Schroder Investment Management Group Sells 774 Shares of The Clorox Company (NYSE:CLX)

Schroder Investment Management Group reduced its position in shares of The Clorox Company (NYSE:CLX) by 6.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,072 shares of the company’s stock after selling 774 shares during the quarter. Schroder Investment Management Group’s holdings in Clorox were worth $1,787,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CLX. Brooklyn Investment Group increased 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 purchasing an additional 95 shares during the last quarter. Continuum Advisory LLC increased its position in Clorox by 300.0% during the third quarter. Continuum Advisory LLC now owns 184 shares of the company’s stock worth $30,000 after buying an additional 138 shares during the last quarter. Millstone Evans Group LLC bought a new stake in 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 position in shares of Clorox during the 4th quarter worth approximately $36,000. 78.53% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Evercore ISI increased their price target on Clorox from $145.00 to $155.00 in a research note on Tuesday, February 4th. JPMorgan Chase & Co. raised their target price on shares of Clorox from $171.00 to $173.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 4th. Wells Fargo & Company decreased their price target on shares of Clorox from $161.00 to $155.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 2nd. Royal Bank of Canada reissued a “sector perform” rating and issued a $150.00 price target on shares of Clorox in a report on Thursday, January 30th. Finally, StockNews.com cut Clorox from a “buy” rating to a “hold” rating in a report on Sunday, January 5th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, Clorox has an average rating of “Hold” and an average price target of $159.00.

Clorox Price Performance

Clorox stock opened at $143.76 on Monday. The stock’s fifty day moving average price is $150.06 and its two-hundred day moving average price is $158.36. The firm has a market cap of $17.71 billion, a PE ratio of 39.28, a price-to-earnings-growth ratio of 2.62 and a beta of 0.45. The company has a debt-to-equity ratio of 20.52, a current ratio of 0.94 and a quick ratio of 0.60. 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 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 period in the previous year, the company earned $2.16 EPS. As a group, research analysts expect that The Clorox Company will post 7.15 EPS for the current fiscal year.

Clorox Announces Dividend

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 given a dividend of $1.22 per share. The ex-dividend date is Wednesday, April 23rd. This represents a $4.88 annualized dividend and a dividend yield of 3.39%. Clorox’s dividend payout ratio is 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.