Albion Financial Group Ut Lowers stake in Clorox Co (CLX)

Clorox Co (CLX) : Albion Financial Group Ut reduced its stake in Clorox Co by 7.09% during the most recent quarter end. The investment management company now holds a total of 39,193 shares of Clorox Co which is valued at $4,799,183 after selling 2,990 shares in Clorox Co , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.Clorox Co makes up approximately 0.79% of Albion Financial Group Ut’s portfolio.

Clorox Co opened for trading at $124.04 and hit $125.1334 on the upside on Wednesday, eventually ending the session at $124.78, with a gain of 0.82% or 1.02 points. The heightened volatility saw the trading volume jump to 10,12,570 shares. Company has a market cap of $16,152 M.

Other Hedge Funds, Including , Strs Ohio sold out all of its stake in CLX during the most recent quarter. The investment firm sold 24,421 shares of CLX which is valued $2,990,351.Cornerstone Advisors reduced its stake in CLX by selling 49 shares or 12.04% in the most recent quarter. The Hedge Fund company now holds 358 shares of CLX which is valued at $43,837. Clorox Co makes up approx 0.05% of Cornerstone Advisors’s portfolio.

On the company’s financial health, Clorox Co reported $1.14 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Feb 4, 2016. Analyst had a consensus of $1.05. The company had revenue of $1345.00 million for the quarter, compared to analysts expectations of $1350.86 million. During the same quarter in the previous year, the company posted $0.97 EPS.

Many Wall Street Analysts have commented on Clorox Co. Clorox Co was Downgraded by Sterne Agee CRT to ” Neutral” on Feb 26, 2016. Company shares were Reiterated by B. Riley & Co. on Feb 9, 2016 to “Neutral”, Firm has raised the Price Target to $ 102 from a previous price target of $101 .

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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