Coldstream Capital Management Inc. Increases Position in The Clorox Company (NYSE:CLX)

Coldstream Capital Management Inc. lifted its holdings in The Clorox Company (NYSE:CLX) by 7.3% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,889 shares of the company’s stock after buying an additional 263 shares during the period. Coldstream Capital Management Inc.’s holdings in Clorox were worth $632,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Integral Investment Advisors Inc. raised its holdings in Clorox by 4.1% during the 4th quarter. Integral Investment Advisors Inc. now owns 1,718 shares of the company’s stock valued at $279,000 after acquiring an additional 67 shares during the period. HCR Wealth Advisors increased its holdings in shares of Clorox by 1.0% in the fourth quarter. HCR Wealth Advisors now owns 6,870 shares of the company’s stock worth $1,116,000 after purchasing an additional 68 shares during the period. Sound View Wealth Advisors Group LLC increased its holdings in shares of Clorox by 6.1% in the fourth quarter. Sound View Wealth Advisors Group LLC now owns 1,345 shares of the company’s stock worth $218,000 after purchasing an additional 77 shares during the period. Wedbush Securities Inc. increased its stake in Clorox by 1.2% in the fourth quarter. Wedbush Securities Inc. now owns 7,624 shares of the company’s stock valued at $1,238,000 after acquiring an additional 94 shares during the last quarter. Finally, Brooklyn Investment Group raised its holdings in shares of 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 buying an additional 95 shares in the last quarter. Hedge funds and other institutional investors own 78.53% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Barclays decreased their target price on shares of Clorox from $139.00 to $134.00 and set an “underweight” rating on the stock in a research report on Friday, April 11th. Wells Fargo & Company reduced their price objective on shares of Clorox from $155.00 to $145.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 16th. Citigroup lowered their target price on Clorox from $165.00 to $150.00 and set a “neutral” rating for the company in a research note on Monday, April 14th. Evercore ISI lifted their price target on shares of Clorox from $145.00 to $155.00 in a research report on Tuesday, February 4th. Finally, DA Davidson dropped their target price on Clorox from $171.00 to $169.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $153.83.

Clorox Trading Up 1.8 %

Clorox stock opened at $141.22 on Wednesday. The Clorox Company has a 52-week low of $127.60 and a 52-week high of $171.37. The company has a market cap of $17.40 billion, a P/E ratio of 38.58, a P/E/G ratio of 2.62 and a beta of 0.61. 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 business has a 50-day simple moving average of $145.13 and a two-hundred day simple moving average of $155.39.

Clorox (NYSE:CLX) last posted its quarterly earnings data on Monday, February 3rd. The company reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates of $1.39 by $0.16. Clorox had a return on equity of 316.87% and a net margin of 6.38%. During the same quarter in the previous year, the company posted $2.16 EPS. Analysts predict that The Clorox Company will post 7.15 EPS for the current year.

Clorox Announces Dividend

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 given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 3.46%. The ex-dividend date of this dividend is Wednesday, April 23rd. Clorox’s payout ratio is currently 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.