $1,421,492.16. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Michael R. Costello sold 10,574 shares of the company’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $136.01, for a total value of $1,438,169.74. Following the sale, the senior vice president now owns 34,867 shares in the company, valued at approximately $4,742,260.67. The disclosure for this sale can be found here. Corporate insiders own 1.00% of the company’s stock.

Several equities analysts recently issued reports on the company. BMO Capital Markets reiterated an “outperform” rating on shares of Clorox in a research report on Tuesday, September 12th. Jefferies Group reiterated a “hold” rating and issued a $137.00 price objective (up from $136.00) on shares of Clorox in a research report on Wednesday, August 9th. Consumer Edge upgraded Clorox from a “neutral” rating to an “outperform” rating in a research report on Friday, November 10th. Zacks Investment Research lowered Clorox from a “hold” rating to a “sell” rating in a research report on Wednesday, October 4th. Finally, Royal Bank Of Canada restated a “hold” rating and issued a $115.00 target price on shares of Clorox in a research note on Sunday, October 8th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the company’s stock. Clorox presently has a consensus rating of “Hold” and a consensus price target of $128.72.

Shares of Clorox Company (NYSE CLX) opened at $145.05 on Thursday. The company has a market capitalization of $18,652.26, a P/E ratio of 26.07, a price-to-earnings-growth ratio of 3.93 and a beta of 0.43. The company has a debt-to-equity ratio of 3.02, a current ratio of 1.10 and a quick ratio of 0.77. Clorox Company has a 12 month low of $113.95 and a 12 month high of $145.32.

Clorox (NYSE:CLX) last released its earnings results on Wednesday, November 1st. The company reported $1.46 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.41 by $0.05. The firm had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.48 billion. Clorox had a return on equity of 161.59% and a net margin of 11.84%. The business’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.36 EPS. equities research analysts expect that Clorox Company will post 5.6 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 9th. Stockholders of record on Wednesday, January 24th will be paid a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date of this dividend is Tuesday, January 23rd. Clorox’s dividend payout ratio is currently 61.88%.

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Clorox 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.

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Institutional Ownership by Quarter for Clorox (NYSE:CLX)

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