Church & Dwight Co., Inc. (NYSE:CHD) Position Trimmed by Retirement Systems of Alabama

Retirement Systems of Alabama reduced its stake in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 2.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 54,300 shares of the company’s stock after selling 1,333 shares during the quarter. Retirement Systems of Alabama’s holdings in Church & Dwight were worth $5,135,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CHD. Chilton Capital Management LLC increased its stake in shares of Church & Dwight by 50.0% in the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after acquiring an additional 110 shares during the last quarter. Annapolis Financial Services LLC lifted its holdings in shares of Church & Dwight by 2,087.5% during the 4th quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock valued at $33,000 after buying an additional 334 shares during the last quarter. Koesten Hirschmann & Crabtree INC. bought a new stake in shares of Church & Dwight in the 3rd quarter valued at approximately $38,000. McGlone Suttner Wealth Management Inc. acquired a new position in Church & Dwight in the fourth quarter worth approximately $62,000. Finally, Livforsakringsbolaget Skandia Omsesidigt raised its position in Church & Dwight by 74.7% during the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 685 shares of the company’s stock valued at $65,000 after acquiring an additional 293 shares in the last quarter. 86.60% of the stock is owned by hedge funds and other institutional investors.

Church & Dwight Stock Up 0.2 %

Shares of NYSE CHD opened at $106.11 on Monday. Church & Dwight Co., Inc. has a 12-month low of $82.25 and a 12-month high of $108.68. The firm’s 50-day simple moving average is $103.68 and its 200 day simple moving average is $97.88. The company has a quick ratio of 0.82, a current ratio of 1.33 and a debt-to-equity ratio of 0.54. The company has a market cap of $25.95 billion, a price-to-earnings ratio of 33.69, a price-to-earnings-growth ratio of 3.53 and a beta of 0.51.

Church & Dwight (NYSE:CHD) last announced its earnings results on Thursday, May 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.10. The company had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.49 billion. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. Church & Dwight’s quarterly revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.85 earnings per share. On average, research analysts expect that Church & Dwight Co., Inc. will post 3.46 earnings per share for the current fiscal year.

Church & Dwight Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 1.07%. Church & Dwight’s payout ratio is presently 35.87%.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Evercore ISI increased their price target on shares of Church & Dwight from $107.00 to $110.00 and gave the stock an “in-line” rating in a research note on Friday. Bank of America raised their price objective on Church & Dwight from $100.00 to $104.00 and gave the company a “neutral” rating in a research note on Monday, April 15th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Church & Dwight from $109.00 to $112.00 and gave the stock a “buy” rating in a report on Monday, April 22nd. Oppenheimer lifted their target price on shares of Church & Dwight from $110.00 to $120.00 and gave the stock an “outperform” rating in a report on Tuesday, April 23rd. Finally, UBS Group upped their price target on shares of Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a report on Monday, February 5th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $105.63.

Insider Activity

In related news, Director Penry W. Price sold 7,752 shares of the stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $98.29, for a total value of $761,944.08. Following the transaction, the director now directly owns 25,692 shares in the company, valued at $2,525,266.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, Director Penry W. Price sold 7,752 shares of the company’s stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $98.29, for a total value of $761,944.08. Following the completion of the sale, the director now owns 25,692 shares in the company, valued at $2,525,266.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Barry A. Bruno sold 9,926 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president now owns 4,319 shares in the company, valued at approximately $451,551.45. The disclosure for this sale can be found here. In the last quarter, insiders have sold 373,052 shares of company stock valued at $38,603,796. 1.40% of the stock is currently owned by insiders.

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.