Fjarde AP Fonden Fourth Swedish National Pension Fund Buys 4,443 Shares of Clorox Company (The) (CLX)

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in Clorox Company (The) (NYSE:CLX) by 18.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 28,206 shares of the company’s stock after purchasing an additional 4,443 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Clorox Company (The) were worth $3,721,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the company. Jacobi Capital Management LLC boosted its holdings in shares of Clorox Company (The) by 0.3% in the 1st quarter. Jacobi Capital Management LLC now owns 1,282 shares of the company’s stock worth $172,000 after purchasing an additional 4 shares during the period. Valley National Advisers Inc. boosted its holdings in shares of Clorox Company (The) by 0.6% in the 2nd 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. Bernzott Capital Advisors boosted its holdings in shares of Clorox Company (The) by 0.4% in the 2nd quarter. Bernzott Capital Advisors now owns 1,607 shares of the company’s stock worth $214,000 after purchasing an additional 7 shares during the period. Janney Capital Management LLC boosted its holdings in shares of Clorox Company (The) by 0.5% in the 2nd quarter. Janney Capital Management LLC now owns 1,611 shares of the company’s stock worth $214,000 after purchasing an additional 8 shares during the period. Finally, Financial Advisory Service Inc. boosted its holdings in shares of Clorox Company (The) by 0.3% in the 2nd quarter. Financial Advisory Service Inc. now owns 4,012 shares of the company’s stock worth $535,000 after purchasing an additional 12 shares during the period. Hedge funds and other institutional investors own 71.58% of the company’s stock.

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In other Clorox Company (The) news, SVP Matthew T. Laszlo sold 20,051 shares of Clorox Company (The) stock in a transaction 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 completion of the sale, the senior vice president now directly owns 10,896 shares of the company’s stock, valued at approximately $1,421,492.16. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Jon M. Balousek sold 9,223 shares of Clorox Company (The) stock in a transaction on Wednesday, August 23rd. The shares were 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 directly 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 ninety days, insiders have sold 41,293 shares of company stock valued at $5,560,303. 1.00% of the stock is currently owned by corporate insiders.

CLX has been the subject of a number of recent research reports. BMO Capital Markets reiterated a “buy” rating and issued a $150.00 target price on shares of Clorox Company (The) in a report on Thursday, October 5th. Barclays PLC reiterated an “equal weight” rating and issued a $136.00 target price (down previously from $140.00) on shares of Clorox Company (The) in a report on Friday, August 4th. Morgan Stanley dropped their target price on Clorox Company (The) from $138.00 to $128.00 and set an “equal weight” rating for the company in a report on Thursday, November 2nd. Royal Bank Of Canada reissued a “hold” rating and set a $115.00 price target on shares of Clorox Company (The) in a research note on Sunday, October 8th. Finally, Jefferies Group LLC reissued a “hold” rating and set a $132.00 price target (down from $137.00) on shares of Clorox Company (The) in a research note on Friday, October 6th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $128.72.

Shares of Clorox Company (NYSE CLX) opened at $133.51 on Friday. The company has a current ratio of 1.10, a quick ratio of 0.77 and a debt-to-equity ratio of 3.02. The firm has a market capitalization of $17,214.64, a price-to-earnings ratio of 24.06, a price-to-earnings-growth ratio of 3.64 and a beta of 0.39. Clorox Company has a 1 year low of $112.28 and a 1 year high of $141.76.

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

The company also recently announced a quarterly dividend, which will be paid on Friday, February 9th. Shareholders of record on Wednesday, January 24th will be given a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date of this dividend is Tuesday, January 23rd. Clorox Company (The)’s dividend payout ratio (DPR) is presently 61.88%.

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.

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

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