TRUE Private Wealth Advisors Increases Position in Church & Dwight Co., Inc. (NYSE:CHD)

TRUE Private Wealth Advisors grew its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 45.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,692 shares of the company’s stock after acquiring an additional 1,145 shares during the quarter. TRUE Private Wealth Advisors’ holdings in Church & Dwight were worth $349,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Chilton Capital Management LLC increased its holdings in shares of Church & Dwight by 50.0% in the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after acquiring an additional 110 shares during the period. Koesten Hirschmann & Crabtree INC. purchased a new position in shares of Church & Dwight in the 3rd quarter valued at $38,000. PSI Advisors LLC acquired a new stake in shares of Church & Dwight in the 3rd quarter worth $39,000. Money Concepts Capital Corp boosted its position in shares of Church & Dwight by 468.2% in the 4th quarter. Money Concepts Capital Corp now owns 625 shares of the company’s stock worth $50,000 after purchasing an additional 515 shares in the last quarter. Finally, McGlone Suttner Wealth Management Inc. acquired a new stake in shares of Church & Dwight in the 4th quarter worth $62,000. 86.60% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Church & Dwight news, EVP Barry A. Bruno sold 9,926 shares of the company’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the transaction, the executive vice president now directly owns 4,319 shares in the company, valued at $451,551.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, EVP Michael Read sold 4,500 shares of the company’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $105.00, for a total transaction of $472,500.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Barry A. Bruno sold 9,926 shares of the company’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $104.55, for a total value of $1,037,763.30. Following the sale, the executive vice president now directly owns 4,319 shares in the company, valued at approximately $451,551.45. The disclosure for this sale can be found here. Insiders have sold 373,052 shares of company stock worth $38,603,796 over the last ninety days. Corporate insiders own 2.00% of the company’s stock.

Church & Dwight Trading Up 0.2 %

CHD opened at $103.45 on Thursday. Church & Dwight Co., Inc. has a one year low of $82.25 and a one year high of $105.67. The stock has a market capitalization of $25.23 billion, a PE ratio of 34.03, a P/E/G ratio of 3.43 and a beta of 0.53. The business’s 50 day moving average price is $101.84 and its 200 day moving average price is $96.36. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.64 and a current ratio of 1.08.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Friday, February 2nd. The company reported $0.65 EPS for the quarter, hitting analysts’ consensus estimates of $0.65. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The company had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.51 billion. During the same period in the prior year, the firm earned $0.62 earnings per share. The firm’s revenue was up 6.4% compared to the same quarter last year. As a group, equities research analysts expect that Church & Dwight Co., Inc. will post 3.44 EPS for the current year.

Church & Dwight Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were paid a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a yield of 1.10%. This is a boost from Church & Dwight’s previous quarterly dividend of $0.27. The ex-dividend date was Wednesday, February 14th. Church & Dwight’s dividend payout ratio is 37.17%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on CHD. The Goldman Sachs Group began 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. JPMorgan Chase & Co. raised their price objective on Church & Dwight from $87.00 to $95.00 and gave the stock an “underweight” rating in a research report on Thursday, January 18th. UBS Group raised their price objective on Church & Dwight from $99.00 to $105.00 and gave the stock a “neutral” rating in a research report on Monday, February 5th. Oppenheimer lifted their price target on Church & Dwight from $107.00 to $110.00 and gave the stock an “outperform” rating in a research report on Monday, February 5th. Finally, 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. Three analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $103.27.

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.