Clorox Co (CLX) : Mechanics Bank Trust Department reduced its stake in Clorox Co by 0.38% during the most recent quarter end. The investment management company now holds a total of 14,519 shares of Clorox Co which is valued at $1,777,852 after selling 55 shares in Clorox Co , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.Clorox Co makes up approximately 0.68% of Mechanics Bank Trust Department’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 , Valley National Advisers Inc boosted its stake in CLX in the latest quarter, The investment management firm added 815 additional shares and now holds a total of 840 shares of Clorox Co which is valued at $102,858. Clorox Co makes up approx 0.05% of Valley National Advisers Inc’s portfolio.Umb Bank N Amo boosted its stake in CLX in the latest quarter, The investment management firm added 8,299 additional shares and now holds a total of 53,810 shares of Clorox Co which is valued at $6,589,035. Clorox Co makes up approx 0.28% of Umb Bank N Amo’s portfolio.Eastern Bank boosted its stake in CLX in the latest quarter, The investment management firm added 400 additional shares and now holds a total of 2,191 shares of Clorox Co which is valued at $276,964. Clorox Co makes up approx 0.02% of Eastern Bank’s portfolio.Central Bank Trust Co boosted its stake in CLX in the latest quarter, The investment management firm added 10,599 additional shares and now holds a total of 30,410 shares of Clorox Co which is valued at $3,844,128. Clorox Co makes up approx 1.07% of Central Bank Trust Co’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.