Private Advisory Group LLC decreased its position in Church & Dwight Co., Inc. (NYSE:CHD) by 3.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,219 shares of the company’s stock after selling 197 shares during the quarter. Private Advisory Group LLC’s holdings in Church & Dwight were worth $454,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Sigma Planning Corp grew its position in shares of Church & Dwight by 3.3% in the first quarter. Sigma Planning Corp now owns 8,425 shares of the company’s stock valued at $600,000 after purchasing an additional 271 shares during the last quarter. Moreno Evelyn V bought a new stake in shares of Church & Dwight in the first quarter valued at approximately $214,000. Northern Trust Corp boosted its stake in shares of Church & Dwight by 2.7% in the first quarter. Northern Trust Corp now owns 2,948,593 shares of the company’s stock valued at $210,028,000 after buying an additional 77,370 shares during the period. Flagship Harbor Advisors LLC boosted its stake in shares of Church & Dwight by 30.6% in the first quarter. Flagship Harbor Advisors LLC now owns 5,404 shares of the company’s stock valued at $384,000 after buying an additional 1,267 shares during the period. Finally, GAM Holding AG boosted its stake in shares of Church & Dwight by 7.2% in the first quarter. GAM Holding AG now owns 191,881 shares of the company’s stock valued at $13,668,000 after buying an additional 12,882 shares during the period. 82.40% of the stock is currently owned by institutional investors.
Several equities research analysts recently issued reports on the company. Zacks Investment Research cut Church & Dwight from a “buy” rating to a “hold” rating and set a $77.00 price target for the company. in a research note on Thursday, May 30th. Citigroup cut Church & Dwight from a “neutral” rating to a “sell” rating and set a $73.80 price target for the company. in a research note on Thursday, May 2nd. BMO Capital Markets boosted their price target on Church & Dwight to $75.00 and gave the company a “market perform” rating in a research note on Friday, May 3rd. SunTrust Banks boosted their price target on Church & Dwight to $80.00 and gave the company a “buy” rating in a research note on Thursday, May 23rd. Finally, Atlantic Securities cut Church & Dwight from an “overweight” rating to a “neutral” rating in a research note on Monday, May 13th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $70.21.
NYSE CHD traded up $0.28 on Monday, hitting $74.60. 60,078 shares of the company’s stock were exchanged, compared to its average volume of 1,189,455. The business has a 50-day moving average price of $75.18. The company has a current ratio of 0.78, a quick ratio of 0.45 and a debt-to-equity ratio of 0.69. Church & Dwight Co., Inc. has a 52 week low of $54.46 and a 52 week high of $79.22. The company has a market cap of $18.36 billion, a PE ratio of 32.88, a price-to-earnings-growth ratio of 3.47 and a beta of 0.18.
Church & Dwight (NYSE:CHD) last released its earnings results on Wednesday, July 31st. The company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.05. Church & Dwight had a return on equity of 24.57% and a net margin of 14.24%. The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the prior year, the company earned $0.49 earnings per share. The company’s quarterly revenue was up 5.0% on a year-over-year basis. On average, equities research analysts anticipate that Church & Dwight Co., Inc. will post 2.48 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th will be paid a dividend of $0.228 per share. This represents a $0.91 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Wednesday, August 14th. Church & Dwight’s payout ratio is presently 40.09%.
In other news, EVP Steven P. Cugine sold 15,540 shares of the company’s stock in a transaction on Friday, June 7th. The shares were sold at an average price of $78.63, for a total transaction of $1,221,910.20. Following the completion of the transaction, the executive vice president now directly owns 30,866 shares in the company, valued at $2,426,993.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Bradley C. Irwin sold 13,172 shares of the company’s stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $72.58, for a total transaction of $956,023.76. Following the transaction, the director now owns 49,898 shares of the company’s stock, valued at $3,621,596.84. The disclosure for this sale can be found here. Insiders have sold 84,516 shares of company stock valued at $6,371,070 over the last 90 days. Corporate insiders own 2.00% of the company’s stock.
Church & Dwight 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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