Wells Fargo Trims The Clorox (CLX) Target Price to $130.00

Lloyd Doyle
April 23, 2018

Renaissance Technologies LLC now owns 2,360,600 shares of the company's stock worth $351,116,000 after acquiring an additional 310,000 shares in the last quarter. The stock decreased 3.59% or $4.28 during the last trading session, reaching $114.88.The Clorox Company has 3.11 million shares volume, 154.80% up from normal. About 3.11 million shares traded or 153.17% up from the average.

Media coverage about The Clorox (NYSE:CLX) has been trending somewhat positive this week, Accern Sentiment Analysis reports.

David Simon increased its stake in Humana Inc (HUM) by 18.03% based on its latest 2017Q4 regulatory filing with the SEC. Valueinvest Asset Management S.A. now owns 1,609,500 shares of the company's stock worth $239,397,000 after acquiring an additional 9,700 shares in the last quarter. The company has market cap of $14.87 billion. The company had revenue of $1.42 billion during the quarter, compared to analysts' expectations of $1.43 billion. About 60.26 million shares traded or 56.69% up from the average. Ally Financial Inc. (NYSE:ALLY) has risen 34.39% since April 22, 2017 and is uptrending. It has outperformed by 7.94% the S&P500.

Sigma Investment Counselors Inc, which manages about $718.41 million and $732.05M US Long portfolio, upped its stake in Ishares Tr (TIP) by 3,204 shares to 198,559 shares, valued at $22.65 million in 2017Q4, according to the filing. Its down 0.16, from 1.21 in 2017Q3. Teachers Retirement Of The State Of Kentucky has invested 0.05% of its portfolio in Humana Inc. 69 funds opened positions while 193 raised stakes. Balyasny Asset holds 15,331 shares. Tompkins Corp reported 205 shs or 0.01% of all its holdings. Virtu Fin Limited Liability Corp holds 27,082 shares. Berkshire Asset Mngmt Limited Liability Co Pa, a Pennsylvania-based fund reported 3,456 shs. American International Group had 76 analyst reports since August 5, 2015 according to SRatingsIntel. Old Mutual (Uk) Limited invested 1.33% in Apple Inc. The SI to Versum Materials Inc's float is 2.48%. Carroll Assocs has invested 1.93% in Apple Inc. Louisiana State Employees Retirement Systems owns 7,800 shs or 0.05% of their USA capital. During the same quarter last year, the company earned $1.14 earnings per share. equities analysts forecast that The Clorox will post 5.65 earnings per share for the current fiscal year. They expect $1.31 earnings per share, 0.00% or $0.00 from last year's $1.31 per share.

Among 42 analysts covering Visa Inc. Humana had 79 analyst reports since July 30, 2015 according to SRatingsIntel. (NYSE:HUM) earned "Hold" rating by RBC Capital Markets on Thursday, November 9. Drexel Hamilton maintained Apple Inc. The rating was initiated by Cantor Fitzgerald on Thursday, September 28 with "Buy". The firm earned "Mkt Perform" rating on Friday, October 2 by FBR Capital. On Tuesday, July 25 the stock rating was maintained by Credit Suisse with "Buy". The stock of Apple Inc. (NASDAQ:AAPL) has "Overweight" rating given on Monday, October 12 by Morgan Stanley.

Since December 15, 2017, it had 0 insider purchases, and 10 selling transactions for $20.82 million activity. 6,220 shares were sold by MATSCHULLAT ROBERT W, worth $707,561. On Tuesday, April 3 SCHILLER PHILIP W sold $11.56M worth of Apple Inc. Moreover, Salem Investment Counselors Inc has 0.02% invested in The Clorox Company (NYSE:CLX). Therefore 19% are positive. The rating was maintained by Morgan Stanley on Monday, February 5 with "Equal-Weight".

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CLX. On Thursday, April 19 the firm has "Sell" rating by Morgan Stanley given. Morgan Stanley lowered their price target on The Clorox from $140.00 to $133.00 and set an equal weight rating for the company in a report on Monday, February 5th. Robert W. Baird upgraded ABM Industries Incorporated (NYSE:ABM) on Thursday, March 9 to "Outperform" rating. Deutsche Bank maintained the shares of CLX in report on Tuesday, November 3 with "Hold" rating. The firm earned "Sell" rating on Thursday, August 4 by UBS. BMO Capital Markets set a $147.00 target price on The Clorox and gave the stock a buy rating in a report on Monday, February 5th.

Big Money Sentiment decreased to 1.07 in Q4 2017. The company reported $1.23 EPS for the quarter, beating analysts' consensus estimates of $1.22 by $0.01. It turned negative, as 50 investors sold CLX shares while 237 reduced holdings. 226 rose stakes while 81 funds took stakes. Manchester Cap Management Ltd Liability Corporation reported 769 shares or 0.03% of all its holdings. Tci Wealth holds 0.05% or 737 shares in its portfolio. American International Group, Inc. Dearborn Prtn Lc has invested 0.05% of its portfolio in The Clorox Company (NYSE:CLX). Salient Trust Lta invested in 0.17% or 10,135 shares.

In terms of performance, we can pore into the stats for The Clorox Company (NYSE:CLX). Johnson Finance Gp Inc holds 4,068 shs. Massachusetts-based Fmr Llc has invested 0% in The Clorox Company (NYSE:CLX). Dudley & Shanley Ltd Com invested in 4.52% or 338,000 shares. Bancorporation Of America De holds 0.01% in The Clorox Company (NYSE:CLX) or 584,039 shares. They expect $1.31 EPS, 0.00% or $0.00 from last year's $1.31 per share. CLX's profit could reach $169.52M with 21.92 P/E in case $1.31 EPS is published. Ltd. boosted its position in Clorox by 1,915.6% in the fourth quarter. $1.19B less could be NYSE:CLX valuation at $105.69 share price.

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