Bridgeway Capital Management Inc buys $44,987,223 stake in Clorox Co (CLX)

Clorox Co (CLX) : Bridgeway Capital Management Inc scooped up 100,300 additional shares in Clorox Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 337,185 shares of Clorox Co which is valued at $44,987,223.Clorox Co makes up approximately 0.67% of Bridgeway Capital Management Inc’s portfolio.

Other Hedge Funds, Including , Cetera Advisor Networks reduced its stake in CLX by selling 938 shares or 10.0% in the most recent quarter. The Hedge Fund company now holds 8,439 shares of CLX which is valued at $1,125,931. Clorox Co makes up approx 0.06% of Cetera Advisor Networks’s portfolio.Aberdeen Asset Management Plcuk reduced its stake in CLX by selling 1,132 shares or 1.15% in the most recent quarter. The Hedge Fund company now holds 97,643 shares of CLX which is valued at $12,848,842. Clorox Co makes up approx 0.05% of Aberdeen Asset Management Plcuk’s portfolio.Pggm Investments boosted its stake in CLX in the latest quarter, The investment management firm added 56 additional shares and now holds a total of 110,462 shares of Clorox Co which is valued at $14,473,836. Clorox Co makes up approx 0.07% of Pggm Investments’s portfolio.

Clorox Co (CLX) witnessed a volatile trading activity on Thursday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $130.54 and reached the intraday high at $131.12. The bulls started the profit booking and pushed the shares to intraday low of $130.41. The trading session was marked by a volume range of 6,31,247 shares exchanging hands. The 52-week high of the shares is $140.47 and the 52-week low is $108.28. The market cap of the company stands at $16,966 M and there are 12,94,69,454 shares in public circulation.

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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