Strategic Financial Services Inc increased its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 0.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,536 shares of the company’s stock after acquiring an additional 145 shares during the quarter. Strategic Financial Services Inc’s holdings in Church & Dwight were worth $2,531,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also modified their holdings of CHD. Oregon Public Employees Retirement Fund increased its stake in shares of Church & Dwight by 15,536.8% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 4,184,243 shares of the company’s stock worth $64,000 after acquiring an additional 4,157,484 shares in the last quarter. Morgan Stanley boosted its holdings in shares of Church & Dwight by 425.0% during the 3rd quarter. Morgan Stanley now owns 4,795,962 shares of the company’s stock valued at $284,736,000 after acquiring an additional 3,882,426 shares during the last quarter. Norges Bank purchased a new stake in shares of Church & Dwight during the 4th quarter valued at about $110,532,000. BlackRock Inc. boosted its holdings in shares of Church & Dwight by 5.6% during the 4th quarter. BlackRock Inc. now owns 20,229,813 shares of the company’s stock valued at $1,330,311,000 after acquiring an additional 1,071,381 shares during the last quarter. Finally, APG Asset Management N.V. boosted its holdings in shares of Church & Dwight by 559.2% during the 4th quarter. APG Asset Management N.V. now owns 711,182 shares of the company’s stock valued at $40,911,000 after acquiring an additional 603,300 shares during the last quarter. Institutional investors own 82.51% of the company’s stock.
A number of analysts have recently issued reports on CHD shares. Zacks Investment Research downgraded shares of Church & Dwight from a “buy” rating to a “hold” rating in a report on Thursday, January 3rd. Goldman Sachs Group raised shares of Church & Dwight from a “sell” rating to a “neutral” rating and set a $61.00 price target on the stock in a report on Tuesday, February 5th. Deutsche Bank raised shares of Church & Dwight from a “sell” rating to a “hold” rating and set a $60.46 price target on the stock in a report on Wednesday, February 6th. Morgan Stanley raised shares of Church & Dwight from an “underweight” rating to an “equal weight” rating in a report on Wednesday, February 6th. Finally, Oppenheimer reissued an “outperform” rating and issued a $73.00 price objective on shares of Church & Dwight in a report on Wednesday, February 6th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $66.85.
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 firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the previous year, the business posted $0.52 EPS. Church & Dwight’s revenue was up 4.0% on a year-over-year basis. As a group, analysts expect that Church & Dwight Co., Inc. will post 2.47 earnings per share for the current year.
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Church & Dwight Company 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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