Arthur M. Cohen & Associates LLC Grows Position in Church & Dwight Co., Inc. (NYSE:CHD)

Arthur M. Cohen & Associates LLC raised its position in Church & Dwight Co., Inc. (NYSE:CHD) by 16.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,570 shares of the company’s stock after purchasing an additional 370 shares during the quarter. Arthur M. Cohen & Associates LLC’s holdings in Church & Dwight were worth $269,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in CHD. Amalgamated Bank grew its stake in shares of Church & Dwight by 0.8% during the third quarter. Amalgamated Bank now owns 50,056 shares of the company’s stock valued at $5,242,000 after buying an additional 394 shares during the last quarter. Board of the Pension Protection Fund purchased a new position in Church & Dwight during the 4th quarter valued at $639,000. Oddo BHF Asset Management Sas bought a new position in Church & Dwight in the 3rd quarter valued at $5,934,000. Hsbc Holdings PLC increased its stake in Church & Dwight by 12.4% in the second quarter. Hsbc Holdings PLC now owns 803,588 shares of the company’s stock worth $83,249,000 after purchasing an additional 88,580 shares during the period. Finally, Citigroup Inc. lifted its position in shares of Church & Dwight by 9.1% during the third quarter. Citigroup Inc. now owns 337,738 shares of the company’s stock worth $35,368,000 after purchasing an additional 28,129 shares during the last quarter. Institutional investors own 86.60% of the company’s stock.

Analyst Upgrades and Downgrades

CHD has been the topic of a number of research analyst reports. Barclays upped their price target on shares of Church & Dwight from $85.00 to $90.00 and gave the stock an “underweight” rating in a report on Friday. Deutsche Bank Aktiengesellschaft upped their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Wells Fargo & Company lifted their price target on shares of Church & Dwight from $113.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. Stifel Nicolaus dropped their price objective on Church & Dwight from $105.00 to $103.00 and set a “hold” rating on the stock in a research note on Friday. Finally, TD Cowen raised their price objective on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $110.61.

Insiders Place Their Bets

In other news, Director Arthur B. Winkleblack sold 11,590 shares of Church & Dwight stock in a transaction on Monday, November 4th. The shares were sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the completion of the sale, the director now directly owns 7,129 shares in the company, valued at approximately $740,275.36. The trade was a 61.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Joseph James Longo sold 7,780 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $112.44, for a total value of $874,783.20. Following the completion of the transaction, the chief accounting officer now directly owns 400 shares in the company, valued at approximately $44,976. The trade was a 95.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 593,035 shares of company stock valued at $62,282,808. 1.40% of the stock is currently owned by corporate insiders.

Church & Dwight Stock Up 0.1 %

Shares of Church & Dwight stock opened at $106.42 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.62 and a debt-to-equity ratio of 0.53. The company has a market cap of $26.07 billion, a P/E ratio of 47.72, a PEG ratio of 3.12 and a beta of 0.58. The firm’s 50 day moving average price is $106.87 and its 200-day moving average price is $104.05. Church & Dwight Co., Inc. has a 52-week low of $96.09 and a 52-week high of $113.50.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.11. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same period in the previous year, the company earned $0.74 earnings per share. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. On average, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.44 EPS for the current fiscal year.

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were paid a $0.2838 dividend. This represents a $1.14 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date of this dividend was Friday, November 15th. Church & Dwight’s dividend payout ratio (DPR) is presently 50.67%.

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.