Susquehanna Fundamental Investments LLC Makes New Investment in The Clorox Company (NYSE:CLX)

Susquehanna Fundamental Investments LLC acquired a new stake in The Clorox Company (NYSE:CLX) during the 4th quarter, Holdings Channel.com reports. The firm acquired 117,536 shares of the company’s stock, valued at approximately $19,089,000.

A number of other large investors have also made changes to their positions in the stock. Brooklyn Investment Group grew its position in shares of Clorox by 163.8% in the fourth quarter. Brooklyn Investment Group now owns 153 shares of the company’s stock valued at $25,000 after purchasing an additional 95 shares during the period. Redwood Park Advisors LLC purchased a new position in Clorox in the fourth quarter valued at about $26,000. Millstone Evans Group LLC acquired a new position in Clorox during the 4th quarter worth approximately $31,000. Asset Planning Inc purchased a new position in shares of Clorox in the fourth quarter valued at $32,000. Finally, GKV Capital Management Co. Inc. purchased a new position in Clorox in the 4th quarter valued at about $32,000. Institutional investors and hedge funds own 78.53% of the company’s stock.

Wall Street Analysts Forecast Growth

CLX has been the topic of several analyst reports. Wells Fargo & Company dropped their price objective on Clorox from $155.00 to $145.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 16th. UBS Group decreased their price objective on shares of Clorox from $176.00 to $154.00 and set a “neutral” rating for the company in a report on Thursday, April 17th. DA Davidson decreased their price target on shares of Clorox from $171.00 to $169.00 and set a “neutral” rating for the company in a report on Wednesday, February 5th. Barclays lowered their price objective on Clorox from $139.00 to $134.00 and set an “underweight” rating for the company in a research note on Friday, April 11th. Finally, Evercore ISI raised their target price on Clorox from $145.00 to $155.00 in a research note on Tuesday, February 4th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $153.83.

Clorox Stock Performance

NYSE:CLX opened at $138.28 on Friday. The Clorox Company has a twelve month low of $127.60 and a twelve month high of $171.37. The firm has a market cap of $17.03 billion, a price-to-earnings ratio of 37.78, a price-to-earnings-growth ratio of 2.62 and a beta of 0.61. The company has a 50-day moving average of $145.61 and a 200-day moving average of $155.68. The company has a current ratio of 0.94, a quick ratio of 0.60 and a debt-to-equity ratio of 20.52.

Clorox (NYSE:CLX) last issued its earnings results on Monday, February 3rd. The company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.39 by $0.16. Clorox had a return on equity of 316.87% and a net margin of 6.38%. During the same period in the previous year, the business posted $2.16 EPS. Analysts forecast that The Clorox Company will post 7.15 earnings per share for the current fiscal year.

Clorox Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 23rd will be paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date is Wednesday, April 23rd. Clorox’s dividend payout ratio 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.