Livforsakringsbolaget Skandia Omsesidigt Buys 293 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Livforsakringsbolaget Skandia Omsesidigt grew its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 74.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 685 shares of the company’s stock after acquiring an additional 293 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Church & Dwight were worth $65,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of CHD. Chilton Capital Management LLC increased its holdings 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 buying an additional 110 shares in the last quarter. Koesten Hirschmann & Crabtree INC. purchased a new position in shares of Church & Dwight during the 3rd quarter valued at about $38,000. PSI Advisors LLC purchased a new position in shares of Church & Dwight during the 3rd quarter valued at about $39,000. Money Concepts Capital Corp lifted its position in shares of Church & Dwight by 468.2% during the 4th quarter. Money Concepts Capital Corp now owns 625 shares of the company’s stock valued at $50,000 after buying an additional 515 shares in the last quarter. Finally, McGlone Suttner Wealth Management Inc. purchased a new position in shares of Church & Dwight during the 4th quarter valued at about $62,000. 86.60% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Church & Dwight

In other Church & Dwight news, CEO Matthew Farrell sold 275,000 shares of the company’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $103.83, for a total value of $28,553,250.00. Following the transaction, the chief executive officer now owns 112,719 shares of the company’s stock, valued at approximately $11,703,613.77. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Church & Dwight news, CEO Matthew Farrell sold 275,000 shares of the company’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $103.83, for a total value of $28,553,250.00. Following the completion of the sale, the chief executive officer now directly owns 112,719 shares in the company, valued at approximately $11,703,613.77. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Penry W. Price sold 7,752 shares of the company’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $98.29, for a total value of $761,944.08. Following the completion of the sale, the director now owns 25,692 shares of the company’s stock, valued at $2,525,266.68. The disclosure for this sale can be found here. Insiders have sold 373,052 shares of company stock valued at $38,603,796 in the last quarter. 2.00% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms recently commented on CHD. JPMorgan Chase & Co. boosted their price target on Church & Dwight from $87.00 to $95.00 and gave the stock an “underweight” rating in a report on Thursday, January 18th. The Goldman Sachs Group initiated coverage on Church & Dwight in a report on Friday, March 1st. They set a “buy” rating and a $110.00 price objective on the stock. Bank of America upped their price objective on Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a report on Monday, April 15th. UBS Group upped their price objective on Church & Dwight from $99.00 to $105.00 and gave the stock a “neutral” rating in a report on Monday, February 5th. Finally, Barclays upped their price objective on Church & Dwight from $80.00 to $83.00 and gave the stock an “underweight” rating in a report on Friday, April 12th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, Church & Dwight currently has an average rating of “Hold” and an average price target of $103.27.

Church & Dwight Stock Performance

Shares of Church & Dwight stock opened at $104.35 on Friday. The stock’s fifty day moving average is $102.01 and its two-hundred day moving average is $96.50. The company has a market capitalization of $25.45 billion, a PE ratio of 34.33, a price-to-earnings-growth ratio of 3.42 and a beta of 0.53. The company has a quick ratio of 0.64, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. Church & Dwight Co., Inc. has a 52 week low of $82.25 and a 52 week high of $105.67.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, February 2nd. The company reported $0.65 EPS for the quarter, meeting the consensus estimate of $0.65. The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.51 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. Church & Dwight’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.62 EPS. As a group, analysts expect that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current year.

Church & Dwight Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were given a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend was Wednesday, February 14th. This is an increase from Church & Dwight’s previous quarterly dividend of $0.27. Church & Dwight’s dividend payout ratio is 37.17%.

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.