Mercer Capital Advisers buys $104,572 stake in Clorox Co (CLX)

Clorox Co (CLX) : Mercer Capital Advisers scooped up 27 additional shares in Clorox Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 854 shares of Clorox Co which is valued at $104,572.Clorox Co makes up approximately 0.09% of Mercer Capital Advisers’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 , First Quadrant L Pca reduced its stake in CLX by selling 200 shares or 1.07% in the most recent quarter. The Hedge Fund company now holds 18,500 shares of CLX which is valued at $2,265,325. Clorox Co makes up approx 0.05% of First Quadrant L Pca’s portfolio. Clean Yield Group added CLX to its portfolio by purchasing 200 company shares during the most recent quarter which is valued at $25,282. Clorox Co makes up approx 0.01% of Clean Yield Group’s portfolio.Franklin Street Advisors Inc Nc boosted its stake in CLX in the latest quarter, The investment management firm added 6,785 additional shares and now holds a total of 24,535 shares of Clorox Co which is valued at $3,101,469. Clorox Co makes up approx 0.60% of Franklin Street Advisors Inc Nc’s portfolio. Greylin Investment Mangement Inc sold out all of its stake in CLX during the most recent quarter. The investment firm sold 1,590 shares of CLX which is valued $203,774.

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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