share_log

Church & Dwight Co., Inc. (NYSE:CHD) Shares Acquired by Koshinski Asset Management Inc.

Defense World ·  Sep 22, 2022 08:21

Koshinski Asset Management Inc. boosted its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD – Get Rating) by 200.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,597 shares of the company's stock after buying an additional 6,400 shares during the quarter. Koshinski Asset Management Inc.'s holdings in Church & Dwight were worth $889,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Riverview Trust Co purchased a new stake in shares of Church & Dwight in the first quarter valued at about $30,000. US Asset Management LLC purchased a new position in shares of Church & Dwight during the first quarter valued at approximately $36,000. Lansing Street Advisors purchased a new position in shares of Church & Dwight during the first quarter valued at approximately $45,000. Tcwp LLC acquired a new position in Church & Dwight during the first quarter worth approximately $46,000. Finally, City State Bank acquired a new position in Church & Dwight during the fourth quarter worth approximately $54,000. 82.59% of the stock is currently owned by institutional investors and hedge funds.

Get Church & Dwight alerts:

Insider Activity at Church & Dwight

In related news, EVP Rene Hemsey sold 5,000 shares of Church & Dwight stock in a transaction dated Friday, September 16th. The shares were sold at an average price of $76.77, for a total value of $383,850.00. Following the sale, the executive vice president now directly owns 6,259 shares in the company, valued at approximately $480,503.43. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 1.70% of the stock is currently owned by insiders.

Church & Dwight Trading Down 0.5 %

Church & Dwight stock opened at $74.69 on Thursday. The firm's 50-day moving average is $86.55 and its 200-day moving average is $92.14. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.63 and a current ratio of 1.01. Church & Dwight Co., Inc. has a 1 year low of $74.67 and a 1 year high of $105.28. The company has a market cap of $18.14 billion, a P/E ratio of 23.71, a PEG ratio of 3.75 and a beta of 0.35.

Church & Dwight (NYSE:CHD – Get Rating) last posted its quarterly earnings results on Friday, July 29th. The company reported $0.76 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.72 by $0.04. Church & Dwight had a net margin of 14.71% and a return on equity of 21.89%. The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same period last year, the firm posted $0.76 EPS. The company's revenue for the quarter was up 4.2% on a year-over-year basis. On average, equities analysts expect that Church & Dwight Co., Inc. will post 2.97 earnings per share for the current year.

Church & Dwight Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 1st. Investors of record on Monday, August 15th were given a $0.2625 dividend. The ex-dividend date was Friday, August 12th. This represents a $1.05 annualized dividend and a yield of 1.41%. Church & Dwight's dividend payout ratio is presently 33.33%.

Analyst Upgrades and Downgrades

CHD has been the subject of several research analyst reports. Wells Fargo & Company dropped their price target on shares of Church & Dwight from $95.00 to $90.00 and set an "overweight" rating for the company in a research report on Wednesday, September 7th. Royal Bank of Canada dropped their price target on shares of Church & Dwight from $94.00 to $92.00 and set a "sector perform" rating for the company in a research report on Monday, August 1st. Jefferies Financial Group lowered their price target on shares of Church & Dwight from $101.00 to $98.00 and set a "buy" rating for the company in a report on Wednesday, September 14th. Truist Financial lowered shares of Church & Dwight from a "buy" rating to a "hold" rating in a report on Thursday, September 8th. Finally, Bank of America began coverage on shares of Church & Dwight in a report on Wednesday, September 14th. They set an "underperform" rating for the company. Five research analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $91.64.

Church & Dwight Company Profile

(Get Rating)

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 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; battery-operated 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; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and replacement showerheads under the WATERPIK brand; FLAWLESS products; cold shortening and relief products under the ZICAM brand; and oral care products under the THERABREATH brand.

Featured Stories

  • Get a free copy of the StockNews.com research report on Church & Dwight (CHD)
  • The Worst May be Over for Target, But is the Stock Safe to Buy?
  • Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
  • Two Fun Stocks The Insiders Are Buying
  • Novavax Remains a Risk-On Stock in a Risk-Off Market
  • General Mills: Superior Returns With Less Volatility

Want to see what other hedge funds are holding CHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Church & Dwight Co., Inc. (NYSE:CHD – Get Rating).

Receive News & Ratings for Church & Dwight Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Church & Dwight and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment