Janus Henderson Group PLC boosted its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 3.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,335,916 shares of the company’s stock after acquiring an additional 74,070 shares during the period. Janus Henderson Group PLC owned 0.95% of Church & Dwight worth $170,662,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently bought and sold shares of CHD. Sigma Planning Corp lifted its position in Church & Dwight by 3.3% during 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 position in Church & Dwight during the first quarter valued at $214,000. Northern Trust Corp lifted its position in Church & Dwight by 2.7% during the first quarter. Northern Trust Corp now owns 2,948,593 shares of the company’s stock valued at $210,028,000 after purchasing an additional 77,370 shares during the last quarter. Flagship Harbor Advisors LLC lifted its position in Church & Dwight by 30.6% during the first quarter. Flagship Harbor Advisors LLC now owns 5,404 shares of the company’s stock valued at $384,000 after purchasing an additional 1,267 shares during the last quarter. Finally, GAM Holding AG lifted its position in Church & Dwight by 7.2% during the first quarter. GAM Holding AG now owns 191,881 shares of the company’s stock valued at $13,668,000 after purchasing an additional 12,882 shares during the last quarter. 81.68% of the stock is owned by institutional investors.
NYSE CHD traded up $0.20 during trading on Wednesday, reaching $78.63. 14,349 shares of the company’s stock traded hands, compared to its average volume of 1,539,108. 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 $19.30 billion, a price-to-earnings ratio of 34.59, a price-to-earnings-growth ratio of 3.55 and a beta of 0.18. The company has a 50 day simple moving average of $75.09. Church & Dwight Co., Inc. has a 12-month low of $54.46 and a 12-month high of $79.22.
Church & Dwight (NYSE:CHD) last posted its earnings results on Wednesday, July 31st. The company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.05. The business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.07 billion. Church & Dwight had a net margin of 14.24% and a return on equity of 24.57%. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.49 EPS. As a group, analysts predict that Church & Dwight Co., Inc. will post 2.48 earnings per share 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 given a dividend of $0.228 per share. This represents a $0.91 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date is Wednesday, August 14th. Church & Dwight’s dividend payout ratio (DPR) is 40.09%.
Several equities analysts have commented on the stock. Wells Fargo & Co reiterated a “hold” rating and set a $70.00 price objective on shares of Church & Dwight in a research report on Thursday, May 2nd. BMO Capital Markets increased 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. SunTrust Banks raised their target price on shares of Church & Dwight to $80.00 and gave the stock a “buy” rating in a report on Thursday, May 23rd. Zacks Investment Research lowered shares of Church & Dwight from a “buy” rating to a “hold” rating and set a $77.00 target price for the company. in a report on Thursday, May 30th. Finally, Stifel Nicolaus lifted their price objective on shares of Church & Dwight from $71.00 to $74.00 and gave the company a “hold” rating in a report on Thursday, August 1st. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $71.16.
In other Church & Dwight news, EVP Steven P. Cugine sold 15,540 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president now owns 30,866 shares of the company’s stock, valued at approximately $2,426,993.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert K. Shearer sold 17,544 shares of the firm’s stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of $77.00, for a total transaction of $1,350,888.00. Following the transaction, the director now directly owns 46,652 shares in the company, valued at approximately $3,592,204. The disclosure for this sale can be found here. Insiders have sold a total of 71,344 shares of company stock worth $5,415,046 in the last three months. 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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