Carnick & Kubik Group LLC trimmed its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 3.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,544 shares of the company’s stock after selling 681 shares during the period. Carnick & Kubik Group LLC’s holdings in Church & Dwight were worth $1,417,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CHD. Vanguard Group Inc boosted its position in shares of Church & Dwight by 0.7% during the 3rd quarter. Vanguard Group Inc now owns 27,786,142 shares of the company’s stock valued at $1,649,662,000 after acquiring an additional 185,775 shares in the last quarter. BlackRock Inc. boosted its position in shares of Church & Dwight by 2.4% during the 3rd quarter. BlackRock Inc. now owns 19,158,432 shares of the company’s stock valued at $1,137,435,000 after acquiring an additional 445,109 shares in the last quarter. Capital International Investors boosted its position in shares of Church & Dwight by 15.5% during the 3rd quarter. Capital International Investors now owns 8,152,500 shares of the company’s stock valued at $484,014,000 after acquiring an additional 1,094,100 shares in the last quarter. Bessemer Group Inc. boosted its position in shares of Church & Dwight by 0.6% during the 3rd quarter. Bessemer Group Inc. now owns 4,921,098 shares of the company’s stock valued at $292,167,000 after acquiring an additional 28,930 shares in the last quarter. Finally, Morgan Stanley boosted its position in shares of Church & Dwight by 425.0% during the 3rd quarter. Morgan Stanley now owns 4,795,962 shares of the company’s stock valued at $284,736,000 after acquiring an additional 3,882,426 shares in the last quarter. Institutional investors own 82.46% of the company’s stock.

Several analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $74.00 target price on the stock in a research report on Monday, November 12th. Bank of America reiterated an “underperform” rating and set a $66.00 target price (up from $58.00) on shares of Church & Dwight in a research report on Thursday, December 6th. Oppenheimer lifted their target price on shares of Church & Dwight from $66.00 to $73.00 and gave the company an “outperform” rating in a research report on Thursday, November 8th. BMO Capital Markets lifted their target price on shares of Church & Dwight from $55.00 to $62.00 and gave the company a “hold” rating in a research report on Friday, November 2nd. Finally, JPMorgan Chase & Co. lifted their target price on shares of Church & Dwight from $58.00 to $63.00 and gave the company a “neutral” rating in a research report on Friday, November 2nd. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $60.76.

In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 16,000 shares of the business’s stock in a transaction dated Tuesday, December 11th. The shares were sold at an average price of $67.00, for a total value of $1,072,000.00. Following the transaction, the director now directly owns 42,690 shares in the company, valued at $2,860,230. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Maynadier Patrick D. De sold 139,320 shares of the business’s stock in a transaction dated Monday, January 14th. The shares were sold at an average price of $66.72, for a total transaction of $9,295,430.40. Following the completion of the transaction, the executive vice president now owns 40,650 shares in the company, valued at $2,712,168. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 518,980 shares of company stock worth $34,457,327. Company insiders own 2.00% of the company’s stock.

NYSE:CHD opened at $64.61 on Friday. The stock has a market capitalization of $15.56 billion, a price-to-earnings ratio of 33.30, a PEG ratio of 2.50 and a beta of 0.32. Church & Dwight Co., Inc. has a 12 month low of $44.87 and a 12 month high of $69.49. The company has a current ratio of 0.93, a quick ratio of 0.55 and a debt-to-equity ratio of 0.77.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Thursday, November 1st. The company reported $0.58 EPS for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.04. The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.02 billion. Church & Dwight had a net margin of 20.25% and a return on equity of 25.00%. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.49 earnings per share. Research analysts predict that Church & Dwight Co., Inc. will post 2.29 earnings per share for the current fiscal year.

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Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. The company operates through three segments: Consumer Domestic, Consumer International, and the Specialty Products Division. It offers baking soda, cat litter, carpet deodorization, and laundry detergent products under the ARM & HAMMER brand; condoms, lubricants, and vibrators TROJAN brand; stain removers, cleaning solutions, laundry detergents, dishwashing 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 analgesic products 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; and water flossers and replacement showerheads under the WATERPIK brand.

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

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