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

Church & Dwight Co., Inc. (NYSE:CHD) Director Penry W. Price sold 7,752 shares of Church & Dwight 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 completion of the transaction, the director now 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 the SEC website.

Church & Dwight Trading Up 0.2 %

Shares of CHD opened at $107.04 on Friday. 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 stock has a market cap of $26.17 billion, a PE ratio of 33.98, a PEG ratio of 3.47 and a beta of 0.51. Church & Dwight Co., Inc. has a 1 year low of $82.25 and a 1 year high of $108.68. The stock has a 50 day simple moving average of $104.06 and a 200-day simple moving average of $98.17.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings results on Thursday, May 2nd. The company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.10. The firm had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.49 billion. Church & Dwight had a return on equity of 20.35% and a net margin of 13.13%. The business’s revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.85 earnings per share. On average, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.46 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

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 given a $0.2838 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $1.14 dividend on an annualized basis and a yield of 1.06%. Church & Dwight’s dividend payout ratio (DPR) is presently 35.87%.

Institutional Trading of Church & Dwight

Several large investors have recently added to or reduced their stakes in CHD. Game Plan Financial Advisors LLC acquired a new position in shares of Church & Dwight in the 1st quarter worth approximately $26,000. Roble Belko & Company Inc bought a new stake in shares of Church & Dwight during the first quarter worth $31,000. Chilton Capital Management LLC increased its stake in shares of Church & Dwight by 50.0% in 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. Creekmur Asset Management LLC bought a new position in shares of Church & Dwight in the fourth quarter valued at about $32,000. Finally, Annapolis Financial Services LLC lifted 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 buying an additional 334 shares in the last quarter. 86.60% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. dropped their price objective on Church & Dwight from $98.00 to $97.00 and set an “underweight” rating on the stock in a research note on Friday, May 3rd. Royal Bank of Canada lifted their price target on Church & Dwight from $94.00 to $103.00 and gave the stock a “sector perform” rating in a research report on Monday, February 5th. UBS Group increased their price objective on Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a research report on Monday, February 5th. Evercore ISI boosted their target price on shares of 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 initiated coverage on shares of Church & Dwight in a report on Friday, March 1st. They set a “buy” rating and a $110.00 price objective on the stock. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company currently 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.