Church & Dwight Co., Inc. (NYSE:CHD) Shares Acquired by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund increased its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 13.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 102,528 shares of the company’s stock after purchasing an additional 12,478 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Church & Dwight were worth $9,695,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Chilton Capital Management LLC lifted its holdings in Church & Dwight by 50.0% in the 4th quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after acquiring an additional 110 shares during the last quarter. Annapolis Financial Services LLC lifted its holdings in Church & Dwight by 2,087.5% in the 4th quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock valued at $33,000 after acquiring an additional 334 shares during the last quarter. Koesten Hirschmann & Crabtree INC. acquired a new stake in Church & Dwight in the 3rd quarter valued at about $38,000. McGlone Suttner Wealth Management Inc. acquired a new stake in Church & Dwight in the 4th quarter valued at about $62,000. Finally, Livforsakringsbolaget Skandia Omsesidigt lifted its holdings in Church & Dwight by 74.7% in the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 685 shares of the company’s stock valued at $65,000 after acquiring an additional 293 shares during the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

Insiders Place Their Bets

In other Church & Dwight news, EVP Rene Hemsey sold 9,280 shares of the company’s stock in a transaction that occurred 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, EVP Rene Hemsey sold 9,280 shares of the stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $100.22, for a total value of $930,041.60. Following the completion of the sale, the executive vice president now directly owns 6,373 shares of the company’s stock, valued at $638,702.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Barry A. Bruno sold 9,926 shares of the stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $104.55, for a total value of $1,037,763.30. Following the completion of the sale, the executive vice president now directly owns 4,319 shares of the company’s stock, valued at $451,551.45. The disclosure for this sale can be found here. Insiders sold 373,052 shares of company stock valued at $38,603,796 over the last 90 days. 1.40% of the stock is currently owned by company insiders.

Church & Dwight Price Performance

Shares of CHD opened at $106.68 on Wednesday. The company has a market capitalization of $26.02 billion, a price-to-earnings ratio of 35.09, a P/E/G ratio of 3.52 and a beta of 0.53. The business’s 50-day moving average is $102.34 and its 200-day moving average is $96.83. Church & Dwight Co., Inc. has a fifty-two week low of $82.25 and a fifty-two week high of $107.42. 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 (NYSE:CHD) last announced its quarterly earnings results on Friday, February 2nd. The company reported $0.65 EPS for the quarter, meeting the consensus estimate of $0.65. The business had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.51 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.62 EPS. Equities research analysts expect that Church & Dwight Co., Inc. will post 3.44 EPS for the current fiscal year.

Church & Dwight Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were given a dividend of $0.2838 per share. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $1.14 dividend on an annualized basis and a yield of 1.06%. This is a boost from Church & Dwight’s previous quarterly dividend of $0.27. Church & Dwight’s dividend payout ratio is presently 37.17%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. The Goldman Sachs Group assumed coverage on shares of Church & Dwight in a report on Friday, March 1st. They issued a “buy” rating and a $110.00 price target for the company. Bank of America boosted their price objective on Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a report on Monday, April 15th. UBS Group boosted their price objective on Church & Dwight from $99.00 to $105.00 and gave the stock a “neutral” rating in a report on Monday, February 5th. Argus upgraded 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. Finally, JPMorgan Chase & Co. boosted their price objective on Church & Dwight from $87.00 to $95.00 and gave the stock an “underweight” rating in a report on Thursday, January 18th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $104.07.

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.