Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Toronto Dominion Bank

Toronto Dominion Bank reduced its position in Church & Dwight Co., Inc. (NYSE:CHD) by 6.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 144,097 shares of the company’s stock after selling 10,411 shares during the quarter. Toronto Dominion Bank owned about 0.06% of Church & Dwight worth $15,031,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of CHD. Wellington Management Group LLP grew its holdings in shares of Church & Dwight by 601.8% during the third quarter. Wellington Management Group LLP now owns 27,756 shares of the company’s stock worth $2,543,000 after buying an additional 23,801 shares during the last quarter. SG Americas Securities LLC grew its stake in shares of Church & Dwight by 103.1% in the 4th quarter. SG Americas Securities LLC now owns 11,566 shares of the company’s stock valued at $1,094,000 after purchasing an additional 5,872 shares during the last quarter. HB Wealth Management LLC grew its stake in shares of Church & Dwight by 11.0% in the 4th quarter. HB Wealth Management LLC now owns 5,349 shares of the company’s stock valued at $506,000 after purchasing an additional 528 shares during the last quarter. Pacer Advisors Inc. increased its holdings in shares of Church & Dwight by 137.0% in the fourth quarter. Pacer Advisors Inc. now owns 54,001 shares of the company’s stock valued at $5,106,000 after purchasing an additional 31,212 shares during the period. Finally, Kingswood Wealth Advisors LLC purchased a new stake in shares of Church & Dwight during the fourth quarter worth approximately $456,000. 86.60% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP Maynadier Patrick D. De sold 54,654 shares of the business’s stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $107.00, for a total value of $5,847,978.00. Following the completion of the sale, the executive vice president now directly owns 10,325 shares in the company, valued at $1,104,775. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Church & Dwight news, CFO Richard A. Dierker sold 86,740 shares of the company’s stock in a transaction dated Friday, June 14th. The stock was sold at an average price of $106.56, for a total transaction of $9,243,014.40. Following the completion of the sale, the chief financial officer now directly owns 7,634 shares in the company, valued at $813,479.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Maynadier Patrick D. De sold 54,654 shares of Church & Dwight stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $107.00, for a total value of $5,847,978.00. Following the completion of the transaction, the executive vice president now directly owns 10,325 shares in the company, valued at $1,104,775. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 182,346 shares of company stock valued at $19,465,948. Insiders own 2.00% of the company’s stock.

Church & Dwight Trading Up 1.5 %

Shares of NYSE CHD traded up $1.53 during midday trading on Friday, reaching $101.38. 1,273,425 shares of the stock were exchanged, compared to its average volume of 1,324,090. The stock has a 50 day moving average price of $105.41 and a 200-day moving average price of $103.30. The company has a current ratio of 1.33, a quick ratio of 0.82 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $24.79 billion, a P/E ratio of 32.18, a P/E/G ratio of 3.27 and a beta of 0.52. Church & Dwight Co., Inc. has a 52-week low of $82.25 and a 52-week high of $110.31.

Church & Dwight (NYSE:CHD) last issued 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 company had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same period in the previous year, the firm posted $0.85 EPS. Church & Dwight’s revenue was up 5.1% on a year-over-year basis. Equities research analysts expect that Church & Dwight Co., Inc. will post 3.46 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th were paid a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date was Tuesday, May 14th. Church & Dwight’s payout ratio is 35.87%.

Analysts Set New Price Targets

CHD has been the topic of a number of analyst reports. HSBC lifted their price objective on shares of Church & Dwight from $110.00 to $114.00 and gave the company a “hold” rating in a research report on Friday, May 3rd. Oppenheimer boosted their price target on shares of Church & Dwight from $110.00 to $120.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 23rd. TD Cowen started coverage on shares of Church & Dwight in a research report on Tuesday. They issued a “buy” rating and a $116.00 price objective for the company. Deutsche Bank Aktiengesellschaft lifted their price objective on Church & Dwight from $109.00 to $112.00 and gave the company a “buy” rating in a report on Monday, April 22nd. Finally, BNP Paribas assumed coverage on Church & Dwight in a research note on Monday, June 24th. They set a “neutral” rating and a $114.00 target price for the company. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $107.28.

Church & Dwight Profile

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.