Kingswood Wealth Advisors LLC Takes $456,000 Position in Church & Dwight Co., Inc. (NYSE:CHD)

Kingswood Wealth Advisors LLC acquired a new stake in Church & Dwight Co., Inc. (NYSE:CHD) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 4,825 shares of the company’s stock, valued at approximately $456,000.

A number of other institutional investors also recently modified their holdings of CHD. Gateway Advisory LLC boosted its stake in Church & Dwight by 4.4% during the third quarter. Gateway Advisory LLC now owns 2,855 shares of the company’s stock worth $262,000 after acquiring an additional 120 shares in the last quarter. Veritable L.P. boosted its stake in Church & Dwight by 1.6% during the first quarter. Veritable L.P. now owns 7,718 shares of the company’s stock worth $682,000 after acquiring an additional 122 shares in the last quarter. Sunbelt Securities Inc. boosted its stake in Church & Dwight by 2.0% during the second quarter. Sunbelt Securities Inc. now owns 6,443 shares of the company’s stock worth $646,000 after acquiring an additional 124 shares in the last quarter. Drive Wealth Management LLC boosted its stake in Church & Dwight by 6.9% during the third quarter. Drive Wealth Management LLC now owns 2,234 shares of the company’s stock worth $205,000 after acquiring an additional 145 shares in the last quarter. Finally, Capstone Triton Financial Group LLC boosted its stake in Church & Dwight by 1.3% during the third quarter. Capstone Triton Financial Group LLC now owns 11,435 shares of the company’s stock worth $1,048,000 after acquiring an additional 146 shares in the last quarter. 86.60% of the stock is owned by institutional investors.

Church & Dwight Stock Performance

Shares of CHD stock opened at $104.22 on Thursday. The firm has a 50-day moving average of $100.64 and a 200-day moving average of $95.41. The company has a market cap of $25.42 billion, a P/E ratio of 34.28, a P/E/G ratio of 3.54 and a beta of 0.53. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 0.64. Church & Dwight Co., Inc. has a one year low of $82.25 and a one year high of $105.67.

Church & Dwight (NYSE:CHD) last announced its earnings results on Friday, February 2nd. The company reported $0.65 EPS for the quarter, meeting the consensus estimate of $0.65. Church & Dwight had a net margin of 12.88% and a return on equity of 20.28%. The company had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the prior year, the company posted $0.62 earnings per share. The firm’s revenue for the quarter was up 6.4% on a year-over-year basis. Equities research analysts forecast that Church & Dwight Co., Inc. will post 3.43 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were issued a dividend of $0.2838 per share. This represents a $1.14 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date was Wednesday, February 14th. This is an increase from Church & Dwight’s previous quarterly dividend of $0.27. Church & Dwight’s dividend payout ratio (DPR) is 37.17%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Oppenheimer increased their target price on shares of Church & Dwight from $107.00 to $110.00 and gave the stock an “outperform” rating in a research note on Monday, February 5th. UBS Group increased their target price 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. TheStreet upgraded shares of Church & Dwight from a “c+” rating to a “b” rating in a report on Friday, February 2nd. The Goldman Sachs Group assumed coverage on shares of Church & Dwight in a report on Friday, March 1st. They set a “buy” rating and a $110.00 price objective on the stock. Finally, Argus upgraded shares of Church & Dwight from a “hold” rating to a “buy” rating and set a $115.00 price objective on the stock in a report on Friday, February 23rd. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $102.80.

Insider Buying and Selling

In related news, CEO Matthew Farrell sold 275,000 shares of the firm’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $103.83, for a total transaction of $28,553,250.00. Following the completion of the sale, the chief executive officer now owns 112,719 shares in the company, valued at $11,703,613.77. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Church & Dwight news, EVP Barry A. Bruno sold 9,926 shares of the 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 owns 4,319 shares in the company, valued at $451,551.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Matthew Farrell sold 275,000 shares of the stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $103.83, for a total transaction of $28,553,250.00. Following the transaction, the chief executive officer now owns 112,719 shares of the company’s stock, valued at approximately $11,703,613.77. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 373,052 shares of company stock worth $38,603,796. Insiders own 2.00% of the company’s stock.

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.