Trust Co. of Vermont Sells 5,946 Shares of The Clorox Company $CLX

Trust Co. of Vermont trimmed its position in shares of The Clorox Company (NYSE:CLX) by 26.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 16,177 shares of the company’s stock after selling 5,946 shares during the quarter. Trust Co. of Vermont’s holdings in Clorox were worth $1,631,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Total Investment Management Inc. bought a new position in shares of Clorox in the second quarter worth approximately $25,000. Center for Financial Planning Inc. bought a new stake in shares of Clorox during the third quarter valued at approximately $25,000. Vermillion & White Wealth Management Group LLC bought a new stake in shares of Clorox during the third quarter valued at approximately $25,000. True Wealth Design LLC raised its holdings in Clorox by 1,020.0% in the 3rd quarter. True Wealth Design LLC now owns 224 shares of the company’s stock worth $28,000 after acquiring an additional 204 shares during the last quarter. Finally, Root Financial Partners LLC bought a new position in Clorox in the 3rd quarter valued at approximately $29,000. 78.53% of the stock is currently owned by institutional investors.

Clorox Stock Performance

CLX stock opened at $100.99 on Friday. The company has a debt-to-equity ratio of 71.03, a current ratio of 0.74 and a quick ratio of 0.48. The Clorox Company has a 1 year low of $96.66 and a 1 year high of $150.84. The company has a market cap of $12.21 billion, a P/E ratio of 16.50, a price-to-earnings-growth ratio of 0.51 and a beta of 0.65. The stock’s fifty day moving average price is $115.02 and its 200-day moving average price is $111.72.

Clorox (NYSE:CLX) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $1.39 EPS for the quarter, missing analysts’ consensus estimates of $1.43 by ($0.04). The firm had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.64 billion. Clorox had a net margin of 11.17% and a return on equity of 383.01%. The firm’s revenue was down .8% compared to the same quarter last year. During the same quarter last year, the company posted $1.55 EPS. On average, equities analysts forecast that The Clorox Company will post 7.15 earnings per share for the current year.

Clorox Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Wednesday, April 22nd will be paid a $1.24 dividend. This represents a $4.96 annualized dividend and a dividend yield of 4.9%. The ex-dividend date is Wednesday, April 22nd. Clorox’s dividend payout ratio is 81.05%.

Analyst Upgrades and Downgrades

Several analysts have commented on CLX shares. Deutsche Bank Aktiengesellschaft cut their target price on Clorox from $112.00 to $101.00 and set a “hold” rating on the stock in a research note on Monday. Rothschild & Co Redburn set a $117.00 price target on Clorox in a report on Friday, February 13th. Wells Fargo & Company set a $125.00 price objective on Clorox in a report on Tuesday, February 17th. Barclays reissued an “underweight” rating and issued a $109.00 target price on shares of Clorox in a research report on Friday, January 16th. Finally, Royal Bank Of Canada set a $132.00 target price on shares of Clorox in a research note on Wednesday, February 4th. One analyst has rated the stock with a Buy rating, eleven have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $118.00.

Clorox Profile

The Clorox Company is a leading manufacturer and marketer of consumer and professional products designed to help people care for their homes and live healthy, sustainable lives. Its portfolio spans cleaning and household products, food and beverages, water filtration systems and cat litter, serving both retail and institutional customers. The company’s flagship bleach and disinfecting products are well known in the United States and many international markets, where they help prevent the spread of germs in homes, hospitals, schools and businesses.

Clorox’s diverse brand lineup includes liquid bleach and surface cleaners, eco-friendly cleaning tools, food preservation and preparation items, charcoal grills and briquettes, specialty foods and beverages, pet care products and personal care lines.