Elwood & Goetz Wealth Advisory Group LLC Takes Position in Church & Dwight Co., Inc. (NYSE:CHD)

Elwood & Goetz Wealth Advisory Group LLC acquired a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,509 shares of the company’s stock, valued at approximately $367,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of CHD. CANADA LIFE ASSURANCE Co boosted its holdings in shares of Church & Dwight by 13.1% during the first quarter. CANADA LIFE ASSURANCE Co now owns 342,699 shares of the company’s stock valued at $35,755,000 after acquiring an additional 39,695 shares during the period. Russell Investments Group Ltd. boosted its stake in Church & Dwight by 12.8% during the 1st quarter. Russell Investments Group Ltd. now owns 208,997 shares of the company’s stock valued at $21,798,000 after purchasing an additional 23,754 shares during the period. Wellington Management Group LLP grew its position in Church & Dwight by 189.4% in the 4th quarter. Wellington Management Group LLP now owns 80,332 shares of the company’s stock worth $7,596,000 after purchasing an additional 52,576 shares during the last quarter. Assenagon Asset Management S.A. increased its stake in shares of Church & Dwight by 74.6% in the second quarter. Assenagon Asset Management S.A. now owns 67,823 shares of the company’s stock valued at $7,032,000 after purchasing an additional 28,986 shares during the period. Finally, Mizuho Markets Americas LLC raised its holdings in shares of Church & Dwight by 117.1% during the first quarter. Mizuho Markets Americas LLC now owns 107,206 shares of the company’s stock valued at $11,183,000 after buying an additional 57,817 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Stock Down 1.7 %

Shares of Church & Dwight stock opened at $100.84 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.53 and a debt-to-equity ratio of 0.51. Church & Dwight Co., Inc. has a 12-month low of $82.25 and a 12-month high of $110.31. The firm has a market capitalization of $24.69 billion, a PE ratio of 31.03, a price-to-earnings-growth ratio of 3.80 and a beta of 0.54. The stock’s fifty day moving average is $102.92 and its 200-day moving average is $104.04.

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

Church & Dwight Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th were paid a dividend of $0.2838 per share. This represents a $1.14 annualized dividend and a yield of 1.13%. The ex-dividend date was Thursday, August 15th. Church & Dwight’s dividend payout ratio (DPR) is currently 34.77%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Barclays increased their price objective on Church & Dwight from $82.00 to $86.00 and gave the stock an “underweight” rating in a report on Friday, October 11th. Evercore ISI lowered their price target on Church & Dwight from $110.00 to $101.00 and set an “in-line” rating on the stock in a report on Monday, August 5th. Morgan Stanley downgraded shares of Church & Dwight from an “overweight” rating to an “equal weight” rating and set a $110.00 price objective for the company. in a report on Monday, September 9th. TD Cowen started coverage on shares of Church & Dwight in a research note on Tuesday, July 23rd. They set a “buy” rating and a $116.00 target price on the stock. Finally, Stifel Nicolaus reduced their price target on shares of Church & Dwight from $107.00 to $105.00 and set a “hold” rating for the company in a research note on Monday, August 5th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $107.50.

Insider Activity

In other news, 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 owns 4,319 shares in the company, valued at approximately $429,179.03. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate 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.