Westside Investment Management Inc. purchased a new stake in shares of Church & Dwight Company, Inc. (NYSE:CHD) during the first quarter, Holdings Channel reports. The firm purchased 3,000 shares of the company’s stock, valued at approximately $149,000.

Other institutional investors also recently bought and sold shares of the company. Boston Financial Mangement LLC raised its position in Church & Dwight Company by 1.4% in the first quarter. Boston Financial Mangement LLC now owns 4,970 shares of the company’s stock valued at $248,000 after buying an additional 70 shares during the last quarter. Waratah Capital Advisors Ltd. bought a new position in Church & Dwight Company during the first quarter valued at $10,601,000. Citizens Financial Group Inc. RI raised its position in Church & Dwight Company by 6,482.9% in the first quarter. Citizens Financial Group Inc. RI now owns 151,406 shares of the company’s stock valued at $7,551,000 after buying an additional 149,106 shares during the last quarter. Stratos Wealth Partners LTD. raised its position in Church & Dwight Company by 24.8% in the first quarter. Stratos Wealth Partners LTD. now owns 6,328 shares of the company’s stock valued at $316,000 after buying an additional 1,257 shares during the last quarter. Finally, TLP Group LLC bought a new position in Church & Dwight Company during the first quarter valued at $384,000. Institutional investors own 83.20% of the company’s stock.

Institutional Ownership by Quarter for Church & Dwight Company (NYSE:CHD)

Shares of Church & Dwight Company, Inc. (CHD) traded down 0.65% during trading on Friday, reaching $53.20. 3,879,836 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $51.17 and a 200 day moving average price of $48.38. The firm has a market cap of $13.26 billion, a price-to-earnings ratio of 29.07 and a beta of 0.57. Church & Dwight Company, Inc. has a 12 month low of $42.56 and a 12 month high of $53.76.

Church & Dwight Company (NYSE:CHD) last released its quarterly earnings results on Thursday, May 4th. The company reported $0.52 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.06. Church & Dwight Company had a net margin of 13.56% and a return on equity of 24.11%. The firm had revenue of $877.20 million during the quarter, compared to analyst estimates of $869.06 million. During the same quarter in the prior year, the firm earned $0.43 EPS. The business’s revenue for the quarter was up 3.3% compared to the same quarter last year. On average, analysts forecast that Church & Dwight Company, Inc. will post $1.93 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 1st. Stockholders of record on Tuesday, May 16th were given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.43%. The ex-dividend date of this dividend was Friday, May 12th. Church & Dwight Company’s payout ratio is currently 41.64%.

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Several research firms recently weighed in on CHD. Jefferies Group LLC restated a “buy” rating and set a $59.00 price target on shares of Church & Dwight Company in a research report on Tuesday. Zacks Investment Research upgraded shares of Church & Dwight Company from a “hold” rating to a “buy” rating and set a $59.00 price target for the company in a research report on Wednesday, June 7th. Morgan Stanley lowered shares of Church & Dwight Company from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, May 16th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a $45.00 price target on shares of Church & Dwight Company in a research report on Monday, May 15th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $50.07.

Church & Dwight Company Company Profile

Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products. The Company’s segments include Consumer Domestic, Consumer International and Specialty Products Division (SPD). The Company also sells specialty products to industrial customers and distributors.

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