Victory Capital Management Inc. Purchases 59,923 Shares of The Clorox Company $CLX

Victory Capital Management Inc. increased its stake in The Clorox Company by 24.5% in the third quarter, acquiring an additional 59,923 shares and bringing its total holdings to 304,147 shares valued at $37.5 million. Other institutional investors have also adjusted their positions in Clorox, with hedge funds and institutional investors owning 78.53% of the stock. Analysts have given mixed ratings, with an average target price of $118.73, and the company recently announced a quarterly dividend of $1.24 per share.