Calton & Associates Inc. Sells 2,060 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Calton & Associates Inc. lessened its holdings in Church & Dwight Co., Inc. (NYSE:CHD) by 32.9% during the 1st quarter, HoldingsChannel.com reports. The fund owned 4,203 shares of the company’s stock after selling 2,060 shares during the period. Calton & Associates Inc.’s holdings in Church & Dwight were worth $438,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Game Plan Financial Advisors LLC purchased a new position in Church & Dwight in the 1st quarter worth about $26,000. Chilton Capital Management LLC raised its stake 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 acquiring an additional 110 shares in the last quarter. Roble Belko & Company Inc purchased a new stake in shares of Church & Dwight in the first quarter valued at approximately $31,000. Creekmur Asset Management LLC bought a new position in Church & Dwight in the fourth quarter worth approximately $32,000. Finally, Annapolis Financial Services LLC increased its holdings 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. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Insider Transactions at Church & Dwight

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

Church & Dwight Price Performance

NYSE:CHD traded down $0.36 during trading hours on Friday, reaching $103.65. 6,988,946 shares of the company were exchanged, compared to its average volume of 1,309,887. The firm has a market cap of $25.34 billion, a PE ratio of 32.90, a price-to-earnings-growth ratio of 3.41 and a beta of 0.51. The stock’s 50-day moving average is $106.79 and its 200-day moving average is $101.90. 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 twelve month low of $82.25 and a twelve month high of $110.31.

Church & Dwight (NYSE:CHD) last released its 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. The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.49 billion. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.85 earnings per share. On average, sell-side analysts anticipate that Church & Dwight Co., Inc. will post 3.46 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on CHD shares. BNP Paribas started coverage on Church & Dwight in a research report on Monday. They set a “neutral” rating and a $114.00 price target on the stock. Argus boosted their price target on shares of Church & Dwight from $115.00 to $125.00 and gave the company a “buy” rating in a report on Tuesday, June 11th. HSBC increased their price objective on shares of Church & Dwight from $110.00 to $114.00 and gave the company a “hold” rating in a research note on Friday, May 3rd. The Goldman Sachs Group assumed coverage on shares of Church & Dwight in a research note on Friday, March 1st. They issued a “buy” rating and a $110.00 price objective for the company. Finally, Oppenheimer increased their target price 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 research analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $106.65.

Church & Dwight Profile

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.