Amalgamated Bank Cuts Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Amalgamated Bank lowered its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 2.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,091 shares of the company’s stock after selling 964 shares during the period. Amalgamated Bank’s holdings in Church & Dwight were worth $2,308,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Patriot Financial Group Insurance Agency LLC increased its stake in Church & Dwight by 27.2% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 735 shares of the company’s stock worth $48,000 after buying an additional 157 shares during the period. HCR Wealth Advisors grew its holdings in Church & Dwight by 1.4% during the 4th quarter. HCR Wealth Advisors now owns 12,385 shares of the company’s stock worth $814,000 after acquiring an additional 170 shares in the last quarter. Stratos Wealth Partners LTD. grew its holdings in Church & Dwight by 6.4% during the 4th quarter. Stratos Wealth Partners LTD. now owns 4,028 shares of the company’s stock worth $265,000 after acquiring an additional 243 shares in the last quarter. LVM Capital Management Ltd. MI grew its holdings in Church & Dwight by 7.0% during the 4th quarter. LVM Capital Management Ltd. MI now owns 3,986 shares of the company’s stock worth $262,000 after acquiring an additional 260 shares in the last quarter. Finally, Albert D Mason Inc. grew its holdings in Church & Dwight by 2.3% during the 4th quarter. Albert D Mason Inc. now owns 12,037 shares of the company’s stock worth $792,000 after acquiring an additional 275 shares in the last quarter. 82.51% of the stock is currently owned by institutional investors.

Shares of NYSE CHD traded up $0.18 during midday trading on Friday, reaching $73.83. The company’s stock had a trading volume of 1,356,020 shares, compared to its average volume of 1,489,837. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.81 and a quick ratio of 0.52. Church & Dwight Co., Inc. has a one year low of $44.87 and a one year high of $74.49. The company has a market capitalization of $18.16 billion, a P/E ratio of 32.52, a PEG ratio of 3.56 and a beta of 0.23.

Church & Dwight (NYSE:CHD) last released its earnings results on Tuesday, February 5th. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.01). Church & Dwight had a return on equity of 24.80% and a net margin of 13.72%. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the previous year, the firm earned $0.52 earnings per share. The firm’s revenue for the quarter was up 4.0% compared to the same quarter last year. On average, analysts anticipate that Church & Dwight Co., Inc. will post 2.47 earnings per share for the current year.

Several brokerages have weighed in on CHD. Jefferies Financial Group raised their price objective on shares of Church & Dwight from $74.00 to $83.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. Deutsche Bank lifted their price target on shares of Church & Dwight from $64.00 to $67.00 and gave the company a “hold” rating in a report on Friday, March 29th. Barclays reaffirmed a “sell” rating and issued a $56.00 price target on shares of Church & Dwight in a report on Thursday, February 7th. Macquarie boosted their target price on shares of Church & Dwight from $72.00 to $80.00 and gave the company an “outperform” rating in a research note on Friday, March 29th. Finally, Wells Fargo & Co reissued a “hold” rating and set a $62.00 target price on shares of Church & Dwight in a research note on Thursday, February 21st. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $66.85.

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About Church & Dwight

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

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