Indiana Trust & Investment Management CO Buys 1,028 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Indiana Trust & Investment Management CO grew its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 1,028.0% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 1,128 shares of the company’s stock after acquiring an additional 1,028 shares during the quarter. Indiana Trust & Investment Management CO’s holdings in Church & Dwight were worth $118,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Chilton Capital Management LLC lifted its position in Church & Dwight by 50.0% during the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares during the period. Global Retirement Partners LLC raised its position in shares of Church & Dwight by 14.7% in the 4th quarter. Global Retirement Partners LLC now owns 883 shares of the company’s stock valued at $87,000 after buying an additional 113 shares in the last quarter. Kingswood Wealth Advisors LLC lifted its holdings in shares of 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 during the period. Gateway Advisory LLC boosted its position in shares of Church & Dwight by 4.4% during the 3rd quarter. Gateway Advisory LLC now owns 2,855 shares of the company’s stock worth $262,000 after acquiring an additional 120 shares in the last quarter. Finally, Sovereign Financial Group Inc. increased its stake in Church & Dwight by 0.7% in the first quarter. Sovereign Financial Group Inc. now owns 17,436 shares of the company’s stock valued at $1,819,000 after acquiring an additional 120 shares during the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Church & Dwight

In other Church & Dwight news, EVP Maynadier Patrick D. De sold 54,654 shares of the business’s stock in a transaction on Friday, June 14th. The shares were sold at an average price of $107.00, for a total transaction of $5,847,978.00. Following the sale, the executive vice president now owns 10,325 shares of the company’s stock, valued at approximately $1,104,775. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Church & Dwight news, Director Penry W. Price sold 7,752 shares of the business’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $105.47, for a total value of $817,603.44. Following the transaction, the director now owns 25,692 shares in the company, valued at $2,709,735.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Maynadier Patrick D. De sold 54,654 shares of the company’s stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $107.00, for a total value of $5,847,978.00. Following the transaction, the executive vice president now owns 10,325 shares of the company’s stock, valued at approximately $1,104,775. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 182,346 shares of company stock worth $19,465,948. Insiders own 2.00% of the company’s stock.

Church & Dwight Trading Down 0.3 %

CHD stock traded down $0.36 during midday trading on Friday, hitting $103.65. The stock had a trading volume of 6,988,946 shares, compared to its average volume of 1,309,887. Church & Dwight Co., Inc. has a 1-year low of $82.25 and a 1-year high of $110.31. 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 business has a fifty day moving average price of $106.79 and a two-hundred day moving average price of $101.82. The firm has a market cap of $25.34 billion, a P/E ratio of 33.01, a price-to-earnings-growth ratio of 3.41 and a beta of 0.51.

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

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th were given a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.10%. The ex-dividend date was Tuesday, May 14th. Church & Dwight’s dividend payout ratio is 35.87%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Evercore ISI upped their target price on Church & Dwight from $107.00 to $110.00 and gave the stock an “in-line” rating in a research note on Friday, May 3rd. Barclays reduced their price objective on Church & Dwight from $83.00 to $82.00 and set an “underweight” rating on the stock in a research note on Monday, May 6th. JPMorgan Chase & Co. lowered their target price on Church & Dwight from $98.00 to $97.00 and set an “underweight” rating for the company in a research note on Friday, May 3rd. Deutsche Bank Aktiengesellschaft raised their price target on shares of Church & Dwight from $109.00 to $112.00 and gave the company a “buy” rating in a research note on Monday, April 22nd. Finally, The Goldman Sachs Group assumed coverage on shares of Church & Dwight in a research report on Friday, March 1st. They set a “buy” rating and a $110.00 price objective for the company. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the company. According to MarketBeat, Church & Dwight has an average rating of “Hold” and a consensus target price of $106.65.

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.