Main Street Research buys $10,969,526 stake in Clorox Co (CLX)

Clorox Co (CLX) : Main Street Research scooped up 1,552 additional shares in Clorox Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 82,218 shares of Clorox Co which is valued at $10,969,526.Clorox Co makes up approximately 2.24% of Main Street Research’s portfolio.

Other Hedge Funds, Including , O’shaughnessy Asset Management reduced its stake in CLX by selling 2,748 shares or 2.94% in the most recent quarter. The Hedge Fund company now holds 90,798 shares of CLX which is valued at $12,114,269. Clorox Co makes up approx 0.28% of O’shaughnessy Asset Management’s portfolio.Keybank National Associationoh reduced its stake in CLX by selling 4,490 shares or 11.26% in the most recent quarter. The Hedge Fund company now holds 35,373 shares of CLX which is valued at $4,719,466. Clorox Co makes up approx 0.03% of Keybank National Associationoh’s portfolio.First Personal Financial Services reduced its stake in CLX by selling 116 shares or 0.64% in the most recent quarter. The Hedge Fund company now holds 18,126 shares of CLX which is valued at $2,395,532. Clorox Co makes up approx 0.80% of First Personal Financial Services’s portfolio.Public Employees Retirement Association Of Colorado reduced its stake in CLX by selling 1,150 shares or 4.03% in the most recent quarter. The Hedge Fund company now holds 27,386 shares of CLX which is valued at $3,589,483. Clorox Co makes up approx 0.03% of Public Employees Retirement Association Of Colorado’s portfolio.Leavell Investment Management reduced its stake in CLX by selling 506 shares or 2.21% in the most recent quarter. The Hedge Fund company now holds 22,345 shares of CLX which is valued at $3,024,396. Clorox Co makes up approx 0.44% of Leavell Investment Management’s portfolio.

Clorox Co closed down -0.48 points or -0.37% at $130.45 with 7,75,512 shares getting traded on Tuesday. Post opening the session at $131.17, the shares hit an intraday low of $130.22 and an intraday high of $131.49 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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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