Appleton Partners Inc. MA Sells 450 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Appleton Partners Inc. MA lowered its stake in Church & Dwight Co., Inc. (NYSE:CHDFree Report) by 9.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,118 shares of the company’s stock after selling 450 shares during the quarter. Appleton Partners Inc. MA’s holdings in Church & Dwight were worth $430,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. bought a new position in Church & Dwight in the 4th quarter valued at approximately $35,000. Nomura Holdings Inc. boosted its holdings in shares of Church & Dwight by 442.1% during the 4th quarter. Nomura Holdings Inc. now owns 14,148 shares of the company’s stock valued at $1,338,000 after acquiring an additional 11,538 shares in the last quarter. HighPoint Advisor Group LLC acquired a new stake in shares of Church & Dwight during the 4th quarter valued at $255,000. M3 Advisory Group LLC acquired a new position in Church & Dwight in the 4th quarter worth about $200,000. Finally, Cove Private Wealth LLC acquired a new position in Church & Dwight in the 4th quarter worth about $556,000. 86.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Church & Dwight

In other news, Director Robert K. Shearer sold 13,200 shares of the business’s stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $106.36, for a total transaction of $1,403,952.00. Following the completion of the sale, the director now directly owns 29,108 shares of the company’s stock, valued at $3,095,926.88. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other Church & Dwight news, Director Penry W. Price sold 7,752 shares of the firm’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $105.47, for a total transaction of $817,603.44. Following the transaction, the director now directly owns 25,692 shares in the company, valued at approximately $2,709,735.24. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Robert K. Shearer sold 13,200 shares of the company’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $106.36, for a total transaction of $1,403,952.00. Following the completion of the sale, the director now owns 29,108 shares of the company’s stock, valued at approximately $3,095,926.88. The disclosure for this sale can be found here. In the last 90 days, insiders sold 182,346 shares of company stock valued at $19,465,948. 1.40% of the stock is owned by company insiders.

Church & Dwight Stock Up 0.4 %

NYSE CHD traded up $0.39 on Tuesday, hitting $109.69. 178,325 shares of the company were exchanged, compared to its average volume of 1,242,569. Church & Dwight Co., Inc. has a 12 month low of $82.25 and a 12 month high of $109.77. The company has a current ratio of 1.33, a quick ratio of 0.82 and a debt-to-equity ratio of 0.54. The company has a market cap of $26.82 billion, a PE ratio of 34.70, a PEG ratio of 3.51 and a beta of 0.51. The stock has a fifty day moving average of $106.01 and a 200-day moving average of $101.20.

Church & Dwight (NYSE:CHDGet Free Report) last issued its earnings results on Thursday, May 2nd. The company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.10. Church & Dwight had a return on equity of 20.35% and a net margin of 13.13%. The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same period in the previous year, the company posted $0.85 EPS. The firm’s revenue was up 5.1% compared to the same quarter last year. As a group, analysts forecast that Church & Dwight Co., Inc. will post 3.46 earnings per share for the current year.

Church & Dwight Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 15th were issued a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date was Tuesday, May 14th. Church & Dwight’s dividend payout ratio is currently 35.87%.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. HSBC boosted their price target on Church & Dwight from $110.00 to $114.00 and gave the stock a “hold” rating in a report on Friday, May 3rd. Argus upped their price target on shares of Church & Dwight from $115.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, June 11th. Bank of America lifted their price target on shares of Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a report on Monday, April 15th. Evercore ISI boosted their price objective on shares of Church & Dwight from $107.00 to $110.00 and gave the stock an “in-line” rating in a research note on Friday, May 3rd. Finally, Oppenheimer lifted their target price on Church & Dwight from $110.00 to $120.00 and gave the stock an “outperform” rating in a report on Tuesday, April 23rd. Three 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 company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $106.19.

Get Our Latest Report on Church & Dwight

Church & Dwight Company Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding CHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Church & Dwight Co., Inc. (NYSE:CHDFree Report).

Institutional Ownership by Quarter for Church & Dwight (NYSE:CHD)

Receive News & Ratings for Church & Dwight Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Church & Dwight and related companies with MarketBeat.com's FREE daily email newsletter.