Capital Advantage Exits Position in Clorox Co (CLX)

Clorox Co (CLX) : Capital Advantage has sold out all of its stake in Clorox Co during the most recent quarter, according to the disclosure filed by the company on Aug 10, 2016 with the SEC. The investment management company has sold out 1,631 shares of Clorox Co which is valued at $217,608.

Other Hedge Funds, Including , B T Capital Management Dba Alpha Capital Management reduced its stake in CLX by selling 82 shares or 0.72% in the most recent quarter. The Hedge Fund company now holds 11,291 shares of CLX which is valued at $1,506,445. Clorox Co makes up approx 1.04% of B T Capital Management Dba Alpha Capital Management’s portfolio.Brown Advisory Inc boosted its stake in CLX in the latest quarter, The investment management firm added 1,083 additional shares and now holds a total of 13,297 shares of Clorox Co which is valued at $1,757,332. Clorox Co makes up approx 0.01% of Brown Advisory Inc’s portfolio.Commonwealth Equity Services Inc reduced its stake in CLX by selling 128 shares or 0.11% in the most recent quarter. The Hedge Fund company now holds 113,374 shares of CLX which is valued at $14,990,310. Clorox Co makes up approx 0.12% of Commonwealth Equity Services Inc’s portfolio.Tocqueville Asset Management reduced its stake in CLX by selling 464 shares or 6.71% in the most recent quarter. The Hedge Fund company now holds 6,450 shares of CLX which is valued at $845,402. Clorox Co makes up approx 0.01% of Tocqueville Asset Management’s portfolio.Sadoff Investment Management boosted its stake in CLX in the latest quarter, The investment management firm added 885 additional shares and now holds a total of 117,010 shares of Clorox Co which is valued at $15,817,412. Clorox Co makes up approx 1.79% of Sadoff Investment Management’s portfolio.

Clorox Co closed down -0.42 points or -0.32% at $130.8 with 7,18,655 shares getting traded on Friday. Post opening the session at $130.88, the shares hit an intraday low of $130.45 and an intraday high of $131.055 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, Clorox Co reported $1.30 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $1.28. The company had revenue of $1600.00 million for the quarter, compared to analysts expectations of $1587.79 million. The company’s revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.44 EPS.

Many Wall Street Analysts have commented on Clorox Co. Clorox Co was Initiated by Atlantic Equities to “Neutral” on Jun 14, 2016.

The Clorox Company (Clorox) is a United States-based manufacturer and marketer of consumer and professional products. The Company sells its products through mass retail outlets e-commerce channels distributors and medical supply providers. The Company operates through strategic business units that are aggregated into four reportable segments: Cleaning which consists of laundry home care and professional products marketed and sold in the United States; Household which consists of charcoal cat litter and plastic bags wraps and container products; Lifestyle which includes food products water-filtration systems and filters and natural personal care products and International which consists of products sold outside the United States such as laundry home care water-filtration charcoal and cat litter products dressings and sauces plastic bags wraps and containers and natural personal care products.

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