Corient Private Wealth LLC Buys 117 Shares of The Clorox Company (NYSE:CLX)

Corient Private Wealth LLC increased its stake in shares of The Clorox Company (NYSE:CLX) by 0.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 28,652 shares of the company’s stock after buying an additional 117 shares during the period. Corient Private Wealth LLC’s holdings in Clorox were worth $4,653,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of CLX. Brooklyn Investment Group boosted its holdings in Clorox by 163.8% in 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. Prospera Private Wealth LLC bought a new stake in Clorox in the 3rd quarter valued at about $27,000. Continuum Advisory LLC boosted its holdings in Clorox by 300.0% in the 3rd quarter. Continuum Advisory LLC now owns 184 shares of the company’s stock valued at $30,000 after purchasing an additional 138 shares during the period. Asset Planning Inc bought a new stake in Clorox in the 4th quarter valued at about $32,000. Finally, Halbert Hargrove Global Advisors LLC bought a new stake in Clorox in the 4th quarter valued at about $36,000. Institutional investors own 78.53% of the company’s stock.

Clorox Trading Down 0.3 %

Shares of NYSE CLX opened at $144.88 on Friday. The company has a debt-to-equity ratio of 20.52, a quick ratio of 0.60 and a current ratio of 0.94. The Clorox Company has a 52-week low of $127.60 and a 52-week high of $171.37. The firm has a 50 day moving average price of $152.84 and a two-hundred day moving average price of $159.78. The stock has a market cap of $17.85 billion, a P/E ratio of 39.58, a price-to-earnings-growth ratio of 2.62 and a beta of 0.45.

Clorox (NYSE:CLX) last announced its quarterly earnings results on Monday, February 3rd. The company reported $1.55 earnings per share (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 previous year, the company posted $2.16 earnings per share. As a group, equities analysts forecast that The Clorox Company will post 7.15 EPS for the current year.

Clorox Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 23rd will be given a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.37%. The ex-dividend date is Wednesday, April 23rd. Clorox’s dividend payout ratio (DPR) is currently 133.33%.

Wall Street Analysts Forecast Growth

CLX has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their price objective on shares of Clorox from $171.00 to $173.00 and gave the company a “neutral” rating in a report on Tuesday, February 4th. Evercore ISI upped their price target on shares of Clorox from $145.00 to $155.00 in a report on Tuesday, February 4th. Barclays upped their price target on shares of Clorox from $130.00 to $140.00 and gave the stock an “underweight” rating in a report on Wednesday, February 5th. DA Davidson cut their price target on shares of Clorox from $171.00 to $169.00 and set a “neutral” rating for the company in a report on Wednesday, February 5th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $150.00 price target on shares of Clorox in a report on Thursday, January 30th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, Clorox has a consensus rating of “Hold” and a consensus target price of $159.62.

About Clorox

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.