2,998 Shares in Church & Dwight Co., Inc. (NYSE:CHD) Purchased by Regents Gate Capital LLP

Regents Gate Capital LLP purchased a new stake in shares of Church & Dwight Co., Inc. (NYSE:CHD - Free Report) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 2,998 shares of the company's stock, valued at approximately $330,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. IAG Wealth Partners LLC raised its holdings 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 acquiring an additional 130 shares in the last quarter. Bernard Wealth Management Corp. purchased a new position in shares of Church & Dwight during the 4th quarter valued at about $40,000. Wayfinding Financial LLC purchased a new position in shares of Church & Dwight during the 1st quarter valued at about $40,000. Versant Capital Management Inc raised its stake 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. Finally, Banque Transatlantique SA bought a new stake in Church & Dwight in the 4th quarter worth approximately $46,000. 86.60% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on CHD. Bank of America upgraded Church & Dwight from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $112.00 to $125.00 in a report on Tuesday, April 15th. TD Cowen downgraded Church & Dwight from a "buy" rating to a "hold" rating and set a $100.00 target price on the stock. in a research note on Tuesday, May 6th. Cowen cut Church & Dwight from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. JPMorgan Chase & Co. cut their target price on Church & Dwight from $106.00 to $98.00 and set an "underweight" rating for the company in a research note on Friday, April 11th. Finally, Evercore ISI lowered their price target on Church & Dwight from $106.00 to $102.00 and set an "in-line" rating for the company in a research report on Friday, May 2nd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and seven 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 $108.29.

Insider Buying and Selling

In related news, EVP Michael Read purchased 3,000 shares of Church & Dwight stock in a transaction that occurred on Friday, May 9th. The shares were bought at an average price of $92.07 per share, for a total transaction of $276,210.00. Following the completion of the transaction, the executive vice president directly owned 5,505 shares of the company's stock, valued at $506,845.35. This represents a 119.76% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Carlen Hooker sold 11,875 shares of the firm's stock in a transaction dated Friday, May 30th. The stock was 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 directly owned 262 shares in the company, valued at $25,872.50. The trade was a 97.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 50,575 shares of company stock worth $4,910,586 over the last 90 days. Insiders own 1.20% of the company's stock.

Church & Dwight Price Performance

NYSE:CHD opened at $98.02 on Wednesday. The firm's 50-day simple moving average is $96.43 and its 200 day simple moving average is $102.68. Church & Dwight Co., Inc. has a 52 week low of $90.99 and a 52 week high of $116.46. The firm has a market cap of $24.14 billion, a price-to-earnings ratio of 42.07, a P/E/G ratio of 3.95 and a beta of 0.51. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.43 and a current ratio of 1.95.

Church & Dwight (NYSE:CHD - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.02. Church & Dwight had a net margin of 9.52% and a return on equity of 19.28%. The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same quarter last year, the business earned $0.96 EPS. The company's revenue was down 2.4% compared to the same quarter last year. As a group, sell-side analysts predict that Church & Dwight Co., Inc. will post 3.7 earnings per share for the current year.

Church & Dwight Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th were given a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a dividend yield of 1.20%. The ex-dividend date of this dividend was Thursday, May 15th. Church & Dwight's dividend payout ratio (DPR) is currently 50.64%.

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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