Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC decreased its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 4.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 108,636 shares of the company’s stock after selling 4,876 shares during the quarter. Yousif Capital Management LLC’s holdings in Church & Dwight were worth $10,273,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of CHD. Chilton Capital Management LLC grew its holdings 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 buying an additional 110 shares in the last quarter. Annapolis Financial Services LLC grew its holdings 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 buying an additional 334 shares in the last quarter. Koesten Hirschmann & Crabtree INC. purchased a new position in shares of Church & Dwight during the third quarter valued at $38,000. McGlone Suttner Wealth Management Inc. purchased a new position in shares of Church & Dwight during the fourth quarter valued at $62,000. Finally, Livforsakringsbolaget Skandia Omsesidigt grew its holdings 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 buying an additional 293 shares in the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Wall Street Analysts Forecast Growth

CHD has been the subject of a number of analyst reports. The Goldman Sachs Group initiated coverage on Church & Dwight in a research report on Friday, March 1st. They issued a “buy” rating and a $110.00 price target for the company. Stifel Nicolaus boosted their price target on Church & Dwight from $91.00 to $99.00 and gave the stock a “hold” rating in a research report on Monday, February 5th. UBS Group boosted their price target on Church & Dwight from $99.00 to $105.00 and gave the stock a “neutral” rating in a research report on Monday, February 5th. TheStreet raised Church & Dwight from a “c+” rating to a “b” rating in a research report on Friday, February 2nd. Finally, Barclays boosted their price target on Church & Dwight from $80.00 to $83.00 and gave the stock an “underweight” rating in a research report on Friday, April 12th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $104.07.

Church & Dwight Stock Performance

CHD traded up $0.64 on Wednesday, hitting $107.35. 908,827 shares of the stock traded hands, compared to its average volume of 1,277,627. Church & Dwight Co., Inc. has a 52 week low of $82.25 and a 52 week high of $107.56. The company has a current ratio of 1.08, a quick ratio of 0.64 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $26.18 billion, a PE ratio of 35.09, a P/E/G ratio of 3.52 and a beta of 0.53. The business has a fifty day moving average price of $102.34 and a two-hundred day moving average price of $96.83.

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

Church & Dwight Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were paid a $0.2838 dividend. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.27. This represents a $1.14 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend was Wednesday, February 14th. Church & Dwight’s dividend payout ratio is currently 37.17%.

Insider Activity

In other news, CEO Matthew Farrell sold 275,000 shares of the company’s stock in a transaction that occurred 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 sale, the chief executive officer now directly owns 112,719 shares in the company, valued at approximately $11,703,613.77. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other news, CEO Matthew Farrell sold 275,000 shares of the business’s stock in a transaction that occurred 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 directly owns 112,719 shares of the company’s stock, valued at approximately $11,703,613.77. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Michael Read sold 4,500 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $105.00, for a total value of $472,500.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 373,052 shares of company stock worth $38,603,796. Company insiders own 1.40% of the company’s stock.

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.