Church & Dwight Co., Inc. (NYSE:CHD – Get Rating) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totaling 2,990,000 shares, a drop of 12.6% from the November 30th total of 3,420,000 shares. Based on an average trading volume of 1,590,000 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.2% of the company’s stock are sold short.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Morgan Stanley raised shares of Church & Dwight from an “underweight” rating to an “equal weight” rating and set a $82.00 price objective on the stock in a research report on Monday, October 17th. Royal Bank of Canada dropped their price target on shares of Church & Dwight from $90.00 to $85.00 and set a “sector perform” rating on the stock in a research report on Monday, October 31st. The Goldman Sachs Group dropped their price target on shares of Church & Dwight from $93.00 to $83.00 and set a “neutral” rating on the stock in a research report on Monday, October 10th. Jefferies Financial Group dropped their price target on shares of Church & Dwight from $101.00 to $98.00 and set a “buy” rating on the stock in a research report on Wednesday, September 14th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Church & Dwight from $80.00 to $72.00 and set an “underweight” rating on the stock in a research repo rt on Thursday, October 13th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of ” Hold” and an average price target of $86.00.

Church & Dwight Trading Down 1.2%

Shares of Church & Dwight stock opened at $80.61 on Monday. The firm has a market capitalization of $19.66 billion, a PE ratio of 26.96, a price-to-earnings-growth ratio of 4.05 and a beta of 0.45. The company has a debt -to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 0.61. The company’s fifty day moving average price is $78.13 and its two-hundred day moving average price is $82.14. Church & Dwight has a 52-week low of $70.16 and a 52-week high of $105.28.

Church & Dwight (NYSE:CHD – Get Rating) last announced its quarterly earnings results on Friday, October 28th. The company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.11. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.31 billion. Church & Dwight had a net margin of 13.88% and a return on equity of 21.23%. The business’s revenue for the quarter was up .4% on a year-over -year basis. During the same quarter in the previous year, the firm posted $0.80 EPS. On average, analysts expect that Church & Dwight will post 2.95 EPS for the current year.

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 1st. Stockholders of record on Tuesday, November 15th were issued a $0.2625 dividend. This represents a $1.05 annualized dividend and a dividend ex 30% yield of end. The 1. date of this dividend was Monday, November 14th. Church & Dwight’s payout ratio is 35.12%.

Institutional Investors Weigh In On Church & Dwight

Large investors have recently made changes to their positions in the company. SeaCrest Wealth Management LLC bought a new stake in shares of Church & Dwight in the 2nd quarter worth about $30,000. Zions Bancorporation NA grew its holdings in Church & Dwight by 50.8% during the 2nd quarter. Zions Bancorporation NA now owns 389 shares of the company’s stock worth $36,000 after acquiring an additional 131 shares during the last quarter. Heritage Wealth Advisors grew its holdings in Church & Dwight by 171.2% Writnower during the 2nd age Advisers. 396 shares of the company’s stock worth $37,000 after acquiring an additional 250 shares during the last quarter. Pin Oak Investment Advisors Inc. bought a new stake in Church & Dwight during the 2nd quarter worth about $37,000. new stake in Church & Dwight during the 3rd quarter worth about $30,000. Institutional investors own 80.86% of the company’s stock.

About Church & Dwight

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Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates through three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry deodor 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 ter-operated brand; and manual 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; VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and replacement showerheads under the WATERPIK brand; FLAWLESS produce ts; cold shortening and relief products under the ZICAM brand; and oral care products under the THERABREATH brand.

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