UniSuper Management Pty Ltd Acquires 2,824 Shares of The Clorox Company (NYSE:CLX)

UniSuper Management Pty Ltd boosted its stake in shares of The Clorox Company (NYSE:CLX) by 4.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 72,246 shares of the company’s stock after acquiring an additional 2,824 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Clorox were worth $11,733,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Brooklyn Investment Group increased its position in Clorox by 163.8% during the 4th quarter. Brooklyn Investment Group now owns 153 shares of the company’s stock valued at $25,000 after purchasing an additional 95 shares during the period. Continuum Advisory LLC boosted its stake in Clorox by 300.0% in the 3rd quarter. Continuum Advisory LLC now owns 184 shares of the company’s stock worth $30,000 after purchasing an additional 138 shares in the last quarter. Millstone Evans Group LLC purchased a new stake in Clorox during the 4th quarter valued at $31,000. Asset Planning Inc bought a new stake in Clorox in the 4th quarter worth about $32,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in shares of Clorox during the fourth quarter valued at approximately $36,000. Hedge funds and other institutional investors own 78.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on CLX shares. StockNews.com downgraded shares of Clorox from a “buy” rating to a “hold” rating in a report on Sunday, January 5th. Evercore ISI upped their target price on shares of Clorox from $145.00 to $155.00 in a research report on Tuesday, February 4th. Barclays cut their target price on shares of Clorox from $140.00 to $139.00 and set an “underweight” rating for the company in a report on Thursday. Royal Bank of Canada reissued a “sector perform” rating and set a $150.00 price objective on shares of Clorox in a research note on Thursday, January 30th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Clorox from $171.00 to $173.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 4th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $159.50.

Clorox Price Performance

Shares of NYSE CLX opened at $145.70 on Friday. The Clorox Company has a 52 week low of $127.60 and a 52 week high of $171.37. The business’s 50 day moving average price is $151.62 and its 200 day moving average price is $159.22. The company has a quick ratio of 0.60, a current ratio of 0.94 and a debt-to-equity ratio of 20.52. The firm has a market cap of $17.95 billion, a P/E ratio of 39.81, a P/E/G ratio of 2.62 and a beta of 0.45.

Clorox (NYSE:CLX) last released its quarterly earnings data on Monday, February 3rd. The company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.39 by $0.16. Clorox had a net margin of 6.38% and a return on equity of 316.87%. During the same period in the prior year, the company posted $2.16 EPS. On average, sell-side analysts expect that The Clorox Company will post 7.15 earnings per share for the current year.

Clorox Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Wednesday, April 23rd will be issued a $1.22 dividend. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a $4.88 annualized dividend and a dividend yield of 3.35%. Clorox’s dividend payout ratio (DPR) is presently 133.33%.

Clorox Company Profile

The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Health and Wellness, Household, Lifestyle, and International. The Health and Wellness segment offers cleaning products, such as laundry additives and home care products primarily under the Clorox, Clorox2, Scentiva, Pine-Sol, Liquid-Plumr, Tilex, and Formula 409 brands; professional cleaning and disinfecting products under the CloroxPro and Clorox Healthcare brands; professional food service products under the Hidden Valley brand; and vitamins, minerals and supplement products under the RenewLife, Natural Vitality, NeoCell, and Rainbow Light brands in the United States.