D.A. Davidson & CO. Has $5.05 Million Stock Position in Church & Dwight Co., Inc. (NYSE:CHD)

D.A. Davidson & CO. cut its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 5.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 48,683 shares of the company’s stock after selling 2,608 shares during the period. D.A. Davidson & CO.’s holdings in Church & Dwight were worth $5,047,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in Church & Dwight by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 30,265,072 shares of the company’s stock valued at $2,861,865,000 after buying an additional 354,946 shares during the period. Capital International Investors lifted its stake in shares of Church & Dwight by 1.0% in the 1st quarter. Capital International Investors now owns 9,097,575 shares of the company’s stock valued at $948,968,000 after purchasing an additional 92,862 shares during the period. Norges Bank bought a new position in shares of Church & Dwight in the 4th quarter worth $259,967,000. ProShare Advisors LLC grew its stake in shares of Church & Dwight by 1.8% during the first quarter. ProShare Advisors LLC now owns 1,783,412 shares of the company’s stock worth $186,028,000 after purchasing an additional 31,145 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Church & Dwight by 1.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,349,676 shares of the company’s stock worth $127,625,000 after purchasing an additional 25,034 shares during the period. Institutional investors own 86.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Morgan Stanley reduced their target price on Church & Dwight from $114.00 to $110.00 and set an “overweight” rating on the stock in a report on Monday, August 5th. Wells Fargo & Company reduced their price objective on shares of Church & Dwight from $116.00 to $108.00 and set an “overweight” rating on the stock in a research note on Monday, August 5th. TD Cowen assumed coverage on shares of Church & Dwight in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $116.00 target price for the company. Barclays lifted their price target on shares of Church & Dwight from $80.00 to $82.00 and gave the stock an “underweight” rating in a research report on Tuesday, August 6th. Finally, Evercore ISI lowered their price objective on shares of Church & Dwight from $110.00 to $101.00 and set an “in-line” rating for the company in a research report on Monday, August 5th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $106.58.

Church & Dwight Trading Up 1.1 %

Shares of NYSE:CHD opened at $101.88 on Tuesday. The stock has a market capitalization of $24.91 billion, a PE ratio of 32.34, a price-to-earnings-growth ratio of 3.44 and a beta of 0.52. The company’s 50-day moving average price is $102.13 and its two-hundred day moving average price is $103.80. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.53 and a quick ratio of 0.98. Church & Dwight Co., Inc. has a one year low of $82.25 and a one year high of $110.31.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings results on Friday, August 2nd. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.84 by $0.09. The firm had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.51 billion. Church & Dwight had a return on equity of 19.86% and a net margin of 13.38%. The business’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.92 earnings per share. On average, equities analysts forecast that Church & Dwight Co., Inc. will post 3.43 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 15th will be given a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date is Thursday, August 15th. Church & Dwight’s dividend payout ratio (DPR) is presently 35.87%.

Insider Transactions at Church & Dwight

In related news, EVP Maynadier Patrick D. De sold 54,654 shares of the firm’s stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $107.00, for a total value of $5,847,978.00. Following the completion of the sale, the executive vice president now directly owns 10,325 shares in the company, valued at approximately $1,104,775. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, EVP Maynadier Patrick D. De sold 54,654 shares of the stock in a transaction on Friday, June 14th. The stock was sold at an average price of $107.00, for a total value of $5,847,978.00. Following the sale, the executive vice president now owns 10,325 shares in the company, valued at approximately $1,104,775. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Barry A. Bruno sold 59,328 shares of Church & Dwight stock in a transaction on Monday, August 5th. The stock was sold at an average price of $99.37, for a total transaction of $5,895,423.36. Following the transaction, the executive vice president now directly owns 4,319 shares of the company’s stock, valued at $429,179.03. The disclosure for this sale can be found here. Insiders have sold 200,722 shares of company stock worth $20,986,416 in the last ninety days. Insiders own 2.00% of the company’s stock.

Church & Dwight Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.