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KBC Group NV significantly boosted its Clorox shares, despite the company missing earnings estimates.
KBC Group NV increased its Clorox Company (CLX) shares by 688.7% in the first quarter, bringing its total holdings to 587,679 shares worth $86.53 million.
Clorox reported a Q1 earnings per share of $1.45, missing the consensus estimate of $1.57.
Despite this, the company's market capitalization is $14.68 billion, with a P/E ratio of 21.38.
The stock's 50-day moving average is $131.21, and its 12-month price range is $117.35 to $171.37.
Analysts have set an average target price of $149.50.
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KBC Group NV aumentó significativamente sus acciones en Clorox, a pesar de que la empresa no tenía estimaciones de ganancias.