Stock Yards Bank & Trust Co. Sells 100 Shares of The Clorox Company (NYSE:CLX)

Stock Yards Bank & Trust Co. lowered its position in shares of The Clorox Company (NYSE:CLX) by 0.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,160 shares of the company’s stock after selling 100 shares during the period. Stock Yards Bank & Trust Co.’s holdings in Clorox were worth $3,437,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in CLX. Brooklyn Investment Group increased its position in shares of Clorox by 163.8% during the fourth quarter. Brooklyn Investment Group now owns 153 shares of the company’s stock valued at $25,000 after acquiring an additional 95 shares in the last quarter. Prospera Private Wealth LLC bought a new stake in shares of Clorox during the third quarter valued at approximately $27,000. Continuum Advisory LLC increased its position in shares of Clorox by 300.0% during the third quarter. Continuum Advisory LLC now owns 184 shares of the company’s stock valued at $30,000 after acquiring an additional 138 shares in the last quarter. Quarry LP increased its position in shares of Clorox by 99.1% during the second quarter. Quarry LP now owns 229 shares of the company’s stock valued at $31,000 after acquiring an additional 114 shares in the last quarter. Finally, Carolina Wealth Advisors LLC bought a new stake in shares of Clorox during the third quarter valued at approximately $48,000. Institutional investors own 78.53% of the company’s stock.

Clorox Stock Down 1.2 %

Shares of CLX stock opened at $158.60 on Monday. The company has a market capitalization of $19.63 billion, a price-to-earnings ratio of 55.26, a PEG ratio of 2.91 and a beta of 0.42. The Clorox Company has a one year low of $127.60 and a one year high of $171.37. The company’s fifty day moving average price is $162.76 and its 200-day moving average price is $158.35. The company has a debt-to-equity ratio of 11.08, a current ratio of 1.00 and a quick ratio of 0.62.

Clorox Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Wednesday, January 29th will be given a dividend of $1.22 per share. The ex-dividend date is Wednesday, January 29th. This represents a $4.88 annualized dividend and a dividend yield of 3.08%. Clorox’s payout ratio is 170.03%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on CLX shares. Barclays dropped their target price on shares of Clorox from $139.00 to $130.00 and set an “underweight” rating on the stock in a report on Friday, January 17th. Royal Bank of Canada restated a “sector perform” rating and issued a $150.00 target price on shares of Clorox in a report on Thursday. TD Cowen upgraded shares of Clorox from a “sell” rating to a “hold” rating and raised their target price for the stock from $155.00 to $170.00 in a report on Wednesday, November 6th. StockNews.com cut shares of Clorox from a “buy” rating to a “hold” rating in a report on Sunday, January 5th. Finally, Evercore ISI dropped their target price on shares of Clorox from $140.00 to $139.00 and set an “underperform” rating on the stock in a report on Monday, October 14th. Four 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $156.07.

Clorox 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.