Acadian Asset Management LLC Has $124.90 Million Stock Holdings in Church & Dwight Co., Inc. (NYSE:CHD)

Acadian Asset Management LLC lessened its holdings in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 1.7% in the first quarter, according to its most recent filing with the SEC. The firm owned 1,197,577 shares of the company’s stock after selling 21,218 shares during the period. Acadian Asset Management LLC owned 0.49% of Church & Dwight worth $124,903,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Game Plan Financial Advisors LLC acquired a new stake in Church & Dwight during the 1st quarter worth $26,000. Roble Belko & Company Inc acquired a new stake in Church & Dwight during the 1st quarter worth $31,000. Chilton Capital Management LLC grew its holdings in Church & Dwight by 50.0% during the 4th 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 period. Creekmur Asset Management LLC acquired a new stake in Church & Dwight during the 4th quarter worth $32,000. Finally, Annapolis Financial Services LLC grew its holdings in Church & Dwight by 2,087.5% during the 4th quarter. Annapolis Financial Services LLC now owns 350 shares of the company’s stock worth $33,000 after acquiring an additional 334 shares during the period. Institutional investors and hedge funds own 86.60% of the company’s stock.

Church & Dwight Stock Up 0.4 %

NYSE:CHD traded up $0.44 on Friday, hitting $102.61. 1,190,292 shares of the company’s stock were exchanged, compared to its average volume of 1,697,466. The firm has a 50-day moving average price of $106.05 and a 200-day moving average price of $103.14. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.33 and a quick ratio of 0.82. Church & Dwight Co., Inc. has a 52 week low of $82.25 and a 52 week high of $110.31. The company has a market cap of $25.09 billion, a P/E ratio of 32.57, a price-to-earnings-growth ratio of 3.35 and a beta of 0.52.

Church & Dwight (NYSE:CHD) last issued its earnings results on Thursday, May 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.10. The company had revenue of $1.50 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.85 EPS. As a group, analysts expect that Church & Dwight Co., Inc. will post 3.46 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 15th were paid a $0.2838 dividend. The ex-dividend date was Tuesday, May 14th. This represents a $1.14 dividend on an annualized basis and a yield of 1.11%. Church & Dwight’s dividend payout ratio (DPR) is currently 35.87%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Evercore ISI boosted their price target on shares of Church & Dwight from $107.00 to $110.00 and gave the company an “in-line” rating in a report on Friday, May 3rd. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Church & Dwight from $109.00 to $112.00 and gave the company a “buy” rating in a report on Monday, April 22nd. Oppenheimer boosted their price target on shares of Church & Dwight from $110.00 to $120.00 and gave the company an “outperform” rating in a report on Tuesday, April 23rd. Bank of America boosted their price target on shares of Church & Dwight from $100.00 to $104.00 and gave the company a “neutral” rating in a report on Monday, April 15th. Finally, BNP Paribas assumed coverage on shares of Church & Dwight in a report on Monday, June 24th. They issued a “neutral” rating and a $114.00 price target for the company. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $106.53.

Insider Activity at Church & Dwight

In related news, Director Penry W. Price sold 7,752 shares of the company’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $105.47, for a total value of $817,603.44. Following the transaction, the director now owns 25,692 shares in the company, valued at approximately $2,709,735.24. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In other Church & Dwight news, Director Ravichandra Krishnamu Saligram sold 20,000 shares of the stock in a transaction that occurred on Tuesday, June 4th. The shares were sold at an average price of $107.67, for a total transaction of $2,153,400.00. Following the transaction, the director now owns 13,793 shares in the company, valued at approximately $1,485,092.31. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Penry W. Price sold 7,752 shares of the stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $105.47, for a total transaction of $817,603.44. Following the transaction, the director now owns 25,692 shares in the company, valued at approximately $2,709,735.24. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 182,346 shares of company stock worth $19,465,948. Insiders own 2.00% of the company’s stock.

Church & Dwight 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.