Insider Selling: Church & Dwight Co., Inc. (NYSE:CHD) EVP Sells 11,875 Shares of Stock

Church & Dwight Co., Inc. (NYSE:CHD - Get Free Report) EVP Carlen Hooker sold 11,875 shares of the stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $98.75, for a total value of $1,172,656.25. Following the completion of the transaction, the executive vice president now owns 262 shares in the company, valued at approximately $25,872.50. The trade was a 97.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Carlen Hooker also recently made the following trade(s):

• On Thursday, May 29th, Carlen Hooker sold 3,000 shares of Church & Dwight stock. The shares were sold at an average price of $98.05, for a total value of $294,150.00.

Church & Dwight Stock Performance

Shares of CHD stock traded down $0.78 during midday trading on Thursday, hitting $98.85. The company had a trading volume of 1,687,402 shares, compared to its average volume of 1,705,075. The company's 50 day simple moving average is $99.56 and its 200 day simple moving average is $104.58. Church & Dwight Co., Inc. has a 52-week low of $90.99 and a 52-week high of $116.46. The stock has a market cap of $24.35 billion, a price-to-earnings ratio of 41.71, a PEG ratio of 3.32 and a beta of 0.55. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.70 and a quick ratio of 1.24.

Church & Dwight (NYSE:CHD - Get Free Report) last announced its earnings results on Thursday, May 1st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.02. The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.52 billion. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. The company's revenue was down 2.4% on a year-over-year basis. During the same period last year, the business posted $0.96 EPS. Research analysts anticipate that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th were issued a $0.295 dividend. The ex-dividend date was Thursday, May 15th. This represents a $1.18 annualized dividend and a dividend yield of 1.19%. Church & Dwight's dividend payout ratio is currently 50.64%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on CHD shares. Oppenheimer dropped their price objective on Church & Dwight from $120.00 to $115.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. TD Cowen downgraded Church & Dwight from a "buy" rating to a "hold" rating and set a $100.00 price objective on the stock. in a report on Tuesday, May 6th. Morgan Stanley dropped their price target on Church & Dwight from $110.00 to $100.00 and set an "equal weight" rating on the stock in a research note on Monday, May 5th. Wall Street Zen downgraded Church & Dwight from a "hold" rating to a "sell" rating in a research note on Tuesday, May 20th. Finally, Royal Bank of Canada upgraded Church & Dwight from a "sector perform" rating to an "outperform" rating and raised their price target for the stock from $100.00 to $114.00 in a research note on Monday. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $110.00.

Institutional Trading of Church & Dwight

Hedge funds have recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Church & Dwight by 89.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 53,164 shares of the company's stock valued at $5,567,000 after buying an additional 25,080 shares during the period. American Century Companies Inc. lifted its holdings in shares of Church & Dwight by 0.5% in the 4th quarter. American Century Companies Inc. now owns 1,426,177 shares of the company's stock valued at $149,335,000 after buying an additional 6,425 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Church & Dwight by 19.4% in the 4th quarter. JPMorgan Chase & Co. now owns 7,336,046 shares of the company's stock valued at $768,157,000 after buying an additional 1,190,154 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Church & Dwight in the 4th quarter valued at approximately $76,565,000. Finally, LPL Financial LLC raised its holdings in Church & Dwight by 13.4% during the fourth quarter. LPL Financial LLC now owns 184,133 shares of the company's stock worth $19,281,000 after purchasing an additional 21,742 shares during the last quarter. 86.60% of the stock is owned by institutional investors and hedge funds.

About Church & Dwight

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products Division (SPD), and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.