Avior Wealth Management LLC Has $1.50 Million Position in Church & Dwight Co., Inc. (NYSE:CHD)

Avior Wealth Management LLC lessened its position in Church & Dwight Co., Inc. (NYSE:CHD) by 18.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,281 shares of the company’s stock after selling 3,188 shares during the period. Avior Wealth Management LLC’s holdings in Church & Dwight were worth $1,495,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Sei Investments Co. increased its position in shares of Church & Dwight by 10.0% in the 2nd quarter. Sei Investments Co. now owns 197,553 shares of the company’s stock valued at $20,482,000 after buying an additional 17,887 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in Church & Dwight by 5.6% in the second quarter. Thrivent Financial for Lutherans now owns 28,628 shares of the company’s stock valued at $2,969,000 after acquiring an additional 1,529 shares during the period. Public Sector Pension Investment Board increased its holdings in shares of Church & Dwight by 69.7% in the second quarter. Public Sector Pension Investment Board now owns 9,448 shares of the company’s stock worth $980,000 after acquiring an additional 3,882 shares in the last quarter. Evergreen Capital Management LLC raised its position in shares of Church & Dwight by 6.2% during the second quarter. Evergreen Capital Management LLC now owns 3,840 shares of the company’s stock worth $398,000 after purchasing an additional 225 shares during the period. Finally, Bank of Montreal Can lifted its holdings in shares of Church & Dwight by 13.6% during the 2nd quarter. Bank of Montreal Can now owns 258,927 shares of the company’s stock valued at $27,221,000 after purchasing an additional 31,035 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, Director Arthur B. Winkleblack sold 11,590 shares of the stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $103.84, for a total value of $1,203,505.60. Following the transaction, the director now directly owns 7,129 shares of the company’s stock, valued at $740,275.36. This represents a 61.92 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Matthew Farrell sold 165,823 shares of the business’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $103.03, for a total value of $17,084,743.69. Following the sale, the chief executive officer now owns 112,719 shares of the company’s stock, valued at approximately $11,613,438.57. This represents a 59.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 593,035 shares of company stock valued at $62,282,808 in the last quarter. 2.00% of the stock is currently owned by insiders.

Church & Dwight Stock Performance

Shares of CHD stock opened at $106.24 on Friday. The company has a fifty day moving average price of $106.80 and a two-hundred day moving average price of $104.06. Church & Dwight Co., Inc. has a one year low of $96.09 and a one year high of $113.50. The stock has a market cap of $26.03 billion, a P/E ratio of 47.64, a P/E/G ratio of 3.29 and a beta of 0.58. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09.

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

Church & Dwight Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Barclays lifted their price target on shares of Church & Dwight from $85.00 to $90.00 and gave the company an “underweight” rating in a research note on Friday, January 17th. Wells Fargo & Company boosted their price objective on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. Stifel Nicolaus lowered their target price on Church & Dwight from $105.00 to $103.00 and set a “hold” rating for the company in a report on Friday, January 17th. Deutsche Bank Aktiengesellschaft boosted their price target on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a report on Monday, November 4th. Finally, JPMorgan Chase & Co. upped their price objective on Church & Dwight from $99.00 to $107.00 and gave the stock an “underweight” rating in a research report on Thursday, January 16th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Church & Dwight has an average rating of “Hold” and an average price target of $110.61.

Church & Dwight Profile

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.