United Asset Strategies Inc. Has $216,000 Position in The Clorox Company $CLX

United Asset Strategies Inc. lowered its position in The Clorox Company (NYSE:CLX) by 94.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,142 shares of the company’s stock after selling 39,055 shares during the quarter. United Asset Strategies Inc.’s holdings in Clorox were worth $216,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Center for Financial Planning Inc. acquired a new position in shares of Clorox in the third quarter valued at approximately $25,000. Vermillion & White Wealth Management Group LLC acquired a new position in shares of Clorox in the third quarter valued at approximately $25,000. True Wealth Design LLC increased its stake in shares of Clorox by 1,020.0% in the third quarter. True Wealth Design LLC now owns 224 shares of the company’s stock valued at $28,000 after buying an additional 204 shares during the period. Root Financial Partners LLC acquired a new position in shares of Clorox in the third quarter valued at approximately $29,000. Finally, Darwin Wealth Management LLC acquired a new stake in Clorox during the 2nd quarter valued at approximately $29,000. Institutional investors and hedge funds own 78.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on CLX. Weiss Ratings raised shares of Clorox from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, April 13th. Royal Bank Of Canada decreased their target price on shares of Clorox from $132.00 to $127.00 and set a “sector perform” rating for the company in a research report on Thursday, April 9th. Evercore decreased their target price on shares of Clorox from $132.00 to $115.00 and set an “underperform” rating for the company in a research report on Wednesday, February 4th. Morgan Stanley decreased their target price on shares of Clorox from $136.00 to $110.00 and set an “equal weight” rating for the company in a research report on Wednesday. Finally, Barclays decreased their target price on shares of Clorox from $109.00 to $102.00 and set an “underweight” rating for the company in a research report on Tuesday, April 14th. One investment analyst has rated the stock with a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $111.33.

Clorox Stock Performance

NYSE:CLX opened at $97.70 on Friday. The company has a market capitalization of $11.81 billion, a PE ratio of 15.96, a P/E/G ratio of 0.48 and a beta of 0.65. The Clorox Company has a fifty-two week low of $96.58 and a fifty-two week high of $143.96. The company has a debt-to-equity ratio of 71.03, a quick ratio of 0.48 and a current ratio of 0.74. The company has a 50 day simple moving average of $110.94 and a two-hundred day simple moving average of $109.62.

Clorox (NYSE:CLX) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $1.39 EPS for the quarter, missing the consensus estimate of $1.43 by ($0.04). The company had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.64 billion. Clorox had a return on equity of 383.01% and a net margin of 11.17%.The business’s quarterly revenue was down .8% compared to the same quarter last year. During the same period last year, the business earned $1.55 EPS. Research analysts anticipate that The Clorox Company will post 5.88 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 8th. Stockholders of record on Wednesday, April 22nd will be given a dividend of $1.24 per share. The ex-dividend date of this dividend is Wednesday, April 22nd. This represents a $4.96 annualized dividend and a dividend yield of 5.1%. Clorox’s dividend payout ratio (DPR) is 81.05%.

Clorox Company 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.