Church & Dwight Co., Inc. (NYSE:CHD) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP cut its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 0.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,040,567 shares of the company’s stock after selling 4,032 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.42% of Church & Dwight worth $98,393,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Chilton Capital Management LLC boosted its holdings in Church & Dwight by 50.0% during the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock worth $31,000 after buying an additional 110 shares in the last quarter. Global Retirement Partners LLC raised its stake in shares of Church & Dwight by 14.7% during the 4th quarter. Global Retirement Partners LLC now owns 883 shares of the company’s stock worth $87,000 after buying an additional 113 shares during the period. Gateway Advisory LLC lifted its position in shares of Church & Dwight by 4.4% during the 3rd quarter. Gateway Advisory LLC now owns 2,855 shares of the company’s stock valued at $262,000 after buying an additional 120 shares in the last quarter. Sunbelt Securities Inc. grew its stake in Church & Dwight by 2.1% in the 3rd quarter. Sunbelt Securities Inc. now owns 6,580 shares of the company’s stock valued at $603,000 after acquiring an additional 137 shares during the period. Finally, Czech National Bank increased its holdings in Church & Dwight by 0.3% in the 4th quarter. Czech National Bank now owns 43,152 shares of the company’s stock worth $4,080,000 after acquiring an additional 149 shares in the last quarter. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Insider Activity at Church & Dwight

In other Church & Dwight news, CEO Matthew Farrell sold 275,000 shares of the firm’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $103.83, for a total value of $28,553,250.00. Following the completion of the transaction, the chief executive officer now owns 112,719 shares of the company’s stock, valued at approximately $11,703,613.77. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CFO Richard A. Dierker sold 24,380 shares of Church & Dwight stock in a transaction dated 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 completion of the transaction, the chief financial officer now owns 7,634 shares in the company, valued at approximately $790,958.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Matthew Farrell sold 275,000 shares of the company’s stock in a transaction that occurred on 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 sale, the chief executive officer now owns 112,719 shares in the company, valued at $11,703,613.77. The disclosure for this sale can be found here. Over the last quarter, insiders sold 376,972 shares of company stock worth $39,133,366. Corporate insiders own 1.40% of the company’s stock.

Church & Dwight Stock Performance

Shares of CHD stock opened at $107.06 on Wednesday. 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 firm has a market cap of $26.18 billion, a P/E ratio of 33.99, a P/E/G ratio of 3.47 and a beta of 0.51. The firm’s 50 day moving average price is $104.85 and its 200-day moving average price is $99.24. Church & Dwight Co., Inc. has a one year low of $82.25 and a one year high of $108.68.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Thursday, May 2nd. The company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.86 by $0.10. The business had revenue of $1.50 billion during the quarter, compared to analyst estimates 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 period last year, the business posted $0.85 earnings per share. As a group, equities research analysts predict that Church & Dwight Co., Inc. will post 3.46 EPS for the current year.

Church & Dwight Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th will be paid a $0.2838 dividend. This represents a $1.14 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend is Tuesday, May 14th. Church & Dwight’s payout ratio is 35.87%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Church & Dwight from $109.00 to $112.00 and gave the company a “buy” rating in a research report on Monday, April 22nd. Royal Bank of Canada upped 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. Evercore ISI increased their target price on shares of Church & Dwight from $107.00 to $110.00 and gave the company an “in-line” rating in a research report on Friday, May 3rd. The Goldman Sachs Group assumed coverage on shares of Church & Dwight in a research report on Friday, March 1st. They set a “buy” rating and a $110.00 price target on the stock. Finally, JPMorgan Chase & Co. cut their price objective on shares of Church & Dwight from $98.00 to $97.00 and set an “underweight” rating for the company in a report on Friday, May 3rd. 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. According to data from MarketBeat, Church & Dwight has an average rating of “Hold” and an average price target of $105.56.

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.