Isthmus Partners LLC Purchases 1,578 Shares of The Clorox Company (NYSE:CLX)

Isthmus Partners LLC increased its stake in shares of The Clorox Company (NYSE:CLX) by 3.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,754 shares of the company’s stock after acquiring an additional 1,578 shares during the period. Isthmus Partners LLC’s holdings in The Clorox were worth $7,512,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Stonebridge Capital Advisors LLC acquired a new stake in shares of The Clorox during the first quarter worth $27,000. Bogart Wealth LLC increased its stake in The Clorox by 73.1% in the 2nd quarter. Bogart Wealth LLC now owns 180 shares of the company’s stock valued at $32,000 after buying an additional 76 shares during the last quarter. Sage Financial Management Group Inc. acquired a new stake in The Clorox in the 1st quarter valued at $39,000. Harbour Investments Inc. acquired a new stake in The Clorox in the 1st quarter valued at $40,000. Finally, E Fund Management Co. Ltd. acquired a new stake in The Clorox in the 1st quarter valued at $43,000. Institutional investors and hedge funds own 77.77% of the company’s stock.

Shares of NYSE:CLX traded down $1.52 during midday trading on Wednesday, hitting $170.72. The stock had a trading volume of 26,686 shares, compared to its average volume of 1,549,624. The company’s 50-day moving average price is $173.34 and its 200-day moving average price is $180.04. The company has a market capitalization of $20.97 billion, a P/E ratio of 31.09, a price-to-earnings-growth ratio of 4.37 and a beta of 0.21. The company has a quick ratio of 0.52, a current ratio of 0.89 and a debt-to-equity ratio of 4.20. The Clorox Company has a fifty-two week low of $159.32 and a fifty-two week high of $231.11.

The Clorox (NYSE:CLX) last issued its earnings results on Tuesday, August 3rd. The company reported $0.95 EPS for the quarter, missing the consensus estimate of $1.29 by ($0.34). The firm had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.91 billion. The Clorox had a net margin of 9.67% and a return on equity of 94.42%. The Clorox’s quarterly revenue was down 9.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.41 earnings per share. Research analysts expect that The Clorox Company will post 5.54 EPS for the current fiscal year.

CLX has been the topic of several recent research reports. Atlantic Securities lowered shares of The Clorox from an “overweight” rating to a “neutral” rating and set a $150.00 price target on the stock. in a research note on Wednesday, August 4th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of The Clorox from $192.00 to $153.00 and set a “hold” rating for the company in a research report on Wednesday, August 4th. Citigroup decreased their price objective on shares of The Clorox from $219.00 to $194.00 and set a “buy” rating for the company in a research report on Wednesday, August 4th. Royal Bank of Canada decreased their price objective on shares of The Clorox from $200.00 to $176.00 and set a “sector perform” rating for the company in a research report on Wednesday, August 4th. Finally, Zacks Investment Research downgraded shares of The Clorox from a “hold” rating to a “strong sell” rating and set a $139.00 price objective for the company. in a research report on Friday, August 6th. Five equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $182.44.

The Clorox Profile

The Clorox Co engages in the manufacture and marketing of consumer and professional products. It operates through the following business segments: Cleaning, Lifestyle, Household, and International. The Cleaning segment consists of laundry, home care, and professional products marketed and sold in the United States.

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

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