Charter Trust Company Has Cut Clorox Co (CLX) Holding; Atlantic Power (AT) Has 0.91 Sentiment

June 29, 2018 - By Martha Paddon

The Clorox Company (NYSE:CLX) Logo

Charter Trust Company decreased Clorox Co (CLX) stake by 47.16% reported in 2018Q1 SEC filing. Charter Trust Company sold 2,674 shares as Clorox Co (CLX)’s stock declined 6.80%. The Charter Trust Company holds 2,996 shares with $399,000 value, down from 5,670 last quarter. Clorox Co now has $17.34 billion valuation. The stock increased 2.47% or $3.23 during the last trading session, reaching $133.86. About 1.44 million shares traded or 3.50% up from the average. The Clorox Company (NYSE:CLX) has declined 9.29% since June 29, 2017 and is downtrending. It has underperformed by 21.86% the S&P500. Some Historical CLX News: 27/03/2018 – FTC: 20180921: The Clorox Company; HPH Specialized International Fund 1, LP; 10/05/2018 – Moody’s Assigns Baa1 Rating To Clorox’s Usd Bonds; Outlook Stable; 13/03/2018 – Hidden Valley First To Leverage Allrecipes’ AmazonFresh Integration; 24/05/2018 – Clorox Anticipates Maintaining Debt-to-Ebitda Ratio Within Target Range of 2-2.5 Times; 12/03/2018 – Moody’s Says Clorox’s Announced Acquisition Of Nutranext Is Credit Negative, But Ratings Not Affected; 02/05/2018 – Clorox Beats Profit Expectations, But Margins Fall On Higher Commodity And Logistics Costs — MarketWatch; 12/03/2018 – Clorox Estimates Nutranext Acquisition Will Dilute FY19 EPS by 8-12 Cents; 02/05/2018 – Clorox 3Q EPS $1.37; 19/04/2018 – Clorox Announces May 8 Webcast of Company Presentation at Goldman Sachs Global Staples Forum; 19/04/2018 – Mohsenian says some of the challenges Clorox faces are pricing pressures and a shift away from “large established brands towards smaller brands” by consumers

Atlantic Power Corp (AT) investors sentiment decreased to 0.91 in 2018 Q1. It’s down -0.56, from 1.47 in 2017Q4. The ratio fall, as 41 funds increased or opened new holdings, while 45 reduced and sold stock positions in Atlantic Power Corp. The funds in our database now hold: 58.03 million shares, up from 56.37 million shares in 2017Q4. Also, the number of funds holding Atlantic Power Corp in top ten holdings increased from 0 to 1 for an increase of 1. Sold All: 7 Reduced: 38 Increased: 28 New Position: 13.

Another recent and important Atlantic Power Corporation (NYSE:AT) news was published by Schaeffersresearch.com which published an article titled: “Dow Soars With Oil Prices” on June 22, 2018.

It closed at $2.25 lastly. It is down 8.16% since June 29, 2017 and is downtrending. It has underperformed by 20.73% the S&P500. Some Historical AT News: 29/03/2018 – S&PGR Affirms Atlantic Power Corp. ‘B+’ Long-Term Corporate Credit Rating; 18/04/2018 – Atlantic Power Short-Interest Ratio Rises 62% to 74 Days; 19/04/2018 – DJ Atlantic Power Corporation, Inst Holders, 1Q 2018 (ATP); 29/03/2018 – S&PGR Affirms Atlantic Power Corp. Rtgs, Outlk Remains Stable; 19/04/2018 – Atlantic Power Corp Announces Repricing of APLP Holdings Term Loan and Revolver; 04/04/2018 – Atlantic Power Short-Interest Ratio Rises 91% to 46 Days; 19/04/2018 – ATLANTIC POWER CORPORATION ANNOUNCES REPRICING OF APLP HOLDINGS TERM LOAN AND REVOLVER; 03/05/2018 – ATLANTIC POWER CORP – QTRLY SHR $0.12; 03/05/2018 – Atlantic Power 1Q Rev $80M

Mangrove Partners holds 1.57% of its portfolio in Atlantic Power Corporation for 11.47 million shares. Verition Fund Management Llc owns 1.13 million shares or 0.18% of their US portfolio. Moreover, Peak Asset Management Llc has 0.08% invested in the company for 109,180 shares. The Illinois-based Rmb Capital Management Llc has invested 0.07% in the stock. Gagnon Securities Llc, a New York-based fund reported 52,464 shares.

Atlantic Power Corporation owns and operates a fleet of power generation assets in the United States and Canada. The company has market cap of $254.74 million. As of December 31, 2016, its power generation projects had an aggregate gross electric generation capacity of approximately 2,138 megawatts consisting of interests in 23 operational power generation projects across 9 states in the United States and 2 provinces in Canada. It currently has negative earnings. The firm sells its electricity to utilities and other commercial customers.

Analysts await Atlantic Power Corporation (NYSE:AT) to report earnings on August, 2. They expect $-0.16 earnings per share, down 206.67% or $0.31 from last year’s $0.15 per share. After $0.06 actual earnings per share reported by Atlantic Power Corporation for the previous quarter, Wall Street now forecasts -366.67% negative EPS growth.

Among 9 analysts covering Clorox (NYSE:CLX), 1 have Buy rating, 1 Sell and 7 Hold. Therefore 11% are positive. Clorox has $155.0 highest and $113 lowest target. $131.50’s average target is -1.76% below currents $133.86 stock price. Clorox had 16 analyst reports since January 4, 2018 according to SRatingsIntel. The rating was maintained by Morgan Stanley on Monday, February 5 with “Equal-Weight”. The stock of The Clorox Company (NYSE:CLX) earned “Hold” rating by Wells Fargo on Thursday, April 19. The rating was maintained by BMO Capital Markets on Monday, February 5 with “Buy”. Bank of America maintained it with “Neutral” rating and $140 target in Monday, February 5 report. The stock of The Clorox Company (NYSE:CLX) has “Outperform” rating given on Thursday, May 3 by BMO Capital Markets. As per Thursday, May 3, the company rating was maintained by Bank of America. The stock of The Clorox Company (NYSE:CLX) has “Hold” rating given on Thursday, January 4 by Jefferies. On Thursday, May 3 the stock rating was maintained by Morgan Stanley with “Underweight”. The rating was maintained by Citigroup on Friday, May 4 with “Neutral”. Morgan Stanley maintained it with “Equal-Weight” rating and $128 target in Thursday, April 5 report.

Charter Trust Company increased Deere & Co (NYSE:DE) stake by 2,397 shares to 14,658 valued at $2.28M in 2018Q1. It also upped Aflac Inc (NYSE:AFL) stake by 10,905 shares and now owns 22,560 shares. Ishares Core U.S. Aggregate Bo (AGG) was raised too.

More notable recent The Clorox Company (NYSE:CLX) news were published by: Seekingalpha.com which released: “Clorox Can Weather Inflation” on June 18, 2018, also Twst.com with their article: “The Clorox Company: Clorox Announces Aug. 2 Webcast of Fourth-Quarter and Fiscal Year 2018 Results” published on June 28, 2018, Fool.com published: “Can Clorox’s Steady Appetite for M&A Deliver Long-Term Growth?” on June 05, 2018. More interesting news about The Clorox Company (NYSE:CLX) were released by: Fool.com and their article: “Clorox Stock and Its 41-Year Track Record of Dividend Growth” published on June 15, 2018 as well as Investorplace.com‘s news article titled: “5 Consumer Staples Stocks to Buy for Long-Term Gains” with publication date: June 13, 2018.

The Clorox Company (NYSE:CLX) Institutional Positions Chart