Certuity LLC Has $538,000 Position in The Clorox Company (NYSE:CLX)

Certuity LLC decreased its holdings in The Clorox Company (NYSE:CLX) by 5.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,312 shares of the company’s stock after selling 189 shares during the period. Certuity LLC’s holdings in Clorox were worth $538,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CLX. Wealth Group Ltd. bought a new position in Clorox during the third quarter worth about $231,000. Ritholtz Wealth Management bought a new position in shares of Clorox during the 3rd quarter worth approximately $214,000. Creative Planning boosted its stake in Clorox by 7.4% in the 3rd quarter. Creative Planning now owns 29,089 shares of the company’s stock valued at $4,739,000 after buying an additional 1,996 shares in the last quarter. ERn Financial LLC acquired a new stake in Clorox in the 3rd quarter valued at $224,000. Finally, Vontobel Holding Ltd. grew its position in Clorox by 4.6% in the third quarter. Vontobel Holding Ltd. now owns 27,213 shares of the company’s stock valued at $4,433,000 after acquiring an additional 1,189 shares during the period. 78.53% of the stock is owned by institutional investors.

Clorox Stock Performance

Clorox stock opened at $148.66 on Thursday. The Clorox Company has a 1 year low of $127.60 and a 1 year high of $171.37. The company’s 50-day moving average is $160.30 and its two-hundred day moving average is $159.26. The company has a current ratio of 0.94, a quick ratio of 0.62 and a debt-to-equity ratio of 20.52. The company has a market cap of $18.40 billion, a PE ratio of 40.62, a PEG ratio of 2.52 and a beta of 0.42.

Clorox (NYSE:CLX) last announced its quarterly earnings data on Monday, February 3rd. The company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm earned $2.16 EPS. Equities analysts anticipate 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, February 14th. Investors of record on Wednesday, January 29th will be issued a $1.22 dividend. The ex-dividend date is Wednesday, January 29th. This represents a $4.88 dividend on an annualized basis and a yield of 3.28%. Clorox’s dividend payout ratio is presently 133.33%.

Analyst Ratings Changes

Several brokerages have recently commented on CLX. DA Davidson reduced their target price on shares of Clorox from $171.00 to $169.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 5th. StockNews.com lowered shares of Clorox from a “buy” rating to a “hold” rating in a research report on Sunday, January 5th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $150.00 price objective on shares of Clorox in a report on Thursday, January 30th. Evercore ISI boosted their target price on Clorox from $145.00 to $155.00 in a report on Tuesday, February 4th. Finally, Wells Fargo & Company raised their price target on Clorox from $157.00 to $161.00 and gave the company an “equal weight” rating in a report on Tuesday, February 4th. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, Clorox presently has an average rating of “Hold” and an average price target of $158.21.

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.