Chesapeake Asset Management Trimmed Its Microsoft (MSFT) Stake as Market Valuation Declined; As The Clorox Company (CLX) Valuation Rose, Shareholder Parnassus Investments Decreased Stake

The Clorox Company (NYSE:CLX) Logo

Parnassus Investments decreased its stake in The Clorox Company (CLX) by 1.21% based on its latest 2018Q3 regulatory filing with the SEC. Parnassus Investments sold 57,072 shares as the company’s stock rose 7.73% while stock markets declined. The institutional investor held 4.65M shares of the specialty chemicals company at the end of 2018Q3, valued at $700.14 million, down from 4.71M at the end of the previous reported quarter. Parnassus Investments who had been investing in The Clorox Company for a number of months, seems to be less bullish one the $19.89B market cap company. The stock increased 0.18% or $0.28 during the last trading session, reaching $155.18. About 208,521 shares traded. The Clorox Company (NYSE:CLX) has risen 12.45% since February 13, 2018 and is uptrending. It has outperformed by 12.45% the S&P500. Some Historical CLX News: 02/05/2018 – Clorox: Affected by Industrywide Cost Pressures in Near Term; 20/03/2018 – Health & Wellness Platform Anchored By Vanterra Capital Acquired By Clorox CLX; 24/05/2018 – Clorox: $2B Repurchase Program Replaces Current $750M Program; 02/05/2018 – Clorox Cuts FY18 View To EPS $6.15-EPS $6.30; 12/03/2018 – MOODY’S SAYS CLOROX’S ANNOUNCED PURCHASE OF NUTRANEXT IS CREDIT; 08/05/2018 – Prebiotics and Probiotics Team Up in Renew Life’s First Organic Supplement; 30/03/2018 – Brita® And Stephen Curry Seek To Make A Long-Lasting Impact In Schools Nationwide; 27/03/2018 – Hemet Valley Medical Center Implements Cutting-edge UV Technology to Enhance Patient Safety and Help Eradicate Healthcare-Associated Infections; 22/05/2018 – P&G, Colgate and Clorox were last this cheap on a relative basis to the market seven to nine years ago; 18/05/2018 – At a valuation of $16 billion, that makes the India business worth more than 170 companies in the S&P 500 including Clorox, Macy’s and Tiffany & Co

Chesapeake Asset Management Llc decreased its stake in Microsoft Corp (MSFT) by 9.02% based on its latest 2018Q3 regulatory filing with the SEC. Chesapeake Asset Management Llc sold 4,555 shares as the company’s stock declined 1.64% with the market. The hedge fund held 45,929 shares of the prepackaged software company at the end of 2018Q3, valued at $5.25 million, down from 50,484 at the end of the previous reported quarter. Chesapeake Asset Management Llc who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $821.81 billion market cap company. The stock increased 0.21% or $0.22 during the last trading session, reaching $107.11. About 7.55M shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 30.43% since February 13, 2018 and is uptrending. It has outperformed by 30.43% the S&P500. Some Historical MSFT News: 07/03/2018 – DocuSign picks banks for potential IPO in April; 16/04/2018 – MICROSOFT INTRODUCES AZURE SPHERE; 07/05/2018 – VentureBeat: Microsoft open-sources Azure IoT Edge runtime, embraces more Kubernetes, partners with DJI and Qualcomm; 23/05/2018 – VMware, Okta Unveil Pact to Take on Microsoft in Mobile Security; 07/03/2018 – ChannelNet Launches OneClick Financial for Banks and Credit Unions; 14/05/2018 – Zerto Wins Big at The Channel Company’s Annual Midsize Enterprise Summit; 27/04/2018 – Microsoft opened nearly 4% up Friday, the day after a first-quarter earnings beat. via @cnbctech; 21/05/2018 – TREKSTOR Expands Business to the US: Primebooks Now Available in US Microsoft Stores; 15/03/2018 – ZENSAR TECHNOLOGIES LTD ZENT.NS – EXTENDS CO’S MANAGED PARTNER RELATIONSHIP WITH MICROSOFT IN SOUTH AFRICA; 23/04/2018 – Slync Appoints Former DHL Global Forwarding Latin America CEO Samuel Israel to Advisory Board

