Aveo Capital Partners LLC Acquires Shares of 3,934 Church & Dwight Co., Inc. (NYSE:CHD)

Aveo Capital Partners LLC acquired a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,934 shares of the company’s stock, valued at approximately $412,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Manchester Capital Management LLC boosted its holdings in Church & Dwight by 7.7% during the fourth quarter. Manchester Capital Management LLC now owns 3,124 shares of the company’s stock valued at $327,000 after purchasing an additional 223 shares in the last quarter. Littlejohn Financial Services Inc. acquired a new position in shares of Church & Dwight in the 4th quarter worth approximately $1,811,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of Church & Dwight in the 4th quarter worth approximately $4,949,000. Certuity LLC acquired a new position in shares of Church & Dwight in the 4th quarter worth approximately $402,000. Finally, Portfolio Design Labs LLC boosted its holdings in shares of Church & Dwight by 31.2% in the 4th quarter. Portfolio Design Labs LLC now owns 29,313 shares of the company’s stock worth $3,069,000 after acquiring an additional 6,978 shares in the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CHD has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft boosted their target price on Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, November 4th. JPMorgan Chase & Co. boosted their target price on Church & Dwight from $99.00 to $107.00 and gave the stock an “underweight” rating in a report on Thursday, January 16th. Stifel Nicolaus boosted their target price on Church & Dwight from $103.00 to $105.00 and gave the stock a “hold” rating in a report on Monday, February 3rd. Barclays boosted their target price on Church & Dwight from $90.00 to $93.00 and gave the stock an “underweight” rating in a report on Tuesday, February 4th. Finally, TD Cowen upped their price objective on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $111.53.

Church & Dwight Stock Performance

Shares of Church & Dwight stock opened at $105.12 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. Church & Dwight Co., Inc. has a 52 week low of $96.35 and a 52 week high of $113.50. The firm has a fifty day moving average of $105.48 and a two-hundred day moving average of $104.51. The stock has a market capitalization of $25.75 billion, a price-to-earnings ratio of 44.36, a PEG ratio of 3.35 and a beta of 0.59.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Friday, January 31st. The company reported $0.77 EPS for the quarter, meeting analysts’ consensus estimates of $0.77. Church & Dwight had a net margin of 9.58% and a return on equity of 20.03%. During the same period in the previous year, the company posted $0.65 earnings per share. As a group, equities research analysts predict that Church & Dwight Co., Inc. will post 3.7 EPS for the current year.

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a $0.295 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 1.12%. This is a boost from Church & Dwight’s previous quarterly dividend of $0.28. Church & Dwight’s dividend payout ratio is currently 47.68%.

Insider Activity at Church & Dwight

In related news, EVP Michael Read bought 1,100 shares of Church & Dwight stock in a transaction that occurred on Monday, December 16th. The stock was purchased at an average cost of $106.82 per share, with a total value of $117,502.00. Following the purchase, the executive vice president now owns 2,505 shares in the company, valued at approximately $267,584.10. This trade represents a 78.29 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Maynadier Patrick D. De sold 45,120 shares of the company’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $112.19, for a total transaction of $5,062,012.80. Following the completion of the transaction, the executive vice president now directly owns 10,325 shares of the company’s stock, valued at approximately $1,158,361.75. The trade was a 81.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 102,422 shares of company stock worth $11,424,351 in the last quarter. Corporate insiders own 2.00% of the company’s stock.

Church & Dwight Profile

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.