Church & Dwight Co., Inc. (NYSE:CHD) Director Penry W. Price Sells 7,752 Shares

Church & Dwight Co., Inc. (NYSE:CHD) Director Penry W. Price sold 7,752 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $105.47, for a total transaction of $817,603.44. Following the completion of the transaction, the director now owns 25,692 shares of the company’s stock, valued at approximately $2,709,735.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Church & Dwight Price Performance

Shares of CHD opened at $106.92 on Wednesday. The firm has a market capitalization of $26.14 billion, a PE ratio of 33.94, a PEG ratio of 3.47 and a beta of 0.51. The company’s 50-day moving average is $103.92 and its 200-day moving average is $98.11. Church & Dwight Co., Inc. has a fifty-two week low of $82.25 and a fifty-two week high of $108.68. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.33 and a quick ratio of 0.82.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.10. The company had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.49 billion. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The company’s revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.85 earnings per share. Equities analysts forecast that Church & Dwight Co., Inc. will post 3.46 EPS for the current year.

Church & Dwight Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be paid a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.06%. The ex-dividend date is Tuesday, May 14th. Church & Dwight’s dividend payout ratio (DPR) is 35.87%.

Institutional Trading of Church & Dwight

Hedge funds and other institutional investors have recently bought and sold shares of the business. Game Plan Financial Advisors LLC acquired a new stake in Church & Dwight in the 1st quarter worth about $26,000. Roble Belko & Company Inc acquired a new stake in Church & Dwight in the 1st quarter worth about $31,000. Chilton Capital Management LLC raised its stake in Church & Dwight by 50.0% in the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares in the last quarter. Creekmur Asset Management LLC acquired a new stake in Church & Dwight in the 4th quarter worth about $32,000. Finally, Annapolis Financial Services LLC raised its stake in Church & Dwight by 2,087.5% in the 4th quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock worth $33,000 after purchasing an additional 334 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on CHD shares. Evercore ISI increased their target price on shares of Church & Dwight from $107.00 to $110.00 and gave the stock an “in-line” rating in a report on Friday, May 3rd. UBS Group increased their target price on shares of Church & Dwight from $99.00 to $105.00 and gave the stock a “neutral” rating in a report on Monday, February 5th. TheStreet upgraded shares of Church & Dwight from a “c+” rating to a “b” rating in a report on Friday, February 2nd. Argus upgraded shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 target price for the company in a report on Friday, February 23rd. Finally, JPMorgan Chase & Co. reduced their target price on shares of Church & Dwight from $98.00 to $97.00 and set an “underweight” rating for the company in a report on Friday, May 3rd. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $105.56.

About Church & Dwight

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.