Church & Dwight Co., Inc. (NYSE:CHD) Shares Purchased by Intrust Bank NA

Intrust Bank NA lifted its position in Church & Dwight Co., Inc. (NYSE:CHD) by 5.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,960 shares of the company’s stock after buying an additional 559 shares during the period. Intrust Bank NA’s holdings in Church & Dwight were worth $1,036,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. JPMorgan Chase & Co. raised its position in Church & Dwight by 89.1% during the third quarter. JPMorgan Chase & Co. now owns 6,027,312 shares of the company’s stock valued at $552,283,000 after acquiring an additional 2,839,783 shares in the last quarter. HighTower Advisors LLC boosted its holdings in shares of Church & Dwight by 99.6% during the 3rd quarter. HighTower Advisors LLC now owns 526,591 shares of the company’s stock worth $48,224,000 after buying an additional 262,801 shares during the period. Schroder Investment Management Group grew its stake in Church & Dwight by 1,474.7% in the 3rd quarter. Schroder Investment Management Group now owns 233,318 shares of the company’s stock valued at $21,379,000 after buying an additional 218,501 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position 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 worth $751,405,000 after acquiring an additional 217,047 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its holdings in Church & Dwight by 62.0% during the third quarter. Robeco Institutional Asset Management B.V. now owns 538,184 shares of the company’s stock valued at $49,314,000 after acquiring an additional 205,983 shares during the period. Hedge funds and other institutional investors own 86.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on CHD. Oppenheimer increased their target price on Church & Dwight from $110.00 to $120.00 and gave the company an “outperform” rating in a research note on Tuesday, April 23rd. 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 research note on Friday, February 23rd. JPMorgan Chase & Co. boosted their price objective on shares of Church & Dwight from $87.00 to $95.00 and gave the stock an “underweight” rating in a report on Thursday, January 18th. Stifel Nicolaus upped their target price on shares of Church & Dwight from $91.00 to $99.00 and gave the company a “hold” rating in a research note on Monday, February 5th. Finally, Royal Bank of Canada increased their target price on shares of Church & Dwight from $94.00 to $103.00 and gave the stock a “sector perform” rating in a research report on Monday, February 5th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $104.07.

Insider Buying and Selling

In other news, Director Penry W. Price sold 7,752 shares of the firm’s stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $98.29, for a total transaction of $761,944.08. Following the completion of the sale, the director now owns 25,692 shares of the company’s stock, valued at approximately $2,525,266.68. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other Church & Dwight news, EVP Michael Read sold 9,000 shares of the business’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $100.95, for a total value of $908,550.00. Following the transaction, the executive vice president now directly owns 10,325 shares in the company, valued at $1,042,308.75. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Penry W. Price sold 7,752 shares of the stock in a transaction on Friday, February 9th. The stock was sold at an average price of $98.29, for a total value of $761,944.08. Following the sale, the director now owns 25,692 shares in the company, valued at approximately $2,525,266.68. 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 quarter. Insiders own 1.40% of the company’s stock.

Church & Dwight Price Performance

NYSE:CHD traded up $0.19 during mid-day trading on Tuesday, reaching $107.10. The stock had a trading volume of 39,528 shares, compared to its average volume of 1,262,804. The stock has a 50-day simple moving average of $103.10 and a two-hundred day simple moving average of $97.38. The stock has a market capitalization of $26.12 billion, a PE ratio of 35.17, a P/E/G ratio of 3.55 and a beta of 0.53. Church & Dwight Co., Inc. has a 12 month low of $82.25 and a 12 month high of $108.10. 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 posted its earnings results on Friday, February 2nd. The company reported $0.65 EPS for the quarter, meeting the consensus estimate of $0.65. The firm had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.51 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The business’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the company earned $0.62 earnings per share. On average, equities analysts anticipate that Church & Dwight Co., Inc. will post 3.44 earnings per share for the current year.

Church & Dwight Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were paid a $0.2838 dividend. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.27. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date was Wednesday, February 14th. Church & Dwight’s dividend payout ratio is currently 37.17%.

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.