Maynadier Patrick D. De Sells 54,654 Shares of Church & Dwight Co., Inc. (NYSE:CHD) Stock

Church & Dwight Co., Inc. (NYSE:CHD) EVP Maynadier Patrick D. De sold 54,654 shares of the business’s stock in a transaction on Friday, June 14th. The shares were sold at an average price of $107.00, for a total transaction of $5,847,978.00. Following the transaction, the executive vice president now owns 10,325 shares of the company’s stock, valued at $1,104,775. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Church & Dwight Stock Performance

Shares of NYSE:CHD opened at $109.91 on Wednesday. The company has a market cap of $26.88 billion, a price-to-earnings ratio of 34.89, a price-to-earnings-growth ratio of 3.51 and a beta of 0.51. The company has a 50-day moving average price of $106.17 and a 200-day moving average price of $101.30. The company has a current ratio of 1.33, a quick ratio of 0.82 and a debt-to-equity ratio of 0.54. Church & Dwight Co., Inc. has a 12 month low of $82.25 and a 12 month high of $110.31.

Church & Dwight (NYSE:CHD) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.86 by $0.10. The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.49 billion. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.85 earnings per share. As a group, equities analysts anticipate that Church & Dwight Co., Inc. will post 3.46 EPS for the current year.

Church & Dwight Announces Dividend

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. This represents a $1.14 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date of this dividend was Tuesday, May 14th. Church & Dwight’s payout ratio is currently 35.87%.

Hedge Funds Weigh In On Church & Dwight

Institutional investors have recently bought and sold shares of the stock. Game Plan Financial Advisors LLC bought a new position in Church & Dwight in the first quarter worth about $26,000. Crewe Advisors LLC bought a new position in Church & Dwight in the first quarter worth about $28,000. Chilton Capital Management LLC raised its stake in Church & Dwight by 50.0% in 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. Roble Belko & Company Inc bought a new position in Church & Dwight in the first quarter worth about $31,000. Finally, Creekmur Asset Management LLC bought a new position in Church & Dwight in the fourth quarter worth about $32,000. 86.60% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on CHD shares. 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 research report on Friday, May 3rd. Argus upped their target price on shares of Church & Dwight from $115.00 to $125.00 and gave the stock a “buy” rating in a research report on Tuesday, June 11th. HSBC upped their target price on shares of Church & Dwight from $110.00 to $114.00 and gave the stock a “hold” 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 issued a “buy” rating and a $110.00 target price for the company. Finally, Barclays cut their target price on shares of Church & Dwight from $83.00 to $82.00 and set an “underweight” rating for the company in a research report on Monday, May 6th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $106.19.

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.