Empire Life Investments Inc. Boosts Stake in Church & Dwight Co., Inc. (NYSE:CHD)

Empire Life Investments Inc. boosted its stake in Church & Dwight Co., Inc. (NYSE:CHDFree Report) by 2.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,026 shares of the company’s stock after buying an additional 292 shares during the quarter. Empire Life Investments Inc.’s holdings in Church & Dwight were worth $1,421,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CHD. Chilton Capital Management LLC raised 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 valued at $31,000 after acquiring an additional 110 shares during the last quarter. Annapolis Financial Services LLC boosted its position in Church & Dwight by 2,087.5% during the 4th quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock worth $33,000 after purchasing an additional 334 shares during the period. Koesten Hirschmann & Crabtree INC. purchased a new stake in Church & Dwight during the 3rd quarter worth $38,000. McGlone Suttner Wealth Management Inc. purchased a new stake in Church & Dwight during the 4th quarter worth $62,000. Finally, Livforsakringsbolaget Skandia Omsesidigt boosted its position in Church & Dwight by 74.7% during the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 685 shares of the company’s stock worth $65,000 after purchasing an additional 293 shares during the period. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Insider Buying and Selling at Church & Dwight

In related news, EVP Barry A. Bruno sold 9,926 shares of the firm’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the transaction, the executive vice president now owns 4,319 shares in the company, valued at $451,551.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, EVP Michael Read sold 9,000 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $100.95, for a total transaction of $908,550.00. Following the completion of the sale, the executive vice president now directly owns 10,325 shares in the company, valued at $1,042,308.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Barry A. Bruno sold 9,926 shares of the firm’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the sale, the executive vice president now owns 4,319 shares of the company’s stock, valued at $451,551.45. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 376,972 shares of company stock worth $39,133,366. 1.40% of the stock is owned by company insiders.

Church & Dwight Stock Performance

CHD traded down $0.04 on Tuesday, hitting $106.83. 1,215,852 shares of the company’s stock were exchanged, compared to its average volume of 1,275,557. The firm has a market cap of $26.12 billion, a PE ratio of 33.91, a P/E/G ratio of 3.50 and a beta of 0.51. Church & Dwight Co., Inc. has a twelve month low of $82.25 and a twelve month high of $108.68. The stock has a fifty day moving average of $104.46 and a two-hundred day moving average of $98.54. The company has a current ratio of 1.33, a quick ratio of 0.82 and a debt-to-equity ratio of 0.54.

Church & Dwight (NYSE:CHDGet Free Report) last released its quarterly earnings data on Thursday, May 2nd. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the prior year, the business earned $0.85 earnings per share. Church & Dwight’s quarterly revenue was up 5.1% on a year-over-year basis. On average, research analysts anticipate that Church & Dwight Co., Inc. will post 3.46 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on CHD shares. Stifel Nicolaus upped their price objective on shares of Church & Dwight from $91.00 to $99.00 and gave the company a “hold” rating in a research report on Monday, February 5th. JPMorgan Chase & Co. decreased their price objective on shares of Church & Dwight from $98.00 to $97.00 and set an “underweight” rating for the company in a research report on Friday, May 3rd. Evercore ISI upped their price objective on shares of Church & Dwight from $107.00 to $110.00 and gave the company an “in-line” rating in a research report on Friday, May 3rd. Royal Bank of Canada upped their price objective on shares of Church & Dwight from $94.00 to $103.00 and gave the company a “sector perform” rating in a research report on Monday, February 5th. Finally, HSBC upped their price objective on shares of Church & Dwight from $110.00 to $114.00 and gave the company a “hold” rating in a research report on Friday, May 3rd. Three 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’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $105.56.

View 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.

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

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