Cohen Lawrence B decreased its position in Church & Dwight Co., Inc. (NYSE:CHD) by 6.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,905 shares of the company’s stock after selling 475 shares during the quarter. Cohen Lawrence B’s holdings in Church & Dwight were worth $504,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CHD. 6 Meridian grew its holdings in Church & Dwight by 1.9% during the second quarter. 6 Meridian now owns 7,214 shares of the company’s stock worth $527,000 after purchasing an additional 136 shares during the period. West Oak Capital LLC grew its holdings in Church & Dwight by 11.9% during the second quarter. West Oak Capital LLC now owns 1,317 shares of the company’s stock worth $96,000 after purchasing an additional 140 shares during the period. Strategic Financial Services Inc grew its holdings in Church & Dwight by 0.4% during the first quarter. Strategic Financial Services Inc now owns 35,536 shares of the company’s stock worth $2,531,000 after purchasing an additional 145 shares during the period. Patten Group Inc. grew its holdings in Church & Dwight by 4.9% during the first quarter. Patten Group Inc. now owns 3,204 shares of the company’s stock worth $228,000 after purchasing an additional 150 shares during the period. Finally, Tompkins Financial Corp grew its holdings in Church & Dwight by 3.5% during the first quarter. Tompkins Financial Corp now owns 4,937 shares of the company’s stock worth $293,000 after purchasing an additional 169 shares during the period. 81.68% of the stock is currently owned by hedge funds and other institutional investors.
CHD has been the subject of a number of research analyst reports. Citigroup cut Church & Dwight from a “neutral” rating to a “sell” rating and set a $73.80 price target for the company. in a report on Thursday, May 2nd. Stifel Nicolaus boosted their price objective on shares of Church & Dwight from $71.00 to $74.00 and gave the company a “hold” rating in a research report on Thursday, August 1st. BMO Capital Markets boosted their price objective on shares of Church & Dwight to $75.00 and gave the company a “market perform” rating in a research report on Friday, May 3rd. Zacks Investment Research downgraded shares of Church & Dwight from a “buy” rating to a “hold” rating and set a $77.00 price objective for the company. in a research report on Thursday, May 30th. Finally, Wells Fargo & Co restated a “hold” rating and set a $70.00 price objective on shares of Church & Dwight in a research report on Thursday, May 2nd. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company. Church & Dwight currently has a consensus rating of “Hold” and an average price target of $71.16.
Church & Dwight stock opened at $78.43 on Wednesday. The firm’s fifty day moving average is $75.09. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.44 and a current ratio of 0.78. The stock has a market cap of $19.17 billion, a PE ratio of 34.55, a P/E/G ratio of 3.55 and a beta of 0.18. Church & Dwight Co., Inc. has a fifty-two week low of $54.46 and a fifty-two week high of $79.22.
Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $0.57 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.52 by $0.05. The firm had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Church & Dwight had a net margin of 14.24% and a return on equity of 24.57%. The business’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the company posted $0.49 EPS. On average, equities research analysts forecast that Church & Dwight Co., Inc. will post 2.48 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 15th will be given a dividend of $0.228 per share. This represents a $0.91 annualized dividend and a dividend yield of 1.16%. The ex-dividend date is Wednesday, August 14th. Church & Dwight’s dividend payout ratio (DPR) is currently 40.09%.
Church & Dwight Company Profile
Church & Dwight Co, Inc engages in the development, manufacture, and market of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, and Specialty Products. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products; and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.
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