Penserra Capital Management LLC Has $79,000 Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Penserra Capital Management LLC boosted its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 75.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,056 shares of the company’s stock after purchasing an additional 454 shares during the period. Penserra Capital Management LLC’s holdings in Church & Dwight were worth $79,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Meeder Asset Management Inc. bought a new stake in Church & Dwight in the 2nd quarter valued at $26,000. Shine Investment Advisory Services Inc. boosted its stake in Church & Dwight by 244.6% in the 3rd quarter. Shine Investment Advisory Services Inc. now owns 348 shares of the company’s stock worth $26,000 after purchasing an additional 247 shares during the period. Stonebridge Capital Advisors LLC acquired a new position in Church & Dwight in the 2nd quarter worth $29,000. CWM LLC increased its holdings in Church & Dwight by 71.6% during the 3rd quarter. CWM LLC now owns 405 shares of the company’s stock worth $30,000 after purchasing an additional 169 shares in the last quarter. Finally, Atwater Malick LLC bought a new position in Church & Dwight during the 3rd quarter worth about $38,000. 81.55% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE CHD opened at $69.12 on Wednesday. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.80 and a quick ratio of 0.46. The business has a 50-day moving average of $70.52 and a 200-day moving average of $74.39. The stock has a market capitalization of $17.24 billion, a price-to-earnings ratio of 30.45, a PEG ratio of 3.23 and a beta of 0.10. Church & Dwight Co., Inc. has a fifty-two week low of $59.64 and a fifty-two week high of $80.99.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.66 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.61 by $0.05. Church & Dwight had a return on equity of 24.91% and a net margin of 14.33%. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same quarter in the previous year, the firm earned $0.58 EPS. The business’s quarterly revenue was up 5.0% on a year-over-year basis. On average, sell-side analysts expect that Church & Dwight Co., Inc. will post 2.48 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were paid a $0.2275 dividend. The ex-dividend date was Thursday, November 14th. This represents a $0.91 annualized dividend and a dividend yield of 1.32%. Church & Dwight’s dividend payout ratio is presently 40.09%.

A number of analysts have recently commented on CHD shares. Stifel Nicolaus set a $70.00 price target on Church & Dwight and gave the company a “hold” rating in a report on Friday, November 1st. Bank of America upgraded Church & Dwight from a “neutral” rating to a “buy” rating and set a $83.00 price objective for the company in a report on Friday, September 27th. Barclays reissued a “sell” rating and issued a $62.00 target price on shares of Church & Dwight in a research report on Sunday, November 3rd. ValuEngine cut Church & Dwight from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, Oppenheimer set a $85.00 price target on Church & Dwight and gave the stock a “buy” rating in a research report on Friday, November 1st. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $73.47.

In other news, VP Rick Spann bought 1,000 shares of the company’s stock in a transaction dated Monday, September 16th. The shares were bought at an average cost of $72.07 per share, with a total value of $72,070.00. Following the acquisition, the vice president now owns 4,973 shares in the company, valued at $358,404.11. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Penry W. Price bought 704 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The stock was purchased at an average price of $71.01 per share, with a total value of $49,991.04. Following the completion of the purchase, the director now directly owns 20,053 shares in the company, valued at approximately $1,423,963.53. The disclosure for this purchase can be found here. Insiders purchased 9,124 shares of company stock valued at $649,798 over the last three months. 2.00% of the stock is owned by company insiders.

Church & Dwight Company Profile

Church & Dwight Co, Inc engages in the development, manufacture, and market of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, and Specialty Products. 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, nasal saline moisturizers, and dietary supplements.

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

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