Two Sigma Advisers LP grew its position in Church & Dwight (NYSE:CHD) by 62.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,107,214 shares of the company’s stock after purchasing an additional 424,300 shares during the period. Two Sigma Advisers LP owned about 0.44% of Church & Dwight worth $55,549,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of CHD. Financial Enhancement Group LLC raised its holdings in shares of Church & Dwight by 1.8% during the third quarter. Financial Enhancement Group LLC now owns 149,784 shares of the company’s stock worth $7,257,000 after acquiring an additional 2,654 shares during the period. Toronto Dominion Bank raised its holdings in shares of Church & Dwight by 13.7% during the fourth quarter. Toronto Dominion Bank now owns 107,633 shares of the company’s stock worth $5,399,000 after acquiring an additional 13,000 shares during the period. Carillon Tower Advisers Inc. acquired a new stake in shares of Church & Dwight during the fourth quarter worth $3,666,000. Brown Advisory Inc. raised its holdings in shares of Church & Dwight by 4.4% during the third quarter. Brown Advisory Inc. now owns 214,972 shares of the company’s stock worth $10,416,000 after acquiring an additional 9,045 shares during the period. Finally, BTIM Corp. raised its holdings in shares of Church & Dwight by 21.6% during the fourth quarter. BTIM Corp. now owns 696,298 shares of the company’s stock worth $34,934,000 after acquiring an additional 123,600 shares during the period. Institutional investors own 83.63% of the company’s stock.
In other news, Director James Craigie sold 396,400 shares of Church & Dwight stock in a transaction dated Monday, March 5th. The shares were sold at an average price of $50.30, for a total value of $19,938,920.00. Following the completion of the transaction, the director now owns 324,517 shares of the company’s stock, valued at approximately $16,323,205.10. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Robert D. Leblanc sold 11,000 shares of Church & Dwight stock in a transaction dated Friday, March 9th. The shares were sold at an average price of $50.53, for a total transaction of $555,830.00. Following the completion of the transaction, the director now directly owns 48,935 shares of the company’s stock, valued at approximately $2,472,685.55. The disclosure for this sale can be found here. In the last three months, insiders sold 444,508 shares of company stock valued at $22,359,201. Insiders own 2.00% of the company’s stock.
A number of equities research analysts recently commented on the stock. BMO Capital Markets raised their price objective on shares of Church & Dwight from $45.00 to $47.00 and gave the stock a “hold” rating in a report on Tuesday, February 6th. Morgan Stanley raised their price objective on shares of Church & Dwight from $46.00 to $48.00 and gave the stock an “underweight” rating in a report on Wednesday, February 7th. Barclays set a $47.00 price objective on shares of Church & Dwight and gave the stock a “sell” rating in a report on Thursday, March 15th. Zacks Investment Research upgraded shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $56.00 price objective on the stock in a report on Wednesday, January 3rd. Finally, Jefferies Group restated a “buy” rating and set a $62.00 price objective on shares of Church & Dwight in a report on Thursday, January 4th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $51.57.
Church & Dwight stock opened at $49.50 on Friday. The firm has a market capitalization of $12,311.77, a P/E ratio of 25.52, a price-to-earnings-growth ratio of 2.15 and a beta of 0.39. Church & Dwight has a 1-year low of $43.21 and a 1-year high of $54.18. The company has a quick ratio of 0.72, a current ratio of 1.07 and a debt-to-equity ratio of 0.95.
Church & Dwight (NYSE:CHD) last released its earnings results on Monday, February 5th. The company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.02. Church & Dwight had a net margin of 19.69% and a return on equity of 24.95%. The business had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1 billion. During the same quarter last year, the firm earned $0.44 earnings per share. The firm’s revenue for the quarter was up 15.3% compared to the same quarter last year. research analysts anticipate that Church & Dwight will post 2.26 earnings per share for the current year.
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Church & Dwight Profile
Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. The company operates through three segments: Consumer Domestic, Consumer International, and the Specialty Products Division. It offers baking soda, cat litter, carpet deodorization, and laundry detergent products under the ARM & HAMMER brand; condoms, lubricants, and vibrators TROJAN brand; stain removers, cleaning solutions, laundry detergents, dishwashing detergents, and bleach alternatives under the OXICLEAN brand; battery-operated and manual toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesic products under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; and water flossers and replacement showerheads under the WATERPIK brand.
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