Savant Capital LLC Purchases 223 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Savant Capital LLC increased its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 7.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,327 shares of the company’s stock after acquiring an additional 223 shares during the quarter. Savant Capital LLC’s holdings in Church & Dwight were worth $315,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of Church & Dwight by 0.5% during the third quarter. Vanguard Group Inc. now owns 29,910,126 shares of the company’s stock valued at $2,740,665,000 after acquiring an additional 145,390 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in Church & Dwight by 2.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,200,426 shares of the company’s stock valued at $751,405,000 after purchasing an additional 217,047 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Church & Dwight by 89.1% in the third quarter. JPMorgan Chase & Co. now owns 6,027,312 shares of the company’s stock worth $552,283,000 after buying an additional 2,839,783 shares during the last quarter. Stifel Financial Corp lifted its stake in shares of Church & Dwight by 0.7% during the third quarter. Stifel Financial Corp now owns 4,310,580 shares of the company’s stock worth $394,982,000 after buying an additional 29,943 shares during the period. Finally, Morgan Stanley grew its holdings in shares of Church & Dwight by 1.9% during the third quarter. Morgan Stanley now owns 3,291,982 shares of the company’s stock valued at $301,645,000 after buying an additional 61,090 shares during the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Rene Hemsey sold 9,280 shares of the firm’s 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 sale, the executive vice president now directly owns 6,373 shares in the company, valued at $638,702.06. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other Church & Dwight news, EVP Rene Hemsey sold 9,280 shares of the firm’s stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $100.22, for a total transaction of $930,041.60. Following the completion of the sale, the executive vice president now owns 6,373 shares of the company’s stock, valued at $638,702.06. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Richard A. Dierker sold 24,380 shares of the stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $103.61, for a total value of $2,526,011.80. Following the transaction, the chief financial officer now owns 7,634 shares of the company’s stock, valued at $790,958.74. The disclosure for this sale can be found here. Insiders sold 373,052 shares of company stock valued at $38,603,796 in the last three months. 1.40% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of analysts have commented on the company. Oppenheimer lifted their price target on Church & Dwight from $110.00 to $120.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 23rd. 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 research note on Friday, March 1st. They set a “buy” rating and a $110.00 price objective for the company. Royal Bank of Canada raised their target price on shares of Church & Dwight from $94.00 to $103.00 and gave the stock a “sector perform” rating in a report on Monday, February 5th. Finally, Stifel Nicolaus upped their price target on shares of Church & Dwight from $91.00 to $99.00 and gave the company a “hold” 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 issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $105.56.

Church & Dwight Stock Down 0.7 %

NYSE CHD opened at $105.41 on Tuesday. Church & Dwight Co., Inc. has a one year low of $82.25 and a one year high of $108.68. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.82 and a current ratio of 1.33. The business has a fifty day moving average price of $103.78 and a 200 day moving average price of $97.99. The company has a market cap of $25.77 billion, a P/E ratio of 33.46, a P/E/G ratio of 3.53 and a beta of 0.51.

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

Church & Dwight Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be issued a $0.2838 dividend. This represents a $1.14 annualized dividend and a yield of 1.08%. The ex-dividend date is Tuesday, May 14th. Church & Dwight’s payout ratio is currently 35.87%.

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.