Church & Dwight Co., Inc. (NYSE:CHD) Director Penry W. Price Sells 7,752 Shares

Church & Dwight Co., Inc. (NYSE:CHD) Director Penry W. Price sold 7,752 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $105.47, for a total transaction of $817,603.44. Following the completion of the transaction, the director now owns 25,692 shares in the company, valued at approximately $2,709,735.24. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Church & Dwight Trading Down 0.1 %

Shares of CHD stock opened at $106.79 on Thursday. The firm has a fifty day moving average of $103.92 and a 200-day moving average of $98.11. The stock has a market cap of $26.11 billion, a price-to-earnings ratio of 33.90, a P/E/G ratio of 3.47 and a beta of 0.51. Church & Dwight Co., Inc. has a 52-week low of $82.25 and a 52-week high of $108.68. 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 (NYSE:CHD) last announced its quarterly earnings results on Thursday, May 2nd. The company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.10. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The firm had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.49 billion. During the same quarter last year, the company earned $0.85 earnings per share. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. On average, equities research analysts forecast that Church & Dwight Co., Inc. will post 3.46 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.2838 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $1.14 annualized dividend and a yield of 1.06%. Church & Dwight’s dividend payout ratio is currently 35.87%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on CHD shares. Oppenheimer upped 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. HSBC upped their target price on Church & Dwight from $110.00 to $114.00 and gave the stock a “hold” rating in a research report on Friday, May 3rd. UBS Group boosted their price target on Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a research note on Monday, February 5th. The Goldman Sachs Group started coverage on shares of Church & Dwight in a research report on Friday, March 1st. They set a “buy” rating and a $110.00 price objective on the stock. Finally, Barclays decreased their target price on shares of Church & Dwight from $83.00 to $82.00 and set an “underweight” rating for the company in a research report on Monday. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $105.56.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in CHD. Chilton Capital Management LLC lifted its holdings in Church & Dwight by 50.0% during the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after purchasing an additional 110 shares during the last quarter. Global Retirement Partners LLC increased its holdings in Church & Dwight by 14.7% during the 4th quarter. Global Retirement Partners LLC now owns 883 shares of the company’s stock valued at $87,000 after purchasing an additional 113 shares in the last quarter. Kingswood Wealth Advisors LLC boosted its stake in Church & Dwight by 2.4% in the first quarter. Kingswood Wealth Advisors LLC now owns 4,942 shares of the company’s stock worth $516,000 after purchasing an additional 117 shares in the last quarter. Gateway Advisory LLC grew its holdings in shares of Church & Dwight by 4.4% during the third quarter. Gateway Advisory LLC now owns 2,855 shares of the company’s stock worth $262,000 after purchasing an additional 120 shares during the last quarter. Finally, Sovereign Financial Group Inc. raised its holdings in shares of Church & Dwight by 0.7% in the first quarter. Sovereign Financial Group Inc. now owns 17,436 shares of the company’s stock valued at $1,819,000 after buying an additional 120 shares during the last quarter. 86.60% of the stock is owned by institutional investors.

Church & Dwight Company 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.