Clorox Company (CLX) Holder Jensen Investment Management Lowered Its Stake as Share Price Declined; Budros Ruhlin & Roe Increases Position in Carmax (KMX)

February 15, 2018 - By Marguerite Chambers

Jensen Investment Management Inc decreased its stake in Clorox Company (CLX) by 14.11% based on its latest 2017Q3 regulatory filing with the SEC. Jensen Investment Management Inc sold 6,000 shares as the company’s stock declined 1.16% while stock markets rallied. The institutional investor held 36,525 shares of the specialty chemicals company at the end of 2017Q3, valued at $4.82M, down from 42,525 at the end of the previous reported quarter. Jensen Investment Management Inc who had been investing in Clorox Company for a number of months, seems to be less bullish one the $16.67B market cap company. The stock increased 0.21% or $0.27 during the last trading session, reaching $128.8. About 1.02 million shares traded or 3.30% up from the average. The Clorox Company (NYSE:CLX) has risen 1.68% since February 15, 2017 and is uptrending. It has underperformed by 15.02% the S&P500.

Budros Ruhlin & Roe Inc increased its stake in Carmax Inc (KMX) by 82.82% based on its latest 2017Q3 regulatory filing with the SEC. Budros Ruhlin & Roe Inc bought 7,282 shares as the company’s stock declined 3.39% while stock markets rallied. The institutional investor held 16,075 shares of the automotive aftermarket company at the end of 2017Q3, valued at $1.22 million, up from 8,793 at the end of the previous reported quarter. Budros Ruhlin & Roe Inc who had been investing in Carmax Inc for a number of months, seems to be bullish on the $11.53B market cap company. The stock increased 0.62% or $0.39 during the last trading session, reaching $63.78. About 2.73 million shares traded or 13.16% up from the average. CarMax Inc. (NYSE:KMX) has risen 26.17% since February 15, 2017 and is uptrending. It has outperformed by 9.47% the S&P500.

Among 17 analysts covering Carmax Inc (NYSE:KMX), 7 have Buy rating, 2 Sell and 8 Hold. Therefore 41% are positive. Carmax Inc had 59 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was upgraded by Oppenheimer to “Outperform” on Tuesday, January 12. On Tuesday, January 19 the stock rating was maintained by Wedbush with “Neutral”. The stock of CarMax Inc. (NYSE:KMX) has “Buy” rating given on Friday, April 7 by IBC. The firm has “Buy” rating by Oppenheimer given on Wednesday, April 12. The company was maintained on Friday, December 22 by Wedbush. The firm earned “Outperform” rating on Monday, September 21 by Oppenheimer. The firm has “Buy” rating by RBC Capital Markets given on Thursday, December 21. The stock of CarMax Inc. (NYSE:KMX) earned “Buy” rating by Deutsche Bank on Tuesday, October 25. Wedbush maintained CarMax Inc. (NYSE:KMX) rating on Monday, September 25. Wedbush has “Buy” rating and $81.0 target. The firm has “Buy” rating given on Monday, February 12 by RBC Capital Markets.

Investors sentiment decreased to 0.9 in 2017 Q3. Its down 0.01, from 0.91 in 2017Q2. It fall, as 25 investors sold KMX shares while 163 reduced holdings. 57 funds opened positions while 112 raised stakes. 188.17 million shares or 4.44% less from 196.91 million shares in 2017Q2 were reported. Amer And holds 0.01% of its portfolio in CarMax Inc. (NYSE:KMX) for 350 shares. Pictet Asset Mngmt has invested 0.02% of its portfolio in CarMax Inc. (NYSE:KMX). Northwestern Mutual Wealth Mngmt reported 2,644 shares. Private Advisor Gru Lc owns 4,262 shares or 0.01% of their US portfolio. Nomura, a Japan-based fund reported 9,349 shares. Grp One Trading LP owns 42,029 shares. Citigroup holds 10,299 shares or 0% of its portfolio. Moreover, Mitsubishi Ufj And Banking has 0.14% invested in CarMax Inc. (NYSE:KMX). Scopus Asset LP accumulated 0.33% or 425,600 shares. Employees Retirement Of Texas holds 0.01% of its portfolio in CarMax Inc. (NYSE:KMX) for 12,000 shares. The Arizona-based Davis Selected Advisers has invested 1.31% in CarMax Inc. (NYSE:KMX). State Treasurer State Of Michigan owns 55,605 shares for 0.03% of their portfolio. 7.40 million are owned by State Street. 7,896 are held by Da Davidson. Neuberger Berman Grp Inc Lc stated it has 0.03% of its portfolio in CarMax Inc. (NYSE:KMX).

Since September 1, 2017, it had 1 buy, and 19 insider sales for $48.26 million activity. $14.84 million worth of CarMax Inc. (NYSE:KMX) was sold by Wood William C Jr. on Tuesday, September 26. Nash William D sold 100,522 shares worth $7.42 million. Newberry Darren C sold $478,064 worth of CarMax Inc. (NYSE:KMX) on Tuesday, January 16. Grubb Edgar H also sold $869,588 worth of CarMax Inc. (NYSE:KMX) on Thursday, October 5. Hill Edwin J also sold $1.89 million worth of CarMax Inc. (NYSE:KMX) on Thursday, October 12. MARGOLIN ERIC M sold 20,000 shares worth $1.44 million.

Among 16 analysts covering The Clorox Company (NYSE:CLX), 3 have Buy rating, 1 Sell and 12 Hold. Therefore 19% are positive. The Clorox Company had 51 analyst reports since August 5, 2015 according to SRatingsIntel. BMO Capital Markets maintained the stock with “Buy” rating in Friday, May 5 report. The firm has “Sell” rating given on Tuesday, November 3 by UBS. On Monday, February 5 the stock rating was maintained by Bank of America with “Neutral”. RBC Capital Markets maintained the shares of CLX in report on Tuesday, November 3 with “Sector Perform” rating. Deutsche Bank maintained the stock with “Hold” rating in Wednesday, August 5 report. The company was upgraded on Monday, January 9 by Barclays Capital. RBC Capital Markets maintained the stock with “Hold” rating in Tuesday, September 5 report. The stock has “Hold” rating by RBC Capital Markets on Friday, October 6. The firm earned “Buy” rating on Tuesday, October 3 by BMO Capital Markets. The rating was maintained by Deutsche Bank with “Hold” on Tuesday, November 3.

Since August 23, 2017, it had 0 insider purchases, and 3 sales for $2.94 million activity. 2,158 shares were sold by Willoughby Dawn C, worth $297,804 on Tuesday, August 29. Another trade for 9,223 shares valued at $1.28 million was sold by Balousek Jon M.

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By1 Marguerite Chambers

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