Church & Dwight Co., Inc. (NYSE:CHD) EVP Carlen Hooker Sells 6,380 Shares

Church & Dwight Co., Inc. (NYSE:CHD - Get Free Report) EVP Carlen Hooker sold 6,380 shares of the firm's stock in a transaction on Monday, June 16th. The stock was sold at an average price of $98.30, for a total transaction of $627,154.00. Following the completion of the sale, the executive vice president now owns 262 shares of the company's stock, valued at $25,754.60. The trade was a 96.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

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

• On Friday, May 30th, Carlen Hooker sold 11,875 shares of Church & Dwight stock. The shares were sold at an average price of $98.75, for a total value of $1,172,656.25.
• On Thursday, May 29th, Carlen Hooker sold 3,000 shares of Church & Dwight stock. The stock was sold at an average price of $98.05, for a total value of $294,150.00.

Church & Dwight Trading Down 1.4%

NYSE:CHD traded down $1.38 during trading hours on Tuesday, reaching $96.41. The company's stock had a trading volume of 711,998 shares, compared to its average volume of 1,966,901. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70. The firm has a market capitalization of $23.74 billion, a price-to-earnings ratio of 40.68, a PEG ratio of 3.32 and a beta of 0.52. The firm has a 50-day simple moving average of $98.33 and a 200-day simple moving average of $103.81. Church & Dwight Co., Inc. has a 1 year low of $90.99 and a 1 year high of $116.46.

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

Church & Dwight Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Thursday, May 15th were paid a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 1.22%. The ex-dividend date of this dividend was Thursday, May 15th. Church & Dwight's payout ratio is 50.64%.

Institutional Investors Weigh In On Church & Dwight

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CHD. IAG Wealth Partners LLC increased its stake in shares of Church & Dwight by 92.9% during the first quarter. IAG Wealth Partners LLC now owns 270 shares of the company's stock valued at $30,000 after buying an additional 130 shares during the period. Wayfinding Financial LLC bought a new stake in Church & Dwight in the first quarter valued at $40,000. Versant Capital Management Inc increased its position in Church & Dwight by 42.1% during the 1st quarter. Versant Capital Management Inc now owns 378 shares of the company's stock valued at $42,000 after purchasing an additional 112 shares during the period. Bernard Wealth Management Corp. bought a new position in Church & Dwight in the 4th quarter worth $40,000. Finally, Bank of Jackson Hole Trust bought a new position in Church & Dwight in the 4th quarter worth $43,000. 86.60% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

CHD has been the topic of a number of recent research reports. JPMorgan Chase & Co. dropped their price objective on shares of Church & Dwight from $106.00 to $98.00 and set an "underweight" rating on the stock in a research note on Friday, April 11th. Evercore ISI dropped their price target on shares of Church & Dwight from $106.00 to $102.00 and set an "in-line" rating on the stock in a research report on Friday, May 2nd. Barclays cut their price target on Church & Dwight from $94.00 to $84.00 and set an "underweight" rating for the company in a research note on Friday, May 2nd. Oppenheimer cut their target price on Church & Dwight from $120.00 to $115.00 and set an "outperform" rating on the stock in a research note on Monday, April 28th. Finally, Truist Financial set a $110.00 price objective on Church & Dwight and gave the stock a "buy" rating in a report on Friday, June 6th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $108.67.

Church & Dwight Company Profile

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.

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