Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 644 Shares of The Clorox Company (NYSE:CLX)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS reduced its holdings in shares of The Clorox Company (NYSE:CLX) by 2.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 26,320 shares of the company’s stock after selling 644 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Clorox were worth $4,275,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in CLX. Brooklyn Investment Group boosted its stake in shares of Clorox by 163.8% during the 4th quarter. Brooklyn Investment Group now owns 153 shares of the company’s stock worth $25,000 after acquiring 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 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 $32,000. Halbert Hargrove Global Advisors LLC bought a new stake in Clorox in the 4th quarter valued at $36,000. Finally, BankPlus Trust Department bought a new stake in Clorox in the 4th quarter valued at $40,000. 78.53% of the stock is currently owned by institutional investors.

Clorox Price Performance

Clorox stock opened at $144.88 on Monday. 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 stock has a market capitalization 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. The stock has a fifty day moving average of $152.84 and a 200-day moving average of $159.74.

Clorox (NYSE:CLX) last posted its quarterly earnings results on Monday, February 3rd. The company reported $1.55 EPS for the quarter, topping 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 earnings per share. On average, sell-side analysts expect that The Clorox Company will post 7.15 earnings per share for the current fiscal year.

Clorox Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Shareholders 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 dividend on an annualized basis and a yield of 3.37%. Clorox’s payout ratio is presently 133.33%.

Analyst Ratings Changes

Several research firms recently issued reports on CLX. Barclays boosted their price target on Clorox from $130.00 to $140.00 and gave the company an “underweight” rating in a research note on Wednesday, February 5th. JPMorgan Chase & Co. boosted their price target on Clorox from $171.00 to $173.00 and gave the company a “neutral” rating in a research note on Tuesday, February 4th. StockNews.com downgraded Clorox from a “buy” rating to a “hold” rating in a research note on Sunday, January 5th. Royal Bank of Canada reiterated a “sector perform” rating and set a $150.00 target price on shares of Clorox in a research report on Thursday, January 30th. Finally, Wells Fargo & Company upped their target price on Clorox from $157.00 to $161.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 4th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company presently has an average 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.