Carderock Capital Management Inc. Reduces Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Carderock Capital Management Inc. lowered its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 5.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 54,530 shares of the company’s stock after selling 2,979 shares during the quarter. Carderock Capital Management Inc.’s holdings in Church & Dwight were worth $5,710,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Albert D Mason Inc. raised its position in shares of Church & Dwight by 2.3% in the 4th quarter. Albert D Mason Inc. now owns 8,369 shares of the company’s stock worth $876,000 after acquiring an additional 186 shares in the last quarter. Merit Financial Group LLC grew its stake in Church & Dwight by 131.0% in the fourth quarter. Merit Financial Group LLC now owns 5,769 shares of the company’s stock worth $604,000 after purchasing an additional 3,272 shares during the period. Avanza Fonder AB bought a new position in Church & Dwight in the fourth quarter worth $2,743,000. JGP Wealth Management LLC lifted its position in Church & Dwight by 1.8% during the fourth quarter. JGP Wealth Management LLC now owns 73,371 shares of the company’s stock valued at $7,683,000 after buying an additional 1,270 shares during the period. Finally, Ritholtz Wealth Management boosted its holdings in shares of Church & Dwight by 1.9% during the 4th quarter. Ritholtz Wealth Management now owns 8,515 shares of the company’s stock valued at $892,000 after buying an additional 160 shares in the last quarter. 86.60% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CAO Joseph James Longo sold 7,780 shares of the firm’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $112.44, for a total transaction of $874,783.20. Following the sale, the chief accounting officer now directly owns 400 shares in the company, valued at $44,976. This trade represents a 95.11 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Matthew Farrell sold 165,823 shares of the company’s stock in a transaction on Monday, November 4th. The stock was sold at an average price of $103.03, for a total transaction of $17,084,743.69. Following the completion of the transaction, the chief executive officer now directly owns 112,719 shares of the company’s stock, valued at $11,613,438.57. This represents a 59.53 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 593,035 shares of company stock valued at $62,282,808. 1.40% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts recently issued reports on CHD shares. TD Cowen increased their price target on shares of Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. JPMorgan Chase & Co. lifted their target price on shares of Church & Dwight from $99.00 to $107.00 and gave the company an “underweight” rating in a report on Thursday. Barclays upped their price target on Church & Dwight from $85.00 to $90.00 and gave the stock an “underweight” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft boosted their target price on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Finally, Stifel Nicolaus reduced their price target on Church & Dwight from $105.00 to $103.00 and set a “hold” rating for the company in a report on Friday. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight 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 price target of $110.61.

Church & Dwight Stock Up 0.1 %

Church & Dwight stock opened at $106.42 on Friday. Church & Dwight Co., Inc. has a one year low of $96.09 and a one year high of $113.50. The stock has a fifty day moving average of $106.87 and a 200 day moving average of $104.05. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.62. The stock has a market cap of $26.07 billion, a PE ratio of 47.72, a price-to-earnings-growth ratio of 3.12 and a beta of 0.58.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.11. The firm had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.74 EPS. As a group, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.44 EPS for the current year.

Church & Dwight Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were paid a $0.2838 dividend. The ex-dividend date was Friday, November 15th. This represents a $1.14 annualized dividend and a dividend yield of 1.07%. Church & Dwight’s dividend payout ratio (DPR) is 50.67%.

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.