LVM Capital Management Ltd. MI Sells 296 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

LVM Capital Management Ltd. MI lessened its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 8.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,100 shares of the company’s stock after selling 296 shares during the quarter. LVM Capital Management Ltd. MI’s holdings in Church & Dwight were worth $311,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sei Investments Co. boosted its holdings in Church & Dwight by 11.7% during the 1st quarter. Sei Investments Co. now owns 148,186 shares of the company’s stock worth $14,670,000 after acquiring an additional 15,509 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in Church & Dwight by 27.8% during the 1st quarter. Sequoia Financial Advisors LLC now owns 3,078 shares of the company’s stock worth $306,000 after acquiring an additional 670 shares during the last quarter. Candriam Luxembourg S.C.A. boosted its holdings in Church & Dwight by 226.2% during the 1st quarter. Candriam Luxembourg S.C.A. now owns 55,918 shares of the company’s stock worth $5,557,000 after acquiring an additional 38,777 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in Church & Dwight by 119.2% during the 1st quarter. Baird Financial Group Inc. now owns 22,674 shares of the company’s stock worth $2,253,000 after acquiring an additional 12,328 shares during the last quarter. Finally, Brown Brothers Harriman & Co. boosted its holdings in Church & Dwight by 54.6% during the 1st quarter. Brown Brothers Harriman & Co. now owns 1,702 shares of the company’s stock worth $169,000 after acquiring an additional 601 shares during the last quarter. Institutional investors own 82.79% of the company’s stock.

Insider Buying and Selling

In related news, CFO Richard A. Dierker sold 90,000 shares of the company’s stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $95.80, for a total value of $8,622,000.00. Following the transaction, the chief financial officer now directly owns 7,544 shares in the company, valued at $722,715.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Church & Dwight news, CFO Richard A. Dierker sold 90,000 shares of the stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $95.80, for a total transaction of $8,622,000.00. Following the transaction, the chief financial officer now directly owns 7,544 shares in the company, valued at $722,715.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Matthew Farrell sold 1,280 shares of the stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $97.07, for a total transaction of $124,249.60. Following the transaction, the chief executive officer now owns 112,444 shares in the company, valued at $10,914,939.08. The disclosure for this sale can be found here. Over the last three months, insiders have sold 258,348 shares of company stock worth $24,793,650. Insiders own 2.00% of the company’s stock.

Church & Dwight Price Performance

Shares of CHD traded up $0.13 during midday trading on Friday, hitting $95.73. 402,965 shares of the company traded hands, compared to its average volume of 1,395,572. The stock has a 50-day moving average of $95.92 and a 200-day moving average of $93.32. Church & Dwight Co., Inc. has a one year low of $70.16 and a one year high of $100.52. The firm has a market cap of $23.55 billion, a P/E ratio of 53.12, a PEG ratio of 3.85 and a beta of 0.47. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.41 and a quick ratio of 0.80.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, July 28th. The company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.13. The company had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.42 billion. Church & Dwight had a net margin of 7.93% and a return on equity of 21.12%. Church & Dwight’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.76 earnings per share. As a group, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.17 EPS for the current fiscal year.

Church & Dwight Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Investors of record on Tuesday, August 15th were given a $0.2725 dividend. This represents a $1.09 annualized dividend and a dividend yield of 1.14%. The ex-dividend date of this dividend was Monday, August 14th. Church & Dwight’s dividend payout ratio (DPR) is 60.56%.

Wall Street Analyst Weigh In

CHD has been the topic of a number of analyst reports. Jefferies Financial Group lifted their price objective on shares of Church & Dwight from $111.00 to $113.00 in a report on Wednesday, June 21st. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Church & Dwight from $107.00 to $110.00 and gave the stock a “buy” rating in a report on Monday, July 31st. Morgan Stanley boosted their price target on shares of Church & Dwight from $106.00 to $114.00 and gave the stock an “overweight” rating in a report on Monday, July 31st. Stifel Nicolaus boosted their price target on shares of Church & Dwight from $95.00 to $97.00 and gave the stock a “hold” rating in a report on Monday, July 31st. Finally, Barclays boosted their price target on shares of Church & Dwight from $78.00 to $82.00 and gave the stock an “underweight” rating in a report on Tuesday, August 1st. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Church & Dwight has an average rating of “Hold” and an average target price of $93.31.

Church & Dwight Company 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.