Wellington Management Group LLP Has $662,000 Holdings in The Clorox Company (NYSE:CLX)

Wellington Management Group LLP boosted its holdings in The Clorox Company (NYSE:CLX) by 18.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,074 shares of the company’s stock after purchasing an additional 646 shares during the quarter. Wellington Management Group LLP’s holdings in Clorox were worth $662,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of CLX. Integral Investment Advisors Inc. lifted its stake in Clorox by 4.1% during the fourth quarter. Integral Investment Advisors Inc. now owns 1,718 shares of the company’s stock worth $279,000 after purchasing an additional 67 shares during the last quarter. HCR Wealth Advisors boosted its holdings in shares of Clorox by 1.0% during the 4th quarter. HCR Wealth Advisors now owns 6,870 shares of the company’s stock valued at $1,116,000 after acquiring an additional 68 shares in the last quarter. Sound View Wealth Advisors Group LLC boosted its holdings in shares of Clorox by 6.1% during the 4th quarter. Sound View Wealth Advisors Group LLC now owns 1,345 shares of the company’s stock valued at $218,000 after acquiring an additional 77 shares in the last quarter. Brooklyn Investment Group grew its position in Clorox by 163.8% during the 4th quarter. Brooklyn Investment Group now owns 153 shares of the company’s stock worth $25,000 after acquiring an additional 95 shares during the last quarter. Finally, Global X Japan Co. Ltd. increased its stake in shares of Clorox by 3.0% in the fourth quarter. Global X Japan Co. Ltd. now owns 3,272 shares of the company’s stock valued at $531,000 after buying an additional 95 shares during the period. Institutional investors own 78.53% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on CLX shares. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $150.00 target price on shares of Clorox in a research report on Thursday, January 30th. JPMorgan Chase & Co. dropped their price target on shares of Clorox from $173.00 to $151.00 and set a “neutral” rating on the stock in a research report on Friday. Barclays dropped their price target on shares of Clorox from $139.00 to $134.00 and set an “underweight” rating on the stock in a research report on Friday. StockNews.com downgraded shares of Clorox from a “buy” rating to a “hold” rating in a report on Sunday, January 5th. Finally, Citigroup decreased their price objective on shares of Clorox from $165.00 to $150.00 and set a “neutral” rating for the company in a report on Monday. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $155.08.

Clorox Trading Down 0.5 %

Shares of CLX stock opened at $140.77 on Tuesday. The stock has a market capitalization of $17.34 billion, a price-to-earnings ratio of 38.46, a PEG ratio of 2.62 and a beta of 0.61. The Clorox Company has a 1 year low of $127.60 and a 1 year high of $171.37. The company has a debt-to-equity ratio of 20.52, a current ratio of 0.94 and a quick ratio of 0.60. The company’s fifty day simple moving average is $147.29 and its two-hundred day simple moving average is $157.05.

Clorox (NYSE:CLX) last released its quarterly earnings data on Monday, February 3rd. The company reported $1.55 EPS for the quarter, beating 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 company earned $2.16 earnings per share. As a group, analysts anticipate that The Clorox Company will post 7.15 earnings per share for the current year.

Clorox Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 23rd will be given a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 3.47%. The ex-dividend date is Wednesday, April 23rd. Clorox’s dividend payout ratio (DPR) is 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.