Russell Investments Group Ltd. lowered its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD – Get Rating) by 2.3% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 307,983 shares of the company’s stock after selling 7,109 shares during the period. Russell Investments Group Ltd. owned approximately 0.13% of Church & Dwight worth $22,225,000 at the end of the most recent reporting period.

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A number of other hedge funds have also recently made changes to their positions in CHD. SeaCrest Wealth Management LLC purchased a new position in shares of Church & Dwight during the 2nd quarter worth approximately $30,000. Zions Bancorporation NA lifted its holdings in Church & Dwight 50.8% during the 2nd quarter. Zions Bancorporation NA now owns 389 shares of the company’s stock worth $36,000 after buying an additional 131 shares in the last quarter. Heritage Wealth Advisors lifted its holdings in Church & Dwight by 171.2% dwight Wealth Advisors now owns 396 shares of the company’s stock worth $37,000 after buying an additional 250 shares in the last quarter. Pin Oak Investment Advisors Inc. acquired a new stake in Church & Dwight during the 2nd quarter worth approximately $37,00 acquired a new stake in Church & Dwight during the 3rd quarter worth approximately $43,000. Hedge funds and other institutional investors own 80 .86% of the company’s stock.

Church & Dwight Price Performance

Shares of NYSE: CHD opened at $81.29 on Friday. Church & Dwight Co., Inc. has a 12 month low of $70.16 and a 12 month high of $105.28. 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 firm has a market capitalization of $19.82 billion, a P/E ratio of 27.19, a P/E/G ratio of 3.93 and a beta of 0.45. The company’s fifty day moving average price is $81.15 and its 200 day moving average price is $81.16.

Church & Dwight (NYSE:CHD – Get Rating) last issued its quarterly earnings data on Friday, October 28th. The company reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.11. Church & Dwight had a net margin of 13.88% and a return on equity of 21.23%. The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same period last year, the firm posted $0.80 EPS. Church & Dwight’s revenue for the quarter was up .4% on a year-over-year basis. As a group, sell-side analysts predict that Church & Dwight Co., Inc. will post 2.95 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Evercore ISI assumed coverage on shares of Church & Dwight in a report on Monday, October 17th. They set an “in-line” rating on the stock. Deutsche Bank Aktiengesellschaft increased their target price on shares of Church & Dwight from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, December 6th. The Goldman Sachs Group reduced their price objective on shares of Church & Dwight from $93.00 to $83.00 and set a “neutral” rating on the stock in a report on Monday, October 10th. Royal Bank of Canada reduced their price objective on shares of Church & Dwight from $90.00 to $85.00 and set a “sector perform” rating on the stock in a report on Monday, October 31st. Finally, Wells Fargo & Company raised their price objective on shares of Church & Dwight from $82.00 to $90.00 and gave the company an “overweight” rating in a report on Tuesday, January 3rd. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Church & Dwight presently has an average rating of “Hold” and a consensus target price of $88.93.

Church & Dwight Company Profile

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Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products, and Corporate. 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, nasals and pletups, moisturizers.

Further Reading

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