Church & Dwight Co., Inc. (CHD) Holdings Reduced by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL lowered its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 0.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 297,460 shares of the company’s stock after selling 1,000 shares during the quarter. Gamco Investors INC. ET AL owned 0.12% of Church & Dwight worth $17,660,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in CHD. Global Retirement Partners LLC increased its position in shares of Church & Dwight by 24.0% in the second quarter. Global Retirement Partners LLC now owns 9,124 shares of the company’s stock valued at $485,000 after buying an additional 1,765 shares in the last quarter. Glenmede Trust Co. NA increased its position in shares of Church & Dwight by 37.1% in the second quarter. Glenmede Trust Co. NA now owns 1,782,003 shares of the company’s stock valued at $94,731,000 after buying an additional 482,109 shares in the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO increased its position in shares of Church & Dwight by 51.8% in the third quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 13,041 shares of the company’s stock valued at $774,000 after buying an additional 4,450 shares in the last quarter. Centaurus Financial Inc. purchased a new position in shares of Church & Dwight in the second quarter valued at $164,000. Finally, Castleark Management LLC purchased a new position in shares of Church & Dwight in the second quarter valued at $320,000. 85.19% of the stock is owned by institutional investors.

Church & Dwight stock opened at $64.43 on Friday. The stock has a market cap of $16.71 billion, a P/E ratio of 33.21, a P/E/G ratio of 2.95 and a beta of 0.31. Church & Dwight Co., Inc. has a 52 week low of $43.96 and a 52 week high of $67.93. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.93 and a quick ratio of 0.55.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Thursday, November 1st. The company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.04. The firm had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.02 billion. Church & Dwight had a return on equity of 25.00% and a net margin of 20.25%. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.49 EPS. As a group, sell-side analysts forecast that Church & Dwight Co., Inc. will post 2.28 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 3rd. Shareholders of record on Thursday, November 15th will be issued a $0.2175 dividend. This represents a $0.87 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend is Wednesday, November 14th. Church & Dwight’s dividend payout ratio (DPR) is 44.85%.

A number of brokerages have recently weighed in on CHD. Oppenheimer raised their price target on Church & Dwight from $66.00 to $73.00 and gave the company an “outperform” rating in a research report on Thursday. Morgan Stanley raised their price target on Church & Dwight from $50.00 to $55.00 and gave the company a “sell” rating in a research report on Monday. Barclays set a $54.00 price target on Church & Dwight and gave the company a “sell” rating in a research report on Saturday, November 3rd. JPMorgan Chase & Co. raised their price target on Church & Dwight from $58.00 to $63.00 and gave the company a “neutral” rating in a research report on Friday, November 2nd. Finally, Citigroup raised their price target on Church & Dwight from $60.00 to $66.00 and gave the company a “neutral” rating in a research report on Friday, November 2nd. Five equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $58.88.

In other Church & Dwight news, Director Robert D. Leblanc sold 17,544 shares of Church & Dwight stock in a transaction dated Tuesday, August 14th. The stock was sold at an average price of $55.90, for a total value of $980,709.60. Following the completion of the sale, the director now owns 66,903 shares in the company, valued at approximately $3,739,877.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert K. Shearer sold 16,718 shares of Church & Dwight stock in a transaction dated Monday, August 20th. The shares were sold at an average price of $57.82, for a total value of $966,634.76. Following the completion of the sale, the director now owns 45,826 shares of the company’s stock, valued at approximately $2,649,659.32. The disclosure for this sale can be found here. Insiders sold a total of 650,082 shares of company stock valued at $39,909,666 in the last 90 days. 2.00% of the stock is owned by company insiders.

WARNING: This report was reported by WKRB News and is the sole property of of WKRB News. If you are viewing this report on another domain, it was illegally copied and reposted in violation of US & international trademark & copyright legislation. The legal version of this report can be accessed at https://www.wkrb13.com/2018/11/09/church-dwight-co-inc-chd-holdings-reduced-by-gamco-investors-inc-et-al.html.

About Church & Dwight

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.

See Also: Market Capitalization in the Stock Market

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:CHD).

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

Receive News & Ratings for Church & Dwight Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Church & Dwight and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply