Clorox Company (The) (NYSE:CLX) Shares Sold by Rothschild Asset Management Inc.

Rothschild Asset Management Inc. decreased its stake in shares of Clorox Company (The) (NYSE:CLX) by 3.6% during the second quarter, Holdings Channel reports. The firm owned 6,922 shares of the company’s stock after selling 262 shares during the period. Rothschild Asset Management Inc.’s holdings in Clorox Company (The) were worth $922,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Korea Investment CORP raised its stake in shares of Clorox Company (The) by 938.9% in the first quarter. Korea Investment CORP now owns 178,197 shares of the company’s stock valued at $24,026,000 after buying an additional 161,044 shares in the last quarter. Crossvault Capital Management LLC raised its stake in shares of Clorox Company (The) by 3.8% in the first quarter. Crossvault Capital Management LLC now owns 34,684 shares of the company’s stock valued at $4,676,000 after buying an additional 1,285 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Clorox Company (The) by 2.4% in the first quarter. Ameriprise Financial Inc. now owns 1,076,072 shares of the company’s stock valued at $146,932,000 after buying an additional 25,110 shares in the last quarter. Destination Wealth Management raised its stake in shares of Clorox Company (The) by 14.0% in the first quarter. Destination Wealth Management now owns 30,225 shares of the company’s stock valued at $4,075,000 after buying an additional 3,716 shares in the last quarter. Finally, Janney Capital Management LLC purchased a new stake in shares of Clorox Company (The) during the first quarter valued at about $216,000. 70.29% of the stock is currently owned by institutional investors.

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 released its quarterly earnings data on Thursday, August 3rd. The company reported $1.53 earnings per share (EPS) for the quarter, beating 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 analysts’ expectations of $1.65 billion. During the same period last year, the firm posted $1.30 earnings per share. The business’s revenue was up 2.9% on a year-over-year basis. Equities research analysts expect that Clorox Company will post $5.68 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This piece of content was originally reported by Ticker Report and is the sole property of of Ticker Report. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of U.S. and international trademark and copyright laws. The legal version of this piece of content can be viewed at https://www.tickerreport.com/banking-finance/2797624/clorox-company-the-nyseclx-shares-sold-by-rothschild-asset-management-inc.html.

CLX has been the subject of several research reports. Vetr lowered 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. Jefferies Group LLC initiated coverage on Clorox Company (The) in a report on Tuesday, April 18th. They set a “hold” rating and a $138.00 price target for the company. BMO Capital Markets reiterated a “buy” rating and set a $136.00 price target on shares of Clorox Company (The) in a report on Thursday, May 4th. BidaskClub lowered Clorox Company (The) from a “hold” rating to a “sell” rating in a report on Wednesday, July 5th. Finally, Deutsche Bank AG reiterated a “hold” rating and set a $137.00 price target (up from $126.00) on shares of Clorox Company (The) in a report on Saturday, July 22nd. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the company’s stock. Clorox Company (The) has a consensus rating of “Hold” and a consensus target price 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.

Want to see what other hedge funds are holding CLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Clorox Company (The) (NYSE:CLX).

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

Receive News & Ratings for Clorox Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clorox Company (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.