Church & Dwight Co., Inc. (NYSE:CHD) EVP Steven P. Cugine sold 15,540 shares of the stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $78.63, for a total value of $1,221,910.20. Following the sale, the executive vice president now owns 30,866 shares of the company’s stock, valued at approximately $2,426,993.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
NYSE CHD traded down $0.34 during trading on Tuesday, hitting $76.95. 520,505 shares of the stock traded hands, compared to its average volume of 1,267,878. The stock has a market capitalization of $19.20 billion, a PE ratio of 33.90, a P/E/G ratio of 3.67 and a beta of 0.25. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.81 and a quick ratio of 0.45. Church & Dwight Co., Inc. has a 12-month low of $48.08 and a 12-month high of $79.22.
Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Thursday, May 2nd. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.04. The business had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.04 billion. Church & Dwight had a return on equity of 24.62% and a net margin of 14.02%. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period last year, the company earned $0.63 EPS. On average, analysts anticipate that Church & Dwight Co., Inc. will post 2.48 EPS for the current fiscal year.
Several research firms recently issued reports on CHD. Zacks Investment Research upgraded Church & Dwight from a “sell” rating to a “hold” rating in a research report on Thursday, March 28th. SunTrust Banks raised their price target on Church & Dwight to $80.00 and gave the company a “buy” rating in a report on Thursday, May 23rd. Wells Fargo & Co restated a “hold” rating and set a $70.00 price target on shares of Church & Dwight in a report on Thursday, May 2nd. Citigroup cut 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, Oppenheimer raised their price target on Church & Dwight from $73.00 to $82.00 and gave the company an “outperform” rating in a report on Monday, April 15th. Two research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $67.94.
Several large investors have recently bought and sold shares of CHD. Oregon Public Employees Retirement Fund lifted 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 valued at $64,000 after purchasing an additional 4,157,484 shares during the last quarter. Norges Bank bought a new stake in shares of Church & Dwight in the 4th quarter valued at approximately $110,532,000. Janus Henderson Group PLC lifted its stake in shares of Church & Dwight by 95.5% in the 1st quarter. Janus Henderson Group PLC now owns 2,261,846 shares of the company’s stock valued at $161,112,000 after purchasing an additional 1,105,055 shares during the last quarter. BlackRock Inc. lifted its stake in shares of Church & Dwight by 5.6% in the 4th quarter. BlackRock Inc. now owns 20,229,813 shares of the company’s stock valued at $1,330,311,000 after purchasing an additional 1,071,381 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in shares of Church & Dwight by 70.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,640,801 shares of the company’s stock valued at $116,874,000 after purchasing an additional 677,488 shares during the last quarter. 82.11% of the stock is owned by institutional investors and hedge funds.
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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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