Metis Global Partners LLC Acquires 567 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Metis Global Partners LLC raised its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 3.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 15,178 shares of the company’s stock after purchasing an additional 567 shares during the period. Metis Global Partners LLC’s holdings in Church & Dwight were worth $1,435,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Chilton Capital Management LLC increased its position in shares of Church & Dwight by 50.0% during the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after acquiring an additional 110 shares in the last quarter. Annapolis Financial Services LLC increased its position in shares of Church & Dwight by 2,087.5% during the fourth quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock valued at $33,000 after acquiring an additional 334 shares in the last quarter. Koesten Hirschmann & Crabtree INC. bought a new stake in shares of Church & Dwight during the third quarter valued at approximately $38,000. McGlone Suttner Wealth Management Inc. bought a new stake in shares of Church & Dwight during the fourth quarter valued at approximately $62,000. Finally, Livforsakringsbolaget Skandia Omsesidigt increased its position in shares of Church & Dwight by 74.7% during the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 685 shares of the company’s stock valued at $65,000 after acquiring an additional 293 shares in the last quarter. Institutional investors own 86.60% of the company’s stock.

Insider Transactions at Church & Dwight

In other Church & Dwight news, Director Penry W. Price sold 7,752 shares of Church & Dwight stock in a transaction on Monday, May 6th. The shares were sold at an average price of $105.47, for a total value of $817,603.44. Following the sale, the director now directly owns 25,692 shares in the company, valued at approximately $2,709,735.24. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, EVP Michael Read sold 9,000 shares of the stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $100.95, for a total transaction of $908,550.00. Following the completion of the transaction, the executive vice president now directly owns 10,325 shares in the company, valued at approximately $1,042,308.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Penry W. Price sold 7,752 shares of the firm’s stock in a transaction 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 directly owns 25,692 shares of the company’s stock, valued at $2,709,735.24. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 371,524 shares of company stock valued at $38,491,358. 1.40% of the stock is currently owned by corporate insiders.

Church & Dwight Trading Down 0.1 %

Shares of Church & Dwight stock opened at $106.79 on Thursday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.82 and a current ratio of 1.33. The company has a fifty day moving average of $103.92 and a 200 day moving average of $98.11. The company has a market capitalization of $26.11 billion, a P/E ratio of 33.90, a P/E/G ratio of 3.47 and a beta of 0.51. Church & Dwight Co., Inc. has a fifty-two week low of $82.25 and a fifty-two week high of $108.68.

Church & Dwight (NYSE:CHD) last released its earnings results on Thursday, May 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, topping 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 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 business posted $0.85 earnings per share. The firm’s revenue was up 5.1% on a year-over-year basis. On average, sell-side analysts anticipate 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 announced a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th will be issued a $0.2838 dividend. This represents a $1.14 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend is Tuesday, May 14th. Church & Dwight’s dividend payout ratio (DPR) is presently 35.87%.

Wall Street Analyst Weigh In

A number of research firms have commented on CHD. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Church & Dwight from $109.00 to $112.00 and gave the stock a “buy” rating in a research report on Monday, April 22nd. HSBC lifted their price objective on Church & Dwight from $110.00 to $114.00 and gave the stock a “hold” rating in a report on Friday, May 3rd. UBS Group increased their target price on Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a report on Monday, February 5th. Evercore ISI raised their target price on Church & Dwight from $107.00 to $110.00 and gave the stock an “in-line” rating in a research report on Friday, May 3rd. Finally, 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 target for the company. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $105.56.

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.