Daiwa Securities Group Inc. Increases Stake in Church & Dwight Co., Inc. (NYSE:CHD)

Daiwa Securities Group Inc. raised its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD – Get Rating) by 2.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,912 shares of the company’s stock after purchasing an additional 437 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Church & Dwight were worth $1,137,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CHD. Deseret Mutual Benefit Administrators grew its stake in Church & Dwight by 2.8% in the 2nd quarter. Deseret Mutual Benefit Administrators now owns 4,407 shares of the company’s stock valued at $408,000 after buying an additional 122 shares in the last quarter. Assetmark Inc. grew its position in shares of Church & Dwight by 3.5% in the second quarter. Assetmark Inc. now owns 3,630 shares of the company’s stock valued at $336,000 after purchasing an additional 123 shares in the last quarter. Zions Bancorporation N.A. raised its stake in shares of Church & Dwight by 50.8% during the 2nd quarter. Zions Bancorporation N.A. now owns 389 shares of the company’s stock valued at $36,000 after purchasing an additional 131 shares during the period. Diversified Trust Co lifted its holdings in Church & Dwight by 4.9% during the 3rd quarter. Diversified Trust Co now owns 2,977 shares of the company’s stock worth $213,000 after purchasing an additional 139 shares in the last quarter. Finally, Stokes Capital Advisors LLC lifted its holdings in Church & Dwight by 1.6% during the 3rd quarter. Stokes Capital Advisors LLC now owns 9,065 shares of the company’s stock worth $648,000 after purchasing an additional 145 shares in the last quarter. Institutional investors own 80.86% of the company’s stock.

Church & Dwight Price Performance

CHD opened at $83.20 on Monday. The company has a current ratio of 1.08, a quick ratio of 0.61 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $20.29 billion, a P/E ratio of 27.83, a PEG ratio of 3.98 and a beta of 0.45. The stock has a 50-day moving average price of $80.57 and a 200-day moving average price of $81.32. Church & Dwight Co., Inc. has a 12-month low of $70.16 and a 12-month high of $105.28.

Church & Dwight (NYSE:CHD – Get Rating) last issued its earnings results on Friday, October 28th. The company reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.11. The business had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.31 billion. Church & Dwight had a return on equity of 21.23% and a net margin of 13.88%. Church & Dwight’s revenue for the quarter was up .4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.80 earnings per share. Equities analysts predict that Church & Dwight Co., Inc. will post 2.95 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 1st. Investors of record on Tuesday, November 15th were given a $0.2625 dividend. This represents a $1.05 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date of this dividend was Monday, November 14th. Church & Dwight’s payout ratio is presently 35.12%.

Analyst Ratings Changes

A number of research analysts have weighed in on CHD shares. Morgan Stanley raised Church & Dwight from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $82.00 to $91.00 in a report on Tuesday, January 17th. JPMorgan Chase & Co. upped their target price on shares of Church & Dwight from $75.00 to $81.00 and gave the stock an “underweight” rating in a report on Friday, January 13th. Evercore ISI started coverage on shares of Church & Dwight in a report on Monday, October 17th. They issued an “in-line” rating for the company. The Goldman Sachs Group decreased their price target on shares of Church & Dwight from $93.00 to $83.00 and set a “neutral” rating on the stock in a report on Monday, October 10th. Finally, Oppenheimer dropped their price objective on Church & Dwight to $85.00 in a research note on Thursday, September 29th. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $88.40.

Church & Dwight Company Profile

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Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products, and Corporate. 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.