Spire Wealth Management Sells 260 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Spire Wealth Management decreased its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 3.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 7,011 shares of the company’s stock after selling 260 shares during the period. Spire Wealth Management’s holdings in Church & Dwight were worth $680,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Chilton Capital Management LLC boosted its holdings in shares of Church & Dwight by 50.0% in the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after buying an additional 110 shares in the last quarter. Global Retirement Partners LLC increased its position in shares of Church & Dwight by 14.7% during the fourth quarter. Global Retirement Partners LLC now owns 883 shares of the company’s stock worth $87,000 after purchasing an additional 113 shares in the last quarter. Gateway Advisory LLC lifted its holdings in shares of Church & Dwight by 4.4% during the 3rd quarter. Gateway Advisory LLC now owns 2,855 shares of the company’s stock valued at $262,000 after purchasing an additional 120 shares during the last quarter. Sunbelt Securities Inc. boosted its position in shares of Church & Dwight by 2.1% in the 3rd quarter. Sunbelt Securities Inc. now owns 6,580 shares of the company’s stock worth $603,000 after purchasing an additional 137 shares in the last quarter. Finally, West Family Investments Inc. grew its stake in Church & Dwight by 5.9% during the 3rd quarter. West Family Investments Inc. now owns 2,641 shares of the company’s stock worth $242,000 after buying an additional 148 shares during the last quarter. Institutional investors own 86.60% of the company’s stock.

Church & Dwight Stock Up 0.2 %

CHD opened at $107.04 on Friday. The company has a fifty day moving average of $104.06 and a two-hundred day moving average of $98.17. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.82 and a current ratio of 1.33. Church & Dwight Co., Inc. has a fifty-two week low of $82.25 and a fifty-two week high of $108.68. The stock has a market capitalization of $26.17 billion, a price-to-earnings ratio of 33.98, a PEG ratio of 3.47 and a beta of 0.51.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results 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. Church & Dwight had a return on equity of 20.35% and a net margin of 13.13%. The firm had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the previous year, the business earned $0.85 EPS. Church & Dwight’s revenue for the quarter was up 5.1% compared to the same quarter last year. On average, research analysts expect that Church & Dwight Co., Inc. will post 3.46 earnings per share for the current year.

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be issued 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 payout ratio is presently 35.87%.

Analysts Set New Price Targets

CHD has been the topic of a number of research analyst reports. TheStreet upgraded Church & Dwight from a “c+” rating to a “b” rating in a research note on Friday, February 2nd. The Goldman Sachs Group started coverage on shares of Church & Dwight in a report on Friday, March 1st. They issued a “buy” rating and a $110.00 price target for the company. Argus raised Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 target price on the stock in a research report on Friday, February 23rd. Oppenheimer boosted their price target on Church & Dwight from $110.00 to $120.00 and gave the company an “outperform” rating in a research note on Tuesday, April 23rd. Finally, UBS Group raised their price objective on Church & Dwight from $99.00 to $105.00 and gave the stock a “neutral” rating in a research note on Monday, February 5th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat, Church & Dwight has a consensus rating of “Hold” and a consensus price target of $105.56.

Insiders Place Their Bets

In other news, EVP Brian D. Buchert sold 12,120 shares of Church & Dwight stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $102.84, for a total value of $1,246,420.80. Following the sale, the executive vice president now owns 6,120 shares in the company, valued at $629,380.80. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, EVP Brian D. Buchert sold 12,120 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $102.84, for a total transaction of $1,246,420.80. Following the completion of the sale, the executive vice president now directly owns 6,120 shares in the company, valued at $629,380.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Michael Read sold 9,000 shares of Church & Dwight stock in a transaction on Monday, March 4th. The stock was sold at an average price of $100.95, for a total transaction of $908,550.00. Following the sale, the executive vice president now directly owns 10,325 shares in the company, valued at approximately $1,042,308.75. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 376,972 shares of company stock worth $39,133,366. Company insiders own 1.40% of the company’s stock.

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.