Quantbot Technologies LP Has $867,000 Stake in The Clorox Company (NYSE:CLX)

Quantbot Technologies LP increased its stake in The Clorox Company (NYSE:CLX) by 1,862.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 5,339 shares of the company’s stock after purchasing an additional 5,067 shares during the quarter. Quantbot Technologies LP’s holdings in Clorox were worth $867,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the company. Brooklyn Investment Group grew its holdings in shares of Clorox by 163.8% during the fourth quarter. Brooklyn Investment Group now owns 153 shares of the company’s stock worth $25,000 after buying an additional 95 shares in the last quarter. Continuum Advisory LLC grew its stake in shares of Clorox by 300.0% during the 3rd quarter. Continuum Advisory LLC now owns 184 shares of the company’s stock worth $30,000 after acquiring an additional 138 shares in the last quarter. Millstone Evans Group LLC acquired a new stake in shares of Clorox in the fourth quarter valued at approximately $31,000. Asset Planning Inc acquired a new stake in shares of Clorox in the fourth quarter valued at approximately $32,000. Finally, Halbert Hargrove Global Advisors LLC bought a new stake in shares of Clorox in the fourth quarter worth $36,000. Institutional investors own 78.53% of the company’s stock.

Wall Street Analyst Weigh In

CLX has been the topic of several recent research reports. Royal Bank of Canada reiterated a “sector perform” rating and issued a $150.00 price target on shares of Clorox in a research note on Thursday, January 30th. Barclays lifted their target price on Clorox from $130.00 to $140.00 and gave the company an “underweight” rating in a research report on Wednesday, February 5th. Wells Fargo & Company increased their price target on Clorox from $157.00 to $161.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 4th. StockNews.com lowered Clorox from a “buy” rating to a “hold” rating in a research report on Sunday, January 5th. Finally, DA Davidson cut their price objective on Clorox from $171.00 to $169.00 and set a “neutral” rating for the company in a report on Wednesday, February 5th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, Clorox has an average rating of “Hold” and an average price target of $159.58.

Clorox Trading Up 0.8 %

CLX stock opened at $142.91 on Thursday. The stock has a market cap of $17.61 billion, a price-to-earnings ratio of 39.05, a price-to-earnings-growth ratio of 2.62 and a beta of 0.45. The company has a fifty day moving average price of $151.92 and a two-hundred day moving average price of $159.31. The Clorox Company has a one year low of $127.60 and a one year high of $171.37. The company has a debt-to-equity ratio of 20.52, a current ratio of 0.94 and a quick ratio of 0.60.

Clorox (NYSE:CLX) last announced its 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 quarter in the prior year, the business posted $2.16 earnings per share. Equities analysts anticipate that The Clorox Company will post 7.15 EPS for the current year.

Clorox Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 23rd will be issued a dividend of $1.22 per share. The ex-dividend date is Wednesday, April 23rd. This represents a $4.88 annualized dividend and a yield of 3.41%. 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.