Insider Selling: Church & Dwight Co., Inc. (NYSE:CHD) EVP Sells $5,847,978.00 in Stock

Church & Dwight Co., Inc. (NYSE:CHDGet Free Report) EVP Maynadier Patrick D. De sold 54,654 shares of the stock in a transaction on Friday, June 14th. The stock was sold at an average price of $107.00, for a total value of $5,847,978.00. Following the sale, the executive vice president now directly owns 10,325 shares of the company’s stock, valued at $1,104,775. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Church & Dwight Stock Up 0.6 %

Shares of NYSE:CHD opened at $109.91 on Thursday. The stock’s 50-day moving average price is $106.32 and its two-hundred day moving average price is $101.36. 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 Co., Inc. has a 12-month low of $82.25 and a 12-month high of $110.31. The firm has a market cap of $26.88 billion, a price-to-earnings ratio of 34.89, a PEG ratio of 3.57 and a beta of 0.51.

Church & Dwight (NYSE:CHDGet Free Report) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same period last year, the company earned $0.85 EPS. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. On average, research analysts forecast that Church & Dwight Co., Inc. will post 3.46 EPS for the current year.

Church & Dwight Announces Dividend

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

Analyst Upgrades and Downgrades

CHD has been the subject of several research analyst reports. HSBC increased their price objective on Church & Dwight from $110.00 to $114.00 and gave the stock a “hold” rating in a research report on Friday, May 3rd. Deutsche Bank Aktiengesellschaft increased their price objective on Church & Dwight from $109.00 to $112.00 and gave the stock a “buy” rating in a research report on Monday, April 22nd. Barclays cut their price objective on Church & Dwight from $83.00 to $82.00 and set an “underweight” rating for the company in a research report on Monday, May 6th. The Goldman Sachs Group assumed coverage on Church & Dwight in a research report on Friday, March 1st. They issued a “buy” rating and a $110.00 price objective for the company. Finally, Oppenheimer raised their price target on Church & Dwight from $110.00 to $120.00 and gave the company an “outperform” rating in a research report on Tuesday, April 23rd. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $106.19.

Read Our Latest Stock Analysis on Church & Dwight

Hedge Funds Weigh In On Church & Dwight

Several hedge funds and other institutional investors have recently modified their holdings of the company. Texas Yale Capital Corp. lifted its stake in shares of Church & Dwight by 1.0% in the 1st quarter. Texas Yale Capital Corp. now owns 10,600 shares of the company’s stock valued at $1,106,000 after purchasing an additional 100 shares in the last quarter. Garner Asset Management Corp lifted its stake in shares of Church & Dwight by 5.1% in the 1st quarter. Garner Asset Management Corp now owns 2,058 shares of the company’s stock valued at $215,000 after purchasing an additional 100 shares in the last quarter. Chilton Capital Management LLC lifted its position in Church & Dwight by 50.0% during the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after acquiring an additional 110 shares in the last quarter. Global Retirement Partners LLC lifted its position in Church & Dwight by 14.7% during the 4th quarter. Global Retirement Partners LLC now owns 883 shares of the company’s stock worth $87,000 after acquiring an additional 113 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC lifted its position in Church & Dwight by 2.4% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 4,942 shares of the company’s stock worth $516,000 after acquiring an additional 117 shares in the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

Church & Dwight Company Profile

(Get 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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Insider Buying and Selling by Quarter for Church & Dwight (NYSE:CHD)

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