Stephens Inc. AR raised its position in Church & Dwight Co., Inc. (NYSE:CHD) by 39.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,472 shares of the company’s stock after buying an additional 1,842 shares during the period. Stephens Inc. AR’s holdings in Church & Dwight were worth $325,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CHD. Thrivent Financial For Lutherans increased its holdings in Church & Dwight by 0.3% in the second quarter. Thrivent Financial For Lutherans now owns 9,410 shares of the company’s stock valued at $488,000 after buying an additional 30 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Church & Dwight by 4.2% in the second quarter. Dimensional Fund Advisors LP now owns 912,804 shares of the company’s stock valued at $47,356,000 after buying an additional 36,830 shares in the last quarter. Sterling Capital Management LLC increased its holdings in Church & Dwight by 4.0% in the second quarter. Sterling Capital Management LLC now owns 7,070 shares of the company’s stock valued at $367,000 after buying an additional 270 shares in the last quarter. Koch Industries Inc. purchased a new position in Church & Dwight in the second quarter valued at $271,000. Finally, Toronto Dominion Bank increased its holdings in Church & Dwight by 22.9% in the second quarter. Toronto Dominion Bank now owns 84,505 shares of the company’s stock valued at $4,383,000 after buying an additional 15,746 shares in the last quarter. 78.62% of the stock is owned by institutional investors.
A number of research analysts have weighed in on CHD shares. Morgan Stanley cut their price objective on shares of Church & Dwight from $49.00 to $46.00 and set an “underweight” rating for the company in a report on Friday, November 3rd. Zacks Investment Research raised shares of Church & Dwight from a “sell” rating to a “hold” rating in a report on Friday, October 20th. Societe Generale raised shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $54.00 price objective for the company in a report on Wednesday, November 29th. They noted that the move was a valuation call. Oppenheimer reaffirmed a “hold” rating on shares of Church & Dwight in a report on Wednesday, November 8th. Finally, BMO Capital Markets cut their price objective on shares of Church & Dwight from $50.00 to $45.00 and set a “market perform” rating for the company in a report on Monday, November 6th. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company. Church & Dwight has an average rating of “Hold” and an average target price of $51.40.
Shares of Church & Dwight Co., Inc. (CHD) opened at $48.64 on Wednesday. The company has a market cap of $12,153.87, a PE ratio of 16.66, a PEG ratio of 2.06 and a beta of 0.45. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.72 and a current ratio of 1.07. Church & Dwight Co., Inc. has a one year low of $43.21 and a one year high of $54.18.
Church & Dwight (NYSE:CHD) last released its earnings results on Monday, February 5th. The company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.02. The business had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1 billion. Church & Dwight had a net margin of 19.69% and a return on equity of 24.95%. The company’s quarterly revenue was up 15.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.44 earnings per share. research analysts forecast that Church & Dwight Co., Inc. will post 2.27 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Thursday, February 15th will be paid a dividend of $0.2175 per share. The ex-dividend date is Wednesday, February 14th. This represents a $0.87 dividend on an annualized basis and a dividend yield of 1.79%. This is a boost from Church & Dwight’s previous quarterly dividend of $0.19. Church & Dwight’s payout ratio is currently 26.03%.
Church & Dwight announced that its board has approved a share repurchase program on Thursday, November 2nd that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.
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Church & Dwight Company Profile
Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products. The Company’s segments include Consumer Domestic, Consumer International and Specialty Products Division (SPD). The Company also sells specialty products to industrial customers and distributors.
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