Since August 31, 2018, it had 0 buys, and 11 insider sales for $82.43 million activity. Hogan Kathleen T sold $4.45 million worth of stock. 20,000 Microsoft Corporation (NASDAQ:MSFT) shares with value of $2.15M were sold by BROD FRANK H. 203,418 shares valued at $21.70 million were sold by Nadella Satya on Friday, October 26. Hood Amy also sold $13.09M worth of Microsoft Corporation (NASDAQ:MSFT) shares.

Investors sentiment decreased to 0.81 in Q3 2018. Its down 0.03, from 0.84 in 2018Q2. It is negative, as 33 investors sold MSFT shares while 981 reduced holdings. 145 funds opened positions while 681 raised stakes. 5.28 billion shares or 0.60% less from 5.31 billion shares in 2018Q2 were reported. Essex Inv Mgmt Communications Ltd Com reported 102,913 shares or 1.38% of all its holdings. Accuvest Global Advisors holds 5,599 shares. Steinberg Glob Asset holds 42,046 shares or 0.68% of its portfolio. 12,907 were accumulated by Wespac Advsr Ltd Llc. Welch & Forbes Ltd Limited Liability Company invested 2.39% in Microsoft Corporation (NASDAQ:MSFT). Camelot Portfolios Lc holds 6,895 shares. 363,604 were reported by Seizert Prtn Limited. Roffman Miller Assocs Pa owns 365,126 shares. University Of Notre Dame Du Lac owns 249,161 shares. Lederer & Counsel Ca owns 31,594 shares for 3.05% of their portfolio. Greenleaf Trust accumulated 162,739 shares or 0.34% of the stock. M Kraus & Company reported 89,991 shares. Orca Mngmt Ltd Liability Co has 8.48% invested in Microsoft Corporation (NASDAQ:MSFT). Credit Agricole S A has invested 2.11% in Microsoft Corporation (NASDAQ:MSFT). Hanseatic Mngmt Services owns 5.09% invested in Microsoft Corporation (NASDAQ:MSFT) for 47,788 shares.

Among 38 analysts covering Microsoft Corporation (NASDAQ:MSFT), 34 have Buy rating, 1 Sell and 3 Hold. Therefore 89% are positive. Microsoft Corporation had 217 analyst reports since July 22, 2015 according to SRatingsIntel. Oppenheimer maintained Microsoft Corporation (NASDAQ:MSFT) on Friday, August 7 with “Buy” rating. J.P. Morgan maintained Microsoft Corporation (NASDAQ:MSFT) on Thursday, January 25 with “Hold” rating. William Blair initiated the stock with “Market Perform” rating in Tuesday, July 19 report. Barclays Capital maintained the stock with “Overweight” rating in Wednesday, January 6 report. Argus Research upgraded Microsoft Corporation (NASDAQ:MSFT) on Tuesday, October 31 to “Buy” rating. Bernstein maintained it with “Buy” rating and $118.0 target in Thursday, February 1 report. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Friday, April 27 by Oppenheimer. The firm has “Buy” rating by RBC Capital Markets given on Sunday, October 8. Citigroup upgraded Microsoft Corporation (NASDAQ:MSFT) rating on Friday, January 27. Citigroup has “Neutral” rating and $65 target. The firm earned “Overweight” rating on Thursday, February 1 by KeyBanc Capital Markets.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Seekingalpha.com which released: “Microsoft acquires open-source software company – Seeking Alpha” on January 24, 2019, also Nasdaq.com with their article: “Technology Sector Update for 02/08/2019: VCRA, EGAN, QNST, MSFT, AAPL, IBM, CSCO, GOOG – Nasdaq” published on February 08, 2019, Profitconfidential.com published: “MSFT Stock: Microsoft Stock Has Just Generated Multiple Signals – Profit Confidential” on January 18, 2019. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Nasdaq.com and their article: “Here’s Why Microsoft (MSFT) Stock Looks Strong After Q2 Earnings – Nasdaq” published on January 31, 2019 as well as Seekingalpha.com‘s news article titled: “Why I Sold Microsoft February Puts – Seeking Alpha” with publication date: January 24, 2019.

