Cavalier Investments Lowers stake in Clorox Co (CLX)

Clorox Co (CLX) : Cavalier Investments reduced its stake in Clorox Co by 23.3% during the most recent quarter end. The investment management company now holds a total of 15,800 shares of Clorox Co which is valued at $2,108,036 after selling 4,800 shares in Clorox Co , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Clorox Co makes up approximately 1.21% of Cavalier Investments’s portfolio.

Other Hedge Funds, Including , Cantab Capital Partners Llp reduced its stake in CLX by selling 3,652 shares or 33.29% in the most recent quarter. The Hedge Fund company now holds 7,317 shares of CLX which is valued at $976,234. Clorox Co makes up approx 0.23% of Cantab Capital Partners Llp’s portfolio.Janus Capital Management boosted its stake in CLX in the latest quarter, The investment management firm added 290,125 additional shares and now holds a total of 1,989,769 shares of Clorox Co which is valued at $265,474,980. Clorox Co makes up approx 0.22% of Janus Capital Management’s portfolio. Monroe Bank Trustmi sold out all of its stake in CLX during the most recent quarter. The investment firm sold 1,000 shares of CLX which is valued $133,420. Zweig-dimenna Associates sold out all of its stake in CLX during the most recent quarter. The investment firm sold 1,800 shares of CLX which is valued $239,760.Shelton Capital Management boosted its stake in CLX in the latest quarter, The investment management firm added 500 additional shares and now holds a total of 11,955 shares of Clorox Co which is valued at $1,573,158. Clorox Co makes up approx 0.14% of Shelton Capital Management’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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