Advisory Services Network LLC Acquires 3,114 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Advisory Services Network LLC grew its position in shares of Church & Dwight Co., Inc. (NYSE:CHDGet Rating) by 19.6% during the first quarter, Holdings Channel.com reports. The fund owned 19,018 shares of the company’s stock after purchasing an additional 3,114 shares during the quarter. Advisory Services Network LLC’s holdings in Church & Dwight were worth $1,891,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Taylor Hoffman Wealth Management boosted its holdings in Church & Dwight by 0.3% during the 1st quarter. Taylor Hoffman Wealth Management now owns 34,699 shares of the company’s stock worth $3,448,000 after acquiring an additional 111 shares during the last quarter. Veritable L.P. boosted its holdings in shares of Church & Dwight by 1.5% in the 1st quarter. Veritable L.P. now owns 7,484 shares of the company’s stock worth $744,000 after buying an additional 112 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its holdings in shares of Church & Dwight by 4.0% in the 1st quarter. GPS Wealth Strategies Group LLC now owns 3,096 shares of the company’s stock worth $308,000 after buying an additional 120 shares during the last quarter. CENTRAL TRUST Co boosted its holdings in shares of Church & Dwight by 0.7% in the 1st quarter. CENTRAL TRUST Co now owns 16,737 shares of the company’s stock worth $1,664,000 after buying an additional 120 shares during the last quarter. Finally, Koshinski Asset Management Inc. boosted its holdings in shares of Church & Dwight by 4.0% in the 1st quarter. Koshinski Asset Management Inc. now owns 3,197 shares of the company’s stock worth $318,000 after buying an additional 124 shares during the last quarter. 82.59% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Trading Down 0.6 %

Shares of CHD opened at $76.54 on Monday. The business’s 50-day moving average price is $87.74 and its 200-day moving average price is $92.60. Church & Dwight Co., Inc. has a twelve month low of $76.32 and a twelve month high of $105.28. The stock has a market cap of $18.59 billion, a PE ratio of 24.30, a P/E/G ratio of 3.82 and a beta of 0.35. The company has a quick ratio of 0.63, a current ratio of 1.01 and a debt-to-equity ratio of 0.59.

Church & Dwight (NYSE:CHDGet Rating) last posted its quarterly earnings data on Friday, July 29th. The company reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.04. The company had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.34 billion. Church & Dwight had a net margin of 14.71% and a return on equity of 21.89%. Church & Dwight’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.76 earnings per share. On average, equities analysts forecast that Church & Dwight Co., Inc. will post 2.97 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 1st. Investors of record on Monday, August 15th were given a $0.2625 dividend. This represents a $1.05 annualized dividend and a dividend yield of 1.37%. The ex-dividend date was Friday, August 12th. Church & Dwight’s dividend payout ratio (DPR) is 33.33%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on CHD shares. Wells Fargo & Company cut their price target on shares of Church & Dwight from $95.00 to $90.00 and set an “overweight” rating on the stock in a report on Wednesday, September 7th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Church & Dwight from $93.00 to $90.00 in a report on Wednesday, September 7th. Jefferies Financial Group dropped their price objective on shares of Church & Dwight from $101.00 to $98.00 and set a “buy” rating on the stock in a report on Wednesday, September 14th. Truist Financial downgraded shares of Church & Dwight from a “buy” rating to a “hold” rating in a report on Thursday, September 8th. Finally, Barclays dropped their price objective on shares of Church & Dwight from $76.00 to $73.00 and set an “underweight” rating on the stock in a report on Wednesday, September 7th. Five equities research analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $91.64.

Church & Dwight Company Profile

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Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates through three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry 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 analgesics 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; water flossers and replacement showerheads under the WATERPIK brand; FLAWLESS products; cold shortening and relief products under the ZICAM brand; and oral care products under the THERABREATH brand.

Further Reading

Want to see what other hedge funds are holding CHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Church & Dwight Co., Inc. (NYSE:CHDGet Rating).

Institutional Ownership by Quarter for Church & Dwight (NYSE:CHD)

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