Trillium Asset Management LLC Decreases Position in Church & Dwight Co., Inc. (NYSE:CHD)

Trillium Asset Management LLC decreased its position in Church & Dwight Co., Inc. (NYSE:CHD) by 88.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,137 shares of the company’s stock after selling 40,934 shares during the period. Trillium Asset Management LLC’s holdings in Church & Dwight were worth $486,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fifth Third Bancorp raised its stake in Church & Dwight by 2.0% in the 3rd quarter. Fifth Third Bancorp now owns 14,054 shares of the company’s stock valued at $1,288,000 after acquiring an additional 271 shares during the period. Teacher Retirement System of Texas raised its position in shares of Church & Dwight by 2.6% in the third quarter. Teacher Retirement System of Texas now owns 18,925 shares of the company’s stock valued at $1,734,000 after purchasing an additional 471 shares during the period. New Mexico Educational Retirement Board lifted its stake in shares of Church & Dwight by 7.6% during the 3rd quarter. New Mexico Educational Retirement Board now owns 12,700 shares of the company’s stock valued at $1,164,000 after buying an additional 900 shares in the last quarter. Daiwa Securities Group Inc. boosted its holdings in Church & Dwight by 6.4% in the 3rd quarter. Daiwa Securities Group Inc. now owns 20,355 shares of the company’s stock worth $1,865,000 after buying an additional 1,223 shares during the period. Finally, M&T Bank Corp grew its stake in Church & Dwight by 60.0% in the 3rd quarter. M&T Bank Corp now owns 224,723 shares of the company’s stock valued at $20,592,000 after buying an additional 84,300 shares in the last quarter. 86.60% of the stock is owned by institutional investors.

Church & Dwight Trading Down 0.3 %

Shares of Church & Dwight stock traded down $0.29 during trading on Friday, reaching $106.39. The company’s stock had a trading volume of 829,712 shares, compared to its average volume of 1,174,518. The company has a market cap of $26.01 billion, a price-to-earnings ratio of 33.77, a PEG ratio of 3.48 and a beta of 0.51. The firm’s 50-day moving average is $104.75 and its two-hundred day moving average is $98.88. Church & Dwight Co., Inc. has a 52-week low of $82.25 and a 52-week high of $108.68. The company has a quick ratio of 0.82, a current ratio of 1.33 and a debt-to-equity ratio of 0.54.

Church & Dwight (NYSE:CHD) last released its quarterly earnings data on Thursday, May 2nd. The company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.86 by $0.10. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.49 billion. Church & Dwight had a return on equity of 20.35% and a net margin of 13.13%. The company’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the business 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 year.

Church & Dwight Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be given a dividend of $0.2838 per share. The ex-dividend date is Tuesday, May 14th. This represents a $1.14 annualized dividend and a yield of 1.07%. Church & Dwight’s payout ratio is currently 35.87%.

Insider Buying and Selling at Church & Dwight

In other news, EVP Barry A. Bruno sold 9,926 shares of the company’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total transaction of $1,037,763.30. Following the completion of the transaction, the executive vice president now directly owns 4,319 shares of the company’s stock, valued at $451,551.45. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CEO Matthew Farrell sold 275,000 shares of Church & Dwight stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $103.83, for a total value of $28,553,250.00. Following the sale, the chief executive officer now directly owns 112,719 shares in the company, valued at approximately $11,703,613.77. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Barry A. Bruno sold 9,926 shares of the company’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total value of $1,037,763.30. Following the transaction, the executive vice president now owns 4,319 shares of the company’s stock, valued at approximately $451,551.45. The disclosure for this sale can be found here. Insiders sold 376,972 shares of company stock valued at $39,133,366 in the last quarter. Company insiders own 2.00% of the company’s stock.

Wall Street Analyst Weigh In

CHD has been the subject of a number of analyst reports. Evercore ISI raised their price target on Church & Dwight from $107.00 to $110.00 and gave the stock an “in-line” rating in a report on Friday, May 3rd. The Goldman Sachs Group initiated coverage on Church & Dwight in a report on Friday, March 1st. They set a “buy” rating and a $110.00 target price for the company. TheStreet raised shares of Church & Dwight from a “c+” rating to a “b” rating in a report on Friday, February 2nd. Royal Bank of Canada boosted their price objective on shares of Church & Dwight from $94.00 to $103.00 and gave the company a “sector perform” rating in a research note on Monday, February 5th. Finally, HSBC increased their target price on shares of Church & Dwight from $110.00 to $114.00 and gave the stock a “hold” rating in a research note on Friday, May 3rd. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $105.56.

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.