Sun Life Financial INC grew its holdings in Clorox Company (The) (NYSE:CLX) by 10,344.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 940 shares of the company’s stock after buying an additional 931 shares during the quarter. Sun Life Financial INC’s holdings in Clorox Company (The) were worth $125,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. American Beacon Advisors Inc. purchased a new stake in shares of Clorox Company (The) in the first quarter valued at approximately $104,000. Parkside Financial Bank & Trust grew its holdings in Clorox Company (The) by 3.8% during the second quarter. Parkside Financial Bank & Trust now owns 796 shares of the company’s stock worth $107,000 after acquiring an additional 29 shares during the period. Valley National Advisers Inc. grew its holdings in Clorox Company (The) by 0.6% during the first quarter. Valley National Advisers Inc. now owns 860 shares of the company’s stock worth $116,000 after acquiring an additional 5 shares during the period. Blue Chip Partners Inc. grew its holdings in Clorox Company (The) by 0.7% during the first quarter. Blue Chip Partners Inc. now owns 906 shares of the company’s stock worth $122,000 after acquiring an additional 6 shares during the period. Finally, Zions Bancorporation grew its holdings in Clorox Company (The) by 5.6% during the first quarter. Zions Bancorporation now owns 992 shares of the company’s stock worth $134,000 after acquiring an additional 53 shares during the period. 71.33% of the stock is owned by institutional investors and hedge funds.

In other news, COO Dawn C. Willoughby sold 2,158 shares of the company’s stock in a transaction on Tuesday, August 29th. The stock was sold at an average price of $138.00, for a total value of $297,804.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP James E. Foster sold 9,861 shares of the company’s stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of $138.51, for a total value of $1,365,847.11. Following the completion of the sale, the executive vice president now owns 22,069 shares of the company’s stock, valued at approximately $3,056,777.19. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 21,242 shares of company stock worth $2,944,449. 1.00% of the stock is owned by insiders.

Shares of Clorox Company (CLX) traded up 0.39% during midday trading on Wednesday, reaching $130.34. 38,834 shares of the company were exchanged. Clorox Company has a 52-week low of $111.24 and a 52-week high of $141.76. The company has a market capitalization of $16.82 billion, a PE ratio of 24.43 and a beta of 0.39. The firm’s 50 day moving average is $135.19 and its 200-day moving average is $134.73.

Clorox Company (The) (NYSE:CLX) last released its earnings results on Thursday, August 3rd. The company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.04. The firm had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.65 billion. Clorox Company (The) had a return on equity of 190.67% and a net margin of 11.74%. The firm’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.30 earnings per share. On average, equities analysts forecast that Clorox Company will post $5.66 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, November 13th. Stockholders of record on Wednesday, October 25th will be given a dividend of $0.84 per share. This represents a $3.36 annualized dividend and a dividend yield of 2.59%. The ex-dividend date of this dividend is Tuesday, October 24th. Clorox Company (The)’s dividend payout ratio (DPR) is presently 63.04%.

CLX has been the subject of a number of recent analyst reports. BMO Capital Markets reissued an “outperform” rating on shares of Clorox Company (The) in a report on Tuesday, September 12th. Jefferies Group LLC restated a “hold” rating and set a $137.00 target price (up from $136.00) on shares of Clorox Company (The) in a research report on Wednesday, August 9th. Barclays PLC reaffirmed an “equal weight” rating and set a $136.00 price target (down from $140.00) on shares of Clorox Company (The) in a research note on Friday, August 4th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $115.00 price target on shares of Clorox Company (The) in a research note on Wednesday, August 2nd. Finally, BidaskClub upgraded shares of Clorox Company (The) from a “strong sell” rating to a “sell” rating in a report on Monday, July 31st. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $127.81.

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Clorox Company (The) Profile

The Clorox Company is a manufacturer and marketer of consumer and professional products. The Company sells its products primarily through mass retail outlets, e-commerce channels, wholesale distributors and medical supply distributors. The Company operates through four segments: Cleaning, Household, Lifestyle and International.

Institutional Ownership by Quarter for Clorox Company (The) (NYSE:CLX)

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