More notable recent The Clorox Company (NYSE:CLX) news were published by: Benzinga.com which released: “Barron’s On: The Most Sustainable Companies In America – Benzinga” on February 10, 2019, also Seekingalpha.com with their article: “The Clorox Company: 1 Top Dividend Stock For 2019… And Beyond – Seeking Alpha” published on January 15, 2019, Benzinga.com published: “A Few Key Takeaways From Clorox’s Analyst Presentation (NYSE:CLX) – Benzinga” on December 12, 2018. More interesting news about The Clorox Company (NYSE:CLX) were released by: Globenewswire.com and their article: “Factors of Influence in 2019, Key Indicators and Opportunity within Helmerich & Payne, Genworth Financial, PBF Energy, EastGroup Properties, Helix Energy, and The Clorox — New Research Emphasizes Economic Growth – GlobeNewswire” published on February 08, 2019 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For February 4, 2019 – Benzinga” with publication date: February 04, 2019.

Among 18 analysts covering The Clorox Company (NYSE:CLX), 3 have Buy rating, 4 Sell and 11 Hold. Therefore 17% are positive. The Clorox Company had 71 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by UBS on Tuesday, November 3 with “Sell”. Deutsche Bank maintained the shares of CLX in report on Thursday, November 1 with “Sell” rating. On Friday, November 10 the stock rating was upgraded by Consumer Edge Research to “Outperform”. The firm has “Hold” rating by Jefferies given on Monday, June 12. The stock of The Clorox Company (NYSE:CLX) earned “Buy” rating by BMO Capital Markets on Tuesday, October 3. Wells Fargo maintained The Clorox Company (NYSE:CLX) on Wednesday, December 12 with “Market Perform” rating. On Friday, February 26 the stock rating was downgraded by Sterne Agee CRT to “Neutral”. The firm has “Hold” rating by KeyBanc Capital Markets given on Thursday, October 5. The firm has “Equal-Weight” rating given on Friday, August 4 by Barclays Capital. JP Morgan maintained it with “Neutral” rating and $138 target in Tuesday, March 13 report.

Investors sentiment decreased to 0.86 in 2018 Q3. Its down 0.14, from 1 in 2018Q2. It turned negative, as 39 investors sold CLX shares while 270 reduced holdings. 84 funds opened positions while 181 raised stakes. 95.79 million shares or 1.06% less from 96.82 million shares in 2018Q2 were reported. First Citizens National Bank & Trust And Trust Communication holds 0.06% of its portfolio in The Clorox Company (NYSE:CLX) for 3,806 shares. Btim accumulated 226,915 shares or 0.47% of the stock. Meiji Yasuda Asset Management stated it has 10,343 shares. Credit Suisse Ag holds 0.04% of its portfolio in The Clorox Company (NYSE:CLX) for 274,597 shares. Freestone Holdg Ltd Limited Liability Company stated it has 0% in The Clorox Company (NYSE:CLX). Invsts Asset Management Of Georgia Inc Ga Adv stated it has 0.55% in The Clorox Company (NYSE:CLX). Kistler reported 0% in The Clorox Company (NYSE:CLX). First Fincl Corporation In reported 375 shares or 0.04% of all its holdings. 2,878 were accumulated by Iberiabank. 4.15M were reported by Wells Fargo & Comm Mn. Chevy Chase has invested 0.07% of its portfolio in The Clorox Company (NYSE:CLX). Captrust Advisors has invested 0.05% in The Clorox Company (NYSE:CLX). 51,249 were reported by Utd Svcs Automobile Association. 10,266 were reported by Asset Inc. Dearborn Prtn invested in 0.13% or 12,790 shares.

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