Richwood Investment Advisors LLC Sells 133 Shares of The Clorox Company (NYSE:CLX)

Richwood Investment Advisors LLC lessened its stake in The Clorox Company (NYSE:CLX) by 3.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,906 shares of the company’s stock after selling 133 shares during the period. Richwood Investment Advisors LLC’s holdings in Clorox were worth $634,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of CLX. OneDigital Investment Advisors LLC bought a new position in Clorox in the 3rd quarter worth approximately $207,000. Thrivent Financial for Lutherans raised its position in Clorox by 2.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 9,091 shares of the company’s stock worth $1,481,000 after purchasing an additional 236 shares during the last quarter. Caprock Group LLC raised its position in Clorox by 9.2% in the 3rd quarter. Caprock Group LLC now owns 2,841 shares of the company’s stock worth $463,000 after purchasing an additional 239 shares during the last quarter. Prospera Financial Services Inc raised its position in Clorox by 3.1% in the 3rd quarter. Prospera Financial Services Inc now owns 4,549 shares of the company’s stock worth $742,000 after purchasing an additional 135 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG bought a new position in Clorox in the 3rd quarter worth approximately $1,579,000. Institutional investors own 78.53% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on the stock. DA Davidson lowered their target price on shares of Clorox from $171.00 to $169.00 and set a “neutral” rating for the company in a report on Wednesday, February 5th. JPMorgan Chase & Co. lifted their target price on shares of Clorox from $171.00 to $173.00 and gave the stock a “neutral” rating in a report on Tuesday, February 4th. Wells Fargo & Company lifted their target price on shares of Clorox from $157.00 to $161.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 4th. StockNews.com lowered shares of Clorox from a “buy” rating to a “hold” rating in a report on Sunday, January 5th. Finally, Evercore ISI lifted their target price on shares of Clorox from $145.00 to $155.00 in a report on Tuesday, February 4th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $159.62.

Clorox Price Performance

Shares of NYSE CLX opened at $144.88 on Friday. The firm has a market cap of $17.85 billion, a PE ratio of 39.58, a PEG ratio of 2.62 and a beta of 0.45. The company has a current ratio of 0.94, a quick ratio of 0.60 and a debt-to-equity ratio of 20.52. The Clorox Company has a 1-year low of $127.60 and a 1-year high of $171.37. The company has a fifty day moving average price of $152.84 and a 200 day moving average price of $159.77.

Clorox (NYSE:CLX) last announced its earnings results on Monday, February 3rd. The company reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates 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 last year, the firm posted $2.16 earnings per share. Research analysts predict that The Clorox Company will post 7.15 earnings per share for the current fiscal year.

Clorox Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 23rd will be paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.37%. The ex-dividend date of this dividend is Wednesday, April 23rd. Clorox’s payout ratio is presently 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.