Church & Dwight Co., Inc. (CHD) Holdings Trimmed by Toth Financial Advisory Corp
Toth Financial Advisory Corp cut its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 3.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 57,490 shares of the company’s stock after selling 2,318 shares during the period. Toth Financial Advisory Corp’s holdings in Church & Dwight were worth $4,095,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also bought and sold shares of the company. Cordasco Financial Network bought a new stake in shares of Church & Dwight in the first quarter valued at about $28,000. Pinnacle Bank bought a new stake in shares of Church & Dwight in the fourth quarter valued at about $33,000. Berman Capital Advisors LLC bought a new stake in shares of Church & Dwight in the fourth quarter valued at about $34,000. Financial Gravity Companies Inc. bought a new stake in shares of Church & Dwight in the fourth quarter valued at about $47,000. Finally, Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of Church & Dwight by 27.2% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 735 shares of the company’s stock valued at $48,000 after purchasing an additional 157 shares in the last quarter. Hedge funds and other institutional investors own 82.50% of the company’s stock.
A number of analysts have recently commented on CHD shares. Zacks Investment Research upgraded Church & Dwight from a “sell” rating to a “hold” rating in a report on Thursday, March 28th. Credit Suisse Group started coverage on Church & Dwight in a report on Wednesday, March 6th. They set a “neutral” rating and a $65.00 target price on the stock. Morgan Stanley set a $58.00 target price on Church & Dwight and gave the stock a “sell” rating in a report on Thursday, December 20th. Barclays reiterated a “sell” rating and set a $56.00 target price on shares of Church & Dwight in a report on Thursday, February 7th. Finally, Deutsche Bank upgraded Church & Dwight from a “sell” rating to a “hold” rating and set a $60.46 target price on the stock in a report on Wednesday, February 6th. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the company’s stock. Church & Dwight has a consensus rating of “Hold” and an average target price of $66.85.
Church & Dwight (NYSE:CHD) last released its earnings results on Tuesday, February 5th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.01). The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.07 billion. Church & Dwight had a return on equity of 24.80% and a net margin of 13.72%. The business’s revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.52 EPS. On average, research analysts forecast that Church & Dwight Co., Inc. will post 2.46 earnings per share for the current year.
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 baking soda, cat litter, carpet deodorization, and laundry detergent under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergent, and bleach alternatives under the OXICLEAN brand; battery-operated and manual toothbrushes under the SPINBRUSH; and home pregnancy and ovulation test kits under the FIRST RESPONSE brand.
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