Mitsubishi UFJ Trust & Banking Corp Has $39.65 Million Stake in The Clorox Company (NYSE:CLX)

Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of The Clorox Company (NYSE:CLX) by 44.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 244,129 shares of the company’s stock after buying an additional 74,750 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned about 0.20% of Clorox worth $39,649,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Brooklyn Investment Group raised its position in shares of Clorox by 163.8% in the 4th quarter. Brooklyn Investment Group now owns 153 shares of the company’s stock worth $25,000 after acquiring an additional 95 shares in the last quarter. Continuum Advisory LLC grew its stake 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 purchasing an additional 138 shares during the period. Millstone Evans Group LLC bought a new stake in Clorox in the fourth quarter worth approximately $31,000. Asset Planning Inc acquired a new position in 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. Institutional investors own 78.53% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on CLX shares. Evercore ISI lifted their price objective on shares of Clorox from $145.00 to $155.00 in a research note on Tuesday, February 4th. JPMorgan Chase & Co. increased their price objective on shares of Clorox from $171.00 to $173.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 4th. DA Davidson decreased their target price on Clorox from $171.00 to $169.00 and set a “neutral” rating for the company in a research report on Wednesday, February 5th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $150.00 price target on shares of Clorox in a report on Thursday, January 30th. Finally, Barclays boosted their price objective on Clorox from $130.00 to $140.00 and gave the company an “underweight” rating in a report on Wednesday, February 5th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Clorox presently has an average rating of “Hold” and an average target price of $159.58.

Clorox Trading Up 0.8 %

NYSE CLX opened at $142.91 on Thursday. 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 firm has a market capitalization of $17.61 billion, a P/E ratio of 39.05, a PEG ratio of 2.62 and a beta of 0.45. The business has a fifty day simple moving average of $151.92 and a 200 day simple moving average of $159.31. The Clorox Company has a 12 month low of $127.60 and a 12 month high of $171.37.

Clorox (NYSE:CLX) last announced its earnings results on Monday, February 3rd. The company reported $1.55 EPS for the quarter, beating the consensus estimate 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 in the prior year, the company earned $2.16 earnings per share. On average, analysts predict that The Clorox Company will post 7.15 EPS for the current fiscal year.

Clorox Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Wednesday, April 23rd will be issued a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 3.41%. The ex-dividend date is Wednesday, April 23rd. Clorox’s dividend payout ratio is presently 133.33%.

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.