The Clorox Company (NYSE:CLX) Shares Acquired by NEOS Investment Management LLC

NEOS Investment Management LLC lifted its position in The Clorox Company (NYSE:CLX) by 27.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 5,715 shares of the company’s stock after acquiring an additional 1,241 shares during the period. NEOS Investment Management LLC’s holdings in Clorox were worth $928,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in CLX. Public Employees Retirement System of Ohio lifted its holdings in Clorox by 26.3% in the third quarter. Public Employees Retirement System of Ohio now owns 59,766 shares of the company’s stock worth $9,736,000 after acquiring an additional 12,428 shares during the last quarter. Fifth Third Wealth Advisors LLC bought a new stake in shares of Clorox in the 4th quarter worth approximately $204,000. Apollon Wealth Management LLC boosted its position in Clorox by 119.6% during the 4th quarter. Apollon Wealth Management LLC now owns 3,364 shares of the company’s stock valued at $546,000 after purchasing an additional 1,832 shares during the period. Miracle Mile Advisors LLC acquired a new position in Clorox during the 4th quarter valued at approximately $1,566,000. Finally, Geode Capital Management LLC grew its stake in Clorox by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 3,028,333 shares of the company’s stock worth $491,713,000 after buying an additional 33,970 shares during the last quarter. 78.53% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

CLX has been the subject of several recent research reports. Barclays lowered their price target on shares of Clorox from $140.00 to $139.00 and set an “underweight” rating for the company in a research report on Thursday. DA Davidson decreased their target price on shares of Clorox from $171.00 to $169.00 and set a “neutral” rating for the company in a research report on Wednesday, February 5th. Evercore ISI raised their price target on shares of Clorox from $145.00 to $155.00 in a research note on Tuesday, February 4th. Wells Fargo & Company boosted their price objective on Clorox from $157.00 to $161.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 4th. Finally, StockNews.com cut Clorox from a “buy” rating to a “hold” rating in a research report on Sunday, January 5th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, Clorox currently has a consensus rating of “Hold” and a consensus target price of $159.50.

Clorox Stock Up 0.4 %

CLX opened at $146.18 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 company has a market capitalization of $18.01 billion, a PE ratio of 39.94, a P/E/G ratio of 2.62 and a beta of 0.45. The stock’s fifty day moving average is $151.34 and its 200-day moving average is $159.00. The Clorox Company has a one year low of $127.60 and a one year high of $171.37.

Clorox (NYSE:CLX) last issued its quarterly earnings results on Monday, February 3rd. The company reported $1.55 EPS for the quarter, topping 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 firm earned $2.16 EPS. On average, equities analysts predict that The Clorox Company will post 7.15 EPS for the current fiscal 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. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a $4.88 annualized dividend and a yield of 3.34%. Clorox’s dividend payout ratio (DPR) is 133.33%.

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.