Trust Co. of Vermont cut its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 1.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 95,165 shares of the company’s stock after selling 1,136 shares during the quarter. Trust Co. of Vermont’s holdings in Church & Dwight were worth $6,953,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the business. 6 Meridian increased its stake in Church & Dwight by 1.9% during the second quarter. 6 Meridian now owns 7,214 shares of the company’s stock worth $527,000 after acquiring an additional 136 shares during the last quarter. West Oak Capital LLC grew its stake in shares of Church & Dwight by 11.9% in the second quarter. West Oak Capital LLC now owns 1,317 shares of the company’s stock valued at $96,000 after buying an additional 140 shares in the last quarter. Strategic Financial Services Inc grew its stake in shares of Church & Dwight by 0.4% in the first quarter. Strategic Financial Services Inc now owns 35,536 shares of the company’s stock valued at $2,531,000 after buying an additional 145 shares in the last quarter. Patten Group Inc. grew its stake in shares of Church & Dwight by 4.9% in the first quarter. Patten Group Inc. now owns 3,204 shares of the company’s stock valued at $228,000 after buying an additional 150 shares in the last quarter. Finally, Tompkins Financial Corp grew its stake in shares of Church & Dwight by 3.5% in the first quarter. Tompkins Financial Corp now owns 4,937 shares of the company’s stock valued at $293,000 after buying an additional 169 shares in the last quarter. Institutional investors own 82.40% of the company’s stock.
A number of research firms have recently issued reports on CHD. SunTrust Banks increased their target price on Church & Dwight to $80.00 and gave the company a “buy” rating in a research note on Thursday, May 23rd. Jefferies Financial Group increased their target price on Church & Dwight from $74.00 to $83.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Wells Fargo & Co reiterated a “hold” rating and issued a $70.00 target price on shares of Church & Dwight in a research note on Thursday, May 2nd. Citigroup downgraded Church & Dwight from a “neutral” rating to a “sell” rating and set a $73.80 price target for the company. in a report on Thursday, May 2nd. Finally, BMO Capital Markets increased their price target on Church & Dwight to $75.00 and gave the company a “market perform” rating in a report on Friday, May 3rd. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $70.21.
NYSE:CHD traded up $0.70 during trading hours on Tuesday, reaching $74.84. 909,087 shares of the stock were exchanged, compared to its average volume of 1,214,747. The company has a quick ratio of 0.44, a current ratio of 0.78 and a debt-to-equity ratio of 0.69. The company’s 50 day moving average is $75.02. Church & Dwight Co., Inc. has a 52 week low of $54.46 and a 52 week high of $79.22. The firm has a market cap of $18.32 billion, a PE ratio of 32.97, a P/E/G ratio of 3.44 and a beta of 0.18.
Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Wednesday, July 31st. The company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 24.57% and a net margin of 14.24%. The business’s revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the business posted $0.49 EPS. Research analysts predict that Church & Dwight Co., Inc. will post 2.48 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th will be issued a $0.228 dividend. This represents a $0.91 annualized dividend and a dividend yield of 1.22%. The ex-dividend date of this dividend is Wednesday, August 14th. Church & Dwight’s dividend payout ratio (DPR) is 40.09%.
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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