Church & Dwight Co., Inc. (NYSE:CHD) Shares Purchased by Larson Financial Group LLC

Larson Financial Group LLC grew its position in Church & Dwight Co., Inc. (NYSE:CHD) by 5,536.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 4,509 shares of the company’s stock after acquiring an additional 4,429 shares during the quarter. Larson Financial Group LLC’s holdings in Church & Dwight were worth $426,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Simplicity Solutions LLC lifted its holdings in shares of Church & Dwight by 69.5% in the 4th quarter. Simplicity Solutions LLC now owns 26,257 shares of the company’s stock valued at $2,483,000 after buying an additional 10,762 shares during the period. Crown Oak Advisors LLC purchased a new position in shares of Church & Dwight during the 4th quarter worth approximately $10,142,000. Assenagon Asset Management S.A. raised its position in shares of Church & Dwight by 290.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 56,221 shares of the company’s stock worth $5,316,000 after purchasing an additional 41,804 shares during the last quarter. Schroder Investment Management Group grew its holdings in Church & Dwight by 1,474.7% during the 3rd quarter. Schroder Investment Management Group now owns 233,318 shares of the company’s stock valued at $21,379,000 after buying an additional 218,501 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale increased its position in Church & Dwight by 21.4% during the 4th quarter. DekaBank Deutsche Girozentrale now owns 109,150 shares of the company’s stock worth $10,213,000 after purchasing an additional 19,246 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Analysts Set New Price Targets

CHD has been the topic of several recent analyst reports. TheStreet raised shares of Church & Dwight from a “c+” rating to a “b” rating in a research note on Friday, February 2nd. Oppenheimer boosted their price objective on shares of Church & Dwight from $110.00 to $120.00 and gave the company an “outperform” rating in a research note on Tuesday. Argus upgraded Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 target price on the stock in a report on Friday, February 23rd. Royal Bank of Canada raised their price target on shares of Church & Dwight from $94.00 to $103.00 and gave the company a “sector perform” rating in a report on Monday, February 5th. Finally, UBS Group boosted their price objective on shares of Church & Dwight from $99.00 to $105.00 and gave the stock a “neutral” rating in a research note on Monday, February 5th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $104.07.

Church & Dwight Stock Performance

Shares of CHD stock opened at $106.68 on Wednesday. The firm has a market capitalization of $26.02 billion, a P/E ratio of 35.09, a P/E/G ratio of 3.52 and a beta of 0.53. Church & Dwight Co., Inc. has a 12 month low of $82.25 and a 12 month high of $107.42. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 0.64. The company’s fifty day moving average price is $102.34 and its two-hundred day moving average price is $96.83.

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

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were issued a $0.2838 dividend. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.27. This represents a $1.14 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend was Wednesday, February 14th. Church & Dwight’s payout ratio is currently 37.17%.

Insider Buying and Selling at Church & Dwight

In other news, EVP Michael Read sold 4,500 shares of Church & Dwight stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $105.00, for a total value of $472,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Church & Dwight news, EVP Michael Read sold 4,500 shares of the stock in a transaction on Monday, March 11th. The shares were sold at an average price of $105.00, for a total transaction of $472,500.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Rene Hemsey sold 9,280 shares of Church & Dwight stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $100.22, for a total transaction of $930,041.60. Following the completion of the transaction, the executive vice president now directly owns 6,373 shares of the company’s stock, valued at $638,702.06. 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 quarter. 1.40% of the stock is owned by corporate insiders.

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.