Church & Dwight Co., Inc. (NYSE:CHD) Shares Purchased by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt increased its stake in shares of Church & Dwight Co., Inc. (NYSE:CHDFree Report) by 74.7% in the 4th quarter, HoldingsChannel reports. The firm owned 685 shares of the company’s stock after purchasing an additional 293 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Church & Dwight were worth $65,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of CHD. Chilton Capital Management LLC lifted its holdings in Church & Dwight by 50.0% during the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after buying an additional 110 shares during the last quarter. Koesten Hirschmann & Crabtree INC. purchased a new stake in Church & Dwight during the 3rd quarter worth about $38,000. PSI Advisors LLC purchased a new stake in Church & Dwight during the 3rd quarter worth about $39,000. Money Concepts Capital Corp lifted its holdings in Church & Dwight by 468.2% during the 4th quarter. Money Concepts Capital Corp now owns 625 shares of the company’s stock worth $50,000 after buying an additional 515 shares during the last quarter. Finally, McGlone Suttner Wealth Management Inc. purchased a new stake in Church & Dwight during the 4th quarter worth about $62,000. 86.60% of the stock is owned by institutional investors and hedge funds.

Church & Dwight Stock Up 1.1 %

CHD opened at $104.35 on Friday. The business has a 50 day moving average price of $102.01 and a two-hundred day moving average price of $96.50. The company has a quick ratio of 0.64, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. The company has a market cap of $25.45 billion, a PE ratio of 34.33, a P/E/G ratio of 3.42 and a beta of 0.53. Church & Dwight Co., Inc. has a 52 week low of $82.25 and a 52 week high of $105.67.

Church & Dwight (NYSE:CHDGet Free Report) last posted its quarterly earnings data on Friday, February 2nd. The company reported $0.65 EPS for the quarter, meeting the consensus estimate of $0.65. The firm had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.51 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The firm’s revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.62 EPS. As a group, research analysts anticipate that Church & Dwight Co., Inc. will post 3.44 EPS for the current year.

Church & Dwight Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were given a dividend of $0.2838 per share. This is a boost from Church & Dwight’s previous quarterly dividend of $0.27. The ex-dividend date was Wednesday, February 14th. This represents a $1.14 annualized dividend and a yield of 1.09%. Church & Dwight’s payout ratio is presently 37.17%.

Insiders Place Their Bets

In other Church & Dwight news, EVP Michael Read sold 4,500 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $105.00, for a total transaction of $472,500.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Church & Dwight news, EVP Michael Read sold 4,500 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $105.00, for a total transaction of $472,500.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Rene Hemsey sold 9,280 shares of the business’s stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $100.22, for a total value of $930,041.60. Following the transaction, the executive vice president now owns 6,373 shares in the company, valued at approximately $638,702.06. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 373,052 shares of company stock worth $38,603,796. Company insiders own 2.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on CHD shares. Royal Bank of Canada lifted their price target on Church & Dwight from $94.00 to $103.00 and gave the stock a “sector perform” rating in a report on Monday, February 5th. Bank of America lifted their price target on Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a report on Monday, April 15th. TheStreet raised Church & Dwight from a “c+” rating to a “b” rating in a report on Friday, February 2nd. UBS Group boosted their target price on Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a report on Monday, February 5th. Finally, Oppenheimer boosted their target price on Church & Dwight from $107.00 to $110.00 and gave the company an “outperform” rating in a report on Monday, February 5th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $103.27.

Read Our Latest Report on Church & Dwight

Church & Dwight Profile

(Free Report)

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 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; 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 showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.

See Also

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:CHDFree Report).

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

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