Bryn Mawr Capital Management LLC Invests $490,000 in The Clorox Company (NYSE:CLX)
From MarketBeat:
Bryn Mawr Capital Management LLC acquired a new position in The Clorox Company, acquiring 3,737 shares valued at approximately $490,000. Other acquisitions were made by Tyler Stone Wealth Management, Bogart Wealth LLC, American National Bank, Strategic Investment Solutions Inc. IL, and First Capital Advisors Group LLC. 77.98% of Clorox stock is owned by institutional investors and hedge funds.
Clorox opened at $156.36 on Friday, with a fifty-two week low of $114.68 and high of $178.21. The company has a debt-to-equity ratio of 18.92, a current ratio of 0.86, and a quick ratio of 0.54. The stock has a market capitalization of $19.40 billion and a beta of 0.43. Clorox reported $2.16 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08.
The Clorox Company announced a quarterly dividend, with a payout ratio currently at 761.92%. Stockholders of record on Wednesday, January 24th will receive a dividend of $1.20 per share. Clorox’s dividend yield is 3.07%.
Financial analysts have issued reports on Clorox stock, with a majority rating the stock as “Hold.” The company has an average price target of $144.64. Jefferies Financial Group began coverage on Clorox with an “underperform” rating and a $117.00 target price.
The Clorox Company manufactures and markets consumer and professional products, including cleaning products, professional cleaning and disinfecting products, professional food service products, and vitamins and supplements. The company operates through four segments: Health and Wellness, Household, Lifestyle, and International.
Read more: Bryn Mawr Capital Management LLC Invests $490,000 in The Clorox Company (NYSE:CLX)