Tokio Marine Asset Management Co. Ltd. cut its position in shares of Clorox Company (The) (NYSE:CLX) by 22.0% during the second quarter, Holdings Channel reports. The institutional investor owned 1,761 shares of the company’s stock after selling 496 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Clorox Company (The) were worth $235,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Jacobi Capital Management LLC boosted its position in Clorox Company (The) by 0.3% in the first quarter. Jacobi Capital Management LLC now owns 1,282 shares of the company’s stock worth $172,000 after buying an additional 4 shares in the last quarter. Bridgeworth LLC boosted its position in Clorox Company (The) by 0.3% in the first quarter. Bridgeworth LLC now owns 1,869 shares of the company’s stock worth $252,000 after buying an additional 5 shares in the last quarter. Valley National Advisers Inc. boosted its position in Clorox Company (The) by 0.6% in the first quarter. Valley National Advisers Inc. now owns 860 shares of the company’s stock worth $116,000 after buying an additional 5 shares in the last quarter. Blue Chip Partners Inc. boosted its position in Clorox Company (The) by 0.7% in the first quarter. Blue Chip Partners Inc. now owns 906 shares of the company’s stock worth $122,000 after buying an additional 6 shares in the last quarter. Finally, Wade G W & Inc. boosted its position in Clorox Company (The) by 0.3% in the first quarter. Wade G W & Inc. now owns 3,173 shares of the company’s stock worth $428,000 after buying an additional 8 shares in the last quarter. 70.29% of the stock is owned by institutional investors and hedge funds.

Shares of Clorox Company (NYSE CLX) opened at 134.21 on Thursday. The company has a 50-day moving average price of $133.88 and a 200-day moving average price of $133.46. Clorox Company has a 12 month low of $111.24 and a 12 month high of $141.76. The firm has a market capitalization of $17.29 billion, a price-to-earnings ratio of 26.51 and a beta of 0.40.

Clorox Company (The) (NYSE:CLX) last issued its quarterly earnings data on Thursday, August 3rd. The company reported $1.53 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.49 by $0.04. Clorox Company (The) had a return on equity of 190.67% and a net margin of 11.74%. The company had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.65 billion. During the same period last year, the company earned $1.30 earnings per share. The firm’s revenue was up 2.9% compared to the same quarter last year. Equities analysts forecast that Clorox Company will post $5.68 EPS for the current fiscal year.

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A number of research analysts recently issued reports on the company. UBS AG reaffirmed a “sell” rating and issued a $121.00 price target (up from $117.00) on shares of Clorox Company (The) in a report on Friday, May 5th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $137.00 price target (up from $136.00) on shares of Clorox Company (The) in a report on Wednesday. Royal Bank Of Canada set a $115.00 price target on Clorox Company (The) and gave the company a “hold” rating in a report on Monday, April 24th. Vetr cut Clorox Company (The) from a “buy” rating to a “hold” rating and set a $139.67 price target for the company. in a report on Tuesday, April 18th. Finally, BidaskClub raised Clorox Company (The) from a “strong sell” rating to a “sell” rating in a report on Monday, July 31st. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $129.05.

About Clorox Company (The)

The Clorox Company is a manufacturer and marketer of consumer and professional products. The Company sells its products primarily through mass retail outlets, e-commerce channels, wholesale distributors and medical supply distributors. The Company operates through four segments: Cleaning, Household, Lifestyle and International.

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Institutional Ownership by Quarter for Clorox Company (The) (NYSE:CLX)

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