Kcm Investment Advisors buys $12,866,862 stake in Clorox Co (CLX)

Clorox Co (CLX) : Kcm Investment Advisors scooped up 3,549 additional shares in Clorox Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 10, 2016. The investment management firm now holds a total of 97,491 shares of Clorox Co which is valued at $12,866,862.Clorox Co makes up approximately 0.96% of Kcm Investment Advisors’s portfolio.

Other Hedge Funds, Including , Stearns Financial Services Group reduced its stake in CLX by selling 3 shares or 0.15% in the most recent quarter. The Hedge Fund company now holds 1,983 shares of CLX which is valued at $261,716. Clorox Co makes up approx 0.08% of Stearns Financial Services Group’s portfolio. Montag A Associates Inc sold out all of its stake in CLX during the most recent quarter. The investment firm sold 2,686 shares of CLX which is valued $350,416.Ifc Holdings Incorporatedfl boosted its stake in CLX in the latest quarter, The investment management firm added 304 additional shares and now holds a total of 4,590 shares of Clorox Co which is valued at $598,811. Clorox Co makes up approx 0.08% of Ifc Holdings Incorporatedfl’s portfolio.Tradewinds Capital Management boosted its stake in CLX in the latest quarter, The investment management firm added 20 additional shares and now holds a total of 280 shares of Clorox Co which is valued at $36,529. Clorox Co makes up approx 0.03% of Tradewinds Capital Management’s portfolio.

Clorox Co opened for trading at $131.98 and hit $132.76 on the upside on Monday, eventually ending the session at $132, with a gain of 0.02% or 0.02 points. The heightened volatility saw the trading volume jump to 8,10,824 shares. Company has a market cap of $17,073 M.

On the company’s financial health, Clorox Co reported $1.21 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on May 3, 2016. Analyst had a consensus of $1.10. The company had revenue of $1426.00 million for the quarter, compared to analysts expectations of $1408.28 million. The company’s revenue was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.08 EPS.

Many Wall Street Analysts have commented on Clorox Co. Company shares were Reiterated by B. Riley & Co. on May 5, 2016 to “Neutral”, Firm has raised the Price Target to $ 109 from a previous price target of $102 .Company shares were Reiterated by UBS on May 4, 2016 to “Sell”, Firm has raised the Price Target to $ 112 from a previous price target of $110 .Clorox Co was Downgraded by Sterne Agee CRT to ” Neutral” on Feb 26, 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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